Consumer expenditures on entertainment media in North America and Europe grew a hefty 69% between 2000 and 2010 to reach USD 234.8bn, with cable and satellite TV retaining top slot as the leading form of entertainment media during the preceding ten years (or “noughties” as some have described them), according to a new report from IHS Screen Digest.
Cable and satellite TV accounted for 59% of all entertainment media spending in 2010 on the two continents, compared to 40% ten years ago, according to the report, which also tracks the performance of segments such as home video, video games, music and cinema. Revenue from cable and satellite TV services reached an estimated USD 139.2bn last year, up from USD 56.1bn in 2000. (continue reading…)
