East of Madrid is booming, West is in decline.
More accurately the line should be in Lagos but many are more familiar with EU film production centres.
But the EU is "the west". Europe is where "the West" started. It's bizarre you would group EU with the middle east and far east rather than with the US.
Your comments make no sense. India, China, Nigeria, etc may have their own film productions, but they all watch american films. But that's not true of indian, chinese, nigerian films which are consumed locally. Beyond film production, what is india, china or nigeria's equivalent to netflix or hulu or amazon prime?