Tag: PwC

The U.K. is projected to maintain its position as the leading entertainment and media market in Europe over the next four years, according to PwC’s latest Global Entertainment & Media (E&M) Outlook 2023-2027.

World Screen takes a deep dive into PwC’s four-year forecast for global media and entertainment.

Following the pandemic-driven boosts of 35.4 percent in 2020 and 22.8 percent last year, OTT video revenue growth is expected to slow to a compound annual growth rate (CAGR) of 7.6 percent through 2026, PwC reveals, with revenues rising to $114.1 billion.

Research from PwC indicates that deal activity in the media and entertainment space will continue at a “vigorous pace” in 2022, powered by the demand for content from streaming platforms, 5G rollouts and strong interest from private equity buyers.

The global entertainment and media (E&M) business is rebounding from a Covid-19 pandemic slump, according to PwC, with revenues on track to rise by 6.5 percent this year and 6.7 percent next year.

While calling 2019 a "transformative year" in M&A in the media and telco sector, with several megadeals and a shifting relationship between traditional media and big tech companies, PwC reports that overall deal activity and value fell last year.

There were 159 M&A deals in the media and telecoms sector in the U.S. in Q2, up from 155 in the first quarter, with overall deal value rising from $6.7 billion to $36.6 billion, according to PwC.

World Screen spotlights the findings of PwC's A New Video World Order: What Motivates Consumers? report.

In the third quarter of this year, there were 260 M&A deals in the U.S. media and telecoms space, according to PwC, a 9-percent gain on the year-ago period.

The subscription television market—including SVOD—is the fastest-growing segment in Australia's entertainment and media sector, PwC reports.