Lack of diversity in Hollywood costs industry $10B, study says
For years, researchers have said a lack of diversity in Hollywood films doesn’t just poorly reflect demographics, it’s bad business.
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For years, researchers have said a lack of diversity in Hollywood films doesn’t just poorly reflect demographics, it’s bad business.
The film and television business is a $148 billion industry, but consulting firm McKinsey & Company has found that the lack of Black-led projec...
A McKinsey report that combined previous research and new interviews argues that concrete steps like company bonuses tied to improved representation can lead to change.
Hollywood Losing $10B in Potential Annual Revenue From Black Inequity, Says McKinsey Report Rebecca Sun Black Inclusion in Hollywood As Hollywood companies and affiliated organizations scramble to hire diversity experts and strategists as part of their public commitments to inclusion, management consulting powerhouse McKinsey & Co. has applied its analytic expertise to the industry as a whole in a report diagnosing the experience of Black professionals working in entertainment. Penned by McKinsey partners Jonathan Dunn, Sheldon Lyn and Ammanuel Zegeye and consultant Nony Onye...
NEW YORK - For years, researchers have said a lack of diversity in Hollywood films doesn’t just poorly reflect demographics, it’s bad business. A new study by the consulting firm McKinsey & Company estimates just how much Hollywood is leaving on the table: $10 billion.