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Spain’s balance of payments is one of Europe’s worst. Film reflects only a somewhat better picture.

Per the Intl. Film & Television Alliance (IFTA), an association of most top international sales agents, Spain repped $261.2 million of members’ business in 2005. Factoring out French-speaking Belgium and the Republic of Ireland, these figures better France and are on a par with the U.K.

For indies, Spain — and not many people realize this — is probably the joint-fourth biggest film market in the world (trailing just the U.S., Japan and Germany).

As a pic producer, it bids to become the most prolific in Europe. Some 150 films were produced in 2006, thanks to fractionalized subsidies (capped at $1.3 million per film) and a vibrant docu-feature production scene, with 197 Spanish feature shoots last year, Spain could well overtake France (203 productions in 2006) as the country that makes most films in Europe.

But pic production investment lags behind, totaling some $477.9 million from Spain last year. Way down on the U.K. and France and, if the latest estimations are to be believed, Germany. But the trio are far larger economic powers: Judged by GDP, Spanish movie investment holds roughly according to national weight.

ADMISSIONS

2003 2004 2005 2006 change†

France 173.5 194.8 175.6 188.5 +7.5%

U.K. 168.9 171.3 164.7 156.6 -4.9%

Germany 149.0 156.7 127.3 136.7 +7%

Spain 137.5 143.9 126.0 121.65 -3.5%

Italy 87.5 97.9 90.5 92.1 +1.7%*

(figures in millions)

NATIONAL PIC MARKET SHARE

2003 2004 2005 2006

France 34.9% 38.6% 36.8% 45.0%

U.K. 16% 23% 34% 19.0%

Germany 17.5% 23.8% 17.1% 25.8%

Italy 21.8% 20.3% 24.7% 24.8%

Spain 15.8% 13.4% 16.7% 15.5%

GROSS DOMESTIC PRODUCT

Germany $3.28 trillion

U.K. $2.57 trillion

France $2.52 trillion

Italy $2.09 trillion

Spain $1.41 trillion

2006 BOX OFFICE

U.K. $1.64 billion

France $1.50 billion

Germany $1.09 billion

Spain $854.0 million

Italy $733.5 million*

HIGHEST-GROSSING PIC, 2006

U.K. “Casino Royale” $97.8 million

France “Les Bronzes 3” $82.3 million

Germany “Perfume” $51.6 million

Italy “My Best Enemy” $25.0 million

Spain “Alatriste” $22.1 million

FILMS PRODUCED

(including co-productions)

2004 2005 2006

France 203 240 203

Germany 121 46 174

Spain 133 142 150

U.K. 133 124 134

Italy 134 98 116

INT’L CO-PRODUCTIONS

2004 2005 2006

France 71 114 76

U.K. 89 68 59

Germany 27 43 45

Spain 41 53 41

Italy 38 30 26

SALES BY IFTA MEMBERS

Germany $493.5 million

U.K., including Ireland $272.8 million

France, including

French Belgium $272.8 million

Spain $261.2 million

Italy $258.4 million

TOTAL FILM PRODUCTION

INVESTMENT FROM LOCAL COUNTRY, 2006

U.K. $1.65 billion

(including inward investment)

France $1.12 billion

Germany $604.1 million

Spain $477.9 million

Italy $345.4 million

STATE AID 2006

France TBC

U.K. $254.1 million

Germany $187.9.3 million

(FFA, regional funds)

Spain $107.4 million

(ICAA Film Protection Fund production funding, regional film aid)

Italy $64.25 million

TV FINANCING 2006

France $353.8 million

Spain $135.4 million (2005)

U.K. $39.4 million (BBC, Channel 4 )

Italy $150 million

Germany $46.4 million (ZDF)

AVERAGE BUDGET 2006

U.K. $12.3 million

France $7.0 million

Germany $3.5 million

Spain $3.2 million

(average Spanish investment)

Italy $2.8 million

(totally Italian film)

$1 = x1.34236 = £0.5076

*reps around 85% of screens

†compares 2005 to 2006

Source: ICAA, U.K. Film Council, CNC, FFA, Anica, European Audiovisual Observatory, Nielsen EDI, the Economist

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