resources → Make it in MN
REEL ECONOMY 2010
1
GDP for Minnesota's motion picture and sound recording industry is $225
million in 2009 dollars.
2
The number of firms currently engaged in the industry is 385, employing 4,112 Minnesotans with a $76 million payroll on an ongoing basis. The average hourly wage for producers and directors is $29.68 in 2009 dollars.
3
Snowbate is an efficient job creation tool, generating more than $42 million in direct and indirect economic impact over the last three years on reimbursements of $3.3 million -- just 8% of economic impact. The program reimburses only those payments made to Minnesota workers and businesses.
4
Since July of 2007, Snowbate projects created 338 full-time equivalent Minnesota jobs, at a cost per job of $7,270. This compares very favorably with other state and federal incentive programs based on the cost- per-job created.
5
Snowbate attracts studio features and national commercials that pay union wages to Minnesota Teamsters, SAG/AFTRA actors, Studio Mechanics, and members of the Directors and Cinematographers Guilds. These are jobs that pay health care and retirement benefits.
6
Cities and towns around the state experience significant increases in business activity and municipal tax collection when they serve as locations for production. Gas stations, lumber yards, grocery stores, coffee shops and restaurants, hotels, theaters and other retailers all benefit when production occurs in their area.
7
Snowbate funds also support emerging Minnesota screenwriters and filmmakers in their efforts to create regionally significant independent films in their home state.
8
Film and television production is a green industry that requires no state infrastructure investment for jobs creation and brings an immediate return on investment to the state.
