Interactive Ontario
Organization1 report
Interactive Ontario is an industry association for Ontario's interactive entertainment sector, focused on its economic and creative growth. It publishes research such as a report on the impact of COVID-19 on the province's interactive digital media industry.
Documents
Report20 pages
Measuring the Impact of COVID-19 on the IDM Industry: Ontario (Revised Highlights)
This Nordicity analysis, prepared for Interactive Ontario, measures how COVID-19 affected Ontario's interactive digital media (IDM) sector as of early-to-mid April 2020.
- Surveyed Ontario IDM companies reported an average monthly revenue decline of 38% as of early-to-mid April 2020, with roughly a quarter seeing drops of 81% or more and an average of 33 days of revenue impact as of April 9, 2020.
- Respondents projected an average 2020 loss of $168,400 per company, an estimated $67 million across the sector, though many remained uncertain about their full-year outlook.
- Average unrecoverable or additional costs stood at $25,900 per company (an estimated $8.3 million sector-wide), with anticipated additional monthly costs averaging $9,900.
Interactive OntarioApr 2020