Le Lézard
Classified in: Business
Subject: ECO

Warner Bros. Television's Riverdale is a hit for British Columbia's economy, spending over $60 million and creating over 1,000 jobs in two seasons of production


VANCOUVER, Nov. 29, 2017 /CNW/ - An economic analysis released today highlights the substantial positive impact the production of Riverdale has in communities across British Columbia.

Warner Bros. Television's Riverdale is a hit for British Columbia's economy (CNW Group/Motion Picture Association - Canada)

"Riverdale's impact study demonstrates how the motion picture industry provides well paying, family supporting jobs that make life better for British Columbians," said Lisa Beare, Minister of Tourism, Arts & Culture. "The breadth of economic impact this industry provides supports a strong and sustainable economy."

The report by Canada's MNP LLP examines the first season of the Archie Comics reboot to assess the economic impact of two seasons of production. The report estimates that the combined spending in B.C. in the first two seasons of Riverdale totals $60.4 million. Riverdale's first season alone created 1,041 jobs, with total spending in the province of over $22.4 million.

B.C. production crew and other labour received 75% of the total B.C. expenditure, while the remaining 25% was spent on purchases of B.C. goods and services.

British Columbians who tune into Riverdale will see plenty of familiar locations, as the series shot in 31 communities across the province. Vancouver's Strathcona and New Westminster neighbourhoods provided homes for Archie and Betty, while Lord Byng, Point Grey, and John Oliver Secondary Schools have each played the part of Riverdale High. Nearby Alouette Lake took on the role of Sweetwater River. Outside of Vancouver, production took place in 15 B.C. communities, including Maple Ridge, Mission, Fort Langley, and Burnaby.

"Locating Riverdale in Langley has provided access to a host of great untapped locations, which has added to the look of the show," said producer Connie Dolphin, "we look forward to a season 2 in British Columbia."

"More than 600 of our professional artists and technicians are thrilled to see their work on Riverdale hit the screen," said Phil Klapwyk, IATSE 891 Business Representative. "Productions like this prove that great jobs for average British Columbians are a crucial part of the creative economy."

"We're very proud of the collaboration that delivers Riverdale," said Prem Gill, CEO of Creative BC. "Warner Brothers, our skilled industry workforce and the locations and communities that host the show all contribute to make B.C.'s motion picture economy successful."

"Riverdale is not only an enormous hit with viewers, it is a huge success for the B.C. economy said Wendy Noss, President, Motion Picture Association-Canada. In its first season alone, Riverdale spent over 22 million, engaged 773 vendors from 31 communities across B.C., and has resulted in spin-off tourism benefits for the province as fans flock to iconic locales across the lower mainland.

About MPA-Canada:
The Motion Picture Association ? Canada (MPA-Canada) serves as the voice and advocate of the major international producers and distributors of movies, home entertainment and television programming in Canada and is an affiliate of the Motion Picture Association of America, Inc. (MPAA). The motion picture studios we serve include: Walt Disney Studios Motion Pictures; Paramount Pictures Corporation; Sony Pictures Entertainment Inc.; Twentieth Century Fox Film Corporation; Universal City Studios LLC; and Warner Bros. Entertainment Inc.

About MNP LLP:
MNP is the fastest growing chartered accountancy and business advisory firm in Canada. Founded in 1945, MNP has grown to more than 70 offices and nearly 3,000 team members. MNP is a member of Praxity, a global alliance of leading business advisory firms.

To read the MNP analysis, click here
Follow us on Twitter

SOURCE Motion Picture Association - Canada


These press releases may also interest you

at 21:00
OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today published a report titled 'Unlocking the Infinite Potential of Crypto and AI.' The report explores the convergence of AI and crypto, a major trend in...

at 20:50
Pharma (1167.HK), a clinical-stage oncology company drugging the undruggable targets, today announced its 2023 annual results. The revenue was RMB63.5 million, the R&D investment was RMB372 million, the cash and cash equivalent at the end of 2023 was...

at 20:45
The "Austria Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2024 Update" report has been added...

at 20:40
Osisko Development Corp. ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023"). Q4 2023 HIGHLIGHTS Operating, Financial and Corporate Updates: 2,090...

at 20:39
TSX VENTURE COMPANIES BULLETIN V2024-0926 VALLEYVIEW RESOURCES LTD. ("VVR")BULLETIN TYPE:  Resume TradingBULLETIN DATE: March 28, 2024TSX Venture Tier 2 Company Reference is made to our bulletin dated March 26, 2024 with respect to the listing of the...

at 20:30
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Sonder Holdings Inc. resulting from allegations that Sonder may have issued materially misleading business...



News published on and distributed by: