September 13, 2016
By Haridas K.
U.S. – Motion Picture Association of America (MPAA) has released new statistics on the film and television industry’s economic impact in all 50 U.S. states with the findings, shared by Julia Jenks Vice President, Worldwide Research. It indicates that in total, the film and television industry supports 1.9 million U.S. jobs and $121 billion (€108b) in wages.
Direct industry jobs generated $50 billion in wages, and an average salary 48 per cent higher than the national average. That includes nearly 305,000 jobs in the core business of producing, marketing, manufacturing, and distributing motion pictures and television shows. These are high quality jobs, with a heavily unionised workforce and an average salary of $92,000, 79 per cent higher than the average salary nationwide. Additionally, there were over 348,000 jobs in related businesses that distribute motion pictures and television shows to consumers. The industry’s direct jobs employ more people than utilities, crop production, and metal manufacturing.
While a major private sector employer, the industry is comprised largely of small businesses. Out of nearly 89,000 businesses located in every state in the country, 84 per cent employ fewer than 10 people. Film and television also supports other businesses in other industries, making over $41 billion in payments to more than 345,000 local businesses in 2014.