Insurance Risks Involved in TV And Movie Business, Numbers Revealed

Creating a Hollywood movie is not always as glamorous or safe as it sounds, It is not always multi millionaire actors who are in danger but sometimes insurance has to cover environmental losses too. Here, today we have some numbers from the big movie and TV franchises have to pay in terms of the insurance money. The average cost for a Hollywood movie is tallied at $60 million, and the payoff is not realized until viewers show up to view the final product on the big screen. Add to that risks such as terrorism, cast injuries and equipment malfunctions that can damage or slow film production, and moviemaking seems more like a wild, and sometimes unwise, adventure. Fortunately, the insurance industry is working behind the scenes.

Thanks to Aon Insurance for this infographic.

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