Media and Entertainment Industry

The entertainment industry is a massive force in consumer culture, boasting a staggering $2 trillion in global revenues. More than a third of this revenue comes from media and entertainment companies in the United States, and while the industry is rapidly expanding into new areas, there are some troubling indicators on the horizon.

A broad spectrum of activities falls under the umbrella of the media and entertainment (M&E) industries, which generated sales of $717 billion in the United States in 2018. Predictions suggest that this figure will reach $825 billion by 2023. M&E covers various industry types, including the film, music, book publishing, and video game industries.