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2015 LOCAL BOX OFFICE FIGURES

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The National Film and Video Foundation (NFVF), an agency of the Department of Arts and Culture constantly conducts research into varying aspects of the film industry to develop a better understanding of the industry and to inform strategic focus. The foundation has therefore released its Box Office Report for the period of January to December 2015 . The 2015 box office revealed a remarkable year for theatrical releases in South African cinema industry. Gross Box Office saw an impressive growth of 36% , even though there was a price hike on cinema tickets by exhibitors. Cinemas in South Africa typically saw price increases, with Ster-Kinekor and Times Media implementing an increment every year due to economic instabilities. Fast and the Furious cast managed to bag close to R90million. PICTURE: Furious7.com Box office revenues recorded a solid upward trend with all theatrical revenues adding up to R1 198 billion in 2015. This was due to popular releases of films such as, Fas...

SABC MEETS WITH NFVF ON TRANSFORMATION

The South African Broadcasting Corporation (SABC) and the   National Film and Video Foundation   (NFVF) held broad discussions on the issue of transformation within the South African film and television industry. The meeting follows the announcement of nominees for the 10 th   South African Film and Television Awards (SAFTAs) which took place last week Thursday. SABC Chief Operations Officer, Hlaudi Motsoeneng said the issue of transformation is very important to the SABC and is in line with our mandate as a public broadcaster. “The NFVF is a custodian of the growth and development of the local film and television industry, hence the need to find common ground in the interest of sustaining the partnership. We are therefore pleased that the NFVF is of the same mind on this issue and we are committed to working with them to transform the industry,” said Motsoeneng. Marking the 10 years of the SAFTAs, the two parties agreed that urgent attention is required to trans...