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Manila Times Business

A decade in, Studio Ghibli Fest keeps growing as new generations flock to 'Totoro,' 'Ponyo' and more

NEW YORK — Whenever the calendar comes out, Amanda Mendoza VanCleave circles the dates. Studio Ghibli Fest, the long-running theatrical revivals of Ghibli movies, has taken on a special meaning for her, her 3-year-old daughter and her mother, Araceli. Every year, they go to see each Ghibli rerelease in theaters. "Right when she sees the opening Totoro logo, she screams 'Totoro!'" VanCleave, 34, says of her daughter. "Everyone in the theater started laughing, and I was like, 'Oh, gosh, sorr

Context & Analysis

The enduring appeal of catalog entertainment like Studio Ghibli Fest offers a practical case study in how Philippine exhibitors and retailers can maximize existing intellectual property. What began as a niche touring event has matured into a predictable revenue stream for theater chains, which can program rereleases with significantly lower acquisition and marketing costs than first-run Hollywood blockbusters. For local operators such as SM Cinemas, CineMo, and Ayala Malls Cinemas, this model reduces box office volatility while maintaining steady foot traffic. That traffic directly supports mall operators listed on the PSE, which rely on cinema attendance to drive ancillary retail and food court spending.

The business extends well beyond ticket sales. Ghibli’s visual style and family-friendly catalog drive consistent demand for licensed merchandise, apparel, and home entertainment products. In the Philippine market, where anime and manga culture has deep roots, this translates into steady sales for authorized distributors and broader retail networks. The Department of Trade and Industry continues to monitor imported entertainment goods for labeling compliance and pricing transparency, while the Bangko Sentral ng Pilipinas tracks how peso-dollar exchange rate movements affect the landed cost of licensed merchandise and digital licensing fees. When the peso weakens against the dollar or yen, importers typically pass costs to consumers or pivot toward digital distribution, which carries lower physical logistics overhead.

Looking ahead, Philippine entertainment stakeholders should monitor how theater chains structure their programming calendars around catalog releases versus new local and international films. The Council for the Cinema’s ongoing box office reporting improvements will provide clearer visibility into how rereleases perform relative to original releases. Meanwhile, streaming platforms are increasingly competing for catalog rights, which could shift consumer viewing habits from theaters to home screens. For investors and operators, the lesson is straightforward: well-managed intellectual property with multi-generational appeal can deliver recurring revenue with predictable risk. The challenge lies in securing favorable licensing terms, navigating import costs, and aligning retail partnerships to capture the full value chain beyond the screen.

Analysis by IJE Software — original commentary on the story above.

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Source: manilatimes.net

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