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Pulling the future forward: The entertainment and media industry reconfigures amid recovery

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Pulling the future forward: The entertainment and media industry reconfigures amid recovery

Amid a global recession, 2020 will see the sharpest fall in global E&M revenue with a decline of 5.6% from 2019 – more than US$120bn in absolute terms. In Singapore, the expected decline is 5.0% from 2019, valued at approximately US$274mn. While the shockwaves from 2020 will continue to ripple through the global economy, forecast shows the industry’s fundamental growth trajectory remains strong.
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Contacts

Siew Ling Ong

Siew Ling Ong

Press contact Manager, Brand and Communications
Candy Li

Candy Li

Press contact Team Lead - Brand & Communications

Verlynn Heng

Press contact Senior Associate Brand & Communications 81251483

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Pulling the future forward: The entertainment and media industry reconfigures amid recovery

Pulling the future forward: The entertainment and media industry reconfigures amid recovery

Amid a global recession, 2020 will see the sharpest fall in global E&M revenue with a decline of 5.6% from 2019 – more than US$120bn in absolute terms. In Singapore, the expected decline is 5.0% from 2019, valued at approximately US$274mn. While the shockwaves from 2020 will continue to ripple through the global economy, forecast shows the industry’s fundamental growth trajectory remains strong.