User experience paramount amidst slowing entertainment, media revenues: PwC

TORONTO – User experience has surpassed content and distribution in the pursuit of entertainment and media revenues, says a new PwC report.Global Entertainment and Media Outlook 2017-2021 projects that Canadian entertainment and media revenues will rise at a compound annual growth rate (CAGR) of 2.8% in nominal terms over the coming five years, from US$42.98 billion in 2016 to US$49.40 billion in 2021. This growth rate represents a slowdown from last year's 3.5% growth in industry revenues, and will lag behind overall global economic growth during the next five years. Total data consumed in Canada will grow by CAGR 18.1%...