2010 Impact of Florida’s Digital Media Sector (July 1 2010 )Innovation Insight and the Florida Bureau of Labor Statistics performed an economic impact estimate of Florida’s digital media sector, focusing on digital gaming and entertainment. Some hilights include:
- For every state dollar invested in interactive digital entertainment companies under the FloridaŹ¼s Entertainment Industry Financial Incentive program, state and local governments generate an additional $3 in tax revenue from tax receipts from direct, indirect, and induced economic activity by the qualified projects (2009 impacts).
- Statewide, the interactive digital entertainment sector as a whole employs at least 2,290 direct jobs, resulting in a 2009 economic impact of over $873 million and 6,100 jobs. Annually, the sector generates more than $32 million in state and local tax revenue.
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