30 August 2013 12:07 PM, PDT | Variety - Film News | See recent Variety - Film News news »

While the Chinese film industry is booming at home, with production volume, cinema numbers and theatrical box office all racing ahead, film exports are going almost nowhere.

Official figures are vague on the value of overseas sales achieved by Chinese rights holders, but data points to overseas box office for Chinese films dropping for the past two years.

In some quarters this is a cause for concern, but for others it is a matter of sublime indifference. That’s because they are too busy figuring out how to profit from this domestic golden era.

“China’s companies have no idea about international sales. That’s because they are so strongly focused on their home market,” says Albert Lee, CEO of Emperor Motion Pictures, another conglomerate that straddles Hong Kong and China.

When local films can gross anywhere between $30 million for “Say Yes” to the $200 million earned by “Journey to the »


- Patrick Frater

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