New Asia Film Industry Report for 2007 details the explosive growth of the movie market in 9 key territories
Released on: September 24, 2007, 6:07 pm
Press Release Author: Joon Yoon
Industry: Entertainment
Press Release Summary: New report looks at the status and future prospects of the movie markets in Asia, the fastest growing region in the world
Press Release Body: LOS ANGELES, CA - September 20, 2007 - Entertainment Asia Network (EAN), a research firm focused on surveying the media industries of Asia, has announced the release of a new report titled "Asia Film Industry Report 2007" that seeks to provide an overview of key Asian territories and their relevant film markets through details on market size, population segmentation, production, financing, distribution, exhibition, export market, import market and home video/DVD market.
The purpose of this new report is to analyze the current status and future prospects of the film/movie industry in all of the major Asia territories that include the following: China, Hong Kong, India, Japan, South Korea, Singapore, Taiwan, Thailand and Vietnam. The report forecasts are based on economic and geographic factors that have significantly contributed to the region's rapid development such as population totals, purchasing power and domestic consumer spending growth, rising ticket prices, increasing number of plush multiplex theaters and screens, increase in domestic film production, emergence of home video infrastructure, rise in quality and quantity in local creative talent and cultural changes.
Asia's powerhouse economies of China, India, South Korea and Japan will continue to post spectacular gains and the financial strength of these growing markets will eventually result in an Asia that is capable of sustaining itself with the regional profits alone. To achieve the sense of immense market potential that is Asia, EAN forecasts that the four nation's domestic theatrical movie market, a sector that exhibits the least amount of regional variance, will have combined total revenues of over $10.5 billion by the year 2020 with Gross Domestic Product totals that will reach over $16 billion. Furthermore, EAN suggests that the four regions will follow a steep upward trend to overtake the U.S. industry by sometime in the year 2025.
The report ultimately seeks to deliver a clear, overall view and accurate assessment of Asia's entertainment and media industry, which can prove to be difficult as the entertainment sectors in Asia differ drastically in terms of structure, organization and definition from region to region. For purposes of accuracy, simplicity and clarity of understanding the broad picture, the report focuses on just the film industry to get its message across, as it is the one industry that exhibits the least amount of regional variance across the area. Through objective analysis and research, the report illustrates the potentially enormous force that Asia will become in the global marketplace over the next 40 to 50 years.
Contents of the report:
Introduction Background Economic Perspective of Asian History Economy of Asia - Japan - South Korea - China - India Outlook of Asia\'s Economy China Film Industry Market Size and Segmentation Production Distribution Film Imports Film Exports DVD Market Hong Kong Film Industry Market Size and Segmentation Production Film Financing Distribution Exhibition Film Imports Film Exports India Film Industry Market Size and Segmentation Production Funding For Films Distribution Exhibition Film Exports Film Imports Japan Film Industry Market Size and Segmentation Production Animation Film Funding Distribution Exhibition Film Imports Film Exports Home Video Market South Korea Film Industry Market Segmentation Production Distribution Exhibition Foreign Imports Foreign Exports Screen Quota Singapore Film Industry Market Size and Segmentation Production Film Financing Distribution Film Exhibition Censorship Film Exports Film Imports Home Video Market Taiwan Film Industry Market Size and Segmentation Production Distribution and Exhibition Film Imports Thailand Film Industry Market Size and Segmentation Production Distribution Exhibition Film Imports Film Exports/Foreign Markets Home Video Market Vietnam Film Industry Market Size and Segmentation Production Distribution & Exhibition Exhibition Film Imports Home Video Market Film Exports Index of Tables
For more information, please visit http://www.entertainmentasia.com/reports.php.
About Entertainment Asia Network (EAN)
Entertainment Asia Network (EAN) is a business news and analysis source that specializes in providing industry information pertaining to the rapidly growing entertainment and media markets in Asia. Our areas of coverage include the Asian industries of film/movie, TV, video game, mobile content, Internet content and music. Our primary goal is to evaluate important industry-specific news and information needed to gain greater understanding and access into Asian markets via news articles and market reports on our website at www.entertainmentasia.com and our weekly newsletters that are read by more than 12,000 executive-level subscribers.
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