7Globalization of the Business
Summary—The recent globalization of the movie business is discussed in detail. The growing role of China is analyzed and the Indian film industry is contrasted with the Chinese. Other countries’ film industries are discussed, including how countries support their local film industries. Particular attention is paid to France’s and Canada’s approaches to nurturing their indigenous industries. The value and importance of co-production treaties is stressed as is the ongoing challenge of addressing worldwide piracy. Finally, the emergence of Netflix and Amazon as major players in the international marketplace is highlighted.
Arguably, filmed entertainment, including both films and television, is the leading export ...
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