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This is a Quantitative Study study.

Socioeconomic factors of national representation in the global film festival circuit: skewed toward the large and wealthy, but small countries can beat the odds

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Films from large affluent countries dominate the festival screen, and the bias is significant but not absolute.
Over 20,000 unique films from nearly 600 festivals were analyzed using data from the Cannes Film Market’s Cinando platform.
Computational simulations highlight how films from smaller countries enhance cultural diversity and reveal differences in cultural trade dynamics.
The findings emphasize the need for increased representation and the benefits of fostering a more diverse cultural landscape.

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This analysis reveals how economic and demographic factors influence representation in film festivals, indicating cultural diversity matters.

Karjus et al. (2025) studied this question.

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This analysis reveals how economic and demographic factors influence representation in film festivals, indicating cultural diversity matters.