Europe's online source of news, data & analysis for professionals involved in packaged media and new delivery technologies

News in Brief - june 2015


TOTAL WORLDWIDE entertainment and media revenues will rise at a compound annual growth rate (CAGR) of 5.1% over the coming five years, from $1,740 billion in 2014 to $2,230 billion in 2019, according to PricewaterhouseCoopers' Global entertainment and media outlook 2015 - 2019. While global revenue from digital media will continue to exhibit stronger growth, non-digital media will still contribute well over 80% of global consumer revenues in 2019. Spending on live music ticket sales and cinema box office will rise at a combined global CAGR of 4.7% to 2019, outpacing overall consumer spending at 2.9%. In China, box office revenues will rise at a CAGR of 15.5%.

THE PURE AUDIO Group, set up in July 2013 to promote Blu-ray uncompressed high resolution audio, was again represented at MIDEM with their partners arvato Entertainment Europe and B&W Group Germany. The group members already released 110 Pure Audio Blu-ray titles from labels such as Universal Music, LSO Live (London Symphony Orchestra), Sono Luminus and others. Also, Pure Audio Recordings on the portal pureaudiorecordings.com