Meaning of the word "film industry" in English

What does "film industry" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

film industry

US /ˈfɪlm ˈɪndəstri/
UK /ˈfɪlm ˈɪndəstri/

Noun

the commercial organizations involved in the production, distribution, and exhibition of movies

Example:
Hollywood is the heart of the American film industry.
The local government is investing in the growth of the regional film industry.