How youth will be served in Canada's entertainment and media through 2020: PwC

TORONTO - Internet advertising, mobile technology adoption, and over-the-top (OTT) streaming will drive Canadian entertainment and media revenues through 2020, says a PwC report released Monday.According to Global Entertainment and Media Outlook 2016-2020, Canadian entertainment and media revenues will rise at a compound annual growth rate (CAGR) of 3.5% in nominal terms over the coming five years, from US$43.8 billion in 2015 to US$50.0 billion in 2020. This growth rate represents a slowdown from last year's 5.0% growth in industry revenues, and will lag behind overall global economic growth during this period.Overall, what emerges from the report is media companies that...