In a statement released at Cannes today, European culture ministers and film industry execs claimed that the web will be a critical component in freeing Hollywood’s grip on their domestic film industries.

–Movie Marketing Blog – Europeans see Web as a Means to Beat Hollywood

Yeah, good luck with that. European cinema has basically evolved over the course of 100 years to fill the niches Hollywood (and, later, American indie film) doesn’t. The only ones competing pound for pound in pure dumb entertainment are Bollywood and Hong Kong. I’d rather Europe kept doing what it’s doing — and that includes funding artsy good movies from the ticket sales of Hollywood schlock.