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Movie & Video Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Movie & Video Production Market Research Report | NAICS 51211a | Dec 2013

Cut to black: Free and low-cost digital access to movies is hurting industry revenue

IBISWorld’s Movie & Video Production market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$33bn
Annual Growth 08-13
-3.3%
Annual Growth 13-18
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Profit
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Employment
61,552
Businesses
6,455
Industry Analysis & Industry Trends

The Movie and Video Production industry has managed to weather recession-related challenges over the past five years. Although aggressive implementation of 3-D technology helped boost industry revenue, overall growth has declined due to the increasing availability of cheap or free digital access to movies. Over the next five years, online revenue will play a growing role in industry success as consumers continue to switch to digital media. In addition, growth in disposable income will boost consumer spending across categories, contributing to higher production revenue... purchase to read more

Industry Report - Industry Investment Chapter

There are significant costs associated with production equipment and technology. However, movie producers often rent technology for a fraction of its cost, while highly skilled workers and artists are required in all steps of the production process. Additionally, the strong presence of labor unions in this industry drives up the cost of labor even further by requiring high wages for members. Labor unions can leverage higher wages by threatening to disrupt production through strikes, which causes industry operators to foot large production bills.

In 2013, the industry's average wage was about $79,000, whereas the median national wage is about $46,000 according to the Bureau of Labor Statistics... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Movie & Video Production Industry?

This industry produces and distributes motion pictures and videos. It excludes third-party distributors and disc manufacturers, as well as products, such as television shows and made-for-TV movies, that are aimed specifically toward television.

Industry Products
Action and adventure filmsComedy filmsThriller/suspense filmsDramasOther films
 
Industry Activities
Creating a timeline of production for film and video and ensuring that timelines are metFinding financing for film and video productionsProducing film and video programmingPublicizing film and video productionsDistributing film and video (if the company is also involved in all of the above)


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