The UK Media and Entertainment sector has seen solid growth since the global financial crisis, reaching Euro 46.1 bn by end 2013. Consumer spending on media and entertainment accounted for more than half the total industry, with a shift towards online services. TV/Video and Gaming exhibit overall revenue growth, while Music/Radio and Newspapers/Magazines remain in decline. Payment flows show that contents and rights owners have benefited, while retailers of physical media have been hit hard and are adapting their business models. Future opportunities include growth in online services and continued shift towards digital content.
