Where in the world do British films do well?
I spent some of last week in Berlin at the InterFilm International Short Film Festival which was playing host to the Viral Video Awards (where my film 'The Theory of Everything' won the Audience Award!)
The experience of watching British films abroad got me thinking about the export of UK films. Despite the fact that most British filmmakers want to sell their films worldwide, few seem to have a handle on how likely that is. I took a look at how British films perform around the world and which types of British films do best. In summary...
The UK is the second largest exporter of films, after America
In 2012, British films accounted for 15% of the global box office
The vast majority of internationally distributed British films are financed by Hollywood
The whole of Asia only accounts for 6% of UK film exports
New Zealanders watch almost as many British films as the British
The British films which travel best are star comedies and historical biopics
UK films underperform in Japan, Mexico, South Korea and Brazil
British films are second only to American films
British films have accounted for between 7% and 17% of the global box office in the last decade, that's 12.5% on average.
Not all "British films" are created equal
The term 'British film' is not a desperately useful one as it includes a huge range of films, from micro-budget independent films right up to the Studio-backed epics like Harry Potter and Skyfall. I've tried to distinguish between the two as I feel that most of my readers will feel heavily associated with just one of these sectors.
When we split the Studio-backed films from the independent films we can see that the income from Studio-backed British films is highly erratic. There were just three years separating the 10-year low in 2009 (just under $2 billion) and the high in 2011 ($5.6 billion). To try and explain why this is the case, take a look at the following list of Studio films which came out in 2011 and take a guess how many are officially "British films"...
Harry Potter and the Deathly Hallows: Part 2
Pirates of the Caribbean: On Stranger Tides
Sherlock Holmes: A Game of Shadows
Arthur Christmas
Johnny English Reborn
X-Men: First Class
Captain America: The First Avenger
The answer is... all of them. The current UK Film Tax Credit system has been very effective in attracting Hollywood Studios to shoot in the UK, leading to a huge increase in the figures for how "British films" perform aboard. However, there is no evidence in the numbers to suggest that the success of films like Pirates of the Caribbean: On Stranger Tides help the release of other British films in the same territory.
(Incidentally, I'm classing Johnny English Reborn as 'Studio backed' because Working Title is owned by Universal. As in most things, Working Title can sometimes be seen as a special case. Their funding comes directly from Hollywood but producers Tim Bevan and Eric Fellner have the autonomy to greenlight movies up to $35 million, and while their output is unquestionably commercial it is also almost invariably culturally British).
So, where are the British films selling?
The biggest importer of British films by a long margin is America.
What types of British films travel best?
Last year, the BFI commissioned David Steele and Olsberg SPI to look at UK film exports and they found that the British films with the greatest chance of success internationally were...
Biopics of significant British historical figures of international interest (The King's Speech, The Iron Lady)
Medium budget British comedies with star actors (Johnny English, Nanny McPhee, Paul)
British films with a particular cultural or national connection to the territory in question (Senna, Jean Charles)
British films with story / content of universal appeal (Slumdog Millionaire, One Life)
Which countries are cine-anglophiles?
Below is the 2012 box office data on 18 key territories where British films were distributed.
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Sources
My data this week came from Rentrak, MPAA, HIS, BFI, Olsberg SPI and David Steele. David Steele's report 'International Territory Review' should be required reading for all serious UK film producers. It's extremely comprehensive, well researched and valuable.
Ideally, I would have preferred to have presented a chart with how British films performed in every country in the world but after the first 18 countries the data dried up. If anyone can find a data source for more data on this topic then I would be most grateful.
Berlin is a wonderful city and brimming with thought-proving wisdom...
