As Hollywood and media seek new business models able to capitalize on unprecedented changing consumer habits, the question always ends up: Where will the growth come from?
A report from Activate Consulting offers some answers through new forecasts that includes a projection that as much as $1.3 trillion in new growth dollars will come to media, entertainment, internet and B2B software companies by 2030.
The study offers a roadmap of where to look for growth and where the money is going. The firm identified four key areas:
Highly loyal and active users
Sports
Creator impact on streaming
Growing pervasiveness of AI
Great news for filmmakers!
www.thewrap.com/media-entertainment-tech-industry-financial-trends-micha...