MOME Report Shows Lead Role of Film/TV Industry in NYC’s Economy
The Mayor’s Office of Media and Entertainment (MOME) released a study detailing specifics on the film and television industry’s significance and contribution to New York City’s economy.
In 2019, the industry supported in total approximately 185,000 jobs, $18.1 billion in wages, and $81.6 billion in total economic output. Over the past fifteen years, direct jobs in the NYC television and film industry have grown at an annual rate of 3%, outpacing the city’s overall rate of 2%.
The groundbreaking report arrives as New York City continues to recover from the pandemic, which highlighted just how important this industry is to the city’s identity, the livelihood of many New Yorkers, and the local economy. The full report can be accessed here.
Broadway Stages is proud to be a part of the city’s film and television industry and the contribution it makes to the economic growth of the local communities we call home.