California Business Minute™

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Hi, I am Tim Johnson and welcome to the California Business Minute.

The video game industry added nearly $5 billion to the GDP of the U.S. economy in
2009 according to a study commissioned by the Entertainment Software Association, ESA.

The report, "Video Games in the 21st Century: The 2010 Report" claims the industry
directly employs about 32,000 people in 34 states where gaming is produced and
indirectly employs 120,000 (video game media, manufacturing and distribution and
retail sales). The average industry employee has an annual compensation of $89,781.

There are six states, California, Texas, Washington, New York, Massachusetts and
Illinois that collectively employ over 23,000 or 74 percent of the total of the
employees engaged in this sector.

In 2009, 41 percent, or 13,041 of industry employees, call California home. Texas a
nd Washington are the next closest, with 3,307 and 2,987 (approximately 10 percent
apiece), respectively.

I am Tim Johnson and this has been the California Business Minute.

To view the report, go to: http://www.theesa.com/facts/pdfs/VideoGames21stCentury_2010.pdf