The Motion Picture Association released a new report on the international box office and home entertainment market showing that the industryreached $101 billion USD in 2019. According to Amazon International Movie Database, since 1900 there's been an average of 2,577 films produced each year around the world.
Digital growth was capital to home entertainment, driving 14% of overall growth. Viewing data shows that 85% of children and 55% of adults are now consuming TV shows and films on mobile devices.
So these changes are creating new business models and opportunities for entrepreneurs.
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Jim James is the Founder and Managing Director of the EASTWEST Public Relations Group . He recently returned to the UK after 25 years in Asia where he was an entrepreneur. Whilst running EASTWEST PR, he was the Vice-Chairman of the British Chamber of Commerce in China, he also he introduced Morgan sports cars to China, WAKE Drinks, founded theBritish Business Awards , The British Motorsport Festival, EO Beijing , and was the interim CEO ofLotus cars
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