As movie theaters across the United States remain dark, movie productions stay shuttered and thousands find themselves out of work for the near future, the Motion Picture Association welcomed the passage of federal aid Friday, hoping to bring urgently needed relief to the industry. “The Motion Picture Association applauds Secretary Mnuchin and Congress on the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act,"Charles Rivkin, chairman and CEO of the organization, said in a statement. "The ongoing COVID-19 crisis is a threat to the entire global economy, including creative industries.
In the United States alone, the film, television, and streaming industry supports 2.5 million jobs and 93,000 small businesses — 87.