Will Remain France Germany Entertainment social pandemic reports Mobile Platform PwC and Will Remain France Germany

$108 Billion U.K. Media and Entertainment Market Will Remain European Leader, PwC Report Forecasts

Reading now: 373
variety.com

Naman Ramachandran The U.K. will maintain its position as the leading entertainment and media market in Europe over the next four years, ahead of Germany and France, according to PwC’s Global Entertainment & Media (E&M) Outlook 2023-2027 report.

U.K. E&M revenue is expected to reach £85 billion ($108 billion) this year with growth forecast at a compound annual growth rate (CAGR) of 4% over the next four years to generate revenue of £100 billion overall by 2027.

The report predicts that the next biggest European E&M markets – Germany, which is expected to reach £83.1 billion in 2023 and France, set to touch £54.6 billion in 2023 – will grow to £90.8 billion and £61.1 billion by 2027 respectively.

In the U.K. SVOD revenue is forecast to grow from £3.6 billion in 2023 to £4.7 billion by 2027. En route, in 2025, SVOD (£4.2 billion) will overtake TV subscriptions (£4.1 billion).

Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA