Jan 10
MMFFP 2007 MISSES OF P400 MILLION MARK by fapweb  |  Posted in Articles  |  on Thu, Jan 10, 2008

Unofficial reports based on theater FAX reports submitted to the booking committee of the Metropolitan Manila Film Festival Philippines 2007 showed that it failed to approximate last year’s records by grossing just P380 million in its two-week run.

The total gross for this year’s filmfest was P380,241,286 with Metro Manila theaters accounting for P266 million and provincial cinemas for P114 million.

Last year’s gross totaled P414,506,353 with Metro Manila theaters accounting for P302 million while provincial gross totaled P111 million.

But the 2007 gross is still the second highest in the history of the 33-year-old MMFF-P. The 2005 filmfest grossed P351 million. In 2003, it was P326 million; 2002, P315 million; and 2004, P300 million.

It was a replay of last year as Sakal, Sakali, Saklolo of Star Cinema again overtook OctoArts Films’ Enteng Kabisote 4. Sakal grossed P122 million while Enteng Kabisote 4 grossed P104 million.

The final gross takes of the nine film entries are as follows:

Star Cinema’s Sakal Sakali, Saklolo——————-P122,893,166

OctoArts Films’ Enteng Kabisote 4———————-P104,632,792

Regal Entertainment Inc.’s Shake, Rattle & Roll 9——P68,021,363

Regal Entertainment Inc.’s Desperadas—————-P 35,501,113

Imus Films’ Resiklo———————————–P 21.668,242

Regal Entertainment Inc.’s Bahay Kubo—————-P 19,439,119

Maverick Films’ Katas ng Saudi————————P 3,280,522

MP Promotions’ Anak ng Kumander———————P 2,457,113

Comguild Films’ Banal———————————-P 2,347,852

Last year, Star Cinema’s Kasal, Kasali, Kasalo grossed P139 million;OctoArts Films’ Enteng Kabisote 3, P128 million; Regal Films’ Shake, Rattle & Roll 8 P57 million; Canary Films’ Matakot Ka sa Karma P23 million; Regal Films’ Mano Po 5: Gua Ai Di, P22 million; Regal Films’ Super Noypi, 19 million; Regal Films’ Zsa Zsa Zaturnnah, P11 million; CM Films’ Ligalig, P7 million; and Violett Films and MTL Films’ Tatlong Baraha, P3.9 million.

MMFFP officials opined that the possibility of hitting the P500 million mark will be achieved within the next three or four years or earlier if the film piracy problem will be solved as early as possible.

Producers will soon be planning for the 34th MMFF-P which will be probably launched during the appreciation dinner for the 2007 Filmfest. Screenplays for possible entries will be submitted probably in June or July this year.