New Study Reveals Strength of Copyright Industries
A new study released today by the International Intellectual Property Alliance (IIPA) reveals that core copyright industries contributed more than $1 trillion in value in 2012 to the U.S. economy (almost 6.5% of the total U.S. GDP). The study, Copyright Industries in the U.S. Economy: The 2013 Report, records the economic influence and contributions of industries in the U.S. dealing with the creation, production, distribution, broadcasting and exhibition of copyright materials. An update of 13 previous studies, it was prepared by Stephen E. Siwek of Economists Incorporated for the IIPA. Drawing from data from the Bureau of Economic Analysis and other government agencies, the study provides evidence to show the strength of copyright as a source of economic growth.