Entertainment & SocietyHollywood Contributed 62% Of N495m Nigeria Cinemas Revenue In September

Hollywood Contributed 62% Of N495m Nigeria Cinemas Revenue In September

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October 16, (THEWILL) – The Cinema Exhibitors Association of Nigeria CEAN says it realised N495 million from ticket sales across cinemas in September

In an interview on Saturday, CEAN’s national president, Ope Ajayi, said the cinemas experienced a 48 percent increase in sales compared to September 2021 and a 31 percent increase comparing August 2022 to September 2022.

He explained that N334,071,950.00 was realised from ticket sales across cinemas in September 2021, while N495,324,900.00 was generated in September 2022.

“Comparing monthly revenues in 2022 to 2021, September had a 48 percent increase in performance year-on-year, while against August 2022, box office takings increased by 31 percent in September 2022.”

“The 19 Nollywood films shown in September accounted for 36 percent of box office revenues while 15 Hollywood films contributed to 62 percent”, he said.

According to him, the top five performing films for September include ‘The Woman King’, ‘Passport’, ‘Brotherhood’, ‘Beast and Thor’, ‘Love and Thunder’.

He listed the films to be out in the rest of October as Win or Lose, Detective Knight Rogue, Black Adam, Invaders, Halloween Ends, Lyle Lyle Crocodile and One for Sarah.

“Like we predicted, Viola Davis and the stars of The Woman King came through with a fantastic delivery for an epic/action.”

“It was also a great delight seeing Nollywood’s Jimmy Odukoya in a whole different light with all the sword fights and flicks.”

“Then the party got merrier with ‘Brotherhood’, as it was obvious that the production crew at Greoh Studios didn’t come to play.”

“All the cast brought their A-game, delivering power-packed action as promised and raising the bar for the action genre in Nollywood,” he said.

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