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Competing where value is moving

Entertainment and media

Almost every segment of the entertainment and media industry is shifting from physical to digital distribution. With that shift, value is being reshaped. While traditional revenue streams continue to decline, digital platforms, advertising‑led models, and new formats are creating opportunities for growth. 

Globally, the industry is expanding, but the way companies create, deliver, and monetize content is changing fast. For Canadian entertainment and media organizations, success now depends on adapting business models, operating with greater agility, and using data, technology, and creativity more strategically. 

Growth isn’t slowing. It’s shifting.

Global entertainment and media revenue is projected to reach US$3.5 trillion by 2029, but growth isn’t just driven by consumer spending. Advertising is pulling ahead, digital formats are accelerating, and Canadian players are feeling pressure to adapt quickly. 

Key signals

  • US$3.5 trillion global entertainment and media market by 2029
  • Advertising growing more than three times faster than consumer spending
  • Digital approaching 80% of ad revenue
  • Connectivity remains the industry’s largest segment

Global Entertainment & Media Outlook 2025–2029

As the E&M industry grows to US$3.5 trillion by 2029, new modes of value creation and technology will shape the future

We’re a market leader in providing assurance, tax, and advisory services to the entertainment and media industry. We work with organizations at every stage of growth, from emerging players to the world’s largest global media companies.

Turning disruption into advantage

How we help entertainment and media organizations.

Risk, regulation, and assurance

  • Navigate regulatory, tax, and compliance requirements 
  • Increase available tax credits and incentives to support growth 
  • Strengthen trust, controls, and data privacy

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Deals, M&A, and portfolio strategy

  • Support acquisitions, divestitures, and strategic partnerships
  • Evaluate asset performance, synergies, and integration readiness

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Monetization and growth strategy

  • Redesign revenue models across subscription, advertising, and hybrid plays
  • Identify new growth pools across platforms and audiences

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AI and technology transformation

  • Apply artificial intelligence (AI) across content, operations, and audience engagement 
  • Establish governance for generative AI (GenAI), intellectual property (IP) protection, and ethical use

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Advertising, data, and measurement

  • Build and optimize ad‑tech and data ecosystems
  • Strengthen attribution, targeting, and return on investment in a privacy‑first world

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Operating model and cost transformation

  • Simplify complex operating models
  • Improve speed, agility, and cost discipline

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Let’s rethink how growth happens in entertainment and media

We bring the scale, insight, and industry focus to help you move with confidence today and for what’s next

Contact us

Bali Minhas

Bali Minhas

National Technology, Media and Telecommunications & Consumer Markets Leader, PwC Canada

Tel: +1 416-670-6244

Ashley Crawford

Ashley Crawford

Partner, Assurance - Technology, Media and Telecommunications & Consumer Markets, PwC Canada

Tel: +1 905-802-0550

John Simcoe

John Simcoe

National Media & Telecom Lead, Assurance Partner, PwC Canada

Tel: +1 416 815 5231

Alastair Irvine

Alastair Irvine

Partner, National Trust Markets Leader, PwC Canada

Tel: +1 514 404 8517

Gayle Hoey

Gayle Hoey

Partner, PwC Canada

Tel: +1 905 815 6419

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