Japanese Film Industry Thrives Despite Lack Of International Cachet

“Japan doesn’t seem that phased by its lack of clout. Inside its borders, it’s getting on perfectly fine: it’s still (just) the second-largest film market in the world, buoyed by the teeming V-cinema circuit. The industry is in a far healthier state in the early 90s, when its own studio system, undermined by VHS and US imports, was teetering on the brink.”