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Film and Television Production Worth Over $5 Billion in NYC, According to Latest Study

The Boston Consulting Group released a study in June 2000 which found that television, film and commercial production contributed $5 billion in direct spending and more than 70,000 jobs to the New York City economy in 1999. Taking into account pre-production, post-production and studio work not counted in the city's numbers, this study concluded that the total impact of production on the city's economy was double the amount of location shooting alone.

Download: Building New York's Visual Media Industry for the Digital Age

US Department of Commerce Releases Study on Runaway Production

In March 2001, The Department of Commerce issued the final version of a report entitled "The Migration of U.S. Film & Television Production," which takes a well-assessed look at the effects on the U.S., of competition for film and television work coming from various countries. The effects on New York City, which is included in the report as the second largest production center in the U.S., can be found starting on pages 25 and 35. New York City offers some of the most extensive economic incentives in the country, including free permits, free locations, free police assistance and zero sales tax on production consumables. Click here for the latest developments on the Made in NY incentive program.
Download: The Migration of U.S. Film & Television Production (2,181K)


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