The cumulative gross box office of the film industry in the EU member states topped the EUR 7 billion benchmark once again, reaching an estimated EUR 7.02 bn last year, according to last week’s report by European Audiovisual Observatory.
While dropping 0.3% on the previous year, the figure is the third highest level ever recorded in the EU, the report said.
Although not a member of European Union, Russia became the largest film market in Europe, outstripping France.
EU production levels showed a moderate downturn as the estimated number of the European feature films produced in 2017 dropped from 1 741 to 1 676 (-3.7% down on 2016), reversing a long-established growth trend.
According to the Observatory, Russian movie theaters sold 212.2 million tickets in 2017, which is 2.8 million more than in France, which ranks second in the rating.
The number of admissions (tickets sold) in Russia for the period increased by 10%.
In terms of admissions, the most popular European film in the European Union in 2017 was Christopher Nolan’s Dunkirk, a joint GB/US production (over 17 million). It was well behind Despicable Me 3 with almost 30 million admissions.
Set up in December 1992, the European Audiovisual Observatory’s mission is to gather and distribute information on the audiovisual industry in Europe. The Observatory is a member of the European Union, represented by the European Commission.