Media, Entertainment Industry To Hit $40 Billion By 2020: Pwc
by The Daily Eye Team June 14 2016, 10:13 am Estimated Reading Time: 0 mins, 23 secsIndia currently rules the roost as the largest cinema market in the world, and is expected to remain so till 2020, says PwC report The Indian media and entertainment sector grew 12% to reach $25.13 billion (Rs.1.68 trillion) in 2015, according to PricewaterhouseCoopers (PwC)’s Global Entertainment and Media Outlook 2016-20.
The industry is expected to exceed $40 billion by 2020, growing at an average annual rate of 10.3% between 2016 and 2020, said the report released on Wednesday.