The Cinema Exhibitors Association of Nigeria (CEAN) said on Tuesday that the country's ticket sales in July brought in N471 million.
In an interview with newsmen in Lagos, Mr. Ope Ajayi, the national chairman of CEAN, made this disclosure.
According to Ajayi, there was an increase in revenue when comparing July's revenue to June's, as well as when comparing July's revenue from 2021 to 2022.
“The box office got total revenue of N471,679,856.00 for July, an increase from what we had in June N363,274,999.00; this is encouraging.
“Thor: Love & Thunder was the major outlier, accounting for over 54 per cent of the total Box Office revenue in July and 69 per cent of Hollywood, while ‘Ile Owo’ was Nollywood’s highest-grossing, accounting for about 4 per cent.
“Despite fewer tittles released in July (31), compared to June (41), Nigerian cinemas experienced a growth in box office revenue by 30 per cent comparing totals from both months.
“However, comparing July’s revenues for 2021 and 2022, cinemas gained 5 per cent increase.
“August looks to feature strong Nollywood titles alongside Bullet Train, hence, cinemas anticipate a strong build-up to the fourth quarter,” he said.
According to Ajayi, the top 5 highest-grossing movies in July were Ile Owo, Top Gun: Maverick, Jurassic World: Dominion, and Thor: Love and Thunder.
For the month of August, he listed the following films for release in theatres: Runner, Bullet Train, Paws of Fury: The Legend of Hank, Cold, Akoni, Beast, The Set-Up 2, Rubucon, and many more.
The Invitation to Hell, All or Nothing, Big Trip 2: Special Delivery, Nope, Hammer, Obara'm, and Dragon Ball Super: Superhero are a few more.