IP Behind the Scenes: The Oscars

Intellectual Property The Oscars Behind the Scenes: The Oscars may look like all glitz and glam, but behind the scenes there's something you might not expect-intellectual property. IP-Intensive industries The average production budget for an Oscar winning film is $17 million, less than 1% of what it costs to account for 27.1 Million American jobs – including 1.9 million film industry jobs. bring a drug to market. Intellectual property affects every part of our lives - from the films we see to the IP supports the tools of the trade too – there medicines we take. By protecting innovation, we can improve and enrich the lives of people around the world. are 14,061 patents for movie cameras in the Unites States Sources: http://www.uspto.gov/news/publications/IP_Report_March_2012.pdf http://dpeaflcio.org/wp-content/uploads/IP-Theft-Fact-Sheet-2013.pdf http://www.mpaa.org/Resources/3037b7a4-58a2-4109-8012-58fca3abdf1b.pdf http://www.mpaa.org/Resources/92be6469-1d3c-4955-b572-1d3f40f80787.pdf LillyPad Lete,