The summary statistics by North American Industry Classification System (NAICS) which include: operating revenue (dollars x 1,000,000), operating expenses (dollars x 1,000,000), salaries wages and benefits (dollars x 1,000,000), and operating profit margin (by percent), of motion picture and video production (NAICS 512110), annual, for five years of data.
In 2021, the film industry in the United Kingdom generated approximately ***** billion British pounds in revenue, up down from ***** billion pounds in the previous year. The number of film and video production companies in the UK grew by around four percent in 2020.
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The transition to digital content continues to diminish content distributors as studios increasingly undertake distribution activities in-house. Many distributors have instead turned to acquiring content from production houses. Federal support for video production has been robust, especially with the 2017 Creative Canada initiatives, which increased funding for production studios. Netflix's arrival into the Canadian market also bolstered production, as they were given tax incentives in exchange for spending $500.0 million on domestic content creation. While the pandemic hindered revenue significantly, as health and safety regulations lifted, production skyrocketed as studios had a backlog of projects they were ready to work on. Growth in foreign and domestic Canadian television production propelled the industry to exceed previous pandemic highs in 2021. This momentum was sustained in the following years as demand heightened and revenue hikes persisted. A continued injection of government funding and resources implemented during the pandemic has further boosted the industry. This has enabled the industry to remain durable despite recent spates of inflationary pressure. Revenue is expected to incline at a CAGR of 5.8%, reaching $15.1 billion in 2024, including a 1.6% gain in 2024 as production thrives. Even so, profit took a massive dip amid the pandemic and has yet to fully recover. The ubiquity of digital content has presented opportunities and challenges for content distributors. Streaming platforms can provide a wide variety of content, offering new growth opportunities, especially as these outlets become increasingly popular among consumers. Although the cord-cutting trend has hurt revenue for TV broadcasters, a significant content market, production companies have benefited from the ensuing competition for viewers. Amid the proliferation of video options for consumers, networks have been pressured to strengthen their investment in content that will attract viewers through websites, streaming services or on-demand video. This has ultimately boosted revenue for production companies in an otherwise challenging market. Production growth toward the end of the period is set to carry over as more production companies enter the mix. Production companies will benefit from online streaming services, as these platforms boost the negotiating power of small companies by enabling them to bypass broadcasters, which traditionally had significant leverage over content producers. Revenue is poised to climb at a CAGR of 1.7% to $16.3 billion in 2029.
Throughout 2022, domestic licensing of rights to television programs was the leading source of revenue for the motion picture and video production and distribution industry in the United States, generating ***** billion U.S. dollars. Domestic licensing to motion pictures and contract production of audiovisual works followed, accounting for ***** billion and **** billion dollars of the sector's total turnover. A record-high and a changing trend The overall revenue of the U.S. motion picture and video production and distribution sector reached an all-time high in 2021, increasing by over ** percent and surpassing ** billion dollars. That same year, motion pictures' domestic licensing to TV shows amassed twice as much as licensing to other films. The consecutive prevalence of TV over movies in this subsegment started in 2016. In the first half of the 2010s, only once licensing to programs generated revenue higher than licensing to other films. Higher expenses and cinemas' struggle The expenses of the film and video industries in the U.S. – including production and distribution, as well as exhibition, postproduction, and other related services – increased by ** percent in 2021. The figure surpassed ** billion dollars for the first time since 2013. The exhibition segment, however, continued to deliver results below pre-pandemic standards. In 2021, the cinema industry's leading revenue sources, ticket and concession sales, generated only ** and ** percent of the revenues recorded in 2019.
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The performance of the Film, Video and TV Programme Post-Production industry is influenced by demand from key markets, technological developments and competition. Over the five years through 2024-25, industry revenue has grown at a projected compound annual rate of 0.6% to £1.6 billion. Demand for visual effects and the provision of tax credits by the government to the broader film sector has supported post-production studios' performance over the period 2024-25, but the faltering performance of downstream markets like Hollywood films, streaming platforms and TV advertising. Since post-production studios heavily rely on demand from motion pictures and TV production, revenue tanked in 2020-21 amid the pandemic-induced nationwide lockdowns, which included the closures of cinemas across the UK and delayed media productions. Revenue had started to rally back in 2021-22 as the economy reopened and pandemic restrictions eased, but growth was halted as film and TV studios were curbed by dropping consumer spending in the wake of the cost-of-living crisis. With box office revenues stumbling and traditional advertisers shrinking down, two major markets for post-production have faltered. In 2024-25, revenue is projected to expand by 2.5% while profit will reach 6.2%. Over the five years through 2029-30, industry revenue is in line to expand at a compound annual rate of 1.8% to reach £1.7 billion. Funding from Creative Europe has ceased now that the UK has left the EU, to the detriment of the wider film sector. Furthermore, the UK's points-based immigration system will apply pressure to the labour market; a potential skills shortage for post-production firms could inflate wage costs, limiting profit in the industry. Nevertheless, the UK remains a popular location for international film and TV producers, which will continue to prop up the market. Continued technology advancements will create opportunities for new entrants, encouraging new companies to enter this post-production industry.
In 2021, movies labeled as action/adventure accounted for **** percent of the sales revenue of films sold on physical video in the United Kingdom. Drama and animation for children followed, accounting for **** and **** percent of the revenue, respectively.
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Check out Market Research Intellect's Remote Video Production Market Report, valued at USD 2.4 billion in 2024, with a projected growth to USD 5.6 billion by 2033 at a CAGR of 10.5% (2026-2033).
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Number of Businesses statistics on the Movie & Video Production industry in the US
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Video Editing Software Market size was USD 1.97 Billion in 2021 and is expected to register a revenue CAGR of 5.9% during the forecast period. Rapid growth in the film and media sector, along with emergence of various Over-The-Top (OTT) platforms
This annual release provides information on the creative industries’ tax reliefs for film, high-end television (HETV), animation, video games, children’s television, theatre, orchestra, and museums and galleries exhibitions.
Statistics are provided on the number of productions claiming tax relief, the amounts of expenditure, the number of tax relief claims and amounts claimed, and amount of claims by size of claim. This publication reports on years up to 31 March 2022.
Further details, including policy background, data suitability and coverage, are included in the Background information and quality report.
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New Zealand has established itself as one of the top markets for post-production services. This is primarily thanks to its involvement over the last two decades in major film projects like The Lord of the Rings and, more recently, the Avatar sequels. However, the industry has seen mixed growth with high demand for industry services in 2020-21 and 2021-22, when there was a backlog of projects that required post-production services or companies were able to spend more time on post-production. Despite this, demand has been slow in recent years because of market saturation and overseas film industries developing their own advanced post-production facilities, creating additional competition for the industry. As a result, industry revenue is expected to dip 3.9% in the current year, reaching $1.26 billion, constituting 2.7% growth annualised over the five years through 2024-25. Weta FX dominates the industry, generating over half its revenue. Weta FX’s success in securing large blockbuster projects has increased market concentration, making it difficult for smaller firms to compete. Demonstrating a growing preference for CGI over practical effects, Weta FX has boosted the VFX product segment in the industry. This has supported profitability for Weta FX and the wider industry, as specialised VFX services have higher margins. Continued strong demand for VFX services, along with government support, is set to aid the industry in the coming years. However, despite these positive forces, the industry faces creeping competition. Technological advancements like algorithmic editing are set to be more widely adopted and are projected to reduce demand for basic post-production tasks. These advancements will also encourage competition from film studios taking post-production in-house or using less costly freelancers. Industry revenue is forecast to drop by an annualised 0.1% to $1.25 billion through the end of 2029-30.
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China Government Expenditure: Fund: National Film Industry Development Fund data was reported at 1,445.000 RMB mn in 2021. This records an increase from the previous number of 1,106.000 RMB mn for 2020. China Government Expenditure: Fund: National Film Industry Development Fund data is updated yearly, averaging 1,520.500 RMB mn from Dec 2010 (Median) to 2021, with 12 observations. The data reached an all-time high of 2,754.000 RMB mn in 2019 and a record low of 219.000 RMB mn in 2011. China Government Expenditure: Fund: National Film Industry Development Fund data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under China Premium Database’s Government and Public Finance – Table CN.FA: Government Revenue and Expenditure: Fund.
Between 2016 and 2021, the number of companies dedicated to movie and video post-production and related services in Mexico remained unchanged, with 10 establishment operating in this industry.
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With the resumption of filming and cinema operations, the order situation has developed well in 2021 and 2022. However, the industry suffered from an increase in production and personnel costs. The high capacity utilisation of the German film production industry and the increasing staff shortage have driven up the salaries of production and production managers as well as assistant directors and production designers. In addition to an increase in material costs, the high energy costs also had a noticeable impact on other budget-relevant costs, such as travel, accommodation and catering costs. At the same time, only just under a quarter of the cost increases in the last two years have been covered by clients, which has put a heavy strain on the sector-specific earnings situation. The assessment of the economic situation in the sector deteriorated noticeably between 2022 and 2024. Turnover fell by an average of 3.4% per year between 2019 and 2024. In the current year, industry revenue is expected to fall by 1.8% to EUR 6.3 billion, primarily due to a decline in orders. While the prospect of a reorientation of federal film funding with new instruments is likely to be the main reason for the decline in orders in the fiction sector, commercial film production and production for private TV clients are suffering from subdued demand from major clients due to the difficult economic situation. The biggest challenges in 2024 include the declining order situation, rising production costs, slow processes at clients, staff shortages and problems with interim financing. The earnings situation is expected to deteriorate further, affecting fiction-producing film companies to a greater extent than non-fiction producers. In the next five years, sales in the industry are expected to grow by an average of 1.1% per year, so that they will probably amount to 6.7 billion euros in 2029. The industry is expected to continue to benefit from the rising demand for German films on the international market, which will be supported by German film funding. At the same time, the willingness of domestic TV broadcasters, the industry's most important sales market, to pay for films is likely to decline as they lose relevance due to competition from streaming service providers. This will limit revenue growth for film and series producers.
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Cling Film Market report offers historical data points and forecasts and revenue growth at a global, regional, and country level, and provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2018 to 2028
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European post-production studios collaborate with other studios, both in Europe and further afield, to create films, TV shows and other forms of media. The industry has been supported by favourable government tax reliefs for domestic production, using these to encourage US studios to work with European post-production companies for their big-budget films and shows. This collaborative approach allows studios specialising in specific areas, such as special effects, animation, or subtitling, to focus on their strengths. Film and TV studios in Europe have been hit hard by recent strike action in the US. The Writers Guild of America (WGA) and Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) both went on strike midway through 2023 over disagreements with studios. The strikes froze all productions involving US studios, meaning work opportunities for European post-production companies dried up. However, both disputes have finally been resolved – SAG-AFTRA’s on 27 September and WAG’s on 9 November, so demand should pick back up. The impact of the strike action combined with the disruption caused by the pandemic in 2020 and 2021 (work on most production ground to a halt during the lockdown periods) is expected to drive post-production revenue down at a compound annual rate of 4.4% over the five years through 2024 to €7.6 billion, including an anticipated decline of 3.1% in 2024. Demand for post-production services is closely tied to government policies and subsidies that attract foreign productions. The European Film Agency Directors association reveals that the government funding for the production and promotion of European audiovisual works totals around €3 billion annually. However, the industry has struggled to recover from the pandemic, with lingering lower cinema admissions and increased global inflation squeezing marketing budgets. Going forward, this could lead to a drop in production budgets, negatively affecting spending on special effects and animations. Despite these challenges, competition for big-budget productions is expected to remain high. Overall, revenue is forecast to grow at a compound annual rate of 2.3% over the five years through 2029 to reach €8.5 billion.
The film industry of Saudi Arabia was worth approximately *** million U.S. dollars in 2021. With the current boom in the Kingdom's film industry, it was expected to expand to about *********** U.S. dollars by 2030.
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Graph and download economic data for Labor Share for Manufacturing: Audio and Video Equipment Manufacturing (NAICS 33431) in the United States (IPUEN33431L030000000) from 1987 to 2021 about video, shares, cost, NAICS, IP, equipment, labor, manufacturing, and USA.
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Agricultural film market was valued at USD 10,706 million in 2020 and is expected to register a CAGR of 6.9% during the forecast period
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SSPI: Motion Picture, Video and Television Programme Production, Sound Recording and Music Publishing Activities data was reported at 104.044 2021=100 in Dec 2024. This records a decrease from the previous number of 104.335 2021=100 for Sep 2024. SSPI: Motion Picture, Video and Television Programme Production, Sound Recording and Music Publishing Activities data is updated quarterly, averaging 102.531 2021=100 from Mar 2021 (Median) to Dec 2024, with 16 observations. The data reached an all-time high of 104.535 2021=100 in Mar 2024 and a record low of 99.736 2021=100 in Jun 2021. SSPI: Motion Picture, Video and Television Programme Production, Sound Recording and Music Publishing Activities data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.I037: Services Sector Price Index: 2021=100.
The summary statistics by North American Industry Classification System (NAICS) which include: operating revenue (dollars x 1,000,000), operating expenses (dollars x 1,000,000), salaries wages and benefits (dollars x 1,000,000), and operating profit margin (by percent), of motion picture and video production (NAICS 512110), annual, for five years of data.