Film industry

The film industry or motion picture industry comprises the technological and commercial institutions of filmmaking, i.e., film production companies, film studios, cinematography, film production, screenwriting, pre-production, post production, film festivals, distribution; and actors, film directors and other film crew personnel.

Though the expense involved in making movies almost immediately led film production to concentrate under the auspices of standing production companies. Advances in affordable film making equipment, and expansion of opportunities to acquire investment capital from outside the film industry itself, have allowed independent film production to evolve. Hollywood is the oldest film industry of the world and the largest in terms of box office gross and number of screens.

Currently, the largest markets by box office are United States, China, United Kingdom, Japan, South Korea and India; and the countries with the largest number of film productions are India, Nigeria, and the United States. Other centers include Hong Kong and in Europe the United Kingdom, France, Italy, Spain, and Germany are the countries that lead movie production. The worldwide theatrical market had a box office of US$38.3 billion in 2015. The top three continents/regions by box office gross were: Asia-Pacific with US$14.1 billion, North America with US$11.1 billion and Europe, the Middle East and North Africa with US$9.7 billion.

Distinct from the centers are the locations where movies are filmed. Because of labor and infrastructure costs, many films are produced in countries other than the one in which the company which pays for the film is located. For example, many U.S. movies are filmed in Canada, many Nigerian movies are filmed in Ghana, while many Indian movies are filmed in the Americas, Europe, Singapore etc.

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