Homegrown hits like The King’s Speech, The Inbetweeners Movie and Tinker Tailor Soldier Spy helped drive the market share of U.K independent films to an all-time high 13.5% in a year that saw increased overall movie admissions, the British Film Institute announced today. In total, 171.6 million tickets were sold at the U.K. box office, a 1.4% increase on 2010 and the third highest total of the last decade. Gross value of box office was £1.04 billion, repping a 5% jump on 2010 and the first time the £1 billion barrier has been broken. Overall, the market share for all British films – whether they be independents or pictures shot locally but financed from abroad – hit 36.2%, up from 24.0% in 2010. Total investment in U.K.-based film production reached £1.26 billion. Spend on domestic features, however, was down to £194 million from £214 million the previous year as fewer films were made. British co-productions increased to 40 from 30 in 2010 for a U.K. spend of £59 million up from £56.3 in 2010.For more estimates listed by title, see box office results here...
By NANCY TARTAGLIONE, International Editor | Tuesday, 31 January 2012 11:23 UKTags: Box Office, The Inbetweeners Movie, The King's Speech
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This article was printed from http://www.deadline.com/2012/01/local-independent-films-hit-record-high-market-share-at-u-ks-2011-box-office/
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