That’s entertainment: Russian sector among world’s biggest
Recent research carried out by the leading accountants indicated that the market grew by 12% in 2007.
The company forecasts it will increase at around the same level in 2008.
The leading sector remains the internet – where the growth of advertising in the next five years is expected to hit 43%.
As for casinos, the most lucrative entertainment sector, the market was worth $US 4.6 billion in 2007.
Another leader in the industry is the film industry, it was valued at $US 1.1 billion. Its average annual growth is estimated at 12%, thanks to an increase in the number of new cinemas, and the purchase of foreign and domestic films.