The statistic provides a forecast of revenue for the TV and video industry worldwide in 2015 and 2020. According to PwC, the revenue for the industry will grow from 286.17 billion U.S. dollars in 2015 to 324.66 billion in 2020.
Filmed entertainment revenue – additional information
The revenue generated from filmed entertainment in selected countries worldwide was measured in 2014. The resulting ranking saw the United States come on top, with filmed entertainment revenue of over 20 billion British pounds. In fact, according to PwC’s calculations, U.S. filmed entertainment revenues are expected to grow from roughly 32 billion U.S dollars in 2014 to 39 billion in 2018. As far as movie studios are concerned, the American market was dominated by Warner, Disney and Universal, while in a global perspective, Warner, Disney and Fox had the largest shares of the market. However, in terms of movie production the year 2014 belonged to Magnolia Pictures, who was a leader in the number of movie releases. With 33 worldwide releases Magnolia beat Warner, Disney and Fox who released 22, 13 and 17 films respectively that year. Fox and Disney tied as leaders in blockbuster production – each released four hit movies in 2014.
When thinking of television industry, the most prominent representatives of the filmed entertainment include names such as Viacom or Time Warner Cable. Viacom is one of the world’s leading broadcasters and a formidable force in the mass media industry. With headquarters in Manhattan, New York, Viacom has interests in radio, cable television and cinema. The revenue generated by Viacom from 2008 to 2014 has been recorded and broken down by operating service. In the fiscal year 2014, the company generated 10.17 billion U.S. dollars with its media network activities and 3.73 billion U.S. dollars with its filmed entertainment activities. Viacom’s filmed entertainment activities have generated less revenue than its media networks throughout 2008 to 2014. Time Warner is another multinational media giant based in New York. Time Warner concentrates its operations on TV and filmed entertainment and includes large subsidiaries including New Line Cinema, HBO and Warner Bros. The revenue generated from the Time Warner’s TV and film entertainment operations has been reported from 2008 to 2014. In 2011, the company generated its highest TV and filmed entertainment revenue of 12.64 billion U.S. dollars. However, 2012 saw this figure drop but then rise again in 2013 to a substantial 12.31 billion U.S. dollars. In 2014 the company has kept the momentum and continued to grow this segment again.