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Overview
Media And Entertainment





Overview
The Media And Entertainment industry is one of the most booming sectors in India. The global entertainment industry is projected to reach US$ 1.8 trillion by 2015. Asian region expected to
play a central role in it, with India poised to contribute about US$ 200 billion i.e. a sizable chunk of the global industry.

According to the annual edition of the FICCI, the size of the Indian Media And Entertainment industry in the year 2006 was Rs 43,700 crore. The Indian Media And Entertainment industry grew from Rs 35,300 crores to Rs 43,700 crores during the year 2005-06. The sector has immense potential stored in it. The Indian Media And Entertainment industry is expected to grow at an annual growth rate of 19% to reach Rs 83,740 crore by 2010.
The Indian Media And Entertainment industry, with the prominent segments being films, television, and music has earned high revenues in the recent past. The Indian Media And Entertainment industry has risen to the threshold of a large global market. The year 2005 saw the entry of new players across all the segments of the industry including Reliance.

The Indian Entertainment & Media industry can be categorised as follows:
  • Filmed Entertainment
  • Television
  • Music
  • Radio
  • Print (Primarily Newspapers & Magazines)

Technology has changed the face of entertainment today. The ongoing change in technology, products and distribution channels has created significant opportunities in the industry for
growth and development. The revolution in the information technology has resulted in the emergence of cable wires, networks and most importantly the "Internet" which has revolutionized the Media And Entertainment industry.

The emergence of multiplexes and entertainment malls has redefined the entertainment industry. This booming sector in India has also encouraged and many foreign investors who are making efforts to tap the Indian market.