Spending on filmedentertainment in key territories will rise at a 5.3% compound annual ratereaching $104.5bn in 2010, according to PricewaterhouseCoopers' new GlobalEntertainment and Media Outlook.
That figure compares to$80.5 bn in 2005, in the
The analysts said that
PWC said the industry growthwill be driven by digital cinemas in the US, Europe, Middle East, Africa andAsia Pacific and by growing numbers of modern theatres and more screens inselect countries in Europe, Middle East, Africa, Asia Pacific and LatinAmerica.
The firm said that high-definitionDVDs would stimulate home video sell-through in the
The study said that filmstreaming services should increase incremental revenue in the
Of course, the projectionsmay not hold true depending on actual films released in the next five years - "Key factorsaffecting the market in any given year are the quality of releases andreleases' appeal to consumers - developments we cannot predict," the reportsaid.