Beijing and Hollywood are decoupling as Chinese audiences favor domestic productions

Box Office Success of Hollywood Films Declines in China #

Hollywood blockbusters are losing their appeal in China, the second-largest film market after the U.S. Factors such as geopolitical tensions, advancements in China’s domestic film market, and government regulation have contributed to American films’ declining popularity. Walt Disney Co.’s latest release, ‘Deadpool & Wolverine,’ has performed exceptionally well worldwide but failed to replicate that success in China. Local productions like the comedy-drama ‘Successor’ have outperformed Hollywood films in the Chinese box office. The growing preference for culturally relevant and nationalistic films, along with Hollywood’s reliance on the international market, has led to a shift in the film industry.