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Names, names and… names / Cinemas advance in 2023, box office grows 28%, 2019 is still far away and Netflix #1 in “Home Entertainment” – El Sol de México

An industry that also presented a better face in 2023 was film exhibition. Although it has not yet returned to the best of times, it has walked with everything and the strength of “streaming” in homes.

Canacine who presides Avelino Rodríguez and what does it take Tabata Vilar announced the results for 2023: turnover was 15,590 million pesos, 29.6% higher than 2022. True, it is still 18% compared to 2019, which was a record year.

Average attendance also improved to 1.7 times, although in 2019 it was 2.6 times. The important thing is that the fear of going to the movies has already disappeared. Nodal factor the average price at 66.89 pesos, which only grew 1.1% despite relentless inflation.

Consequently, 233 million tickets were sold, 28.2% more than in 2022, although still 33.4% away from 2019. This 2024 would have to be the year to make a comeback.

It will depend on the premieres, an area in which the producers were very active in 2023 with 446 vs 396 in 2023. From Hollywood it was 143 vs 102 in 2022 and the Mexican ones, there were 95 new releases vs 87, very good news.

The highest grossing was “Radical” by Christopher Zalla and who stars Eugenio Derbez. It attracted 3.2 million spectators with a box office of 208.3 million pesos. It was followed by “Unhappily Ever After” Noé Santillán-López and “Long live Mexico!”

The one was “Super Mario Bros” with 22.7 million tickets and 1,542 million pesos, “Barbie” 12.9 million and “Fast and Furious” with 9.8 million.

The distributor that took the cake was Universal with 4,167 million dollars, 26% of the total, followed by Warner with 20% and Walt Disney 17%. In Cinépolis theaters Alejandro Ramirez ended with 4,127 vs 2,866 for Cinemex that he directs Ricardo Larrea.

As for the producers, the large studios contributed 83.7% of the films and in “Home Entertainment” the most influential was Netflix, a category in which we are 6th with 10.6 million subscribers. As a business we already have the 4th place in the world.

So the cinema is back.

PREDICTIBILITY AND CERTAINTY, NODALS FOR BUSINESS: KNOPP BY KPMG

Those who were in Mexico to evaluate the business climate were Paul Knopp and Will Williams helm and second in command of KPMG Americas. In his vision there is no doubt about the good horizon that there is in terms of investments in the country due to “nearshoring”. Of course, infrastructure, security and the rule of law will have to be improved. The multinational, with a long operating history here, is convinced that there will be a white balance in the elections in the US and Mexico, although Knopp was categorical about the importance of “predictability and certainty” for the business climate.

AUDI WORKERS INSIST ON A 15.5% INCREASE

As expected, the Audi workers he manages Tarek Mashhour They refused to end the strike at the German automaker. The line of the union that commands Cesar Orta He continued to push with everything to achieve a 15.5% salary increase in 2024.

ON FEBRUARY 14 ANOTHER EXTENSION FOR STRIKE IN MONTE DE PIEDA

And not in the Monte de Piedad in charge of Javier de la Calle The mess with his union is going on. Once again another extension was opened by the group of Arturo Zayún, now to break out the multi-postponed strike on February 14. The point is to continue with the conciliation sessions in the STPS of Marath Bolaños.

INDUSTRY CLOSES DOWN AND MANUFACTURING DOES NOT WALK

In line with the slowdown at the end of the year, the industrial sector showed a fall of 0.7% in December. It had a second month in negative territory. Even construction returned to its old ways with a drop of 0.6% and not to mention manufacturing, which fell 1.25%. Already annually, according to the INEGI of Graciela Marquez, The sector advanced 3.56%. This 2024 will be more complicated because the US will walk slower.

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