Movies and Entertainment Market Expected To Trigger A Revenue To Reach USD 114.93 Billion By 2025 : Grand View Research Inc.
San Francisco, 30 October 2019: The Report Movies and Entertainment Market Size, Share & Trend Analysis Report By Product (Movies, Music & Video), And Segment Forecasts, 2018 – 2025 Global movies & entertainment market is estimated to reach USD 114.93 billion by 2025, according to a new report by Grand View Research, Inc. Introduction to newer marketing and distribution platforms such as IPTV, digital newspapers, DTH, digital cable, and online sales of music & movies is anticipated to boost industry progress. Decline in revenue growth in mature markets such as the U.S. and few European countries is witnessed. Major players have adopted strategies like regional expansion and distribution partnerships for expansion to untapped markets. These players have shifted their focus on the production of regional content to establish a strong connection with the audience in these markets. Big studios are witnessed to adopt enhanced marketing strategies that use a