Movies

 As one of the most common forms of family entertainment movie's contribute to local economies throughout many parts of the world. Every weekend, for instance, the Des Moines Register lists the highest grossing films showing in our community that week. Although the tickets may cost only approximately ten dollars a piece, millions of people attend multiple movies throughout the year. And many times are spending money on concessions, and may very well shop at local retail stores before and after the showing. In addition to the actors, producers, directors, choreographers, and cameramen, who earn their money from the movies and are then investing their money back into the economy, they also create additional earnings for many retail outlets, and cable companies through DVD's and Pay-per-view. One example of another way that movies can effect a local economy is something that happened with a production called After Dark Film production company, here in Iowa. They came to Iowa with great expectations of receiving tax credits worth $400,000 to make films, which Iowa offered them as incentive to bringing new, exciting industry to the state of Iowa. However, after only producing a couple of films, it was discovered that the tax credits were being  misused. Head of Iowa Film office, Tom Wheeler, and others, were inappropriately using the tax credits. When it was discovered the film company was going to sue, so the state of Iowa settled with After Dark productions and paid them roughly a half a million dollars in taxpayers money. And then they left and decided not to do business in Iowa anymore. Therefore, in this case, the film industry was bad for the local economy instead of productive.

filmindustrynetwork.biz/state-forced-to-pay-43000-to-film-production-company-for-fraud/6540
cinemorall.com/cinemarolling/film-the-top-10-money-making-movies-of-all-time