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TheLatin.News™ > Blog > News > Entertainment > Romanian entertainment and media industry expected to increase by 8% in 2021 and exceed the 2019 level
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Romanian entertainment and media industry expected to increase by 8% in 2021 and exceed the 2019 level

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Last updated: June 5, 2024 10:21 am
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The entertainment and media (E&M) industry in Romania is expected to achieve year-on-year growth of 8.09% in 2021 to a total value of EUR 2.62 billion, taking it above the pre-pandemic level (EUR 2.53 billion in 2019), according to the 22nd edition of the PwC report Global Entertainment & Media Outlook 2021–2025 (GEMO). Estimates also show that the industry will continue to increase until 2025, with an annual average growth rate of 7.68%.

“E&M industry revenues in Romania decreased by 4.23% last year, due to the pandemic-related restrictions, with cinemas being the most affected. Although the uncertainty experienced in the…



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