Media and Entertainment Industry Overview

The United States media and entertainment (M&E) industry is a $703 billion market[1], comprised of businesses that produce and distribute motion pictures, television programs and commercials, streaming content, music and audio recordings, broadcast, radio, book publishing, video games and supplementary services and products. The U.S. M&E market, which is 33% of the global M&E industry, is the largest M&E market in the world. The U.S. M&E industry is expected to reach $804 billion by 2021, according to the Entertainment & Media Outlook by PriceWaterhouseCoopers[2]. The M&E industry can be partitioned into four main verticals: film, music, book publishing and  video games. Film The U.S. filmed entertainment industry is principally comprised of films, movie theaters, TV subscriptions, streaming content and the distribution of the filmed entertainment. Box office sales reached just over $11 billion[3] in 2017, and home video reached $107.9…

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