|Hollywood earned about as much as the “top 9 movie industries combined.” / Photo by Alexander Podshivalov via 123rf|
As the biggest provider of entertainment to many people around the world, the film industry is filled with many talented people—writers, directors, actors, producers, editors, cameramen, and everyone in between—who work together to make sure they bring quality content to their audiences. Some of these industries do better than others but each one of them has their own unique gifts to offer.
The United States and Canada
When it comes to quantifying which film industry does the best in the industry as a whole, the US and Canada sit cushy at the top with $11.4 billion in profits in 2016 alone. According to World Atlas, a website resource for educators and students across the world by hosting a wide database of maps, tables, and charts complete with lesson plans, the US and Canada film industry continues to be the “most profitable industry in the world.”
If you need further evidence of that, online publishing platform Medium says Hollywood earned about as much as the “top 9 movie industries combined.”
Following closely behind is China, which has recently had thriving success with their animated movie investments. They were able to make $6.78 billion dollars in 2016, reports Medium, and since then has achieved an annual average growth estimated at 35 percent. Back in 2015, it even spiked up to 48 percent. Undeniably, the biggest cash-in they ever had was in 2017, during which they amassed $8.59 billion, according to Tufilamu Pictures, a website aiming to bring accurate, relevant, and cutting-edge stories from Kenya and Africa.
Occupying the third spot is the United Kingdom film industry with its $6.5 billion 2016 profit, which is definitely a tremendous success for the country. It means that the government’s investment in the film industry is bearing fruit. According to World Atlas, this thrust has helped the UK film industry, “receiving a massive boost from the government, which includes reduction of taxes on film production through tax reliefs.”
Another major player in the film industry in Asia is Japan, which posted a total box office revenue in 2015 of $1.8 billion. The year after that, the Japanese film industry managed to raise it to $2 billion.
Japan may be second to China’s impressive 40,000 movie catalog wherein most of the films, they’ve worked with Western producers and studios. The Japanese film industry, however, seems to be following a very fruitful path to recognition, especially since the industry looks to be determined to turn things around in their productions.
If it’s all about quantity, then it’s India that is “the largest producer of films.” Clearly, it has paid off as the industry generated $1.9 billion from its many movies. The amazing thing about Bollywood (the unofficial name of Hindu cinema), is that it doesn’t matter that much to them what they are releasing, only that they are releasing something.
A report by Medium stated that India actually produces about 1,200 films per year. In 2013, they even exceeded that film count by reaching a total of 1,400 movies, Tufilamu Pictures reported. That’s a lot of movies!
Although they are most known for their K-pop and K-drama entertainment exports, they actually do pretty well in the world of cinema too. Since its beginning in 1945, the South Korea film industry has “become one of the most influential movie industries” in the world with their imaginative takes on horror, for instance, and a tender and insightful exploration of romantic themes in many of their movies and shows, Medium reported.
|The French film industry has secured itself the seventh spot in this list. / Photo by Andrea De Martin via 123rf|
With its penchant for producing arthouse movies, the French film industry has secured itself the seventh spot in this list. It is actually one of the oldest film industries in the world. Unsurprisingly, France even credits itself as the one that invented the concept of cinema, stated British news source The Guardian writer Andrew Pulver.
Pulver said many film historians concurred with this claim because of the film, “The Arrival of a Train at La Ciotat Station,” which lasted all of 50 seconds and was created by the Lumière brothers in 1895, which is the same date French cinema is said to have begun.
Germany’s film industry, too, was believed to have begun in 1895 when German directors started releasing the early short movie format. Since then, it has grown into a $1.3 billion industry and is currently one of the biggest in the world.
German cinema is best known for its brand of German expressionism which, according to the British Film Institute, is “one of the most recognizable styles of silent cinema.” BFI defines this particular brand of expressionism as “an artistic mode that first appeared in poetry and the visual arts at the beginning of the 20th century before moving into fields such as theatre, architecture, and cinema following the First World War.”