Festive period; massive turnover as Nigerians spent 359 million during yuletide in cinemas

By MWorld Team Jan 7, 20190

Movie lovers across the country spent a total of N359m in cinemas between December 21 and 27.

This is according to data provided by the Cinema Exhibitors Association of Nigeria, TheCable reported on Friday. The five top-grossing movies in the cinema during the period were Aquaman, Chief Daddy, Bumblebee, Animated Spider-Man and God Calling. Aquaman grossed N168,434,137 while Chief Daddy grossed N101,979,343. King of Boys, Lionheart, Mary Poppins Returns, Mortal Engines and Grinch made up the other half of the top 10.

Between December 28 and December 30, cinemas across the country recorded N166,996,007. During this period, the five top-grossing movies were Aquaman, Chief Daddy, Up North, Bumblebee and Lionheart.

A total of N682.2m was spent in cinemas between December 14 and December 30 on movies alone. This is excluding money spent on drinks and popcorn. As of November 15, Merry Men, a movie produced by Ayo Makun, was ranked the highest-grossing movie with a total income of N230m.

According to the Group Executive Director, Filmhouse Cinemas, Moses Babatope, King of Boys has accounted for 45 per cent of the market share since it opened while almost 50 per cent of Ghost and the Tout earnings came from the south-west.

Source: PUNCH