Jobs, Wages, Revenues Up 35% Over Past 5 Years In Television Industry
April 13, 2013 3 Comments
STATS WHICH SHOW INCREASE IN REVENUES IN THE TELEVISION INDUSTRY
I have been searching for American statistics to prove that the television industry has been growing over the past 5 years, but I just couldn’t make my way through the corporate publications – it was either too much, limited to just one Major Studio or generalities (like Variety Magazine). So, I was happy to see a recent publication which clearly showed a 35.4% increase in revenues in the television industry. On April 11, 2013 Canadian government commission (CRTC) published an indisputable increase in revenues, jobs and wages in the television programming industry in Canada.
CRTC STATS – CAN WE EXTRAPOLATE THAT TO THE USA?
Here’s what I pulled from the CRTC web site:
Year 2010 2011 2012
Jobs 5,495 5,900 6,176
Wages $415Mil $461Mil $487Mil
Revenues $3.5Bil $3.7Bil $3.97Bil
CANADA’S POPULATION OF 34.5 MILLION IS LESS THAN CALIFORNIA’S BASE OF 38 MILLION
Just to remind you – Canada, in spite of it’s enormous land mass, has a lower population base than the State of California (34.5Mil in Canada and 38Mil in California). So, if you want to extrapolate to the USA multiply the figures above by 9 or 10 to reach the same population base of America. Also, don’t forget that at least 80% of the television content watched in Canada is America. (On average in Canada, out of the top 30 highest rated shows, only Hockey, the news and 3 to 4 other shows are produced as Canadian content – all the rest are American shows.)
This quote, from the same web page, tells a very positive story:
DIRECT QUOTE – SEE THE WEB SITE
“OTTAWA-GATINEAU, April 11, 2013 — Today, the Canadian Radio-television and Telecommunications Commission (CRTC) released statistical and financial summaries for Canadian specialty, pay, pay-per-view (PPV) and video-on-demand (VOD) television services.
Revenues for these television services have climbed by 35.4% over the past five years to reach nearly $4 billion in 2012…. In 2012, Canadian specialty, pay, PPV (Pay Per View) and VOD (Video On Demand) television services created 226 new jobs, directly employed 6,176 people and paid $487 million in salaries.”
Cheers / John