Total production spend up, but domestic figures register steep drop
by Naman Ramachandran
- UK film industry enjoys an 11.4% share of the global box office
The 2014 British Film Institute (BFI) Statistical Yearbook paints an overall rosy picture, but in the fine print is the sad news of declining domestic production spends. 2013 saw a total production spend in the UK of £1.1 billion, up 7.5% on 2012’s £994 million. However, the combined spend across all domestic UK films was £154 million, a steep drop from 2012’s £248 million.
Box office during 2013 was £1.1 billion, a 1% dip on 2012. Cinema admissions were 165.5 million, down from 172.5 million in 2012. With collections of more than £2.4 billion, UK films accounted for an 11.4% share of the global box office. These numbers include co-productions with the US and other countries.
Younger audiences, of 7-24 years, accounted for 47% of all admissions. Comedy accounted for the highest proportion of releases (22%) and 14% of the box office, with the biggest film being The Hangover Part III. British films were the draw for older audiences in the 45-54 age range, with Sunshine on Leith [+see also:
film profile], Rush [+see also:
film profile] and Filth [+see also:
film profile] attracting significant above-average audiences in that age group. For audiences in the 55-and-above age group, dramas, biopics and musical films held the greatest appeal, led by Quartet [+see also:
film profile], Philomena [+see also:
interview: Stephen Frears
film profile] and Les Misérables [+see also:
film profile], all of which are British films.
Amanda Nevill, chief executive of the BFI, said, “Han Solo’s Millennium Falcon currently docked at Pinewood is just one tantalising indication of just how much we remain the destination of choice for international filmmaking. The opportunities for growth in film, high-end television, animation and games are so exciting that we need to keep our foot hard down on the accelerator.”