Fresh data being published by Purely Streamonomics, a new research and analytical service from Purely, shows that amidst a year of uncertainty and production hiatuses due to the global pandemic, streaming platforms have set the global film and TV industry on a trajectory of accelerated growth with no imminent ceiling in sight. The gross cash amount spent producing and licensing new entertainment content (excluding sports) soared by 16.4% in 2020 to reach $220.2 billion. This new milestone will … [Read more...] about New report shows global streaming businesses reaches “escape velocity” through rising production spend and programming budgets
Warner Media
How the video industry supports Asian economies during COVID-19
The video industry plays a critical role in the health and vibrancy of Asian economies, from employing large and skilled work forces, investing in local talent and productions, to entertaining and informing the citizens of our countries during these difficult times. And there is no time more important than now for the industry to work together to further support these countries as its people suffer the brunt of what the pandemic is bringing in its wake. Many initiatives across Asia Pacific … [Read more...] about How the video industry supports Asian economies during COVID-19
