New IIPA study also finds software and other core copyright industries employ more than 5 million US workers in high-paying jobs
Washington, DC — November 2, 2011 —
Software and other core US copyright industries contributed $932 billion to the US economy in 2010 — nearly 7 percent of the country’s gross domestic product — according to a new report from the International Intellectual Property Alliance, a coalition that includes the Business Software Alliance and six other copyright industry associations.
Among the new study’s other key findings:
- The US industries most dependent on copyright protection in 2010 employed nearly 5.1 million US workers in jobs paying an average of 27 percent more than the rest of the workforce.
- Core copyright industries accounted for more than $134 billion in foreign sales and exports last year — far more than the aircraft, auto, or agriculture industries.
- Despite the difficult recessionary period of 2008–2009, core copyright industries have fared better than the rest of the US economy, growing at an aggregate annual rate of 1.1 percent.
“This report underscores yet again the extraordinary resilience of software and the other copyright industries in the face of difficult economic times,” said Business Software Alliance President and CEO Robert Holleyman. “Copyright industries are creating jobs and driving growth throughout the economy, and the reason is simple — we are producing creative and innovative products that are in high demand around the world.”
Released today on Capitol Hill with Reps. Bob Goodlatte (R-Va.) and Adam Schiff (D-Calif.), leaders of the Congressional International Anti-Piracy Caucus, IIPA’s annual study details the economic contributions of America’s core copyright industries, which include theatrical films, TV programs, home video, DVDs, business and entertainment software, books, music and sound recordings. The study also examines the broader impact of industries partially dependent on copyright protections, and industries that support or are interdependent with copyright industries.
Click here for a copy of “Copyright Industries in the US Economy: The 2011 Report.”
The Business Software Alliance (www.bsa.org) is the leading global advocate for the software industry. It is an association of nearly 100 world-class companies that invest billions of dollars annually to create software solutions that spark the economy and improve modern life. Through international government relations, intellectual property enforcement and educational activities, BSA expands the horizons of the digital world and builds trust and confidence in the new technologies driving it forward.
Jordan Lubowitz, 202-326-1776