openPR Logo
Press release

Morocco faces a collapsing Cinema Market

03-16-2010 10:00 AM CET | Media & Telecommunications

Press release from: Dataxis

Moroccan cinema market has been suffering a severe decline during the past years. Box office revenues were nearly reduced by half in less than 10 years. In 2009, cinema revenues reached barely 68mln DH ($US 8.32 million dollars), down from 117mln DH ($US 14.32 million) in 2001, according to Dataxis Intelligence’s market data.

With movie admission reaching less than 2.6mln in 2009 (down 19% from a year earlier) and a population of 31.5mln inhabitants, the country saw its admission per capita stand once again at an extremely low level (0.08).

What can account for the gradual collapse of the Cinema market in Morocco?

If we look at figures from countries that have comparable GDPs per capita, we can easily see that the economic conditions of the country, which have been relatively improving during the past years, cannot really be held responsible for this trend.

Colombia for instance recorded 21.561 million admissions in 2008 and generated 155.7mln Colombian Pesos from this activity in the same year, according to Dataxis Intelligence’s market data. This represents nearly 0.5 admissions per capita, compared to 0.08 in Morocco.

On the other hand, 2009 was one of the best years in terms of cinematographic production in Morocco. However, this did not prevent movie admission and revenues from falling.

What about movie theaters?

Twenty years ago, Morocco had around 200 movie theaters nationwide. This figure fell to 54 theaters and 77 screens in 2009. Dilapidated movie theaters are closing every year. Others are more and more deserted by movie goers.
In an attempt to meet an increasing demand for more ‘attractive’ cinemas, the experience of installing sophisticated movie theaters was initiated a few years ago. It is right now gradually duplicating in some of the country’s major cities.

These centers, which involved unprecedented investments in this field (75mln DH, or US9.2mln for the Megarama Center in Marrakech), have managed to attract more and more movie goers.

Unfortunately, these local initiatives are failing to stop the national cinema market’s hemorrhage.

Worldwide Cinema, DVD and VoD revenues for 2009 will soon be available as part of Dataxis Intelligence’s ‘Entertainment’ market research service.

DATAXIS, is an international market research and statistical intelligence company that covers 4 play markets worldwide. Our online database: www.dataxis.com contains detailed and up to date data on subscribers, revenues and ARPUs as well as annual forecasts on major operators and technology suppliers. Our news website: www.dataxisnews.com is a great tool to keep telecom professional up to date on the latest developments of the industry. In addition, we also publish our own analyses and Press Releases, under the Dataxis Views Section, that cover different regions worldwide: Middle East, Africa, Asia Pacific, Europe, North America, and Latin America.

Dataxis Maroc SARL
3 Rue Calavon Boulevard Abdelmoumen
Casablanca - Morocco
Ms. Alkhansa Belouali
alkhansa.belouali@dataxis.com
00212674179626

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Morocco faces a collapsing Cinema Market here

News-ID: 123791 • Views: 1626

More Releases from Dataxis

Germany’s DVD market remains strong, Blu-ray shows a bright outlook
At a time when the home video market appears to be doomed in many countries, specially in those where piracy and / or digital usage are spreading at a rapid pace, Germany’s home video industry continues to hold steady, reaching record levels. This trend, along with the surge in Blu-ray sales and attractiveness of 3G among German consumers, portends a bright outlook for the market in the coming months. In 2009,
Morocco Advertising Expenditure to grow 15% in 2010
Morocco Advertising Expenditure increased by nearly 20% in the first half of 2010, reaching MAD 2.5 billion (US$ 295 million) in June. The telecommunication sector, which traditionally accounts for 30% of ad spending, was one of the heaviest investors in the period, as Morocco’s third telecom operator Wana launched a new GSM offer under the name of Inwi. Among all media, Television was the one that benefited most from the
Top five Cinema markets account for nearly 60% of global Box Office
With 1.3 billion movie admissions, the U.S. cinema market generated a record of US$ 10.6 bn in revenues in 2009, or 36% of the worldwide box office, far ahead of Japan, the second ranked country in terms of annual box office receipts. India, which records each year nearly three times as many movie goers as does the U.S, comes third in worldwide cinema revenues. This paradoxical situation can be explained
Spain: Mobile revenues down by 12% in a semester
Spanish mobile market like the country’s other economic sectors has been navigating in a storm during the last semester to March 2010 when some key performance indicators turned red. Thus, both subscriptions to mobile services and revenue generated by operators proved to be disappointing as featured it well the chart below based on Dataxis Intelligence recent updates. As a matter of fact, Spanish mobile market revenues tumbled at just over €3.9

All 5 Releases


More Releases for Morocco

Morocco Insurance Industry - Governance, Risk and Compliance
A new independent 50 page research with title 'Morocco Insurance Industry - Governance, Risk and Compliance’ guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like North America, Europe or Asia and important players/vendors With n-number of tables and figures examining the Insurance Industry, the research gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue
Morocco SIEMA Expo 2019
Northern Africa is more long-lasting than before with Morocco SIEMA!!! 2nd Morocco SIEMA 2019; International Food, Processing, Packaging and Machinery Exhibition which is organized by Elan Expo took place on 06-08 December 2019 at Office des Foires et Expositions (OFEC) at Casablanca, Morocco. FRESHER FUTURE WITH THE SIEMA EXPO Morocco is one of the most profitable market for food, processing, packaging and machinery industry in the African region with its’ perfect location, annual
4th Morocco Food Expo 2019
The most delicious fair in the Northern Africa – Morocco FoodExpo!!! 4th Morocco FoodExpo 2019; International Food, Hospitality and Technologies Exhibition which is organized by Elan Expo took place on 06-08 December 2019 at Office des Foires et Expositions (OFEC) at Casablanca, Morocco. THE APPETISING FOOD MARKET – MOROCCO Morocco is the most profitable food market in the African region with its’ perfect location, annual growth rate, and its’ dependency to the international
Morocco: Country Intelligence Report 2018 (Maroc Telecom, Orange Morocco, Inwi)
A new independent 42 page research with title 'Morocco: Country Intelligence Report' guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like Morocco, North America, Europe or Asia and important players/vendors such as Maroc Telecom, Orange Morocco, Inwi, beIn Sports, OSN, ART With n-number of tables and figures examining the Morocco: Country Intelligence Report, the research gives you a visual, one-stop
PESTLE Insights: Macroeconomic Outlook Report - Morocco
PESTLE Insights: Macroeconomic Outlook Report - Morocco is latest pipeline review released by HTF MI to provides comprehensive information on the therapeutics under development for PESTLE Insights: Macroeconomic Outlook Report - Morocco, complete with analysis by stage of development, drug target, root cause analysis ,mechanism of action (MoA), route of administration (RoA) and molecule type. Get Access to Sample PDF @: https://www.htfmarketreport.com/sample-report/1261906-pestle-insights-42 If you are want to study the PESTLE Insights:
Agrochemicals Market in Morocco
ReportsWorldwide has announced the addition of a new report title Morocco: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Morocco: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A