PwC Sees 33% Rise in Thai Entertainment and Media Spending to $13.3bn by 2018

Entertainment and Media (E&M) spending in Thailand is poised to rise 33% to $13.3 billion by 2018, fuelled by surging demand for online advertising, TV subscriptions, and Internet access, a PwC forecast says.
          The Thai E&M market will grow at a 7.3% compound annual growth rate (CAGR) over the next five years – the second fastest in South-East Asia after Indonesia. This contrasts with much slower growth in developed markets, such as 4.8% in the US and 2.7% in Western Europe over the same period. The 2018 forecast is higher than the $9.99 billion projected for 2014.http://www.casbaa.com/administrator/index.php?option=com_content