th images menu user export search eye clock list list2 arrow-left untitled twitter facebook googleplus instagram cross photos entrep-logo-svg

How Much Money are Star Cinema, GMA Films, Regal, Viva and Other Local Film Studios Making?

A financial overview of the 10 movie producers that made the most entries for the MMFF since 2012
By Elyssa Christine Lopez |



Now on its 43rd year, the Metro Manila Film Festival (MMFF) will showcase eight locally produced movies anew for a couple of weeks starting Dec. 25. This is the only time during the year that only local films are shown in virtually all of the moviehouses in the country.


In the past six years, 29 film studios have either produced or distributed a movie for the festival. That may seem like a big number. In actuality, not many of them last or remain active in the festival that long. Almost half of them are either new film studios or have only produced only one movie for the contest from 2012 to 2017.


In the same period, only 10 film outfits produced or co-produced at least four movies for the MMFF. They’re led by ABS-CBN Broadcasting Corp.’s movie outfit, Star Cinema, which made a total of 10 films; Viva Entertainment, which made nine; and Quantum Films, which produced six. Four producers—Regal Entertainment of industry stalwart Lily Monteverde, OctoArts, APT Entertainment and M-ZET productions—made five films each. The last three—GMA Films, Kris Aquino Productions and MJM Productions—made four films each.


Of the eight major movie producers whose financial statements are available at the SEC, only three reported revenues of over Php100 million in their latest financial report. Of these, only one—Star Cinema—made at least Php1 billion in gross sales. The pattern is similar in terms of profits or net income. Only three companies made over Php10 million in net income, and only one of them—again Star Cinema—reported a profit of over Php100 million.


Considering the huge costs of producing full-length feature films, these relatively low levels of revenue and net income perhaps explain why over half of the 29 outfits that participated in the MMFF in the past six years produced only one movie each. More Filipinos need to watch locally produced movies and not just during the two-week MMFF to support the financial health of the Filipino filmmaking industry.






Elyssa Christine Lopez is a staff writer of Entrepreneur PH. Follow her on Twitter @elyssalopz

Latest Articles

(WATCH) How Anne Curtis Fulfilled A Dream By Launching Her Own Make-up Line

The actress and host shares how she came up with blk Cosmetics with the help of industry veterans

byPaul John Caña | March 23, 2018 17:00:00

Robinsons Retail Acquires Rustan’s Supermarkets, Shopwise in Php18-B Share-Swap Deal

HK-based retailer Dairy Farm to own 18.25% of Gokongwei-owned retail firm in exchange for 100% of...

byEntrepreneur Staff | March 23, 2018 17:00:00

Here's a Platform For Pinoy MSMEs to Network and Expand Their Business Globally

GlobalLinker is a social media and business tool website for entrepreneurs

byNicai de Guzman | March 23, 2018 17:00:00

Billion-Dollar Design Startup Helps Pinoy Entrepreneurs Create Engaging Visual Content

Australia-based Canva has achieved unicorn status but strives to remain affordable and accessible

byPaul John Caña | March 23, 2018 09:00:00

Don't Show Off, Show Interest

How to network, not do in-person cold calls

byIvan Misner | March 23, 2018 08:00:00

Read Mark Zuckerberg's Full Statement on Facebook's Data Scandal

The CEO broke his silence on the Cambridge Analytica controversy

byEntrepreneur US Staff | March 23, 2018 06:00:00

4 Ways to Boost Your Business by Cutting Costs

The best ROI is achieved when you stop wasting money

byMonica Zent | March 23, 2018 00:00:00

The Unusual Hobbies of 8 of the World's Most Successful Business Leaders

Ukulele anyone?

byNina Zipkin | March 23, 2018 00:00:00

SEC on Initial Coin Offerings: If It Acts Like a Security, It Must be a Security and Must be Registered

A regulator explains how the commission is trying to balance technological innovation and investor...

byRoel Landingin | March 22, 2018 10:00:00

Tired of Condo Investments? Ortigas & Co. Offers Office Spaces for Sale in New Mixed-Use Project

Office rents in the Ortigas central business district almost doubled in 2017

byElyssa Christine Lopez | March 22, 2018 10:00:00

How You Can Get Ahead in Business in Just 5 Minutes

In today's world, giving to others gets results

byZach Obront | March 22, 2018 08:00:00

10 Crazy Effects Music Has on Your Brain

Here's how different types of tunes affect your productivity, creativity, spending habits and more

byLydia Belanger | March 22, 2018 06:00:00