Hong Kong’s entertainment and media digital segments – including streaming video, games, music, radio, podcasts – are thriving through Covid-19. That’s PwC’s most optimistic observation, laid out in its new Global Entertainment & Media Outlook 2020-2024. 
 

Like many places, some of Hong Kong’s entertainment and media segments – including streaming video, games, music, radio, podcasts – are thriving through Covid-19. Others not so much. In its latest Global Entertainment & Media Outlook, PwC says the territory’s entertainment and media industry has been “deeply impacted” by the pandemic.

Revenue will be down 11.8% between 2019 and 2020 – a bigger margin compared to other parts of the world.

Like everywhere, streaming video consumption has soared, driven by more mobile video consumption and supported by HD content and better user experience, PwC says. 


Published in ContentAsia's Issue Four 2020, November 2020