Loudoun Times-Mirror
April 7, 2009
Jack Goldstone
These days, states are competing for jobs. High-paying, non-polluting, creative and rewarding jobs are the most fiercely contested. Most of these gains will take place over the long term, through smart investments in high-growth industries, such as green energy. But there is one often-overlooked industry that can immediately bring revenue and jobs into the Commonwealth: the entertainment and film industry.
The entertainment and film industry is a trillion-dollar global behemoth. Production costs of a single major film average around $100 million. Even filming a single car or fashion commercial can generate hundreds of thousands of dollars in local business, not to mention the publicity value of showing attractive locales to potential tourists and business investors.
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