During the First World War, the film industry of the major European countries experienced a lasting crisis, which necessitated significant restructuring and prompted appeals for state intervention to counterbalance the invasion of American films. As the extent of this crisis did not affect all...

Using a home market model of international trade in media products, this paper reports an empirical study that relates trends in theater box-office market shares to consumer spending on movies in the U.S., Japan, Germany, Italy, France, and the U.K since the 1950s. We find a significantly...