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Worldwide film spending predicted to jump by $20bn by 2006

Global spending on filmedentertainment will expand at a promising 5.7 percent compound annual growthrate over the next five years, increasing from $59bn in 2001 to $79bn in 2006,predicts PricewaterhouseCoopers as part of its latest five-year outlook reporton the worldwide media and entertainment sector.Fueling that growth willbe strong box office receipts, the expansion of local productions and thecontinued boost that DVDs will offer the ...

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