Georgia’s film industry may be booming but, Los Angeles still has a thriving movie and TV business.
According to the LA Business Journal, the Los Angeles County is adding jobs in digital media and entertainment at a faster rate than New York City or any other city in the country.
In a report released on September 17th by Beacon Economics, a Los Angeles research, and consulting firm, argues that the percentage of jobs in the film and digital media industry has jumped 23 percent from 2011 to 2016, from 215,000 to 266,000 jobs.
Beacon Economics research director Adam Fowler says the data suggests that Los Angeles’ film industry is dying is a misconception. Beacon defined the digital media and entertainment industry as seven different sectors including film, publishers, broadcasters, professional services, and business operations, emerging digital media, artists and agents, sound production and recording.
Digital media for platforms such as Amazon, Facebook and Apple are increasing their presence in Southern California. In fact, Facebook moved into a Los Angeles office in 2016, boosting their Los Angeles workforce at the time.
Adam Fowler told the Los Angeles Times the boom in job growth is related to the demand for video content. Fowler says, “players like Facebook were just getting off the ground, and now those kinds of platforms are investing large sums of money into original content creation,” Fowler said.
Beacon predicts that in the next three years, 16,500 digital media and film-related jobs will be added in Los Angeles, including 3,800 “emerging digital media” jobs.
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