Show business

{{Short description|Vernacular term for the entertainment industry}} {{Other uses}} {{Use dmy dates|date=September 2022}} {{Wiktionary}} [[File:1 times square night 2013.jpg|thumb|320px|Times Square in New York City, the hub of the Broadway theater district,<ref name="Bloom2004">{{cite book|author=Ken Bloom|title=Broadway: Its History, People, and Places : an Encyclopedia|url=https://books.google.com/books?id=fYbYyQjHwdsC&pg=PA322|year=2004|publisher=Taylor & Francis|isbn=978-0-415-93704-7|pages=322–}}</ref> "the Center of the Entertainment Universe",<ref>{{cite web|url=https://www.forbes.com/sites/melissakravitz/2022/10/20/caesars-unleashes-plan-for-a-casino-in-times-square/|title=Caesars Unveils Plan For A Casino In Times Square|author=Melissa Kravitz Hoeffner|work=Forbes|date=October 20, 2022|access-date=December 13, 2022|quote= Times Square is the center of the entertainment universe.}}</ref> and one of the world's busiest pedestrian intersections<ref name="Joshua Pramis">{{cite web |last=Pramis |first=Joshua |url=http://www.travelandleisure.com/articles/worlds-most-visited-tourist-attractions/2 |title=World's Most-Visited Tourist Attractions No. 1: Times Square, New York City |publisher=American Express Publishing Corporation |date=October 2011 |access-date=December 19, 2022}}</ref><ref>{{cite web |url=http://www.diserio.com/streetscapes.html |title=The Most Jivin' Streetscapes in the World |publisher=Luigi Di Serio |year=2010 |access-date=December 19, 2022}}</ref>]] '''Show business''', sometimes shortened to '''show biz''' or '''showbiz''' (since {{circa}} 1945),<ref name=oed/> is a vernacular term for all aspects of the entertainment industry.<ref name=oed>''Oxford English Dictionary'' 2nd Ed. (1989)</ref> From the business side (including managers, agents, producers, and distributors), the term applies to the creative element (including artists, performers, writers, musicians, and technicians) and was in common usage throughout the 20th century, though the first known use in print dates from 1850.<ref>The term is used to describe any and every aspect of the entertainment industry, with the "show" being the forms of entertainment and "business" being the goings on behind the scenes of those entertainment events</ref><ref>{{cite web|url=https://variety.com/static-pages/slanguage-dictionary/#s|title=Slanguage Dictionary|work=Variety|date=20 February 2013|access-date=20 December 2015|url-status=live|archive-url=https://web.archive.org/web/20151218071350/https://variety.com/static-pages/slanguage-dictionary/#s|archive-date=18 December 2015}}</ref><ref>T. Ford (1850) ''Peep behind Curtain'' vii. 26 (cited by the OED)</ref> At that time and for several decades, it typically included the initial definite article ''the''.<ref name=oed/> By the latter part of the century, it had acquired a slightly arcane quality associated with the era of variety, but the term was still in active use. In modern entertainment industry, it is also associated with the fashion industry (creating trend and fashion) and acquiring intellectual property rights from the invested research in the entertainment business.<ref>{{cite web |url=https://learcenter.org/pdf/RTSSinnreichGluck.pdf |title=Music & Fashion: The Balancing Act Between Creativity and Control |access-date=14 July 2017 |url-status=live |archive-url=https://web.archive.org/web/20130903050425/http://www.learcenter.org/pdf/RTSSinnreichGluck.pdf |archive-date=3 September 2013}}</ref>

==Industry== The global media and entertainment (M&E) market, including film, television shows and advertising, streaming media, music, broadcasting, radio, book publishing, video games, and ancillary services and products was worth US$1.72 trillion in 2015, $1.9 trillion in 2016, and estimated at $2.14 trillion in 2020. About one third of the total ($735 billion in 2017) is made up by the U.S. entertainment industry, the largest M&E market in the world.<ref>{{cite web|url=https://www.statista.com/statistics/237769/value-of-the-us-entertainment-and-media-market/|title=U.S. entertainment and media industry 2011–2020 – Statistic|website=Statista}}</ref><ref>{{cite web |title=Media & Entertainment Spotlight |url=https://www.selectusa.gov/media-entertainment-industry-united-states |website=www.selectusa.gov |access-date=27 February 2022 |language=en}}</ref><ref>{{Cite web |url=https://www.trade.gov/topmarkets/pdf/Top%20Markets%20Media%20and%20Entertinment%202017.pdf |title=2017 Top Markets Report Media and Entertainment |access-date=13 November 2018 |archive-date=6 December 2018 |archive-url=https://web.archive.org/web/20181206031711/https://www.trade.gov/topmarkets/pdf/Top%20Markets%20Media%20and%20Entertinment%202017.pdf |url-status=dead }}</ref>

===Sectors and companies=== {{Further|:Category:Entertainment companies}}

The entertainment sector can be split up into the following subsectors:{{Citation needed|date=May 2020}}

* Amusement parks * Animation * Broadcasting * Circus * Event management * Film * Gambling * Game manufacturers * Home video and its distributors * Literature * Media * Music * Politics * Publishing * Sex industry * Sports * Talent agency * Theatre production * Sports entertainment

===ISIC=== The industry segment is covered by class "R" of the International Standard Industrial Classification: "Arts, entertainment and recreation".

==References== {{Reflist}}

Category:Entertainment industry Category:Performing arts