The global entertainment industry will take a $160 billion hit over the next five years as it slowly recovers from the coronavirus pandemic, according to a new report.
05.05.2020 - 11:27 / peoplemagazine.co.za
South African television and radio personality Mmasea PeTje has fast become one of the country’s brightest stars. With a successful career that has seen her shine on radio stations such as Jacaranda FM and 947, as well as hosting the long-running SABC environmental and conservation show 50/50, she is certainly no stranger to the South African entertainment industry.
The global entertainment industry will take a $160 billion hit over the next five years as it slowly recovers from the coronavirus pandemic, according to a new report.
The global entertainment sector is set to "lose $160 billion of growth" as a result of the novel coronavirus pandemic over the next five years, research firm Ampere Analysis estimated in a report on Thursday. "While the biggest impact will be felt in 2020 and throughout 2021, growth will be reduced each year for the duration of the five-year forecast period," the firm said.
The global entertainment sector is set to "lose $160 billion of growth" as a result of the novel coronavirus pandemic over the next five years, research firm Ampere Analysis estimated in a report on Thursday.
Los Angeles County Board of Supervisors chair Kathryn Barger on Wednesday delivered “sobering” statistics that reveal how devastating the COVID-19 pandemic has been on entertainment industry professionals.
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