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- As of July 2020, the movie and video production industry in the U.S. was valued at $31 billion.
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Mar 6, 2024 · March 06, 2024. The American film and television industry supports 2.74 million jobs, pays out $242 billion in total wages, and comprises more than 122,000 businesses—according to an analysis of the most recent economic figures released by the Motion Picture Association.
Estimated revenue of the motion picture and video production and distribution industry in the United States in 2021, by source (in billion U.S. dollars)
- General U.S. Film Industry Statistics
- U.S. Film Industry Customer Statistics
- U.S. Film Industry Employment Statistics
- U.S. Film Industry Pandemic Numbers and Post-Pandemic Predictions
- U.S. Film Industry Production Statistics
- U.S. Film Industry FAQ
- Conclusion
- Sources
The film industry was hit hard by The COVID-19 Pandemic. But, seeing as movies are still being produced, it can be hard to tell just how rough things were. Overall, the current status of the industry seems to walk the tightrope between precariousness and absolute catastrophe. Here are some insights our research uncovered: 1. Despite taking a hit fr...
Customers have always driven film industrysuccess. After all, the inability of consumers to go to theaters was a huge hit to the industry throughout 2020. The question is, are customers still interested in the traditional film industry? Here are some insights our research uncovered: 1. 41% of movie goers among adults rarely go to the movie theaters...
The film industry in the United States is massive, which means there are many people who rely on it for employment. Unsurprisingly, the COVID-19 Pandemic has had a huge negative effect. Here are the facts: 1. The U.S. Film Industry employs roughly 2.5 million people.And that number spans 93,000 businesses, of which the majority had to close through...
During and post-Covid, the film Industry has changed in a huge way. Instead of attending theaters, many people switched to online streaming services to receive their entertainment. Here are the facts: 1. The number of movie tickets sold plummeted by 82% between 2019 and 2020.In 2019, there were roughly 1.24 billion movie theater tickets sold. Howev...
The film industry continues to produce movies and other media, despite the impacts of recent years. While production did slow down, there were still some major movie releases. Here’s what we found: 1. The Film Industry’s production spending increased by 16.1% in North America.In 2020, global production spending reached an all-time high of $220.2 bi...
How many people does the film industry employ in the U.S.?The film industry employs roughly 2.1 million people in the U.S. These employees work across a wide range of job types, fields, and salaries.With U.S. box office revenue being 76% lower immediately after theaters reopened, the film industry has a long way to climb to recover from the COVID-19 Pandemic. In fact, at only $5.99 billion in 2022, box office revenue is down 47% from 2019. However, it’s not all doom and gloom for the film industry. The industry is expecting to experience a CAG...
Observer. “Reality Check: The Film Industry Is Still in Grave Danger.” Accessed on September 21st, 2021.Raise Your Skillz. “Gaming Industry vs. Other Entertainment Industries (2021).” Accessed on September 21st, 2021.Allied Market Research. “Motion Picture Industry by Genre.” Accessed on September 23rd, 2021.Statista. “Film Industry – statistics facts.” Accessed on September 23rd, 2021.IBISWorld's statistic shows that as of 2024 the market size of the Movie & Video Production industry is $32.6bn an increase of 2.91% from 2023.
Feb 13, 2024. The revenue of the motion picture and video production and distribution industry in the United States sharply increased in 2022 to almost 93 billion U.S. dollars. The number of...
Expert industry market research on the Movie & Video Production in the US (2024-2029). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.
Over the last decade, movie theater attendance has declined sharply, and the list of streaming services seemingly grows every day. The film industry is undergoing radical change. In 2018, 28% of consumers preferred to watch a movie for the first time in a movie theater, compared to only 15% who favored streaming. However, COVID-19 devastated ...
