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MUMBAI:
Revenue for the motion picture and video production and distribution
industry in the US increased by seven per cent in 2007, reaching
$66 billion, according to the US Census Bureau.
Revenue
from web search portals increased by 25 per cent to $12.1
billion, and their online advertising space grew by 32.7 per
cent to $8.7 billion.
These new data come from the 2007 Service Annual Survey: Information
Sector Services, a series of tables that is part of a larger
survey that tracks economic activity in the services sector
which accounts for 55 per cent of economic activity in the
US.
The
Census Bureau’s service sector statistics division chief
Mark Wallace says, “Whether online news or a wireless
signal for a mobile phone, the unique products that make up
the information services sector play a significant role in
our everyday lives."
“Not only does this survey provide us with information,
but it also demonstrates how profoundly this sector contributes
to our overall economy," Wallace adds.
Other
details about the information sector include:
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Between
2006 and 2007, Internet publishing and broadcasting revenue
grew to $15.5 billion, a 20.4 per cent increase.
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The
revenue from domestic licensing of rights to television
programs grew by 10 per cent in 2007 from $9.5 billion
to $10.4 billion.
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Radio
networks increased their revenue by 17 per cent to $5.2
billion.
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Cellular
and other wireless telecommunications revenue increased
by 10.1 per cent between 2006 and 2007, from $156.7 billion
to $172.5 billion.
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Cable
and other program distribution revenue grew by 13.6 per
cent, from $88.8 billion to $100.8 billion.
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Internet
access revenue from cable and other programme distribution
grew by 19.8 per cent, from $13.8 billion to $16.5 billion,
while revenue from Internet access from Internet service
providers declined 9.2 per cent to $10.4 billion.
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Software publishing revenue grew by 8.7 per cent, from
$132.3 billion to $143.7 billion.
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Operating
systems software revenue grew by 15 per cent, from $16.3
billion to $18.7 billion.
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