The film industry or film industry includes the technological and commercial institutions of filmmaking, ie film production companies, film studios, cinematography, animation, film production, screenwriting, pre-production, post-production, film festivals, distributors and actors, film directors and other personnel of the film team. Although the cost of film production almost immediately resulted in film production being concentrated under the aegis of production companies, advances in affordable film machines and the expansion of opportunities to acquire investment capital from outside the film industry have enabled the development of independent film production.
As of 2018, the global box office is worth $ 41.7 billion. Including box office and home entertainment revenues, the value of the global film industry is $ 136 billion from 2018 Hollywood is the oldest national film industry in the world and remains the largest. as far as the gross receipts from the box office are concerned. Indian cinema (including Bollywood) is the largest national film industry in terms of number of films produced and number of tickets sold, with 3.5 billion tickets sold worldwide per year (compared to Hollywood’s 2.6 billion tickets sold per year). and 1,813 annually produced feature films.
Modern film industry
The global cinema market had a box office in 2016 of 38.6 billion US dollars. The three main continents / regions by cash gross were: Asia-Pacific with $ 14.9 billion, the United States and Canada with $ 11.4 billion and Europe, the Middle East and North Africa with $ 9.5 billion , As of 2016, the largest markets by cash in declining order were 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, France, Germany, Italy, Spain, Spain and the UK are important centers of film production.
Distinct from the centers are the places where films are shot. Due to labor and infrastructure costs, many films are produced in countries other than the one in which the company that pays the film is produced. For example, many US films are filmed in Canada, many Nigerian films in Ghana, while many Indian films are filmed in America, Europe, Germany, Singapore and so on.