GLOBAL entertainment and media (E&M) industry spending is expected to increase at a 6.3% compound annual growth rate (CAGR) to US$1.7 trillion in 2008, according to PricewaterhouseCoopers (PwC).
It said the industrys positive momentum would be sparked by an impressive 9.8% CAGR for the Asia-Pacific regional E&M market, and globally by improved economic conditions, the availability of new distribution channels and continued adoption of next-generation technologies.
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