California economic overview
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California Economic Overview. California’s Entertainment Industry Joint Assembly Oversight Committee Hearing Review of the California Film Tax Credit SAG-AFTRA NationalHeadquarters Los Angeles, CA October 9, 2013. Kevin Klowden Director of the California Center, &

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California Economic Overview

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California Economic Overview

California’s Entertainment Industry

Joint Assembly Oversight Committee Hearing

Review of the California Film Tax Credit

SAG-AFTRA NationalHeadquarters

Los Angeles, CA

October 9, 2013

Kevin Klowden

Director of the California Center, &

Managing Economist for the Milken

Institute

(310) 570 4626

kklowden@milkeninstitute.org

www.milkeninstitute.org


California’s share of national entertainment employment1990-2012

Percent

Source: BLS.


Is California losing its competitive edge?Job growth in the entertainment industry, 2005-2012

Note: Shift-share analysis conducted for 2005-2012.

Source: BLS.


Post-production employment in California1990-2012

Thousands

Source: California Economic Development Department.


Permitted on-location TV production days in Los Angeles2008-2012

Thousands

Source: FilmLA.


Streaming video projected to double market share by 2017

$USD, billions

Streaming video

TV subscription providers

Source: PWC.


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