Tens of millions of box-office worries behind 500 movies only 20% make money

Sina Entertainment News SARFT Film Bureau held a media briefing last week, officially announced the 2010 National Urban Cinemas total box-office reached 10.172 billion yuan, an increase of 64% than 2009.　　This is certainly good news for the film market, but at the same time, many people have questioned the "historical record", thinking that there is false in domestic film investment, and that although more than 500 films were produced last year, only 20% of the money was made. The report released by the SARFT Film Bureau in Friday revealed that the 2010 Chinese film's various numerical indicators have created a new high of nearly a decade: the annual production of more than 500 film films, ranked third in the world, the annual box-office breakthrough billion, growth of more than 60%.　　Although the box-office breakthrough billion is gratifying news, but according to a number of industry insiders said that the 500 films, the achievement of profit of the film does not exceed 20%. On the topic of domestic film investment, Wuwei, vice president of the CPPCC, said in a media interview last December: "In the Chinese film market, there are about 100-120 films in the upper house, of which 30% make money, 40% flat and 30% lose money." In addition, the Hong Kong listed company Culture China Communications Group Chairman Dongping also told the media, although the domestic film investors, but only 20%-30% of them are cool investors, he also pointed out that the annual film about 20% of the money, 20% flat, and 60% of the film is a short time loss. jzb/