BIG STORY

NOLLYWOOD: Nigeria’s Cinema Records Over N346m Revenue In March

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The Cinema Exhibitors Association of Nigeria on Monday said that it generated N346.6 million from tickets sold across the country in March.

The CEAN’s National President, Patrick Lee, disclosed this in an interview with the News Agency of Nigeria in Lagos.

Lee said that the figure represented a 45 percent increase compared to the 189 million realized in March 2021.

He also said that there was a seven percent improvement in ticket sales in March, as N301.48 million was generated in February.

He listed the highest-grossing films in Nigeria in the month of March as: “The Batman”; “Uncharted”; “The Contractor”; “A Simple Lie” and “Turning Red”.

“For the month of March 2022, we have N346,607,688.00 ticket sales, this is quite encouraging compared to what we had in February, N301,480,148.00.

“The Batman sold the highest number of tickets accounting for 39 percent of box office revenue for the month of March.

“Comparatively, 2022 has continued to record higher box office revenue than 2021, March shows a 45 percent improvement from 2021 performance and a 7 percent growth from February 2022.

“Of the 41 films shown in Nigeria cinemas in the month of March, Hollywood accounted for 75 percent of revenues despite having only 14 titles,” he said.

Lee noted that the films to be out for the month of April were: I’m Nazzy, Sonic The Hedgehog, Saint Mark, Morbius, Bad Guys, King of Thieves, and Fantastic Beasts: The Secrets of Dumbledore.

He said others were: The Blood Covenant, Twenty Nine, Ben from Downstairs, The Lost City, Rainy Day, The Man for the Job, Memory and Downtown Abbey: A New Era, and A Hunt for Joe.

“As we say goodbye to the first quarter, we can’t wait to unravel the package for the second, beginning with a promising delivery of Marvel’s new superhero flick, “Morbius”.

“Its trailer suggests a blend of action, sci-fi, thriller, and horror; we are keen to see how moviegoers from our region would respond. Horrors have not realized the best figures at the Nigerian box office,” he said.

Credit: NAN

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