Chapter 8: Theatrical release history and comparative performance of independent domestic UK films – 89 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Table 8.6 Percentage of independent domestic UK films achieving multi-territory box office to budget ratio of 2 or above by budget, production years 2003-2011 Budget band (£ million) Number of films released within two years of principal photography Number of films achieving a ratio of 2 or above % of films achieving a ratio of 2 or above <0.5 122 4 3.3 0.5 – 2 142 7 4.9 2 – 5 104 9 8.7 5+ 54 8 14.8 Total 422 28 6.6 Source: Rentrak, BFI Notes: Release rates subject to two-year release limit (see section 8.1). Box office figures valid to February 2014. 8.8 Films which were not released theatrically In this section we look at what has happened to films for which we have information on production, but not on theatrical release at any time (we do not use the release within two years of principal photography criterion in this section). Our data on box office and theatrical release details are supplied by Rentrak, and so the definition of release also depends on having the release data from this company. Occasionally a film might be released for a short time in a small number of venues but is not tracked by Rentrak. Such a film would be included as not released in the release rate calculations (even if the limited release occurred within two years of principal photography). Even where a film is not shown in a cinema (whether tracked or not), there are many other ways for it to be seen by an audience, and so it is of interest to know what happens to films which do not achieve a theatrical release. We have looked at 620 independent domestic UK films, produced between 2003 and 2011, for which we had information on production but no data on theatrical release from Rentrak. Using other sources of information (IMDb, film festival websites, films’ own websites, etc) the outcome of these film projects (whether they have been shown at any venue or festival or whether they were made available on any medium) was investigated. There are many possibilities for the outcome of a film project and Table 8.7 shows the number of films, by budget, which fall into three broad outcome categories: • The film has been completed and shown or is available; • The film is still in production or post-production; and • No information found. The last category includes all films for which no information was available from the sources investigated; it does not indicate a definite outcome. For example, any film for which production has been abandoned would fall into the last category, but not all films in this category would have been abandoned. Table 8.7 shows that, overall, at least 414 (67%) of the 620 films which did not achieve a theatrical release were shown on another medium or are available on some other platform.
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