2022-12-05 07:39:44
Congressional Research Service Shows Hollywood Is Thriving | Techdirt market data/movies/Scrapbook

Recently, Senator Ron Wyden asked CRS if it could explore the state of the movie industry today as compared to 1995 on a variety of different criteria. You can read the full report embedded below, but here are a few key points. First off, despite the industry’s regular attempt to play up its contribution to GDP and employment, the report found that the combined GDP contribution of both the “motion picture and sound recording” industries was a whopping 0.4% in 2009. Back in 1995… it was also 0.4%.

via Congressional Research Service Shows Hollywood Is Thriving | Techdirt.

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