UK box office revenue for 2013 suffers first slump in 10 years
Story by Jack Foley
THE UK box office suffered its first slump in 10 years and biggest decline in more than 20 in 2013.
According to figures released by box office research giant Rentrak, revenue fell by one per cent year-on-year in 2013, with the coffers pulling in £1.17 billion.
Disney’s Iron Man 3 ($60.8 million), Peter Jackson’s The Hobbit: The Desolation of Smaug ($56 million despite only opening in mid-December) and The Hunger Games: Catching Fire ($53.3 million) rounded out the top five of the most popular films of the year.
The fall in revenue was attributed to several key factors. Firstly, the lack of a Harry Potter movie or a 007 release, both of which tend to be the most popular with UK audiences, accounted for part of the decline.
But the UK also enjoyed a nice and lengthy summer, which has long been a factor in generating income over the blockbuster season, as well as other key cultural events such as the royal birth and the Wimbledon success of Andy Murray.
It also enjoyed a record-breaking year in 2012, buoyed by the success of Skyfall.
Of the distributors, Warner Bros led the way, followed by Disney, Universal and Twentieth Century Fox.
Independent distributor eOne Films landed fifth place, ahead of Sony and Paramount, while Lionsgate, Studiocanal and Entertainment Film Distributors rounded out the top 10.