The film industry or motion picture industry, comprises the technological and commercial institutions of filmmaking, i.e., film production companies, film studios, cinematography, animation, film production, screenwriting, pre-production, post production, film festivals, distribution and actors, film directors and other film crew personnel. Though the expense involved in making films almost immediately led film production to concentrate under the auspices of standing production companies, advances in affordable filmmaking equipment, as well as an expansion of opportunities to acquire investment capital from outside the film industry itself, have allowed independent film production to evolve.
In 2018, the global box office was worth $41.7 billion. When including box office and home entertainment revenue, the global film industry was worth $136 billion in 2018. Hollywood is the world’s oldest national film industry, and remains the largest in terms of box office gross revenue. Indian cinema is the largest national film industry in terms of the number of films produced, with 1,813 feature films produced annually as of 2018. As of 2011, the national film industries with the highest annual ticket sales worldwide were Indian cinema with 3.5 billion tickets sold, followed by Hollywood with 2.6 billion tickets sold.
The worldwide theatrical market had a box office of US$38.6 billion in 2016. The top three continents/regions by box office gross were: Asia-Pacific with US$14.9 billion, the U.S. and Canada with US$11.4 billion, and Europe, the Middle East and North Africa with US$9.5 billion. As of 2016, the largest markets by box office were, in decreasing order, the United States, China, Japan, India, and the United Kingdom. As of 2011, the countries with the largest number of film productions were India, Nigeria, and the United States. In Europe, significant centers of movie production are Italy, France, Germany, Spain, and the United Kingdom.
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