06.02.2020 - 13:51 / variety.com
The median average budget of a European theatrical fiction film stands at €2.01 million ($2.2 million), according to new research from the European Audiovisual Observatory (EAO).
Based on an analysis of 576 European live-action films from 2017 with a combined budget of €1.85 billion ($2.03 billion), the report also found that the two largest financing sources were direct public funding and broadcaster investments, representing 26% and 24% of total financing respectively.
The report calculated