Statement from Senator Chris Dodd on the Passage of TPA in the Senate
FOR IMMEDIATE RELEASE
May 22, 2015
Statement from Senator Chris Dodd on the Passage of TPA in the Senate
WASHINGTON, DC – The following is a statement from MPAA Chairman and CEO Senator Chris Dodd on the passage of trade promotion authority (TPA) in the Senate:
“We are very pleased with the Senate’s vote to advance trade promotion authority (TPA). The American motion picture industry relies heavily on trade with foreign markets for economic growth that creates jobs here at home. Our industry supports 1.9 million American jobs, generating over 70% of theatrical revenue overseas and registering a positive services trade surplus of $13.4 billion. Today’s passage of TPA is an important step towards completing meaningful trade agreements like TPP that will allow our industry to continue this growth in some of the world’s largest and most important markets.
We’d like to thank Senate Majority Leader McConnell, Chairman Hatch, and Ranking Member Wyden for their leadership on this issue. And we look forward to continue working with Congress to expeditiously advance TPA in the House.”
INFOGRAPHIC: Earlier today, the MPAA released an infographic detailing the link between trade, movies, and American jobs. Here’s a link.
About the MPAA
The Motion Picture Association of America, Inc. (MPAA) serves as the voice and advocate of the American motion picture, home video and television industries from its offices in Los Angeles and Washington, D.C. Its members include: Walt Disney Studios Motion Pictures; Paramount Pictures Corporation; Sony Pictures Entertainment Inc.; Twentieth Century Fox Film Corporation; Universal City Studios LLC; and Warner Bros. Entertainment Inc.
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For more information, contact:
MPAA Washington, D.C.
Kate Bedingfield
(202) 293-1966
Kate_Bedingfield@motionpictures.org