Outside L.A., a Global Bubble Bursts

Film and TV production surged around the world in the last decade, peaked in 2021-22, and then collapsed. The UK has rebounded, but remains well below the peak. (In millions of U.S. dollars.)

Chart: Gene Maddaus Source: British Film Institute, Canadian Media Producers Association, Georgia Department of Economic Development, Screen Australia, National Film Institute Hungary, Screen Ireland.
Except Georgia, figures reflect foreign investment. In 2024 U.S. dollars.