This report analyzes the economic impact of NYC’s vibrant ecosystem.
Download: NYC Music Industry Report
This report, completed in April 2015, serves as an update to our 2012 publication. The report analyzes the development and growth of NYC media in the period 2012 through 2014, by once again examining different subsectors and identifying the latest trends that have shaped and will continue to shape NYC's media and digital media sectors.
Over the past 12 years, the City of New York's film and television production industry has grown exponentially, along with an exploding and thriving technology sector. The Mayor's Office of Media and Entertainment is taking a look back to reflect on the initiatives, programs, people and events that have turned "Made in NY" into a local phrase. The 2013 Report presented by the Mayor's Office of Media and Entertainment is a 37 page booklet and video series that will show why film and television, technology, and Broadway are major economic engines for New York City.
The Boston Consulting Group released a study in May 2012 that aims to analyze the development and growth of New York City's media and entertainment industries by examining different subsectors and identifying the main trends that have shaped and will continue to shape the City's media and digital media sectors. According to the report, New York City's film sector is the strongest in its history, generating a direct spend of $7.1 billion in 2011, an increase of over $2 billion dollars since 2002. The sector now employs 130,000 people, an increase of 30,000 jobs since 2004.
The Mayor's Office of Film, Theatre and Broadcasting conducted a survey to investigate the awareness of the "Made in NY" program, and city residents' thoughts on filming throughout New York City's five boroughs.
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.