Thursday, June 22, 2006

$1.8 TRILLION - That is the value of media and entertainment by 2010

A digitalized UK is the fastest growing digital Media and Entertainment market with expected growth to US$28 billion by 2010.

But it is a whopping value of US$1.8 trillion put on the worldwide industry by 2010, according to the latest research from PricewaterhouseCoopers. Their report is called: "Global Entertainment and Media Outlook: 2006-2010".

The report largely attributes this phenominal growth to digital broadband internet and mobile digital technologies, which have become lucrative distribution channels for licensed entertainment and media content owners and providers.

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