By Alexandria Autrey
PARK CITY, Utah – Sundance Institute announced Wednesday the 2013 Sundance Film Festival generated an overall economic impact of close to $70 million for the state of Utah.
According to the University of Utah’s Bureau of Economic and Business Research, the 2013 festival supported more than 1,047 jobs, generated over $56.8 million in international media exposure and provided $5.8 million in tax revenue.
Sundance Film Festival has brought in more than $375.6 million in economic activity, $21.9 million in tax revenue, supported more than 8,224 jobs and attracted more than 219,987 festival attendees during the last five years.
Gov. Gary Herbert said the festival is an asset to the state.
“Utah is truly proud to be the official Sundance Film Festival host state,” he said. “The festival not only promotes tourism and educational opportunities for local schools, it provides consistent economic value annually.”
More than 13,000 Utah residents participated in 2013 Sundance Film Festival Utah community programming. Notable events at the 2013 Festival included the annual Salt Lake Gala, attended by Governor Herbert and legislators as well as community leaders.
In the Governor’s welcoming remarks, he commented on the value of hosting the Festival in Utah, as evidenced by its cultural and economic impact on the state.