In the depression-struck U.S., film was the tenth most profitable industry, and in 1930s France it was the fastest-growing industry, followed by paper and electricity, while in Britain the number of cinema-tickets sold rose to almost one billion a year (Bakker 2001b). In Italy, today hardly significant in international entertainment, the film industry was the fourth-largest export industry before the First World War. From the 1910s onwards, each year billions of cinema-tickets were sold and consumers who did not regularly visit the cinema became a minority. As the first form of industrialized mass-entertainment, it was all-pervasive. Like other major innovations such as the automobile, electricity, chemicals and the airplane, cinema emerged in most Western countries at the same time. Gerben Bakker, University of Essex Introduction ![]() The Economic History of the International Film Industry
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