Tag: national association of broadcasters
Emmy, Tony and Grammy Award-winning actor, singer, director, composer, and playwright Billy Porter will receive the NAB Show New York Impact Award on Thursday, October 17.NAB President and CEO Gordon Smith will present the award at NAB Show New York, held October 16-17 at the Javits Convention Center. The NAB Show New York Impact Award honors the most innovative leaders in media and entertainment for their impact and influence on the overall industry, as well as in the city of New York. Porter will be acknowledged for his decades of success as an entertainer and his break-through performances. “Billy Porter is a creative force in the New York community and beyond. His talent, style and passion shine through in his roles as an actor, activist, singer, director, composer and playwright,” said NAB Senior Vice President of Communications Ann Marie Cumming. “It is an honor to present Mr. Porter with this esteemed award for his impact and influence as he continues to drive the industry forward through his artistry both on and off-screen.” Porter currently stars in the FX series “Pose,” for which he has received an Emmy Award as well as Golden Globe and Critics Choice nominations for Best Actor in a Drama Series. Created by Steven Canals, Brad Falchuk and Ryan Murphy, “Pose” is set within New York City’s influential and underground LGBTQ ball culture scene of the 1980s. Other select television credits include “The Get Down,” “Law & Order: Special Victims Unit,” “The Big C,” "Law & Order,” as well as a season-long recur in “American Horror Story: Apocalypse.” Also a veteran of the theater, Porter originated the role of ‘Lola’ in the Broadway musical “Kinky Boots,” for which he won the Tony for Best Actor in a Musical, a Drama Desk Award, an Outer Critics Circle Award in 2013, and a Grammy in 2014 for the cast album. Porter will next be seen co-starring with Tiffany Haddish, Rose Byrne and Salma Hayak in Paramount Pictures' feature film, “Like A Boss.”
The local commercial broadcast television and radio industry generates $1.17 trillion of Gross Domestic Product (GDP) and 2.47 million jobs through direct and stimulative effect on the American economy, found a new study by Woods & Poole Economics with support from BIA Advisory Services.
The analysis examines local broadcasting’s impact on the economy through direct employment, its ripple effect on other industries and as an advertising medium for messaging consumers. Local radio and television’s influence on the national economy as well as all 50 states and the District of Columbia is broken out in the study.
“America’s local broadcast radio and TV stations play a unique role in every community across the country. They keep citizens informed with local news, viewers entertained with the most-watched programming and families safe with lifeline emergency information,” said NAB President and CEO Gordon Smith. “But broadcasting plays a pivotal economic role as well, creating hundreds of thousands of well-paying jobs while helping hometown small businesses reach local consumers through advertising.”
The study found that direct employment from local commercial broadcasting, which includes jobs at local television and radio stations as well as in advertising and programming, is estimated at more than 318,000 jobs, generating more than $53 billion annually in economic impact. Broadcast television accounts for over 188,000 of these jobs, as well as more than $31 billion in GDP, while broadcast radio provides over 130,000 jobs that result in more than $21 billion in GDP.
Of the 318,000 jobs provided through direct employment, about one-third are tied to industries supporting local broadcasting.
“Other industries are impacted by local television and radio broadcasting because they provide goods and services used in creating local television and radio broadcasting and advertising,” said the study. “Industries as varied as telecommunications, public utilities, manufacturing, transportation and retail trade provide inputs into the production of local television and radio broadcasting.”
The study also examined the ripple effect employment in local broadcast television and radio has on local economies through the consumption of goods and services by industry employees. Local broadcasting has a ripple effect on other industries of over $132 billion in GDP and more than 794,000 jobs, the report concluded.
“The income from local television and radio broadcast jobs flows through the economy creating additional jobs and income in various economic sectors,” said the study. “A job in local television and radio broadcast stations multiplies itself by helping create jobs in construction, farming, mining, state and local government and all other economic sectors. The workers in the industries supplying goods and services to local television and radio broadcast workers in turn consume goods and services.”
Local broadcasting's largest impact on the American economy stems from its role as a forum for advertising of goods and services that stimulates economic activity, Woods & Poole found. The study estimated local broadcast TV and radio advertising generated over $988 billion in GDP and supports 1.36 million jobs.
“Local television and radio advertising serves an important role for both consumers and businesses in providing economic information on product prices and features,” said the study. “Reaching all United States households, local broadcast television and radio stations provide consumers with highly valued marketplace information and businesses with immediate economic and competitive intelligence. In this way, broadcast television and radio stations have their most significant impact on economic growth.”
Woods & Poole analyzed only local commercial broadcast radio and television stations including locally owned and operated commercial stations, network affiliate stations and independent stations. Noncommercial radio and TV stations and the operations of over-the-air broadcast networks were not part of the analysis, except for networks' owned-and-operated local television stations. The study was commissioned by the National Association of Broadcasters.
Woods & Poole senior economist Martin Holdrich is available to answer questions regarding the study. He can be contacted at (202) 332-7148 or email@example.com..