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Why European Cinema Is on a Critical High, But Also a Commercial Low
The Hollywood ReporterStory by Scott Roxborough
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Despite critical acclaim, European cinema faces a commercial slump as Hollywood and Asian films dominate global box office, challenging the industry to adapt to a changing digital landscape.
beat sheet
- European films accounted for just 6% of worldwide ticket sales in 2023, with the U.S. and China capturing 56% and 26% respectively, signaling a worrying decline in European cinema's global reach.
- The lack of European blockbusters - defined as films selling over 1 million tickets - is a major issue, with a 43% drop compared to pre-pandemic years, highlighting the need for more coordinated pan-European releases to compete in the digital era.
call sheet
Jacques Audiard, Edward Berger, Coralie Fargeat, Steve McQueen, Tim Fehlbaum, Pablo Almodovar, Olivier Megaton, Paul King, Luc Besson, Ruben Östlund, Justine Triet, European Audiovisual Observatory, European Film Academy, Emilia Pérez, Conclave, The Substance, Blitz, September 5, The Room Next Door, Taken 3, Paddington, Valerian and the City of a Thousand Planets, Paddington 2, The Triangle of Sadness, Anatomy of a Fall