Pencil abstract drawn by European in place of pictures? (8)

I believe the answer is:

cineplex

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'european in place of pictures?' is the definition.
I know nothing about this answer so I cannot tell whether this works.

'pencil abstract drawn' is the wordplay.
'abstract' is an anagram indicator.
'drawn' becomes 'ex' (I can't justify this - if you can you should give a lot more credence to this answer).
'pencil' with letters rearranged gives 'cinepl'.
'cinepl'+'ex'='CINEPLEX'

'by' acts as a link.

Can you help me to learn more?

I've seen this clue in The Telegraph.

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