Latinos in Hollywood: Untapped Talent Could Add $18 Billion Annually to the Industry

Latinos account for 19% of the U.S. population and contribute over $3 trillion to the GDP. However, they are significantly underrepresented in Hollywood, both on-screen and behind the scenes. Despite their substantial contributions to the entertainment industry's revenue, Latinos hold less than 5% of leading roles and executive positions.

A report from McKinsey highlights that Latinos are avid consumers of Hollywood content, representing 24% of box office ticket sales and streaming subscribers. Per capita, they watch more films than any other ethnic group in the U.S., attending an average of 3.3 films annually. Despite this, less than half of major media companies include Latino representation in their boardrooms. Their representation in leading on-screen roles remains below 5%, and they occupy a similarly low percentage of executive and creative decision-making positions.

Financially, projects featuring Latino talent outperform their counterparts. Films with Latinos in key creative roles, such as producers, directors, or lead actors, generated 58% more revenue from 2013 to 2022 compared to those without. Television shows with Latino creators saw 60% higher ad impressions. The report estimates that improving Latino representation could add $12 billion to $18 billion annually to the industry, about 7-10% of its total revenue.

Challenges persist for Latino professionals in Hollywood. Limited access to networks, lower production and marketing budgets, and stereotypical casting continue to hinder progress. For example, Latino directors receive 16% less marketing funding than their White counterparts, and Latino-led television projects face budgets that are 53% lower on average.

Efforts to address these gaps include increasing Latino presence in decision-making roles and investing in Latino-led content. The study also calls for more authentic portrayals of Latinos across a range of roles and narratives, moving beyond stereotypes of immigrants and criminals.

Hollywood leaders have an opportunity to embrace Latino talent not only to foster inclusivity but also to capture the untapped economic potential. As McKinsey partner Camilo Becdach said, "The industry's future success depends on reflecting the diversity of its audience both on and off the screen."

Five Latino-Led Films Inducted into National Film Registry

The Library of Congress announced the induction of 25 films into the National Film Registry, with five showcasing prominent Latino actors and storylines. This marks the largest number of Latino-led films included in a single year, a milestone celebrated by Rep. Joaquín Castro (D-Texas), who has championed Latino representation in American cinema.

The selected films — 'Spy Kids,''Up in Smoke,''Mi Familia,''American Me,'and 'Star Trek II: The Wrath of Khan' — reflect a wide range of genres, from action and comedy to family drama and science fiction.

The National Film Registry now includes 30 Latino-led films, representing about 3.3% of the 900 preserved works. Librarian of Congress Carla Hayden emphasized the importance of preserving diverse narratives: "Films reflect our nation's history and culture and must be preserved in our national library for generations to come."