by Content Cafe — 20 July, 2022
Pricewaterhouse Coopers (PWC) has released the 21st edition of its Entertainment and Media Outlook which forecasts trends and revenue for the next five years.
Up to 90% of cinema patrons have returned since the pandemic, according to exhibitors cited in the report, and it’s expected that Australia’s box office will meet pre-pandemic levels by 2023.
On streaming, more than 75% of Australian households now subscribe to a streaming service, paying a total of $40 per month.
However, the report also stated that piracy is on the rise with 30% of the population accessing content unlawfully in 2021, up 15% on 2019 according to the Federal Government’s 2021 Consumer Survey on Online Copyright Infringement.
Access the full report here
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