The 2018 Otis Report on the Creative Economy will be released on May 22, 2018, in the Forum at Otis College of Art and Design.
The program will include remarks by Shawn Johnson, Vice President of Experience Design and Innovation for NBCUniversal, where he leads an Emmy award-winning team to deliver innovative and multi-platform apps, products, and experiences for some of the biggest shows on television today. Johnson will share his perspective on the changing needs of the creative economy and the movement toward design thinking. Johnson is an alumnus of Otis College of Art and Design.
At the event, key findings from the California and Los Angeles reports will be unveiled. To attend the event, register online.
The 2017 Otis Report was released with remarks by Cheryl Boone Isaacs, president of the Academy of Motion Picture Arts. Highlights about California’s creative economy from the 2017 Otis Report include the following:
- Creative economy output totaled $406.5 billion (direct, indirect, and induced).
- The creative economy generated 1.6 million jobs (direct, indirect, and induced), and those wage and salary workers earned $136 billion in total labor income.
- Property taxes, state and local personal income taxes, and sales taxes directly and indirectly generated by the creative industries totaled $16.7 billion across all of California.
- The largest direct job counts in California’s creative sector were in entertainment (171,500), publishing and printing (154,200), and fashion (119,800). Together, these three industries accounted for 60 percent of direct creative industries employment in California.
Since its inception in 2007, Otis College of Art and Design has commissioned the Los Angeles County Economic Development Corporation (LAEDC) to generate the Annual Report on the Creative Economy of the Los Angeles Region (Otis Report). The Otis report is an invaluable tool to assess the tremendous impact and influence of the Los Angeles area's creative sector on the state and regional economy. The report will be available for download online at www.otis.edu/otis-report-creative-economy on May 22, 2018 at 10am.
May 22, 2018 10am-12pm
Otis College of Art and Design
9045 Lincoln Boulevard, Los Angeles, CA 90045
10:00 am Registration and Reception
10:30 am Program
Follow updates on social media using #OtisReport.
Funding for the 2018 Otis Report on the Creative Economy has been provided by the California Arts Council, City of Los Angeles Department of Cultural Affairs, City National Bank, Marsh, Mattel, and Moss Adams.