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In page Cinema of Germany:

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In the late 1950s, the growth in cinema attendance of the preceding decade first stagnated and then went into freefall throughout the 1960s. By 1969 West German cinema attendance at 172.2 million visits per year was less than a quarter of its 1956 post-war peak.[1] As a consequence of this, numerous German production and distribution companies went out of business in the 1950s and 1960s and cinemas across the Federal Republic closed their doors; the number of screens in West Germany almost halved between the beginning and the end of the decade.[citation needed]