GLOBAL OUTPUT DROPS
September 16th 2009 20:22
NUMBER OF US TITLES FALLS BY 21 PER CENT
According to Screen Digest, the number of films produced globally fell by 3 per cent in 2008, the first annual decline for five years. US output fell even more sharply, down 21 per cent, from 656 to 520 titles. In contrast, India recorded a 14 per cent increase to 1,325 titles. Australia also saw a rise, producing 34 titles compared to 30 the previous year, and moving up the global rankings to number 24.
Although India leads the world in the number of films produced and released, the US still accounts for over half of the world's investment in film production and has the highest domestic box office share (97 per cent).
Top 50 countries ranked by number of feature films produced.
Top 20 countries ranked by production investment
Top 20 countries by number of number of films released
Domestic box office share of selected countries
Source: Screen Australia.
According to Screen Digest, the number of films produced globally fell by 3 per cent in 2008, the first annual decline for five years. US output fell even more sharply, down 21 per cent, from 656 to 520 titles. In contrast, India recorded a 14 per cent increase to 1,325 titles. Australia also saw a rise, producing 34 titles compared to 30 the previous year, and moving up the global rankings to number 24.
Although India leads the world in the number of films produced and released, the US still accounts for over half of the world's investment in film production and has the highest domestic box office share (97 per cent).
Top 50 countries ranked by number of feature films produced.
Top 20 countries ranked by production investment
Top 20 countries by number of number of films released
Domestic box office share of selected countries
Source: Screen Australia.
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