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Struggling European Films Rely on Domestic Market for Survival

Exploring the European Film Market Trends in 2023

The European film industry has been experiencing significant shifts in recent years, with a focus on local markets and emerging trends. The European Audiovisual Observatory’s latest report, “Made in Europe: theatrical distribution of European films across the globe 2014-2023,” provides valuable insights into the performance and availability of European films both domestically and internationally. Let’s delve into the key findings of this comprehensive study.

Main Points of the Report:

1. The number of European films available in cinemas worldwide has been steadily increasing over the past decade, reaching over 3,300 films in 2023.

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2. Despite a decrease in attendance for European films, the global share of European films has remained relatively stable, fluctuating between 5% and 10% over the last 10 years.

3. National cinema visits account for a growing percentage of the total share of European films, at the expense of exports. In 2023, 68% of cinema visits for European films occurred in their country of origin.

4. Non-European markets are contributing less to the export of European films, with a significant decline in North America and Asia.

5. French films stand out as the most successful European films, comprising 20% of European film titles and 33% of cinema visits for European films between 2014 and 2023.

6. The number of European “blockbusters” has decreased, with only 41 films reaching the milestone of over one million tickets sold in 2023.

7. Animation films are performing better internationally than fiction films and documentaries, with half of the top 10 European films in 2023 being animations.

Conclusion:

In conclusion, the European film market is evolving, with a shift towards local audiences and a focus on quality over quantity. While challenges exist, such as the decline in blockbusters, there are opportunities for growth, especially in the animation sector. The future of European cinema looks promising, with a continued emphasis on innovation and storytelling.

FAQs Section:

1. How many European films were available in cinemas worldwide in 2023?

In 2023, over 3,300 European films were available in cinemas worldwide.

2. What percentage of cinema visits for European films occurred in their country of origin in 2023?

68% of cinema visits for European films occurred in their country of origin in 2023.

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3. Which country’s films were the most successful in the European market between 2014 and 2023?

French films were the most successful, comprising 20% of European film titles and 33% of cinema visits for European films during that period.

4. How many European films reached the milestone of over one million tickets sold in 2023?

Only 41 European films reached the milestone of over one million tickets sold in 2023.

5. Which genre of films performed better internationally in 2023?

Animation films performed better internationally in 2023, representing half of the top 10 European films.

6. What is the main trend observed in the European film market in recent years?

The main trend is a shift towards local markets and a focus on quality over quantity in the European film market.

7. Which regions are contributing less to the export of European films?

Non-European markets, particularly North America and Asia, are contributing less to the export of European films.

8. How has the global share of European films fluctuated over the last decade?

The global share of European films has remained relatively stable, fluctuating between 5% and 10% over the last 10 years.

9. What is the outlook for the future of European cinema?

The future of European cinema looks promising, with opportunities for growth, especially in the animation sector, and a continued emphasis on innovation and storytelling.

10. Where can I find the full report by the European Audiovisual Observatory?

You can download the full report “Made in Europe: theatrical distribution of European films across the globe 2014-2023” by the European Audiovisual Observatory here.

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Tags:

European films, Cinema, Market Trends, European Audiovisual Observatory

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