US movie biz is booming: MPAA
p2pnet.net News:- You know how Hollywood is on the verge of collapse because of the depredations of p2p file sharers and counterfeiters, lumped together as the most evil entities since Ghengis Khan?
At least, that’s what the MPAA (Motion Picture Association of America), owned by Time Warner, Viacom, Fox, Sony, NBC Universal and Disney, declares. Over and over and over …..
Well, “The industry maintains a positive balance of trade, resulting in a $9.5 billion surplus, which represents 12% of the entire U.S. private sector service trade surplus in 2005,” says the first Hollywood analysis and compilation of data from, “studios, networks, payroll companies, guilds and government agencies,” trumpets the MPAA.
And you know how scores of support workers are in desperate plights because they’ve lost their jobs, a tragedy attributed to the same evil forces?
“The industry creates more than 1.3 million American jobs” and, “Direct employees of the industry earn an average salary of $73,000 annually, not including highly compensated talent,” says the report, also stating.
“Export of U.S. films earned $10.4 billion in 2005, a 20% increase since 2000.”
In other stats, according to the MPAA:
- The industry produces $30.2 billion in revenue for 160,000 U.S. vendors, 85% of whom employ 10 people or less.
- The industry generates $10 billion in state and federal taxes
- On-location motion picture and television production generates economic benefits at the state and local level.
- Production occurs in nearly every state each year creating a dramatic economic impact on their communities.
- 30 states have enacted incentive laws to increase production in their states.
- The industry invests in infrastructure and community development nationwide.
- On-location filming is estimated to increase tourism by up to 54%.
Don’t bother to stay tuned.
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February 6th, 2007 at 6:27 pm
If the movie studios kept claiming they were crippled, no one would invest in them anymore. They are essentially saving themselves in this statement, whereas the previous ones were economic suicide notes, regardless of validity.
February 6th, 2007 at 7:56 pm
Of course we don’t hear in these same figures what is “saved” by outsourcing jobs to foreign countries. Nor do we hear of the new technology that has allowed Hollydud to remove workers from the payrolls, such as digital. With digital it’s not longer a need to develop film, have couriers move the film, no longer is shipment needed to deliver those canisters to the movie theaters.
Nor do we hear of the bloat that is constantly in the background of those supporting industries to the movies, such as higher labor costs for stunt people, material costs, and the like.
Another thing we don’t hear is how movies are getting financing through special clauses in laws such as in Germany where they are given financial breaks in special interest laws, amounting to near give-a-ways in tax breaks and funding.
In the effort to gain more money, the studios have started a lock-step to limit the pay to the world renown class actors. You can be sure that same reason is being used to limit the lessor paid character actors. Can’t have the stars making less than the character actors can we? If its’ getting cheaper labor, why aren’t we seeing a reduction in the cost of seeing and buying movies? I guess the studio fat cats don’t have enough Mercedes Benz, Rolls, nor enough limos on call as it is.