China Box Office Flatlines in 2016

Business & Technology

After surging 48 percent last year, China’s 2016 box office is projected to grow by just 4.5 percent. Patrick Brzeski reports that industry analysts cite a number of factors for the decline, including "weaker local films, a crackdown on box-office fraud, cutbacks in last year’s generous ticket subsidies from online platforms trying to build market share, overall weakness in the Chinese economy and increased consumer discernment among China’s new moviegoers."