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Friday, April 13, 2018 4:32:03 AM
MarketNewsUpdates.com News Commentary
The global digital content industry continues to steadily grow as more consumers are getting their content digitally through streaming and the web, as opposed to traditional media forms. Worldwide, PwC expects entertainment and media revenue to rise from $1.8 trillion in 2016 to $2.2 trillion in 2021, representing a compound annual growth rate of 4.2%. For the U.S., revenue is projected to grow more slowly: increasing from $635 billion in 2016 to $759 billion by 2021, a CAGR of 3.6%. Two of the fastest-growing entertainment and media segments are VR and eSports, according to the PwC report. As previously mentioned, the main driver in this growth is changing habits of consumers, as more and more people are opting for digital mediums as opposed to traditional print and television media. Additionally, the enhanced streaming platforms are allowing industry leaders to develop global markets through distribution. Active companies today include: QYOU Media Inc. (TSX-V: QYOU) (OTC: QYOUF), Lions Gate Entertainment Corp. (NYSE: LGF.A), Twenty-First Century Fox Inc. (NASDAQ: FOXA), Viacom Inc. (NASDAQ: VIAB), The Walt Disney Company (NYSE: DIS).
http://www.prnewswire.co.uk/news-releases/multi-billion-dollar-digital-content-industry-swells-as-consumers-media-consumption-intensifies-679508143.html
Recent QYOU News
- QYOU Media Reports Record Q2 FY 2024 Results • PR Newswire (Canada) • 08/29/2024 08:00:00 PM
- QYOU Media Hosting Shareholder Call - CEO and Co-Founder Curt Marvis to Provide Update For The Second Half of 2024 • PR Newswire (Canada) • 06/25/2024 12:00:00 PM
- QYOU Media Reports Record Q1 FY 2024 Results • PR Newswire (Canada) • 05/30/2024 08:00:00 PM
- QYOU USA and Chtrbox Influencer Marketing Teams Receive Multiple 2024 Accolades and Awards • PR Newswire (Canada) • 05/24/2024 12:05:00 PM
- QYOU Media Reports FY 2023 Results • PR Newswire (Canada) • 04/29/2024 11:22:00 PM
- QYOU Expands Connected TV and QPlay+ Via Major New Channel and Distribution Partnerships • PR Newswire (Canada) • 03/27/2024 12:05:00 PM
- QYOU USA Hosting TownHall Meeting • PR Newswire (Canada) • 03/04/2024 01:05:00 PM
- QYOU USA and Chtrbox Influencer Marketing Business Units Driving Strong 2024 Growth • PR Newswire (Canada) • 02/27/2024 01:05:00 PM
- Q GamesMela Growth Trajectory Continues Via Delivery of 2.5 Million Downloads • PR Newswire (Canada) • 02/20/2024 01:05:00 PM
- QYOU Media's Q GamesMela To Launch on mSeva Mobile App Platform • PR Newswire (Canada) • 01/18/2024 01:00:00 PM
- Q GamesMela Reaches One Million Download Milestone • PR Newswire (Canada) • 12/20/2023 01:00:00 PM
- QYOU Media's Maxamtech Gaming Named Top Ten of 2023 By Silicon India • PR Newswire (Canada) • 12/18/2023 01:00:00 PM
- Q GamesMela Hits Early Milestones In First Month of Release • PR Newswire (Canada) • 12/08/2023 01:00:00 PM
- QYOU USA's Influencer Marketing Unit Adds To 2023 Award Accolades • PR Newswire (Canada) • 12/04/2023 01:00:00 PM
- QYOU Media Reports Q3 FY 2023 Results • PR Newswire (Canada) • 11/29/2023 09:05:00 PM
- QYOU Media Hosting TownHall Meeting - CEO Curt Marvis and India Group CEO Raj Mishra to Review Overall Corporate Initiatives • PR Newswire (Canada) • 11/24/2023 01:00:00 PM
- Chtrbox Awarded Best Influencer Marketing Agency of the Year by Entrepreneur India • PR Newswire (Canada) • 11/21/2023 01:00:00 PM
- Q GamesMela Launches In-App Purchases and Digital Trading • PR Newswire (Canada) • 11/17/2023 01:00:00 PM
- MODERN WARFARE III" • PR Newswire (Canada) • 11/13/2023 01:05:00 PM
- QYOU Media's India Influencer Marketing Business Chtrbox Records Largest Revenue Month in History • PR Newswire (Canada) • 11/08/2023 01:00:00 PM
- QYOU Media Appoints Former TikTok Country Manager Raj Mishra as India Group CEO Overseeing All Operations • PR Newswire (Canada) • 11/01/2023 08:05:00 PM
- QYOU India's QPlay+ Expands Connected TV Distribution Via Global Partnership with Coolita • PR Newswire (Canada) • 10/26/2023 12:00:00 PM
- QYOU Media Launches New Version of Q GamesMela Gaming App • PR Newswire (Canada) • 10/23/2023 12:00:00 PM
- QYOU MEDIA INC. COMPLETES $2.1 MILLION PRIVATE PLACEMENT • PR Newswire (Canada) • 10/20/2023 01:20:00 PM
- QYOU Media and Bollywood Hungama Unite Forces To Launch New Bollywood Movie and Entertainment Channel On Connected TVs • PR Newswire (Canada) • 10/11/2023 12:10:00 PM
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