The United States, anchored by the global economic and cultural powerhouse of Hollywood, historically and currently holds the number one spot in the worldwide commercial movie industry. Hollywood produces thousands of major feature films annually, commands the largest global box office revenues, and dictates international distribution networks. However, other nations also dominate massive regional markets; for instance, India's Bollywood and regional film industries lead globally in sheer ticket sales and volume of films produced, while countries like China and South Korea boast massive domestic box office markets and critically acclaimed cultural exports.