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US media spending dwarfs Europe's outlay
July 20, 2011 US consumers spent $134bn on entertainment in 2010, almost two-thirds more than their West European counterparts. The biggest reason for this difference is spending on pay TV services: US consumers spent over $80bn on pay TV subscriptions alone in 2010 - more than the combined entertainment outlay of the whole of Western Europe. This report examines how Europe's strong public sector broadcasting tradition reinforces this discrepancy and assesses entertainment spending in the two regions after controlling for the differences in the pay TV subscription market. Tables and charts included:
Pages: 6Tables & charts: 7Tags:
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