Mar 25, 2026 2:32am PT

Streaming Subscriptions, Pay-TV, Theatrical Box Office and Home Video Drive European Audiovisual Industry Revenue to $165 Billion

The European Audiovisual Observatory's latest data shows film production at record high in Europe as Netflix, YouTube and Meta move into leading positions across the region.

Ed Meza

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Ed Meza

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'One Piece' is currently the top Netflix show in Germany.

Courtesy of Netflix

Europe’s audiovisual sector generated some €142 billion ($164.7 billion) in revenues in 2024, driven largely by consumer spending, which accounted for more than 50% (€72 billion) via streaming subscriptions, pay-TV, cinema tickets and home video, making it the primary engine of growth.

The European Audiovisual Observatory presented the latest data from the film and TV sector in its newly published Key Trends 2026 report on Wednesday, offering a snapshot of how the European audiovisual sector is evolving, from the creative workforce and production trends to changing viewing habits, market dynamics and global competition.