Georgia Film Industry Contributes $5.1 Billion to Local Economy

By September 12, 2014Business News, News

The last fiscal year for the Georgia Film Industry generated $5.1 billion, created 80,000 job and investment opportunities and added a considerable amount of tourism traffic to the state of Georgia. All of that, in just one year! Companies such as Paramount, Warner Bros. and Disney are pouring their investment dollars into Georgia businesses. Productions are crewed primarily with skilled Georgia workers and deal primarily with local vendors. In other words, the dollarfilm industry GAs are staying here in the peach state!

Generous tax incentives are drawing big Hollywood names away from the Hollywood hills and bringing them to our door. Big budget projects and franchises such as “The Hunger Games,” “The Walked Dead,” “Fast & Furious,” and “The Vampire Diaries” have all set up shop for 2014, along with more than 100 other productions.

“The film industry is a powerful economic generator and is creating jobs for Georgians as well as new opportunities to a highly skilled workforce,” said Chris Carr, commissioner of the Georgia Department of Economic Development. “Since 2008, more than 90 companies have located in Georgia to support the industry. These new businesses are generating jobs and ensuring the industry’s sustainability in Georgia well into the future.”

This spotlight on Georgia looks like it’s here to stay! Read the full article here or visit the Camera Ready page to learn more about Roswell’s role in the Georgia Film Industry.