FANDANGO ACHIEVES BEST QUARTER IN COMPANY HISTORY on July 03, 2012
LOS ANGELES, CA -- Fandango, the nation's leading moviegoer destination, announced today that it achieved the company's best quarter in its 12-year history, with a 28% year-over-year surge in second quarter ticket sales, a 26% year-over-year increase in second quarter traffic, and its highest number of mobile tickets sold in one quarter, with mobile purchases up 107% year-over-year.
"Fandango has truly become the way today's film fans get to the movies, and our consecutive record-setting quarters are a testament to that," said Rick Butler, Executive Vice President and General Manager of Fandango. "Our growing traffic and spike in mobile ticket sales have been driven by our unsurpassed theater and portal reach-along with our mobile product innovations, exclusive celebrity interviews and trailer debuts, as well as our ability to guarantee seats for the summer's most anticipated movies.'"
The second quarter of 2012 was marked by new distribution deals with both AOL's Moviefone and Microsoft's MSN in addition to record-setting ticket sales for "The Avengers." This comes on the heels of first quarter's distribution deal with Yahoo!, as well as AMC Theatres and Regency Theatres, and a long-term renewal with Carmike Cinemas.
The company continues to lead in mobile, with 27% of Fandango's ticket sales deriving from its mobile site and apps. Fandango's apps have been downloaded 25 million times, with mobile downloads up 49% year-over-year.
Fandango also launched an enormously popular Facebook Timeline app dubbed "Movies with Friends," (http://www.fandango.com/movies-with-friends) which provides a variety of new social tools that allow Fandango friends to share their moviegoing activities in real time.
Additionally, Fandango and Telemundo recently announced the launch of Fandango Ciné, a bilingual destination for Hispanic moviegoers, which is scheduled to debut by the year end.
'The Amazing Spider-Man' Tallies $50.2 Million Internationally, Sets New Record in India on July 01, 2012
Sunday Update #2: Sony reports that The Amazing Spider-Man is off to a great start with $50.2 million internationally from 13 markets.
Market reports from Sony:
KOREA earned $13.4M on 1,213 screens, capturing a 71% market share. The KW15.8B total for Thursday to Sunday is the 3rd biggest of all time for a Hollywood film, behind only the 2nd and 3rd TRANSFORMERS films. This is 24% bigger than SPIDER-MAN 3 and 10% more than AVENGERS.
JAPAN opened with $11.4M on 1,092 screens, pulling in an estimated 84% of the country's Saturday-Sunday weekend box office.
INDIA grossed $6.0M on 1,236 screens, the biggest opening ever for a Hollywood film, 74% bigger than SPIDER-MAN 3, 73% more than AVENGERS, and more than double the lifetime box office of DARK KNIGHT.
The PHILIPPINES bowed with $3.2M on 529 screens, capturing the entire market in its opening weekend. This is the 4thbiggest Friday-Sunday opening ever (behind AVENGERS, TRANSFORMERS 3, and TWILIGHT: BREAKING DAWN.)
TAIWAN did $2.9M on 268 screens while taking in 73% of the market's weekend total. It is the 2nd biggest Fri-Sun weekend of the year (behind AVENGERS.)
HONG KONG earned $2.7M on 158 screens, pulling in 84% of the total market. This is the 4th biggest Friday-Sunday opening of all time (behind just TRANSFORMERS 3, AVENGERS, and HARRY POTTER AND THE DEATHLY HALLOWS PART II.)
SINGAPORE grossed $2.5M on 128 screens, the 3rd biggest Friday-Sunday opening of all time (behind TRANSFORMERS 3 and AVENGERS.)
THAILAND opened to $1.9M on 320 screens, capturing 81% of the market. 10th biggest Friday-Sunday opening of all time.
VIETNAM grossed $425K on 41 screens, the 6th biggest Friday-Sunday opening of all time (and the 5th biggest Hollywood film.) It has surpassed the lifetime box office total of SPIDER-MAN 3.
In Europe, GERMANY grossed an estimated $4.2M on 755 screens (50% market share), HOLLAND earned $850K on 113,AUSTRIA opened to $480K on 85, and SWITZERLAND did $290K on 130.
Sunday Update #1: Vajir Singh, editor of Box Office India, confirms that The Amazing Spider-Man is outpacing Marvel's The Avengers in India. No official numbers are available yet, but Deadline.com is reporting that Spider-Man took in more than $5 million, which could be the biggest debut for an American film in India.
"It wouldn't surprise me if The Amazing Spider-Man beats Avengers here given that it is a much more established and universal brand in India," says Nitin Tej Ahuja, publisher of Box Office India. "It's a huge release—over 1,000 prints across formats—and relatively smaller domestic releases on the same weekend will contribute greatly to a big weekend." For reports from Indian exhibitors, head over to the BOI website.
UPDATED: 'Ted' and 'Magic Mike' Start Strong on June 30, 2012
Saturday: Universal reports that Ted grossed $20.2 million on Friday, and it will go on to make $51.4 million. Meanwhile, Warner Bros. says that Magic Mike raked in an impressive $19.4 million on Friday. Boxoffice.com projects a $47.5 million for Magic Mike.
Friday Update: Universal reports that Ted raked in $2.625 million from midnight shows at 1,090 locations. Meanwhile, Warner Bros. reports that Magic Mike made a healthy $2.050 million from 1,100 locations during midnight shows.
From Fandango's official release:
Fandango reports that the Channing Tatum male stripper movie, "Magic Mike", is #1 in today's ticket sales, representing 53% of all sales on Fandango on Wednesday. In a survey conducted Tuesday on the site with more than 1,000 respondents, Fandango found the following:
• 87% are planning to see it with a group of women;
• 81% are 25-49 years old;
• 82% plan to see it opening weekend
• 78% said that "Magic Mike" is the summer movie they're most excited to see on the big screen;
• 77% feel that female-skewing movies have been lacking in Hollywood;
• 68% are planning to attend some kind of get-together before or after the movie.