PriceWaterhouseCooper’s annual Global Entertainment and Media report predicts that “business information spending in Asia Pacific will increase at a 6.3 percent CAGR, the fastest of the five regions, from US$6.9 billion in 2006 to US$9.3 billion in 2011.” The overall media and entertainment industry is predicted to grow to $2 trillion by 2011. The report notes that “double-digit growth is expected for digital and mobile spending in each territory during the next five years rising to $153 billion by 2011”. Magazine publishing in Asia, however, “will advance at a 3.6 percent CAGR, increasing from US$17.2 billion in 2006 to US$20.6 billion in 2011.” Source: PriceWaterhouseCoopers / Business Strategies Group, Hong Kong

BIIA Newsletter June – 2007 Issue