Economic Development: Film Industry as Economic Engine
Trying to put an economic value on the global film industry is difficult as such factors as post production, television distribution, the global DVD market and electronic distribution and others need to be taken into account. Film commissions are economic development offices with an extremely targeted market. Film and media production is a new industry for many communities and ironically for some, has been born during a major economic downturn. Film and media can and often do represent a new economic engine and a welcome diversification of a given jurisdiction's economy.