Census: Movie, Video and Digital Revenue Up in 20072 Feb, 2009 By: Chris Tribbey
Movie and video revenue jumped 7% year-over-year to $66 billion in 2007, according the U.S. Census Bureau research, while revenue from Internet publishing a broadcasting grew 20.4%, to $15.5 billion.
The data, from the Bureau’s “2007 Service Annual Survey: Information Sector Services,” accounts for 55% of all U.S. economic activity, including all information and cultural products, and the “means to transmit or distribute these products.”
“Whether online news or a wireless signal for a mobile phone, the unique products that make up the information services sector play a significant role in our everyday lives,” said Mark Wallace, chief of the Census Bureau’s Service Sector Statistics Division. “Not only does this survey provide us with information, but it also demonstrates how profoundly this sector contributes to our overall economy.”
Online advertising generated $8.7 billion in revenue, and cable revenue was more than $100 billion.
The survey can be found at www.census.gov/svsd/www/services/sas/sas_data/sas51.htm.