By The Associated Press The movie franchise, a science-fiction franchise based on a popular TV series, is helping drive the nation’s economy.
The industry is expected to grow by $2.4 trillion this year, according to estimates from the consulting firm PricewaterhouseCoopers.
It also employs more than 2.5 million people and produces more than $100 billion in revenue each year.
That is a significant increase from the $8.9 trillion in the same period a decade ago, according a PricewaterfieldCoopers report last year.
The impact of the new show is being felt by every industry, from retail to construction to health care.
The industry is also benefiting from a new wave of popular television shows like “The Walking Dead” and “The Big Bang Theory.”
The show is also helping to generate economic benefits for millions of people.
“Star Trek” has generated $20 billion in annual revenue for CBS Corp., a corporation that produces shows for networks and is part of CBS Corp.’s parent company.
CBS Corp. said its financial results for the fiscal year ended Dec. 31 were up about 20% from a year ago.CBS Corp. has invested about $100 million in the franchise.
“We are thrilled that Star Trek has provided such strong economic returns,” CBS Corp.-owned Paramount Pictures Corp. Chairman Amy Pascal said in a statement.
“This franchise will continue to help us build on the great accomplishments we have made at Paramount and beyond.”
The franchise’s success has made the franchise the No. 1 entertainment property for adults 18-49 in the U.S., according to the Entertainment Software Association.
The show has been a hit with younger viewers and is widely distributed online.
Pricewaterhouse Coopers said the growth in the economy from the show is due in part to a boom in Internet viewing.
Predictably, “Star Trek’s” ratings have been off.
In its latest quarter, the show’s average rating for adults under 30 was a disappointing 3.3.
That’s down from 3.6 in the prior quarter, when it was up.
The decline was also steeper for young viewers.
The ratings for the show have also been down in recent months, said Mark Harris, senior vice president of research at the company.
The ratings for other shows are also down.
Penguin Random House says it expects to generate $4.5 billion in earnings this year.
The publisher of the book series “Keeper of the Flame” said the company expects earnings of about $2 billion this year from sales of “Star Wars: The Force Awakens.”
The series also generated more than half of the revenue from licensing rights, with royalties and book sales contributing $3.9 billion, according.