Friday, June 24, 2005
BBC NEWS | Entertainment | Online drives entertainment sales
BBC NEWS | Entertainment | Online drives entertainment sales: "Worldwide, new ways of buying all forms of entertainment - such as broadband internet - will increase revenues from $11.4bn in 2004 to $73bn by 2009, the report predicted.
Wayne Jackson, global leader of PricewaterhouseCoopers Entertainment and Media Practice said the entertainment and media industry could reinvent itself.
He described the industry's 'ability to create new revenue streams through innovative offerings that hardly existed as recently as 2000'.
Mr Jackson went on to say that online and wireless video games, licensed digital distribution of music, and the rapid adoption of ringtones and mobile music downloads were becoming key to the industry."
Wayne Jackson, global leader of PricewaterhouseCoopers Entertainment and Media Practice said the entertainment and media industry could reinvent itself.
He described the industry's 'ability to create new revenue streams through innovative offerings that hardly existed as recently as 2000'.
Mr Jackson went on to say that online and wireless video games, licensed digital distribution of music, and the rapid adoption of ringtones and mobile music downloads were becoming key to the industry."
