NORDICITY STUDY SHOWS MAJOR ECONOMIC BENEFITS OF FILM AND TELEVISION INDUSTRY IN CANADA
Toronto, July 10, 2013 – The Motion Picture Association–Canada and the Canadian Media Production Association (CMPA) today released a new first-of-its-kind study on the economic contribution of the film and television industry in Canada, revealing that, in one year alone, the sector supported 262,700 jobs, including 132,500 FTEs in film and television production, and generated $20.4 billion in GDP for the Canadian economy.
The Economic Contribution of the Film and Television Sector in Canada is a comprehensive study of the economic contributions of the film and television industry in Canada, commissioned by the Motion Picture Association – Canada in collaboration with Canadian Media Production Association (CMPA) and conducted by Nordicity. Building on research released in Profile 2012: An Economic Report 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’s value 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 Broadcasting Distribution. The economic contribution of the film and television sector does not stop with the economic and tax revenue impacts originating from activity in the value chain. The sector’s economic contribution also manifests itself over time through industry development, and through spillover effects captured by the construction and tourism sectors.
For the full release and FAQ go to MPA-CMPA-NORDICITY Release, July 10
The complete report is available online at http://www.mpa-canada.org/nordicity-report/en.