A film or a movie is formally referred to as a motion picture. It is created by projecting sequenced moving images with an optical illusion effect onto a screen. The film industry primarily consists of establishments engaged in the production and distribution of motion pictures and other forms of videos.
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The film and video market is valued at $338 billion in 2017 due to easy accessibility. Mobile video viewing has increased significantly due to the increase in internet use.
North America was the largest region market in 2017, accounting for nearly half of the market share.
The USA was the largest country in the film and video market in 2017, accounting for over two-fifth of the market share. The USA was followed by UK and France.
The top five competitors of the market are Time Warner, CBS Corporation, Sony, Walt Disney, and Twenty First Century Fox. Time Warner was the biggest player in the market in 2017. It classifies its businesses into three divisions: Turner Broadcasting System, Inc. (Turner), Home Box Office, Inc. (Home Box Office) and Warner Bros. Entertainment Inc. It is based in Delaware.
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