The Digital Creators Coalition details trillions in economic contributions from creative communities in the United States
Explore the full report and holistic impact of the hack here
WASHINGTON DC (November 1, 2022) – The focus of the Digital Creators Coalition (DCC) report: Creativity is an engine of economic growth in the United States, and copyright protection is its fuel, especially in the digital age. Released today, the Digital Discovery Report offers insight into how music, film, television, books and periodicals, photography, news media, sports and more are not only driving culture , but also a thriving society with millions of American creators and trillions of dollars invested. the American economy.
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- The copyright industries employ close to 11.7 million workers and contribute more $2.5 trillion to the annual GDP of the United States
- Top copyright industries pay workers 43% compensation premium over the average annual salary in the United States
- Union creative professionals benefit from copyrighteither by direct payments as compensation or in the form of contributions to health and pension funds, valued at over $2 billion
- Nationally, the nonprofit arts industry generated $166.3 billion economic activity, supporting 4.6 million jobs and generate $27.5 billion in revenue for local, state and federal governments
The report also outlines how piracy continues to be a real threat to creative jobs and the US economy as a whole. Undermining growth and undermining legitimate forms of distribution like streaming services and retail sales, piracy imposes devastating costs on American workers and employers large and small. The Digital Discovery Report details how “digital theft is directly impacting the creative industries and the professionals who work in them, costing at least 290,000 jobs and $29 billion in lost revenue in the industry alone. cinema and television” (DPE, Intellectual property theft: a threat to workers and the economy). In addition to the Digital Discovery Report, 50 States of Music highlights the economic impact of music in geographic segments across the country and how communities are supported through jobs in iconic locations to passionate fans supporting their favorite bands. Explore your hometown here.
ABOUT THE DIGITAL CREATORS COALITION (DCC): The Digital Creators Coalition (DCC) is made up of associations, businesses and organizations that represent individual creators, independent producers, small and medium-sized enterprises (SMEs), large corporations and labor organizations from across the community. American creative, including music. , films, television, authors, editors, photographers, news media and sports. The DCC is the voice of creativity in the digital age and strives to champion America’s creative community in the online environment. Our members are united in our resolve that strong copyright protection for American creators should be a top priority for U.S. engagement globally.