About This Statistic
The statistic provides a forecast of revenue for the TV and video industry worldwide in 2015 and 2020. According to the source, 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 2015. The resulting ranking saw the United States come on top, with filmed entertainment revenue of over 31 billion U.S. dollars. In fact, according to calculations, U.S. filmed entertainment revenues are expected to grow from roughly 28 billion U.S. dollars in 2014 to over 35 billion in 2018.
In terms of movie production, the year 2015 belonged to Lionsgate, the leader in the number of movie releases. With 28 worldwide releases, Lionsgate beat Warner, the Weinstein Company and Magnolia Pictures, who released 25, 24 and 21 films respectively that year.
When thinking of the 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 2016 has been recorded and broken down by operating service. In the fiscal year 2016, the company generated 9.94 billion U.S. dollars with its media network activities and 2.66 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 2016.
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 2016. In 2016, the company generated its highest TV and filmed entertainment revenue of 13.04 billion U.S. dollars.