Bulletin

Britain overtakes Germany in entertainment stakes

Britain overtakes Germany in entertainment stakes

Britain is set to overtake Germany as the largest market for media and entertainment for the first time, according to a report by PwC, and will continue to outpace growth on the Continent for years to come.

By 2020 UK entertainment and media is set to be worth £68.2bn compared with £61.3bn in Germany as the UK's radio, advertising, book and magazine publishing, video and cinema attendance all outpace the equivalent sectors in Europe's most populous nation.

Phil Stokes, PwC's head of entertainment and media, said:

"The E&M market in Germany will grow by almost £5bn over the next five years but the UK's growth over the same period will outstrip it, generating an extra £9.4bn in the UK."


Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin

Where Next?