Monday, February 17, 2020

The Average Budget of a European Film is $2.2 Million

The average mean budget of a European film was $3.53 million. However, the median figure of $2.2 million is more representative for the majority of European films. Average budgets differed widely among countries, and were higher in larger markets and lower in countries with lower box-office potential, as exploitation in national markets remains key for most films.

Based on an analysis of over 500 European live-action films from 2017 with a combined budget of $2.03 billion, the two largest financing sources were direct public funding and broadcaster investments, representing 26% and 24% of total financing respectively.

The median budget of a film originating in the larger markets of France, Germany, Italy, Poland or the U.K. was $3.5 million in 2017 compared to $1.64 million for a medium-sized European market and $1.0 million for small markets.

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