Martial Arts Industry
Martial arts since the 1970s has become a significant industry, a subset of the wider sport industry (including cinema and sports television).
Hundreds of millions of people worldwide practice some form of martial art. Web Japan (sponsored by the Japanese Ministry of Foreign Affairs) claims there are 50 million karate practitioners worldwide. The South Korean government in 2009 published an estimate that Taekwondo is practiced by 70 million people in 190 countries.
The wholesale value of martial arts related sporting equipment shipped in the United States was estimated at 314 million USD in 2007; participation in the same year was estimated at 6.9 million (ages 6 or older, 2% of US population). R. A. Court, CEO of Martial Arts Channel, stated the total revenue of the US martial arts industry at USD 40 billion and the number of US practitioners at 30 million in 2003. Ultimate Fighting Championship generated a revenue of about USD 250 million in 2008, about 90% of the entire Mixed Martial Arts industry. World Wrestling Entertainment had a revenue of USD 1.4 billion.
Read more about this topic: Martial Arts
Famous quotes containing the words martial, arts and/or industry:
“Lie lightly on her, turf and dew:
She put so little weight on you.”
—Marcus Valerius Martial (c. 40–104)
“The present is an age of talkers, and not of doers; and the reason is, that the world is growing old. We are so far advanced in the Arts and Sciences, that we live in retrospect, and dote on past achievement.”
—William Hazlitt (1778–1830)
“My plan of instruction is extremely simple and limited. They learn, on week-days, such coarse works as may fit them for servants. I allow of no writing for the poor. My object is not to make fanatics, but to train up the lower classes in habits of industry and piety.”
—Hannah More (1745–1833)