Global Entertainment Industry Surpasses $100 Billion for the First Time Ever

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Global entertainment industry surpasses $100 billion for first time ever

The 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 billion in 2019, according to a new report released by the Motion Picture Association. Worldwide box office receipts accounted for $42.5 billion of that haul, setting a [...

Harvey Weinstein’s 23-year prison sentence has been met with hope in the U.K., where industry figures hope to see justice meted out for transatlantic victims of the disgraced movie mogul. Wednesday’s outcome has been hailed a major victory that will set a groundbreaking precedent for future cases. Most importantly, the sentence proves that the “law [...

 

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