Broadband Boosts Worldwide Media
Posted: 22nd Jun, 2005 By: MarkJ
PricewaterhouseCoopers (PWC) claims that broadband Internet growth will propel the value of the worldwide entertainment and media industries to £990bn by 2009!:
Legal digital distribution of games, videos and movies is also tipped to boom over illegal file sharing.
Total spending from new revenue streams such as broadband and digital downloads will surge from $11.4bn to $73bn over the next five years, according to PwC's report, Global Entertainment and Media Outlook: 2005-2009.
No doubt this will cause usage restrictions to become more of an issue in a couple of years time. More @ netimperative.com .
Legal digital distribution of games, videos and movies is also tipped to boom over illegal file sharing.
Total spending from new revenue streams such as broadband and digital downloads will surge from $11.4bn to $73bn over the next five years, according to PwC's report, Global Entertainment and Media Outlook: 2005-2009.
No doubt this will cause usage restrictions to become more of an issue in a couple of years time. More @ netimperative.com .
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