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Puerto Vallarta News NetworkEntertainment 

Mexican Films Hold Their Own Against Hollywood Fare

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December 16, 2013

According to a report released by the Mexican Film Chamber this week, attendance figures and box office receipts for home-grown productions tripled this year as they captured a double-digit market share.

Mexico City, Mexico - It appears that Mexican cinema is finally gaining ground at home in a market where Hollywood releases usually dominate.

The Mexican Film Chamber, or Canacine, released a year-end preliminary report this week, and the results are encouraging for local producers - attendance figures and box office receipts for Mexican releases nearly tripled this year as they captured a double-digit market share.

What's more, several domestic films pulled off the rare feat of outperforming wide Hollywood releases. Among those was Pantelion's bilingual comedy "Instructions Not Included," which raked in more than $47 million and bested such tentpoles as Disney's "Monsters University" and Universal's "Fast & Furious 6." Stateside, the Pantelion release did an impressive $44 million, making it the top-grossing Spanish-language film of all time in the United States.

Mexican theaters also got a huge boost from Gaz Alazraki's hit comedy "Nosotros los Nobles" - "We Are the Nobles" - which did nearly $28 million in receipts and eclipsed Fox toon "The Croods" and Paramount zombie flick "World War Z."

The romantic comedy "Pulling Strings"" is enjoying a strong run as well; after five weeks it has taken in about $7.5 million. Comedies, no doubt, were the hot ticket this year.

Overall, the year's top earners in Mexico were Disney's "Iron Man 3," Universal's "Despicable Me 2" and Pantelion's "Instructions Not Included." For 2013 attendance, "Instructions Not Included" tops the chart with more than 15 million tickets sold.

Canacine estimates that Mexico will finish the year pulling in about $913 million at the box office, representing about 11 percent growth. Mexico is second only to Brazil among leading Latin American moviegoing markets.

Original Story