MPA Annual Industry Report Shows Global Entertainment Spending Hitting Record $101B

reached a high of $42.2 billion and domestic of $11.4B in 2019, -4% since 2018, the trade org reported that for the first time ever, total global entertainment spending topped $101B across theatrical, home and mobile entertainment spending. Mobile/home entertainment spending accounted for a combined record $58.8B, +14% over 2018.

In terms of screens, U.S./Canada currently counts 44,253, comprised of analog, 3D and 2D digital. Worldwide digital screens grew to 195,282, +7% due to a huge build out in Asia/Pacific to 93,153 digital screens, which forced total international digital screens up from 138,535 in 2018 to 151,601 last year, or +9%.boss Jack Valenti always heralded, going to the movies is the most economic form of entertainment for a family of 4, and the trade org continues to beat that drum.

While transactional and subscription video purchases on mobile and in the home grew to a record $25.2B, +8.6% annually, broken out the bulk came from subscription revenue which reached a high of $16.2B, +23% from 2018, while transactional purchases fell to $9B, -10% annually.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Media companies begin canceling annual ad presentations as coronavirus spreads in New YorkIn recent days, Fox News canceled its upfront, A+E Networks moved its event online and Freewheel postponed its own.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Global Entertainment Industry Surpasses $100 Billion for the First Time EverThe global entertainment market — consisting of theatrical and home entertainment — has surpassed $100 billion in revenues for the first time in history, with earnings reaching $101 bil… do you think I have a part in entertainment industry? javiernavia Aguante 'El Ángel' y el baile copiado por El Guasón
Источник: Variety - 🏆 108. / 63 Прочитайте больше »

Business travel sector to lose $820 billion in revenue on coronavirus hit: industry groupThe global business travel sector is expected to take a revenue hit of about $82... While a lot of people do write 'lose', it's actually 'loose'.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »