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NORDICITY STUDY SHOWS MAJOR ECONOMIC BENEFITS OF FILM AND TELEVISION INDUSTRY IN CANADA

July 11, 2013
Posted by: Leslie Wootton

Toronto, July 10, 2013 ‘ The Motion Picture Association’Canada and the Canadian MediaProduction Association (CMPA) today released a new first-of-its-kind study on the economiccontribution of the film and television industry in Canada, revealing that, in one year alone, thesector supported 262,700 jobs, including 132,500 FTEs in film and television production, andgenerated $20.4 billion in GDP for the Canadian economy.

The Economic Contribution of the Film and Television Sector in Canada is a comprehensive study ofthe economic contributions of the film and television industry in Canada, commissioned by theMotion Picture Association ‘ Canada in collaboration with Canadian Media Production Association(CMPA) and conducted by Nordicity. Building on research released in Profile 2012: An EconomicReport on the Screen-based Production Industry in Canada, the new study captures the direct,indirect and induced economic impacts of the industry’s entire value chain in Canada. The sector’svalue chain segments, which are examined in detail in the study, include: Production, Distribution,Media Manufacturing and Digital Asset Management, Film Festivals, Theatrical Exhibition, DVD/Bluray Sales and Rentals, Video-on-Demand and Online Digital, Broadcasting, and BroadcastingDistribution. The economic contribution of the film and television sector does not stop with theeconomic and tax revenue impacts originating from activity in the value chain. The sector’seconomic contribution also manifests itself over time through industry development, and throughspillover effects captured by the construction and tourism sectors.

For the full release and FAQ go to MPA-CMPA-NORDICITY Release, July 10

Thecomplete report is available online athttp://www.mpa-canada.org/nordicity-report/en.

 

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