Movies that made the most money in SA
According to the latest South African Box Office Report published by the National Film and Video Foundation, revenue generated by locally-made films increased 43% to R33 million in the first half of 2014, from R23 million in the same period in 2013.
The report showed that 12 of 111 films released during the reporting period were produced locally, up 20% from 10 titles in 2013. A large share of the 111 titles were distributed by Ster Kinekor (47), and Times Media (39).
The Amazing Spider Man 2 took top honours as the country’s biggest earner, with R21.8-million, followed by Rio 2 at R21.1-million, and and X-Men: Days of Future Past, with R16.9-million.
To put the figures into perspective, according to BoxOffice.com the Amazing Spider-Man 2 grossed a total $202.8 million (R2.16 billion) in the USA alone – with a world-wide haul of $708.2 million (R7.5 billion).
This means South Africa’s take accounts for less than 0.3% of the total taking for the title.
Pad Na Jou Hart topped the list for South African film, grossing more than R11-million.
Overall gross revenue at South Africa’s cinema’s however, declined by 6%, to R382 million, between the first half of 2013 and the first half of 2014.
In the first half of 2014,local productions accounted for 9% of total gross revenue, up from 5% in the prior reporting period.
South Africa generated revenues of more than R879 million in 2013 for the 204 films shown at box office.
Locally produced films increased from 19 in 2012 to 25 in 2013 generating revenues of more than R98 million putting SA’s box office share at 11%.
In terms of earnings by genre, Animation was the highest grossing genre with R72 million.
Titles that contributed to this upsurge was RIO 2, The Lego Movie and Mr. Peabody & Sherman.
Action/Adventure grossed R70 million; and Drama took the third place with R59 million.
Source: Business Tech Africa 14 August 2014