China’s box office presales fall over 60% from last year in crucial Lunar New Year window

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China's box office presales for the upcoming Lunar New Year holiday have fallen over 60% compared to last year, reaching only 200 million yuan by Saturday. This decline, tracked by Alibaba Pictures' Taopiaopiao, signals potentially lower audience demand for the crucial film season. The Spring Festival season has become a significant driver of China's annual box office revenue, accounting for nearly one-fifth of yearly takings. The high benchmark set by the 2025 season, boosted by the animated film Ne Zha 2, makes matching that success challenging. Analysts suggest the current supply of films for the 2026 Lunar New Year season lacks comparable breakout potential, leading to cautious expectations.
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