Media Monday: Indian Media & Entertainment Outlook 2009-Report
Posted by admin on Aug 2, 2009 in Digital Media News |
Media and Entertainment sector always gives the best outlook of any economy as this is the only place where all different types of Industries come together. Though, we kept on listening that India is untouched of the recession around the world, reality is that the overall growth of Media and Entertainment industry is halved to 8% this year (from a very decent CAGR growth rate of 16.6% from 2004 to 2008). PWC, recently released - Indian Media & Entertainment Outlook 2009 Report - which however is optimistic of a double digit growth rate for Media & Entertainment sector from next year onwards.