Business

Home alone in Europe

|

THERE was a time, back in the 1970s, when Europeans went to the cinema more often than Americans. No more. On average, Europeans now go to the cinema less than twice a year, compared with just under five times in the United States. And, when they do go, they are far more likely to see the output of Hollywood than of their local industry. In France, American films now account for 60% of box-office revenues; in Britain, for an astonishing 95%. In real terms, the European industry is a mere ninth of the size it was at the end of the second world war. Where has it gone wrong?

This article appeared in the Business section of the print edition under the headline “Home alone in Europe”

Saddam's last victory

From the March 22nd 1997 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Business

Protesters in favour of TikTok stand outside the United States Capitol.

TikTok’s time is up. Can Donald Trump save it?

The imperilled app hopes for help from an old foe

A tattooed man punches a large head, with motion lines and stars showing impact. He wears orange shorts.

The UFC, Dana White and the rise of bloodsport entertainment

There is more to the mixed-martial-arts impresario than his friendship with Donald Trump


A billboard welcoming the American electric car maker Tesla, in Monterrey, Mexico

Will Elon Musk scrap his plan to invest in a gigafactory in Mexico?

Donald Trump’s return to the White House may have changed Tesla’s plans


Germany is going nuts for Dubai chocolate

Will the hype last?

The year ahead: a message from the CEO

From the desk of Stew Pidd

One of the biggest energy IPOs in a decade could be around the corner

Venture Global, a large American gas exporter, is going public