ABC News (Australia) published this video item, entitled “Filmed entertainment’s revenue half to $1.3b as streaming services users grow in pandemic | ABC News” – below is their description.
A PWC report says spending on advertising fell as did consumer spending but streaming services like Stan and Netflix were stay at home winners.
The report found filmed entertainment was the hardest hit sector with revenue nearly halving to 1.3 billion dollars. Reporter Sue Lannin speaks to PWC partner Justin Papps who says the worst effected sector were “the ones consumers couldn’t attend”.ABC News (Australia) YouTube Channel
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