The Cinema Exhibitors Association of Nigeria (CEAN) on Tuesday said it generated N471 million in ticket sales across the country in July. Ope Ajayi, CEAN’s national chairman disclosed this in Lagos.
The chairman said there was an increase in revenue in July compared to that of June, and also the revenue generated in July 2022 compared with July 2021.
“The box office got a total revenue of N71,679,856.00 for July, an increase from what we had in June N363,274,999.00; this is encouraging. Thor: Love & Thunder was the major outlier, accounting for over 54 per cent of the total box office revenue in July and 69 per cent of Hollywood, while ‘Ile Owo’ was Nollywood’s highest-grossing, accounting for about 4 per cent,” Mr. Ajayi said.
“Despite fewer titles released on July (31), compared to June (41), Nigerian cinemas experienced growth in box office revenue by 30 per cent comparing totals from both months. However, comparing July’s revenues for 2021 and 2022, cinemas gained a five per cent increase.”
Mr. Ajayi further said that August will feature strong Nollywood titles alongside ‘Bullet Train’. He also noted that the top five highest-grossing films in July were Thor: Love and Thunder, Minions 2: The Rise of Gru, Jurassic Work: Dominion, Ile Owo, and Top Gun: Maverick.
