Global consumer and advertising spending for entertainment and...

Global consumer and advertising spending for entertainment and media content is set to rise about 28 percent to $2.3 trillion by 2018, from 2013, said PricewaterhouseCoopers Wednesday in a report. PwC said the U.S. remains the largest entertainment and media market, with spending in the U.S. to rise to $724 billion by 2018, from $573 billion in 2013. Digital entertainment and media spending is expected to grow at a 12.2 percent compound annual growth rate between 2013 and 2018 and will be 65 percent of all entertainment and media spending by 2018, PwC said (http://bit.ly/1p6NkmZ).