No fewer than 3,812 full-length movies were submitted to the 2011 Sundance film festival. Yet only 550 films open in American cinemas each year (and most lose money.)
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There were more than 520 films made in China in 2010 — about as many as in America. Only India produces more.
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Netflix accounts for 20% of non-mobile internet traffic in America during the evenings.
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Since 1999, when the file-sharing website Napster appeared, global sales of recorded music have collapsed from $27.3 billion to $15.9 billion.
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China allows only 20 non-Chinese films into its cinemas every year.
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