Entertainment Industry

Times Square in New York City, the hub of the Broadway theater district[1] and one of the world's busiest pedestrian intersections[2][3]

Show business, sometimes shortened to show biz or showbiz (since c. 1945),[4] is a vernacular term for all aspects of the entertainment industry.[4] From the business side (including managers, agents, producers, and distributors), the term applies to the creative element (including artists, performers, writers, musicians, and technicians) and was in common usage throughout the 20th century, although the first known use in print dates from 1850.[5][6][7] At that time and for several decades, it typically included an initial the.[4] By the latter part of the century, it had acquired a slightly arcane quality associated with the era of variety, but the term is still in active use. In modern entertainment industry, it is also associated with the fashion industry (creating trend and fashion) and acquiring intellectual property rights from the invested research in the entertainment business.[8]

Industry

The global media and entertainment (M&E) market, including motion pictures, television programs and commercials, streaming content, music and audio recordings, broadcast, radio, book publishing, video games, and ancillary services and products) was worth $1.72 trillion in 2015, $1.9 trillion in 2016, with extrapolations ranging to $2.14 trillion by 2020. About one third of the total ($735 billion in 2017) is made up by the U.S. entertainment industry, the largest M&E in the world. [9][10][11]

Sectors and companies

The entertainment sector can be split up into the following subsectors:

ISIC

The industry segment is covered by class "R" of the International Standard Industrial Classification: "Arts, entertainment and recreation"

See also

References

  1. ^ Ken Bloom (2004). Broadway: Its History, People, and Places : an Encyclopedia. Taylor & Francis. pp. 322-. ISBN 978-0-415-93704-7.
  2. ^ Pramis, Joshua (October 2011). "World's Most-Visited Tourist Attractions No. 1: Times Square, New York City". American Express Publishing Corporation. Archived from the original on 1 February 2015. Retrieved 2016.
  3. ^ "The Most Jivin' Streetscapes in the World". Luigi Di Serio. 2010. Archived from the original on 21 September 2014. Retrieved 2016.
  4. ^ a b c Oxford English Dictionary 2nd Ed. (1989)
  5. ^ The term is used to describe any and every aspect of the entertainment industry, with the "show" being the forms of entertainment and "business" being the goings on behind the scenes of those entertainment events
  6. ^ "Slanguage Dictionary". Variety. Archived from the original on 18 December 2015. Retrieved 2015.
  7. ^ T. Ford (1850) Peep behind Curtain vii. 26 (cited by the OED)
  8. ^ "Archived copy" (PDF). Archived (PDF) from the original on 3 September 2013. Retrieved 2017.
  9. ^ https://www.statista.com/statistics/237769/value-of-the-us-entertainment-and-media-market/
  10. ^ https://www.selectusa.gov/media-entertainment-industry-united-states
  11. ^ https://www.trade.gov/topmarkets/pdf/Top%20Markets%20Media%20and%20Entertinment%202017.pdf

  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.


Entertainment_industry
 

Manage research, learning and skills at IT1me. Create an account using LinkedIn to manage and organize your IT knowledge. IT1me works like a shopping cart for information -- helping you to save, discuss and share.


  Contact Us  |  About IT1me.com |  IT Training & References |  IT Careers |  IT Hardware |  IT Software |  IT Books