Australia’s entertainment and media sector is showing signs of a strong recovery after a decline last year as a result of the pandemic, says PwC, with cinema, live entertainment and out-of-home advertising likely to feel the brunt of the current Sydney and Melbourne lockdowns.
PwC’s Australian Entertainment & Media Outlook 2021 report says the pandemic “triggered the sharpest contraction in Australian entertainment and media revenues in the history of this report”.
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Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com
