Between 2001 and 2012, admissions figures dropped from 146.8 to 94.2 million, with a loss of 4 million more spectators between 2011 and 2012. Box office revenues also dropped, despite increases to the average ticket price. This phenomenon can be explained by several factors: the arrival of the Internet, P2P, downloading (in particular illegal downloading), home cinema, spectator habits, the economic crisis, along with the lack of interest in cinema demonstrated by television channels. Added to all these key elements is a step taken by the Spanish Minister of Finance, who decided to increase the VAT on movie tickets from 8% to 21% from September 2012. In the Euro zone the VAT is 10.1% and 7% in France.
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