The real heroes of Hollywood, the world number one in terms of investment and collections and number two in terms of film production count, are only six production houses known as Big Six.
At present, all of them would have grown multifold.Ĭould you believe only six corporations control this colossal industry, with this kind of massive financials? Yes. It is a magical industry playing a key role in American economy. More than all, Hollywood provides indirect employment for 10,000,000 people through 160,000 subsidiary industries. * $ 10 Billion is the contribution in the form of income tax and $ 9.5 Billion through other trades * $ 60 Billion is the contribution towards American economy * $ 30.2 Billion is the income of cinema industry allied organizations * $ 30 Billion is issues in wages and salaries every year This is 80% higher than an average American’s income.
* Average income of employees stands at $ 73,000. * Average annual collection is US $ 9.5 Billion. * Hollywood provides employment for 10,80,000 full time employees and 2,30,000 freelancers (including actors and actresses) Now let us discuss trade practices of overseas movies, especially Hollywood.įirst, a few interesting facts about Hollywood: We have seen film business in our country so far.
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