STATE OF THE INDUSTRY

In a state-of-the-industry report released in Washington Tuesday, the Motion Picture Association of America said that movie and TV businesses were responsible for contributing $60.46 billion to the country's economy and that they were responsible for generating 1.3 million jobs in 2005. Speaking to an MPAA symposium, MPAA Chairman Dan Glickman said, "The creative output of the American motion picture and television industry is widely appreciated around the world, yet its contribution to the nation's economy is seldom recognized. This report ... confirms the importance of filmed entertainment production to America's economy."

07/02/2007