Looking at film studios, Buena Vista achieved the most in 2017, holding the largest market share at 22 per cent, and generated the highest box office revenue at over $3.5 billion. Actually, it’s the biggest business, in terms of revenue.īy the end of this year, the US film industry will hit $50.9 million, and according to data and statistics site Statista, it’s expected to generate $72.1 billion in revenue by the end of 2020. In the US, the film industry means business. Here’s the break-down of each country’s revenue: If you hop on a seven hour flight from Mumbai to China, you’ll land in yet another film capital: Beijing, famous for the Cinema of China.Īccording to Variety, the global film industry brings in a whopping $60.1 billion in revenue as of 2018, with Disney responsible for almost a fifth of that figure.
Related article: Netflix absent from Cannes as streaming giant zeros in on film industry Related article: $2 million jewels, $35,000 tickets and $35,000 gowns: the real cost of attending the world’s most exclusive gala Related article: $15m episodes, $500k paychecks and $2.3b publicity: Game of Thrones in numbers If you take a 20-something hour flight from Hollywood to India’s south-west coastal city of Mumbai, you’ll be right in the heart of Bollywood, a film capital which takes its title from Mumbai’s former name, Bombay. Hollywood is known for its high-flying actors and actresses, but while the US holds the title for the oldest film industry in the world, it’s not the only major film capital anymore.
Elle Fanning poses at the 72nd international film festival.
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