PWC Media Outlook 2009 projects 10.4% growth for E&M industry

PricewaterhouseCoopers’ 2009 edition of the Indian Entertainment and Media Outlook projects a growth rate of 10.4% for the media and entertainment industry in 2010, on the back of improved economic conditions. The report predicts that for the remaining years of the forecast period, the industry will continue to grow at increasing rates, resulting in the overall compound annual growth rate for the period 2009-13 of 10.5%.