Recently, the production for The Curse of Oak Island received an approximate value of $1.5 million USD from a fund set up by the Nova Scotia Business Inc. for the purpose of encouraging the production of both movies and TV shows in that particular province of Canada. It is interesting to note that this was more than what the production had received for the previous season, which was $1.27 million in Canadian dollars compared to the $1.9 million Canadian dollars this time.
Why Did It Get the Boost?
For those who have not managed to guess based on its name, the Nova Scotia Business Inc. exists for the purpose of encouraging economic development in Nova Scotia, which includes the production of both movies and TV shows. As a result, it is much the same as other entities of its kind in that it encourages interested parties to conduct business in the province by providing them with grants as well as other incentives.
This makes sense because convincing interested parties to conduct their business in a province can provide its residents with a lot of benefits. For example, whenever the production of The Curse of Oak Island makes a purchase from either Nova Scotian businesses or consumers, that means revenue for those entities that will be spent on further purchases from other Nova Scotian businesses and consumers. As a result, it is common for the initial investment to generate a great deal of movement in local economies, particularly since the production will be making use of funds from other sources as well.
With that said, it is important to note that such an investment on the part of the Nova Scotia Business Inc. can produce interesting benefits in the long run as well. After all, when a movie or TV show filmed in Nova Scotia, that creates interest from other parties that might be convinced to conduct business in the same province. Furthermore, people who watch movies and TV shows filmed in Nova Scotia might become interested in the province as well, which can be important when it has been promoting tourism to its often interesting natural landscape for some time.
Of course, it should come as no surprise to learn that The Curse of Oak Island is receiving even more funding from the Nova Scotia Business Inc. because it has proven to be a success. At the moment, it is the single most watched TV show on the History Channel, so much so that it can bring in millions and millions of viewers on a reliable basis. Furthermore, there is reason to believe that it has already increased popular interest in Nova Scotia, if only because it is convincing new generations of people to become interested in searching for supposed treasure on one of its numerous islands.
What Can We Expect?
Currently, the History Channel is making claims that the people behind The Curse of Oak Island have managed to find a chest as well as a set of keys. This seems rather suspicious considering that the History Channel has been known to over-hype its TV shows in the not so distant past, meaning that interested individuals might want to keep their expectations at a reasonable level until further news comes out. From an economic perspective, what is even more interesting are the further operations being conducted on Oak Island, which should prove to be beneficial for the province of Nova Scotia.
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