Film industry, one of the core cultural industries, is accepted as the driver of local economic development for cosmopolitan cities. This research explores the different forms of global integration of film industry, together with artistic and economic performance factors contributing its development. Istanbul film industry aims to become one of the central nodes in global network by controlling the flow of the cultural products in the process of economic transformation. In this context, the position and competitiveness of Istanbul film industry in the global film market are evaluated.