Аннотация: This study examines the legal significance of the Federal law "On the development of creative industries in the Russian Federation", adopted on 08.08.2024, and its impact on the development of the national economy and culture in general. The article describes the key prerequisites for the adoption of this law, its goals and objectives, expected results and prospects. The types of creative industries enshrined in the Federal Law, the new powers of government authorities, as well as measures of state support for creative industries (financial, property, educational and consulting, information) were considered. In the course of the study, we also paid special attention to the analysis of the social and economic impact of creating a legal framework in the field of creative industries.