I have had a very interesting set of email exchanges with the Legislative Analysis Office and the DOF(Department of Finance). I will be writing more and linking to the exchanges in the future buy I just thought I would throw this one entire paragraph out there for discussion. There is much more very interesting information.
As we note in the analysis, there is little or no verifiable data on the size of California’s adult film industry. There have been many ranges suggested over time in discussions of prior legislative proposals, including prior estimates that the industry generates many billions of dollars of annual economic activity in California. As you will see in our analysis, our office and DOF assumed that the economic activity directly related to adult film production in the state ranged from hundreds of millions of dollars to, at most, a few billion dollars per year. This is significantly lower than some prior estimates have suggested. The state’s economy, in total, generates over $2 trillion of economic output annually, so, by any measure, this industry is a very small part of the California economy, even though California is a leader in adult film production, compared to other states.
As you will also see in future posts, none of the numbers presented are backed up with any data, or any kind, and the LAO states that as soon as the initiative qualifies for the ballot a new analysis will be done.
One Response
If it ever did make billions of dollars it would have been back in the 70s and 80s (and I doubt even then). To get those kinds of numbers now you would have to include the money made from escorting and everyone knows those numbers would be masked by smoke and mirrors.