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  1. Aug 17, 2021 · 3. Live experiences will live on. It’s no secret that the pandemic hit live and in-person entertainment experiences hard and the live music business – almost entirely shut down in most countries around the world – lost 74.4% in revenues compared to the year before. Workarounds such as drive-in concerts offered some semblance of the ...

  2. Jul 16, 2024 · PwC’s Global Entertainment & Media Outlook 2024-28, now in its 25th year, provides in-depth analysis of global entertainment & media (E&M) consumer and advertising spending. The Outlook includes five-year historical and five-year forecast data and commentary for 11 industry segments across 53 countries and territories.

  3. Jul 23, 2024 · The global entertainment industry is expected to reach a value of $2.6 trillion by 2023. The music industry generated $21.6 billion in revenue in 2020. Disney's revenue in Q3 2021 was $17 billion. TikTok was the most downloaded app in 2020 with over 850 million downloads.

  4. The global entertainment industry, with its diverse sectors, generates substantial revenue and plays a crucial role in shaping cultural and social dynamics. Each sector, from television and video games to live events and theme parks, offers unique experiences that captivate audiences worldwide.

    • Social Video Continues to Grow
    • Ai Causes Industry-Wide Disruption
    • Streaming Wars Start to Settle
    • Cloud Gaming Goes Mainstream
    • Podcasting Becomes A Mainstream Medium
    • New(Ish) Sports Sprout Up
    • The Korean Wave Goes Worldwide
    • Fans Support Creators Directly
    • Wrapping Up

    The amount of time Americans spend watching social video has grown by nearly 2x since 2019. The amount of "US minutes" spent consuming social media videos. Today, it's estimated that US consumers spend nearly an hour per day watching videos on social media. The main driver of this growth? TikTok. Searches for "TikTok" continue to climb. At the time...

    Generative AI platforms like Midjourney and ChatGPT are likely to have massive impacts on the entertainment space. In fact, LLMs are already influencing how media is being produced. For example, text-generation tools can help screenwriters brainstorm, generate and improve scripts. LLM output of a science fiction series script outline. Image-creatio...

    Over-the-top ("OTT") streaming platforms are quickly replacing TV for many millennials and Gen Z. In fact, streaming now accounts for over 1/3rd of all TV usage(surpassing traditional broadcast and cable). Which explains why several competitors have cropped up recently to take on incumbents like Netflix, Disney+, and Amazon Prime Video. However, mo...

    "Cloud gaming" searches are up 10x over 5 years. There are lots of important entertainment trends in the gaming industry happening right now. The Xbox Series X and PlayStation 5are both in the "middle ages" of their console lives. Virtual reality and augmented reality gaming tech are making strides. Esports is gaining steam. And mobile gaming is mo...

    Online search interest in the podcast network Wondery has grown by 191% in 5 years. Approximately 162 million peoplelisten to podcasts at least once per month. And that's in the US alone. Amateur podcasts are springing up every day. In fact, there are now over 3 million active podcasts. But the industry is also getting a lot more professional. And ...

    Online searches for "bikepacking" have increased by 82% over the last 5 years. Fitness is a "meta trend" that's impacting lots of areas of our lives. Inside, you have garage gyms, Zwift, and Peloton. But outside the house, things are more interesting: If you don't mind a little danger, axe throwinghas been taking off. Axe throwing lanes at Bad Axe ...

    The Korean Wave (or Hallyu) refers to the way South Korean culture is gaining international popularity. It's been happening in Asia since the '90s but has recently picked up more steam in the West. Here are a few examples. Netflix's mega hit Squid Game generated 1.85 billion hours streamed within a month of release. (Making the Korean comedy/drama ...

    Why has direct fan support become one of the biggest trends in entertainment over the last few years? With cord cutting at an all-time high, consumers need something to watch. While many folks turn to streaming services to fill the gap, others find themselves consuming content directly from individual creators on YouTube. The problem is that many c...

    Those are the 8 most important entertainment industry trends for 2024 and beyond. The entertainment industry is quickly moving from the living room to our pockets. And the companies that adapt to this shift in where and how consumers are entertained are poised to become media mainstays.

  5. Jan 2, 2021 · NPR's Michel Martin talks with Aisha Harris, host of the Pop Culture Happy Hour podcast, and NPR Music's Stephen Thompson, about how the events of 2020 have forever changed the entertainment...

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  7. Feb 19, 2024 · Quick Glance at Entertainment Industry Trends: Direct-to-Consumer (D2C) Video Streaming: The dominance of platforms like Netflix and Disney+. Live Streaming’s Rise: Platforms like Twitch and YouTube altering how we view live content. Bundled Streaming Services: Combining services for cost-effective options.