AMERICA’S POSITION IN FILM INDUSTRY.

Star (Christchurch), Volume XLIV, Issue 145, 20 June 1931, Page 25 (Supplement)

AMERICA’S POSITION IN FILM INDUSTRY.

Remarkable figures disclosing the position which the American film industry holds in the cinema world have just been published in the yearly statement of the Association of Motion Picture Producers of America. According to this statement; The estimated capital invested in the world cinema industry is £500,000,000, of which the approximate capital in America is £400,000,000. The United States produces 95 per cent of the world’s supply of pictures, and the picture industry is the fourth largest of all industries in America.

Capital in Coast (Hollywood and district) Studio Projectries is £16,000,000, and the estimated American production schedule for the current year is £40,000,000. The number of people employed in the film industry in America totals 375,000. About 25,000 miles of film pass through the American film exchanges each day; 15,000 picture advertisements are placed daily in various media, and the annual cost of motion picture publicity is £20,000,000. The weekly picture attendance in the United States is 115,000,000, out of a world total of 250,000,000. Gross takings in American cinemas yearly are £312,000,000.