UK media industry could be worth £88 billion by 2025


Source: consultancy.uk consultancy.uk

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UK media industry could be worth £88 billion by 2025 The world’s entertainment and media sector revenue is due to grow to more than $2.5 trillion by 2025. The UK is set to become one of the world’s largest national markets meanwhile, with CAGR of 5% over the next four years. A new study from Big Four professional services firm PwC has found the world’s entertainment and media (E&M) sector is set to bounce back quickly from the challenges of the pandemic. In 2020, revenue fell at a year-on-year rate of -3.8%. This $81 billion recession was more than the...