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The American App Economy Is Now "Bigger Than Hollywood"

Lemeowski writes Technology business analyst Horace Deidu found an interesting nugget while closely examining an Apple press release from earlier this year: "The iOS App Store distributed $10 billion to developers in 2014, which, Deidu points out, is just about as much as Hollywood earned off U.S. box office revenues the same year." That means the American app industry is poised to eclipse the American film industry. Additionally, Apple says its App Store has created 627,000 jobs, which Deidu contrasts with the 374,000 jobs Hollywood creates

3 of 135 comments (clear)

  1. Uh oh, NOW you've done it... by NotDrWho · · Score: 3, Insightful

    Soon, James Cameron will rip his shirt off, scream "NOT FOR LONG, MOTHERFUCKERS!" and return from a week-long free-dive of the Titanic to direct a new blockbuster that will dominate the world in a way that YOUR LITTLE MIND CAN'T EVEN IMAGINE!

    --
    SJW's don't eliminate discrimination. They just expropriate it for themselves.
  2. Re:Bad comparaison by jofas · · Score: 4, Insightful

    Also, it's a bit of a 90s way to measure Hollywood revenue to look at "box office" sales.

  3. Re:Bad comparaison by Anonymous Coward · · Score: 3, Insightful

    The US app store may be locked to US residents, but there is an Apple App Store for damn near every country, and both TFA and TFPR are clear that the $10 billion App Store figure is global, while the $10 billion box office domestic. Global box office revenue is in the $30 billion dollar range, and if you want to make the claim that something is "bigger than Hollywood" you need to account for box office+blu ray/DVD+streaming+TV licensing+merchandising, so you can probably double that again.