Let Money Fly

There used to be a time within the entertainment business where a picture, a painting or a song was enough to fill the hearts and souls of the public; money was second to passion. However, because of the times we live in, the entertainment industry is driven by money. The decision whether a movie or event is established is determined by how much income will it generate for the producers and the performers in the event, but money itself is not the only factor the way the entertainment industry is seen. In the article Does Capitalism Destroy Culture? by Michael Matheson Miller, a critique of capitalism, states that “Capitalism has profound effects on culture and it is a mistake to think that that the market economy is neutral or that markets left to their own devices will work everything out for the best.” (Miller, 2013). The economy is not the only one to blame for this, but many leaders within the industry care about the finances. 

Because of this, entrepreneurs like myself that wish to tap into a “virgin” industry have to understand not only how the entertainment industry work, but also how to evaluate the company’s finances to meet our needs and what others are willing to pay for the services provided. The RPA industry is going to become one of the biggest markets in different industries and will have a significant influence within the entertainment industry. Not only will it provide producers, directors and artists to follow their passions with freedom that was limited to heavy equipment and large aircraft, but it will also provide feasible solutions for different applications. The operating costs of an RPA are fractions of having a crew to operate helicopters, aircrafts and heavy equipment and the earning potential is only limited to the capabilities of the operator. According to Ben Wolfgang, editor for the Washington Times, “Private-sector drones — also called unmanned aerial systems or UAVs — will create more than 70,000 jobs within three years and will pump more than $82 billion into the U.S. economy by 2025” (Wolfgang, 2013). What is good for RPA enthusiasts like myself is that a significant portion of those $82 billion dollars will come from the entertainment industry.

In the near future, RPA's will be capturing moments, laughs and dreams from the ground up.