Film & Video Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 5/1/2023
SIC Codes: 7812, 7819, 7822, 7829, 7832, 7833
NAICS Codes: 5121
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Film & Video Industry Profile

Companies in this industry comprise of establishments primarily engaged in production and/or distribution of motion pictures, videos, television programs, commercials or the postproduction and related services. Major US companies include Disney, NBCUniversal (owned by Comcast), Paramount, and Warner Media (owned by AT&T). Major companies outside the US include Bertelsmann and ProSiebenSat1 Media (both based in Germany) and Vivendi (France).

Total global spending on entertainment and media (including film, television, internet, radio, publishing, and video games) has a year-over-year increase of 24% to about $100 billion in 2021, according to Forbes. Internationally, the major US-based studios continue to dominate film and video markets. China reported the highest box office revenue worldwide in 2021, followed by the US, Canada, Japan, and the UK, according to Statista. Growth is being driven primarily by the Asia/Pacific region.

The US film and video industry includes about 22,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $90 billion.

Movie theaters and the production and distribution of motion pictures and television programs are included in the industry and are also discussed in separate profiles. Radio and television broadcasting and cable and other television networks, which are not included in the industry, are covered separately.

COMPETITIVE LANDSCAPE

Demand is driven by consumer spending and leisure time. The profitability of individual companies depends on creativity, marketing, and distribution. Large companies have advantages in financing, wide distribution ...

 
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