Monday, June 8, 2015

TPA Would Boost Georgia’s Film and TV Economic Sector

WASHINGTON, DC (PR) – Today, as Congress continues to consider Trade Promotion Authority (TPA) legislation, the Motion Picture Association of America, Inc. (MPAA) is revealing new state economic data, showing that the film and TV industry supports over 24,000 direct jobs and pays local workers over $1.68 billion in wages in Georgia. Over 9,200 of those jobs are directly related to productions, representing a growth of over 1,000 production-related jobs since this data was last compiled.

Overall, the American motion picture and TV industry supports 1.9 million jobs nationwide.  Overseas markets are critical to the success of the US motion picture and TV industry which registered $15.8 billion in exports and a positive services trade surplus of $13.4 billion in 2013. 

To continue growing film and TV exports, it’s important that Congress pass trade promotion authority (TPA) legislation. This legislation is an important step towards finalizing strong trade agreements like TPP that will allow the motion picture and TV industry to create more jobs in the U.S. by reaching some of the world’s biggest and most important markets.

The motion picture and television industry’s economic impact touches all 50 states, including Georgia which hosted the production of 21 films and 52 TV shows in 2014, with titles such as “Selma,” “Taken 3,” “The Walking Dead,” and “The Vampire Diaries,” among others. The industry also has a long-lasting economic impact in the state through infrastructure investments and film-induced tourism. In fact, Atlanta is home to the 33-acre and state-of-the-art EUE/Screen Gems Studios. And Senoia, Georgia continues to grow as a major attraction for fans looking to visit where “The Walking Dead” filmed.

MPAA Chairman and CEO Senator Chris Dodd stated, “From seamstresses and carpenters to electricians and camera grips, the film and television industry supports an enormous amount of good-paying American jobs. Supporting TPA and the U.S. trade agenda – including TPP – will enhance America’s competitive advantage around the world and allow our industry to drive even more economic activity here at home.”

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