Robust Canadian entertainment and media growth predicted

TORONTO - A study done by PricewaterhouseCoopers released today says that the Canadian entertainment and media market (E&M) is expected to have the most consistent growth globally during the next four years with an estimated 6% compound annual growth rate (CAGR) to US$37 billion by 2009.That’s $48.5 billion in Canuck bucks, according the the exchange rate used by PwC in its research. According to the latest PricewaterhouseCoopers’ (PwC) Global Entertainment and Media Outlook: 2005-2009, the entire global entertainment and media industry is in its strongest position since 2000, and revenues are expected to increase at a 7.3 % CAGR to US$1.8...