Motion Picture Association - Latin America

??Check out this impressive new report from Olsberg?SPI on the potential economic impact of a federal #audiovisual production incentive in #Brazil. ?? Key takeaway: If a federal incentive was introduced in 2024 with an annual budget cap of US$100 million, the audiovisual production sector in Brazil could generate up to US$1.03 billion (R$5.15 billion) in direct production spend, and employ approximately 15,500 people.?? #film #streaming #entertainment #latinamerica

Congratulations to Mexico’s newly elected Pres Claudia Sheinbaum! Last year, Motion Picture Association presented President Sheinbaum with our 2023 MPA Industry Champion Award—the first Latin American receiving this prize—for presiding over record growth in production in Mexico City and encouraged a new “Golden Era” of Mexican filmmaking that has brought economic prosperity and job creation!

?Felicidades a la recién electa Presidenta de México Claudia Sheinbaum! El a?o pasado, Motion Picture Association entregó a la Pres Sheinbaum nuestro premio MPA—siendo la primera latinoamericana en recibir este reconocimiento—por liderear un crecimiento récord en la producción audiovisual en la CDMX y promover una nueva “Era Dorada” del cine mexicano, que ha traído prosperidad económica y creación de empleo!

Incredible insights from the new Oxford Economics study on the economic impact of the #audiovisual industry in Mexico: ?? In 2022, the audiovisual industry contributed a staggering MXN$228.8 billion, accounting for nearly 1 percent of Mexico's GDP. ???? In the same year, the industry played a pivotal role in job creation, supporting (directly and indirectly) 200,000 jobs in Mexico. And workers in the audiovisual industry are nearly three times as productive as the average Mexican worker. ?? For every MXN$10 million of value created directly by the audiovisual industry, there was an additional economic contribution to Mexico's GDP worth MXN$6.5 million, implying a GDP multiplier of 1.6. These figures tell a story of economic growth and opportunity, job creation and cultural vibrancy. Let's keep up the momentum! #Mexico #film #TV #streaming Motion Picture Association Carlos Monroy Carla SánchezArmas Canacine México