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Low average revenue and piracy hamper India’s Media and Entertainment sector

LONDON | India’s Media and Entertainment (M&E) industry registered revenues of $16.3 billion in 2010, which are expected to be in excess of $25 billion in the next four years, according to Ernst & Young’s report ‘Spotlight on India’s Entertainment Economy‘. The study shows that India’s growing digital media consumption and favorable demographics are key drivers for the media and entertainment industry’s future growth. But John Nendick, Global Media and Entertainment Leader at Ernst &…