In light of the current filming project in Harper’s Ferry, it was great to see a report showing how this activity plays into a larger role of U.S. economy.
The International Intellectual Property Alliance® (IIPA®) released some news yesterday about 2010 economic contributions made by the U.S. copyright industries, which include contributions by 12 industries creating, producing, and distributing theatrical films, TV programming, home video, DVDs, business software, entertainment software, books and journals, music and sound recordings.
According to the report released on November 2, 2011, these industries
- Added over $930 billion in value to the U.S. economy, almost 6.4% of the total GDP;
- Employed nearly 5.1 million U.S. workers – nearly 5% of the total private employment sector – with jobs paying an average of 27% more than the rest of the workforce; and
Accounted for $134 billion in foreign sales and exports, far more than sectors such as aircraft, autos, and agriculture.
For the full report, click here.