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Creative people make LA's creative economy big biz

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Creative people make LA's creative economy big biz

Postby Charles » Tue Nov 16, 2010 10:19 am

This report in from The Entertainment Economy Institute.


LA Creative Economy is Big Business

Since 2007, the annual Otis Report on the Creative Economy of the Los Angeles Region has established by hard data the combined economic impact of the arts, design, and entertainment industries in Los Angeles and Orange Counties.

The 2010 Otis Report shows that in the challenging economy of 2009, the creative sector remained robust in Southern California. Our creative economy continued to support one in six jobs in the region, generating an estimated $127 billion in sales revenues and $4.6 in state and local tax revenues. It held its place as one of the largest regional business sectors, and was, in fact, the second largest in Los Angeles County

Two special reports accompany the 2010 Otis Report to further evidence the economic influence of two critical groups of creative professionals - artists and designers:

Los Angeles: America's Artist Super City - a policy brief commissioned by the Center for Cultural Innovation that demonstrates how artists are Los Angeles' hidden developmental dividend and offers policies and programs to make our region a more supportive place for artists.

Opportunities in the Arts Are Larger Than They Appear: An Analysis of Product Designer Employment across California's Industries - a special report commissioned by Otis College of Art and Design that illustrates the pervasive presence of design in daily life and the reach of a creative profession such as product design across multiple industry segments.

Click here to learn more.


Thanks to the EEI for providing the news item.

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