Topic: Movie studios in the U.S. & Canada (2024)

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    • While Hollywood's mediascape may seem the same on the surface, its tectonic plates continue to move and lead to seismic shifts in the film studio segment in the United States and Canada, collectively known as the North American movie market. At first glance, the hegemony of the "Big Five" – Disney, Paramount, Sony, Universal, and Warner Bros. – remains unchallenged. Between 2006 and 2021, their combined market share in the two countries oscillated between 74 and 84 percent. But in the latter year, MGM's annual box office gross surpassed Paramount's by around 16 percent. More changes followed. In early 2022, Amazon bought MGM (along with its subsidiaries, notably United Artists) for about 8.5 billion U.S. dollars, announcing that it became part of its Prime Video streaming service and Amazon Studios. A stronger focus on video-on-demand (VOD), arguably accelerated by the pandemic, might help to explain the industry's hesitation to release movies in theaters. The number of film premieres increased by 21 percent in 2021 but still accounted for little more than half of the average seen prior to the coronavirus outbreak.

    A whole new world order

    Another merger shortly before the pandemic also altered the cinema business in North America. After Disney acquired 20th Century Fox (now 20th Century Studios) along with its subsidiary Searchlight, their number of wide theatrical releases plummeted. Both companies launched a total of 21 feature films across multiple cinemas in the U.S. and Canada throughout 2019. In the three following years, their combined annual average stood below 12. Disney's box office gross in the North American market in 2021 amounted to 1.17 billion dollars, less than one-third of its 2019 revenue, which still excluded 20th Century. Meanwhile, the holding's newest outlet for audiovisual productions continued to rise. The average monthly revenue per Disney+ subscriber worldwide grew by nine percent in the first half of 2022 compared to the same period of 2021.

    A solid silver medal

    Whereas 2020 was a game-changing year for the industry, with Sony ranking first by market share for the first time in almost a decade, the studio kept a robust second place afterward. Despite Disney's recovery and eventual conquering of the coveted first place, Sony's box office market share in the U.S. and Canada slightly increased, remaining above 20 percent for the second consecutive year. That was the first time the studio held such a high percentage in the 21st century. Furthermore, Sony's box office revenue has caught up faster than the North American average. In 2021, the figure stood at 1.06 billion dollars, amounting to nearly 80 percent of the result recorded in 2019.

    This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.

    Published by Statista Research Department, Feb 29, 2024

    Key insights

    Top studios by box office revenue in the U.S. & Canada
    Disney & Sony

    Topic: Movie studios in the U.S. & Canada (2)

    Detailed statistics

    Box office revenue of top film studios in the U.S. & Canada in 2021

    Combined market share of the "Big Five" in the U.S. & Canada
    81%

    Topic: Movie studios in the U.S. & Canada (3)

    Detailed statistics

    Combined market share of major film distributors in the U.S. & Canada 2000-2022

    Annual number of movies released in the U.S. & Canada
    449

    Topic: Movie studios in the U.S. & Canada (4)

    Detailed statistics

    Movie releases in the U.S. & Canada 2000-2022

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    Overview

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    Topic: Movie studios in the U.S. & Canada (2024)

    FAQs

    What movie studios are in Canada? ›

    Pages in category "Canadian film studios"
    • CFB Calgary.
    • Canada Saskatchewan Production Studios.
    • Canadian Motion Picture Park Studios.
    • Cinespace Film Studios.

    Find Out More ›
    What are the major film studios in the US? ›

    Today, the Big Five majors – Universal Pictures, Paramount Pictures, Warner Bros., Walt Disney Studios, and Sony Pictures – routinely distribute hundreds of films every year into all significant international markets (that is, where discretionary income is high enough for consumers to afford to watch films).

    Read More ›
    Why do studios film in Canada? ›

    There are several reasons that movies and TV are filmed in Canada. These include saving money because of government providing tax incentives for filming, and the diverse locations and landscapes valuable to use as settings.

    See More ›
    How can movie studios generate a profit besides ticket sales in the US? ›

    The film industry is in flux, and ticket sales alone don't drive revenue. There's merchandising, VOD, streaming video, foreign sales, and a plethora of other distribution channels that can help filmmakers, producers, and studios turn a profit.

    View More ›
    Where are movies made in Canada? ›

    Popular Canadian Filming Locations
    • Toronto. The city is often a stand-in for New York, and it's often much easier to film here than in the Big Apple. ...
    • Vancouver. Vancouver has been the setting for major productions such as Fifty Shades of Grey, The Cabin in the Woods, and Twilight movies. ...
    • Niagara Falls. ...
    • The Canadian Rockies.

    Show Me More ›
    Where is the biggest film industry in Canada? ›

    Vancouver is a prime Canadian film epicenter. Hollywood productions provide jobs for over 65,000 individuals in the city. Notably, over 80% of production is centered around Vancouver's urban landscape.

    Continue Reading ›
    What are the top 3 movie studios? ›

    10 Of The Best Movie Studios
    • Best Movie Studios – Sony Pictures. Sony Pictures is a subsidiary of Sony Entertainment Inc. ...
    • MGM Studios. ...
    • Universal Pictures. ...
    • Best Movie Studios – 20th Century Studios.

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    What is the largest movie studio in the US? ›

    The largest film studio in the US is Columbia Pictures, with a revenue of $88.30 billion. As of 2022, the US film industry has a market size of $95.45 billion. As of 2022, there are 4,912 film studios in the US.

    Show Me More ›
    What is the biggest movie studio in the world? ›

    Ramoji Film City is an integrated film studio facility located in Abdullahpurmet, Hyderabad, India. Spread over 1,666 acres (674 ha), it is the largest film studio complex in the world and as such has been certified by the Guinness World Records.

    Get More Info ›
    Why do Americans film in Canada? ›

    It's cheaper for production companies to film in Canada. They use Canada's largest cities—like Toronto, Vancouver and Montreal—as stand-ins for U.S. cities like New York, Philadelphia and the like. There are a few reasons why some American TV shows and movies are filmed in Canada: Cost: One of the main reasons is cost.

    Tell Me More ›

    What are the benefits of filming in Canada? ›

    Good infrastructure: Canada has a well-developed film industry infrastructure, including production companies, studios, and post-production facilities. Positive working environment: Canada is known for its welcoming and safe working environment, which can be attractive to filmmakers and production companies.

    Learn More Now ›
    Why is it important for Canada to have its own film industry? ›

    Our industry supports over 240,000 jobs in Canada and contributes $11.22 billion in labour income for Canadians. The stories of the film and television industry are enjoyed by audiences around the world, accounting for a GDP of $13.73 billion for the Canadian economy.

    Learn More Now ›
    How do movie studios make money? ›

    The film industry is in flux, and ticket sales alone don't drive revenue. There's merchandising, VOD and streaming-on-demand sales, foreign sales and a plethora of other distribution channels that can help filmmakers, producers and studios turn a profit.

    Get More Info ›
    What are three ways movie studios make money? ›

    Film production companies primarily earn money through box office sales, distribution deals, and licensing for various media platforms, such as television or streaming services. They may also generate income through product placements within their films and from international sales to foreign markets.

    Find Out More ›
    Who gives money for a movie? ›

    Until then, the financing is up to the producer, who must pay any additional costs if the film goes over-budget. Generally, a producer will have a bank/lender lend against the value of the negative pickup contract as a way to shore up their financing package of the film.

    Find Out More ›
    Is there a film industry in Canada? ›

    Ontario is considered the central seat of Canada's film industry and is home to one of the largest film festivals in the world, the Toronto International Film Festival (TIFF). Toronto is one of North America's top five largest film industries and is home to Canada's most prominent production houses.

    Know More ›
    Does Canada have a version of Hollywood? ›

    Hollywood North is a colloquialism used to describe film production industries and/or film locations north of its namesake, Hollywood, California. The term has been applied principally to the film industry in Canada, specifically to the cities Toronto and Vancouver.

    Discover More ›
    What animation studios are in Canada? ›

    List of the Top Canada 3D Animation Studios
    • VCM Interactive Inc. Video Production | 3D Animation | Motion Graphics. ...
    • Triface International. Beyond Boundaries. ...
    • Casual. Breakthrough, Connect, Energize. ...
    • Cloud Animations. ...
    • Gardner Productions. ...
    • Signature Video Group. ...
    • Need help selecting a company? ...
    • Signature Video Group.
    More items...

    Get More Info ›
    What are the top film studios in Canada? ›

    Some of the top film production companies in Canada include Entertainment One, Bell Media, Corus Entertainment, CBC/Radio-Canada, and Alliance Films. These companies work with talented directors, writers, and actors to produce diverse content that ranges from dramas to comedies, documentaries, and animation.

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