PriceWaterhouse Predicts Rebound in Entertainment, Media Spending, But Not Music
Date: Tuesday, June 14, 2011 @ 23:58:46 UTC

The five-year growth outlook for the entertainment and media industry is better this year than last amid economic improvements, a rebound in advertising and continued technological change, including the wider availability of tablet computers, according to PricewaterhouseCoopers' Global Entertainment & Media Outlook: 2011-2015. The only U.S. media segments that PwC predicts will see a decline over the 2011-2015 timeframe are music and newspapers with projected compound annual drops of 0.4 percent. Both face declines in the coming years, but will return to slight growth over the course of the five-year period, the firm said. Complete Article

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