Hoping to show the importance of film and TV production to area businesses and residents, Warner Bros. release report that offers a rare glimpse
Posted by
con_carne
Aug 1 '12, 11:35
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In 2010, the total amount of expenditures in LA County was over $4 billion.
- $1.58 billion on products and services from companies across Los Angeles County
- $2.5 billion in wages and residuals to county residents
Warner's total spending of more than $4 billion in the county was an increase of nearly 30% from 1999, largely reflecting a growth in television production, according to a study the studio conducted of its local expenditures.
That year in the city of Burbank, the studio spent $3.4 million on construction supplies, $2.4 million on food and catering purchases, $142.5 million on editing and postproduction services and $18 million on posters and other advertising materials.
22 feature films were produced on the Burbank lot in 2006. That number dropped to just 10 in 2011, including such films as"J. Edgar"and "Argo." Nonetheless, overall spending increased because of the growth of cable television programs and such talks shows as "Ellen" and "Conan." Warner is the industry's largest TV producer and last year housed 26 pilots and TV series, including "Chuck" and "The Middle."
Like other studios, Warner was buffeted by the recession and the industry-wide decline in DVD sales. In 2009, the studio cut 800 jobs. Warner employs 10,000 to 12,000 people at its facilities in the Burbank area.
Despite the job cuts, the studio's overall spending on wages and residuals in Los Angeles County has held steady in the last five years. Warner said its payroll expenses in the county in 2010 were $2.5 billion, virtually unchanged from 2006 and up from $1.82 billion in 1999.
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