PwC's annual Global Entertainment and Media Outlook 2012-2016 forecasts that global E&M spending is expected to rise from $1.6 trillion in 2011 to $2.1 trillion by 2016, growing at a compound annual growth rate (CAGR) of 5.7. The U.S. E&M market experienced the largest increase since 2007 with faster growth expected, growing at 5.2 CAGR reaching $597 billion in 2016, from $464 billion in 2011.
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