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Motion Picture and Video Industry Receipts Exceed $80 Billion

“The U.S. Census Bureau released data today from the 2012 Economic Census showing that receipts for the nation’s motion picture and video industry (NAICS 5121) – covering the entire process from production to projection − increased $1.2 billion (1.5 percent), from $79.8 billion in 2007 to $81.0 billion in 2012. These receipt totals include ticket and concession revenue. The industry experienced an increase of 5.3 percent from 20,164 establishments in 2007 to 21,229 in 2012. However, annual payroll and employment both declined from $15.5 billion to $14.4 billion (or 7.1 percent) and from 308,740 to 280,962 (or 9.0 percent), respectively. These results are part of the Economic Census Industry Series, which publishes national statistics for detailed industries as well as information on the product lines sold or services provided by businesses. These data are collected for establishments, which are typically single physical locations of a business that produce or distribute goods or perform services, and can be accessed via census.gov.”

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