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Cinema-goers spent N1.2bn in July, August —CEAN

Cinema-goers spent N1.2bn in July, August —CEAN

The sum of N1,294,602,827 was spent by Nigerians watching movies in cinemas for July and August, so says the Cinema Exhibitors Association of Nigeria (CEAN).

The figures are according to data provided by the cinemas and compiled by CEAN, the News Agency of Nigeria reports.

Data provided by CEAN showed that the movie titled, ‘Bling Lagosians’ led the first week of July in movie ticket purchases by raking in 37, 409, 372 million naira. However, it was one of only two Nigerian films in the top 20 movies.

The other was Kunle Afoloyan’s ‘Mokalik’ starting the month at number nine while ‘Avengers: Endgame’ sank to 18th position, earning 151, 966 Naira that week. By the second week, ‘Spiderman: Far from home’ edged ‘Bling Lagosians’ out of the first position.

It had a 34 per cent decrease in revenue while ‘Spiderman’ earned 64, 072, 680 million Naira. ‘Spiderman’ remained on top for the third week, although earnings decreased by 36 per cent.

However, general grosses dropped by 20 per cent while ‘Lion King’ debuted for a few days, raking in 4, 040, 854 million Naira.

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By the fourth week, ‘Lion King’ had settled in and climbed to number one with 108, 447, 093 million Naira. ‘Bling Lagosians’ stayed at number three with ‘Mokalik’ at number 13.

Other Nigerian films in top 20 included ‘Rant Queens’ at number eight, ‘The Gift’ at number eleven, ‘Wakill’ at 15 and ‘Coming From Insanity’ at 17.

The buzz around ‘Lion King’ dropped by the fifth week with earnings down by 33 per cent, totalling 73, 040, 701 million Naira. All the top 20 films earned 136, 936, 341 million naira in total.

‘Fast and Furious: Hobbs and Shaw’ debuted and snatched the number spot with 104, 443, 577 million naira. On Nollywood’s side, ‘The Set-Up’ entered late into the week and raked in 187, 500 naira.

Although revenue dropped by 48 per cent, ‘Fast and Furious’ maintained the number one position while ‘The Set-Up’ made its real box office debut at number three with 25, 634, 606 million Naira.

By the next week, all films maintained their positions but the ‘Bling Lagosians’ sank to number eight after spending eight weeks in the box office. ‘Once Upon a Time in Hollywood’ debuted leading to a week total of 113, 615, 730 million Naira.

In week nine, ‘Angel Has Fallen’ climbed to the number one spot, making 64, 227, 240 million naira. ‘The Set-Up’ was pushed to the fourth position with a 49 per cent drop in revenue.

For the last weekend in August, ‘Bling Lagosians’ settled at number 20 with ‘Once Upon a Time in Hollywood’ struggling at number 19. ‘The Set-Up’ had dropped to number five.

Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
www.ripplesnigeria.com

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