PricewaterhouseCoopers' Outlook for Filmed Entertainment

Global Entertainment and Media Outlook: 2005-2009 The filmed entertainment market consists of consumer spending at the box office for theatrical motion pictures, plus spending on rental and purchase of home video products in both VHS and DVD formats. It also includes online film rental subscription services, such as those in which DVDs are delivered via overnight mail or films are downloaded via a broadband Internet connection. However, the figures do not include music videos, which are counted in the Recorded Music chapter. Neither do they include video-on-demand, pay-per-view, or movie distribution by cable, satellite, or telephone companies, all of which are covered in the TV Distribution chapter. A sampling of global facts and forecasts: "In the U.S. online rental subscription services will represent a major channel for rentals, rising to $3.2 billion in 2009-half the traditional rental market." "Filmed entertainment spending in EMEA will generate $41.3 billion in 2009, averaging 8.5 percent growth compounded annually." "Japan is the dominant market in Asia/Pac, at $8.3 billion, 54 percent of total spending. Japan is particularly dominant in home video, constituting 63 percent of the region's spending. Rentals remain popular in Japan because limited storage space in homes dampens demand to build video libraries. DVD recorders are selling well in Japan, and piracy is not a serious problem." "In Latin America a rapidly growing DVD household base will stimulate home video, but piracy will limit growth." "In Canada, in-store rental spending will increase at a 0.7 percent annual rate, while online rental subscriptions will rise to $263 million, a 120.9 percent increase compounded annually." Full story: http://www.pwc.com/extweb/industry.nsf/docid/8CF0A9E084894A5A85256CE8006E19ED?opendocument&vendor=thr#FE
2005-10-11 19:08:53