$1.3 Trillion Projected to Flow Into Media, Entertainment, Tech Industry in Next 4 Years By Tom Lowry
As Hollywood and media seek new business models able to capitalize on unprecedented changing consumer habits, the question always ends up: Where will the growth come from? A report from Activate Consulting offers some answers through new forecasts that includes a projection that as much as $1.3 trillion in new growth dollars will come to media, entertainment, internet and B2B software companies by 2030. The study offers a roadmap of where to look for growth and where the money is going. The firm identified four key areas:
Here’s how the $1.3 trillion in new revenue breaks down:
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