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May 5, 2015

Top 5 gobal cites with highest media spends :

Infographic: New York Is The World's Media Capital | Statista

The U.S. E&M market will remain the largest in the world for the foreseeable future with total spending reaching $724 billion in 2018.

US, Tokyo and London leads global top 3 for media and entertainment Accoding to a recent PwC report titled “Cities of Opportunities” which compares the size of the entertainment & media sector across 30 metropolises around the world. The report takes into account consumer spending on internet access, media and entertainment as well as on- and offline advertising spending. Based on the ranking of these parameters New York, Tokyo and London tops as global media capital followed by Seol ,Hong Kong and Los Angeles.Further PwC predicts New York’s Entertainment & media sector to grow at an average annual rate of 4.5% between 2013 and 2018 among the highest across the world