China’s Box Office—Going Global
According to The Hollywood Reporter (THR), China, the second-largest market in the world for movie-goers, saw dramatic growth of 48.7 percent in 2015—and Hollywood is feeling the pressure!
As China’s economy has developed, they’re spending more and more money on entertainment. THR says, “By the end of 2017, China is expected to surpass North America—which reached a record $11 billion in box-office revenue in 2015—as the largest movie market in the world.”
This is global hollywood. Where Hollywood has always influenced the world’s media, now the world’s media is influencing Hollywood. Foreign box office is rapidly growing, and in China’s case, rivaling the U.S. box office. And foreign money is commonly funding American projects.
Pray that God will reveal Himself to the leaders of global media . . . some of whom are already listed on Mastermedia’s Media Leader Prayer Calendar.