ICAA presents official results for 2011
by Sergio Ríos Pérez
23/07/2012 - With greater delay than usual, perhaps due to successive difficulties in recent months, l'ICAA-Institutode la Cinematografía y las Artes Audiovisuales published definitive and official results of the production, distribution and exploration sectors in 2011.
There is no great surprise compared to figures presented in January by companies such as Rentrak (see article). In 2011, Spanish productions and co-productions earned receipts of €99,137,000m for 15.52 million cinemagoers. These results represent an improvement compared to the deplorable level in 2010 (one of the worst in the last ten years), which was €80.27m for 12.92 million admissions. The improvement is due in large part to the launch of the fourth part of Santiago Segura’s Torrente (photo), which made €19.34m in turnover for 2.63 million admissions.
The box office fell by a total 4% compared to 2010 (it lost almost €26.5m, going from €662.3 to €635.84m), a downward trend which worsened in the first quarter this year, with a 12% drop in revenue (according to Rentrak) compared to those recorded in the first quarter of last year.
(Translated from Spanish)