Films Now World’s 4th Largest Industry
Barely fifty years old, the film industry serves a weekly international Audience of 350,000,000 people; in New Zealand its product is screened in no less than 542 licensed cinemas, and yearly paid admissions are rapidly approaching forty millions, writes “Moviepla” in “Freedom.” Studios make some 400 feature films—costing an average of £220,000 each—every twelve months, and the production, distribution and exhibition of motion pictures constitute the world’s fourth largest industry.
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https://paperspast.natlib.govt.nz/newspapers/BPB19490119.2.10
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Bay of Plenty Beacon, Volume 13, Issue 43, 19 January 1949, Page 4
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76Films Now World’s 4th Largest Industry Bay of Plenty Beacon, Volume 13, Issue 43, 19 January 1949, Page 4
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