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

Discover more

Food packaging with "Notpla Coating" is pictured at Notpla.

Could seaweed replace plastic packaging?

Companies are experimenting with new ways to reduce plastic waste

A sequoiq tree with a metal detector scanning around the Silicon valley and California.

Has Sequoia Capital outgrown its business model?

Venture capital’s hardiest perennial gets back to its roots


A man cutting the red tape that tiies him.

On stupid rules and quick wins

Why every boss can benefit from asking employees what most infuriates them


TikTok wants Western consumers to shop like the Chinese

It still has some convincing to do

Will the trouble ever end for Volkswagen and its rivals?

From strikes to Trump tariffs, calamities abound

After Northvolt’s failure, who will make Europe’s EV batteries?

The continent looks ever more reliant on Asian producers