China Box Office: ‘Creation of the Gods’ Solidifies Lead With $57 Million Second Weekend as ‘Barbie’ Shows Its Legs

Patrick Frater Asia Bureau Chief The box office in mainland China reached an all-time high in the summer season, according to figures from ticketing agency Maoyan Entertainment. The record was achieved with minimal input from Hollywood.

Patrick Frater Asia Bureau Chief Tencent, the Chinese games, social media and streaming giant, reported further quarterly profits recovery after a dire 2022. But its revenues for the April-June period missed financial analysts’ expectations and point to continued weakness in the Chinese economy. Group revenues for the period were RMB149 billion ($20.6 billion), representing an 11% year-on-year growth, but a 1% quarter-on-quarter decline.

Patrick Frater Asia Bureau Chief The number of paying streaming subscribers at China’s Tencent Music Entertainment hit 100 million in the June, the company said Tuesday as it revealed its second quarter financials. Subscriber numbers increased by 20% year on year and by 5 million quarter on quarter, to hit 99.4 million, the company said. That increase helped quarterly revenues from music subscriptions to rise by 37% year-on-year to RMB2.89 billion ($399 million).

Patrick Frater Asia Bureau Chief Chinese crime action movie “No More Bets,” not “Barbie,” was the best performing film in the world this weekend. Comscore calculates that “No More Bets,” earned $88 million between Friday and Sunday in China alone. That figure is greater than the $33.7 million that “Barbie” earned in its fourth weekend of release in North America and the $45.1 million that it earned in international territories (for a global, weekend total of $78.8 million).

according to IMDB’s Box Office Mojo.This week, it surpassed the $500 million mark, making its director Greta Gerwig the highest earning female director ever at the domestic box office, beating the record held by “Frozen II‘s” Jennifer Lee.The movie is so popular that searches for the baby name “Barbie” have increased by a staggering 603% since April, when its trailer was released.“Oppenheimer,” which was in fourth place last week, moved back up to the No. 2 spot with $5.1 million in sales.This week, the Christopher Nolan filmbecame the highest grossing ever at Hollywood’s TCL Chinese Theatre in the location’s 97-year history, according to Deadline.

Box Office Mojo. “Barbie” has dominated the box office in the United States and Canada, making over $485.4 million as of Aug. 9.

Patrick Frater Asia Bureau Chief Box office hit “Lost in the Stars” was a contributor to the April to June profits recorded by Chinese tech giant Alibaba’s digital media and entertainment division. The division, which spans streaming, ticketing, film production and distribution and web browser, recorded earnings before interest, taxation and amortization (EBITA) of $9 million (RMB63 million). That follows many years of losses, including $126 million (RMB907 million) of EBITA losses in the equivalent quarter last year.

Patrick Frater Asia Bureau Chief “Meg 2: The Trench,” the second instalment in the Chinese-financed giant shark franchise, was the top film worldwide over the weekend. But in its China home market “Meg 2” was beaten by strong previews of “No More Bets.” Nevertheless, the arrival of two popular films at the top of the chart meant that China enjoyed its third highest box office weekend of the year, with a $185 million haul. That score is the strongest weekend of 2023 outside the Chinese New Year holiday season.

Rebecca Rubin Film and Media Reporter “Meg 2: The Trench,” the second Jason Statham-led shark thriller, is swimming to $112 million in its international box office debut, bringing its global total to $142 million. It’s a strong start for the $130 million-budgeted film, which was co-financed by Warner Bros. and China Media Capital.

Patrick Frater Asia Bureau Chief “Meg 2: The Trench” serves up a school of prehistoric fish that chew up the seas, a snapping pack of imaginary hybrid dinosaurs that wreak havoc on land and a surprising cinema business model — the Chinese-controlled franchise intended for a global audience. And while early reviews are predictably mixed, the film’s box office debut looks promising. In China, on Friday, it bit off a $19.5 million first day and enjoyed a 50% market share.

Patrick Frater Asia Bureau Chief Theatrical cinema in July enjoyed its highest revenues since pre-pandemic times, with global box office hitting $4.54 billion during the month. “This is the single highest-grossing month since before the pandemic began.

Patrick Frater Asia Bureau Chief The Busan film festival’s Asian Project Market is set to welcome several of the region’s top auteurs either as producers or prospective directors at its next edition in October. APM organizers Thursday unveiled 30 projects to be presented during a four-day round of one-on-one meetings and pitching sessions. India’s Rima Das (“Tora’s Husband”) will pitch “Malti My Love.” Japan’s Fukada Koji (“Love Life,” “Harmonium”) will pitch “Nagi Notes.” Indonesia’s Makbul Mubarak (“Autobiography”) will pitch “Watch It Burn.” Among the successful producers adding their weight to APM contenders are: Patrick Mao Huang (“Moneyboys,” “Tiger Stripes”) selling Peter Ho’s project “Appetite for Desire”; Jeremy Chua (“Inside the Yellow Cocoon Shell,” “Autobiography”), pitching Rafael Manuel’s “Filipinana”; Ichiyama Shozo (“Ash Is Puirest White”) pitching Song Fang’s Japan-China collaboration “Full Moon”; Fran Borgia (“A Land Imagined,” “Tiger Stripes”) pitching Aakash Chhabra’s “I’ll Smile in September”; and Tan Chui Mui (“Barbarian Invasion”) pitching Jian Xiaoshuan’s “To Kill A Mongolian Horse.” The project market and the Asian Contents & Film Market are both scheduled to operate Oct.

Patrick Frater Asia Bureau Chief China is proposing to restrict internet access to minors and children. The move is intended to curb internet addiction. Tech sector regulator, the Cyberspace Administration of China said on Wednesday that people under 18 will not be allowed to access the internet via a mobile device between 10pm and 6am each day.

Patrick Frater Asia Bureau Chief The Asia Contents Awards, held as part of the Busan International Film Festival since 2019, is to join forces with the Global OTT Awards to form a wider-reaching event. The merged events are to be known under the ungainly abbreviation ACA & G.OTT Awards and will be co-hosted by South Korea’s Ministry of Science and ICT and Busan Metropolitan City authorities. The ceremony will be held in Busan on Sunday Oct.

“Barbie” continues to heat up the box office after a blockbuster opening weekend that soared far beyond initial predictions.

Patrick Frater Asia Bureau Chief Kris Wu, the Chinese-Canadian pop megastar who was jailed last year for rape and group sex, appeared in court in Beijing on Tuesday to appeal his convictions. The case was heard at the Beijing No. 3 Intermediate People’s Court.

Patrick Frater Asia Bureau Chief While “Barbie” was romping to box office records in North American and scoring strongly in many international territories, the pink phenomenon could muster only fifth place in China, the world’s second largest movie market, on its opening weekend. “Barbie” managed $8.2 million in its opening three days, according to data from consultancy firm Artisan Gateway. Local box office sources show the film trapped in that position on all three days of the weekend session, as the locally-produced titles jostled for leadership and swapped positions. Somewhat encouragingly, the daily score for “Barbie” had increased by Sunday as it was given more screening sessions by Chinese exhibitors.

Patrick Frater Asia Bureau Chief Cineverse, the streaming and content distribution company previously known as Cinedigm, has acquired North American rights to the Chinese animated fantasy film “Warrior King.” Inspired by the legend of the hero and warrior, King Gesar, the film is directed by Lu Qi from a screenplay by Lu Wunan and Wang Yunsheng. Cineverse says that it will release the film in U.S. theaters Aug. 25, following its international theatrical debut.  The story of Gesar is considered one of Central Asia’s literary classics and was passed down in oral tradition for some 1,000 years, as well as literary, poetic and stage play versions. Its Tibetan iteration may now be the most prominent, It is certainly one of the longest, running to over 100 volumes and a million verses, according to some calculations.   

Patrick Frater Asia Bureau Chief Exports of K-pop albums increased by 17% year on year to reach an all-time record of $133 million in the first six months of the year. The U.S. is now the second biggest overseas market for Korean music worth $25 million, having overtaken China, but still trailing Japan ($48 million), according to data from the Korea Customs Service. The next largest were Germany, Taiwan, Hong Kong, the Netherlands, Canada, the U.K. and France.The record was achieved despite the absence of BTS as a group (though BTS members Jimin, and Suga put out solo efforts) and saw Stray Kids, Tomorrow X Together, Seventeen, Ateez and Twice all make an international impact.

Patrick Frater Asia Bureau Chief Movie stars Zhou Xun and Jelly Lin head the cast of “Imperfect Victim,” a new mainland Chinese drama series that focuses on workplace sexual harassment and leads to a rape trial. Zhou (“Cloud Atlas,” “The Silent War,” “Painted Skin”) plays a lawyer who steps in to represent the character played by Lin (“The Mermaid”), who alleges assault by her boss at work. He is portrayed by TV veteran Liu Yijun (“Nirvana in Fire,” “The Pretender”). The case becomes complicated and Zhou’s character is forced to question her own ethics. The show is highly topical, given the slowly building #MeToo movement in China. This is being fuelled by numerous instances of sexual discrimination, sexual assault and outright violence towards women, many instances of which have gone viral on Chinese social media before being deleted by censors.