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You are here: Home / Top four circuits in Australia take 60% of market

Top four circuits in Australia take 60% of market

The top four film exhibitors, Hoyts, Village, Greater Union-Event and Reading, have increased their hold of the exhibition arena from 52.4% in 2009 to around 60% this year, according to a report by IBISWorld on cinemas in Australia. The report predicts growth of about 1.5% annually over the next five years, with 3D films expected to increase their share from 11.5% to 13.8%. Cinemas Down Under are earning 73.5% of their income from ticket sales, 19.7% from food and beverage, and the rest from other income sources including game machines, etc.Nicole Kidman has returned to Australia to take the lead in the mystery drama Strangerland. The plot has Kidman and screen husband Joseph Fiennes’ marriage and lives going downhill after their two teenage daughters disappear in the Australian desert. Cop Hugo Weaving leads the search for the children. Filming has been taking place in several western Sydney suburbs, with the production set to move to Outback locations shortly. Kidman said, “I am always looing for the right script to bring me home to Australia. The moment I read Strangerland, I knew this was a film I couldn’t say no to.” This is her first independent Australian film since Dead Calm… Read full this story

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Top four circuits in Australia take 60% of market have 259 words, post on www.filmjournal.com at April 11, 2014. This is cached page on CuBird. If you want remove this page, please contact us.

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