China Is Now the Number One International Market for European Films

North American cinema goers have long been the primary foreign audience for European movies — hardly surprising given the long tradition of European influence on Hollywood, and vice versa. But, according to a study released Monday by the European Audiovisual Observatory, more people in China are paying to watch European movies than they are in the U.S.

Lower ticket prices in China compared to the U.S. and Canada meant that North America is still the most lucrative market for European movies, accounting for 41 percent of the $587 million in box office that European films earned outside Europe in 2017. Overall, the global audience for European movies has been growing steadily, increasing on average by 10 percent per year for each of the five years to 2017, the EAO found.

Be careful what you wish for

China is the best trader of all the time

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Trade friction hits stocks, yuan slumps to lowest in over a decadeChina’s yuan falls below the key level of seven per dollar as emerging market currencies soften broadly over Beijing-Washington trade war woes
Fuente: trtworld - 🏆 101. / 63 Leer más »

European stocks seen sharply lower as trade tensions mountEuropean stocks were seen tumbling Monday morning as a rapid escalation of U.S.-China trade tensions continues to spook investors worldwide. Is Trump warning people about these tariffs so they can play the market? Then he rescinds his decision again and the Market swings the other way? Curious and Curiouser...
Fuente: CNBC - 🏆 12. / 72 Leer más »