"Asterix" returns to the big screen Wednesday as France tries to match Hollywood by weaponising nostalgia in the battle for box office success.

Critics may bemoan the crushing lack of originality in Hollywood in recent years, as risk-averse studios fall back on their catalogue of familiar superhero and sci-fi franchises.

But there is no doubting that it works: the top 10 of almost every country's box office last year comprised nothing but Hollywood sequels, reboots and video game adaptations.

That is particularly frustrating for France, where ministers wonder whether they are getting a return on vast state subsidies lavished on the film industry.

Roselyne Bachelot, culture minister from 2020 to 2022, was scathing about her country's filmmakers in a recent book.

"Direct subsidies, advances on receipts, tax exemptions... have created a protected industry which not only doesn't care much about audiences' tastes but even expresses contempt for 'mainstream' and profitable films," she wrote.

Paris-based Pathe wants to be an exception, not least because it also runs a large chain of cinemas.

Borrowing from the Hollywood playbook, it has thrown large budgets at "Asterix and Obelix: The Middle Kingdom", and "The Three Musketeers" which follows in its wake.

A reworking of "The Count of Monte Cristo" and a Charles de Gaulle biopic are also in the pipeline.

Pathe president Ardavan Safaee told AFP last year that the French system of producing hundreds of small, arty films "isn't viable in the long-term" and that France needs "more spectacular" fare to compete with Hollywood blockbusters and streaming platforms.

'The joy, the celebration'

The strategy will likely work at home: the four previous live-action Asterix movies (between 1999 and 2012) sold some 35 million tickets in France and almost the same again around Europe.

The latest takes no chances, with popular stars (including Marion Cotillard and Vincent Cassel as Cleopatra and Julius Caesar) alongside cameos from rappers, YouTubers and even footballer Zlatan Ibrahimovic designed to tempt younger viewers back to cinemas.

"Big films like this represent the joy, the celebration of making cinema in a very free and very broad way," said Gilles Lellouche, who inherits the large britches of Obelix from previous star Gerard Depardieu.

Outside Europe, the prospects are less clear.

The makers had hoped for success in China, where the film is set. Director Guillaume Canet (who also stars as Asterix) travelled with President Emmanuel Macron to Beijing in 2019 to win the right to film on the Great Wall. But the pandemic ultimately scuppered the plan, and the film has yet to find a Chinese distributor.

Britain and the United States are also tricky markets since audiences are unaccustomed to dubbed or subtitled family fare.

It has been more than a decade since "The Artist" and "The Intouchables" broke records abroad. But despite occasional blockbusters like "Lucy" and "Valerian and the City of a Thousand Planets" from Luc Besson, overseas ticket sales have been on a downward trend.

That could change. It's no surprise that "Asterix" is being released on Netflix in the US -- the streamer has done much to overcome traditional American aversion to subtitles with hit foreign shows, including France's "Lupin" and "Call My Agent".

"The time is right for updates of 'The Three Musketeers' and 'Asterix' to find success in America where fans are hungry for movies and shows with diverse and exciting points of view," said Paul Dergarabedian, of US media analysts Comscore.