With the announcement of a 2010 calendar year total of $92 million in revenue generated from film and production, the Nevada Film Office's (NFO) total cumulative recorded revenues have now surpassed $2 billion since its inception in 1982.
"What impresses me most about the production revenue figures reaching $2 billion is the fact that the first billion took 19 years to be generated while the second billion took only nine years," said Nevada Lt. Gov. Brian Krolicki, Chair of the Nevada Commission on Economic Development (NCED), which oversees the NFO.
The major product helping the NFO generate revenue is the recently released 2011 Nevada Production Directory (NPD). This "yellow pages" of Nevada production resources attracts hundreds of film projects a year to the state, aiding the NFO in generating approximately $100 million plus in revenues annually.