LONDON — Market share for local films in the European Union jumped to 31.1% last year, up from 22.8% in 2000, while Hollywood films’ share fell to 65.2%, the lowest in five years, according to figures published by the European Audiovisual Observatory.
Cinema admissions grew 9.4% to 920 million across the 15 EU countries, while film production increased by 5%.
Germany saw the strongest growth in attendance — 16.7% — followed by Denmark (11.5%) and France (11.4%). Only Finland registered a significant decline, down 8.5%.
Bigger piece of pie
Local films in their home markets took a boffo 25.5% of admissions, compared with 15% in 2000. European movies edged up their take of ticket sales outside their home territories to 9%, vs. 8.5% the previous year. The charge was led by “Bridget Jones’s Diary” and “Amelie.”
On the production front, 625 European films were lensed in 2001, up from 595 in 2000. The biggest growth came in France, where 172 films were produced against 145 the previous year.
Production costs also rose. British films have the highest average budget, up to $8.5 million in 2001 from $7 million in 2000. Italian costs grew by 29% to $2.6 million. In France, by contrast, budgets dropped 6% to $3.9 million.