Shaping the Future of Media and Entertainment
In recent years, we have seen a number of significant transactions in the media industry, from landscape-shifting megamergers to bolt-on acquisitions of smaller studios. In addition, we have seen targeted deals for niche IP assets and innovative joint ventures designed to accelerate the growth of global streaming. We believe these trends will continue into the next few years as media giants look to scale and add content to their offerings.
The media industry is one of the first sectors to navigate digital disruption. The PwC 2018 Media & Entertainment Outlook projects revenues in the U.S. industry to reach $792.3 billion by 2022, up from $666.9 billion in 2017. Specifically, the report highlights five key trends driving industry growth over the next few years. The report predicts that internet advertising, over-the-top video, and virtual reality will be the fastest-growing revenue drivers for U.S.-based M&E companies between 2017 and 2022.
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AI is changing the way we consume content. In 2021, global media companies will turn inward to identify the most effective content to produce and promote. With AI, we can predict what our audience wants and how to create it. For example, Netflix, which generates over 20 billion euros in revenue annually, uses artificial intelligence to recommend content and titles. Its algorithms learn from user data and make recommendations based on sentiment and images.see more here the daily world
As more people are online everywhere, the importance of streaming grows. As a primary revenue driver for video and music, streaming will continue to increase. This will change the way these content creators to deliver their products to their fans. Ultimately, it will affect all media types. So, how are you shaping the future of media and entertainment? And how can you take advantage of this growth? The answer lies in the next generation of content.More Movies Download from here 4movierulz