Radio / Television News

Canadian spending growth rising quickly on entertainment and media: PwC

TORONTO – With consumers getting used to spending some money on content they source online – from an ever-growing slate of digital platforms in which media and entertainment companies are investing – the five-year spending growth curve looks pretty good from here, says consulting and research firm PricewaterhouseCoopers (PwC).Entertainment and media (E&M) spending rose by 4.8% in Canada in 2010 and 3.2% for Canada and the U.S. combined, the first increase in North American spending since 2007, according to PwC's Global Entertainment and Media Outlook 2011-2015, which provides forecasts and analysis on 13 major E&M industry segments in 48 countries. "The...