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THE
ENTERTAINMENT
INDUSTRY
IS GROWING

U.S. MEDIA & 

ENTERTAINMENT INDUSTRY 

$717 Billion

The market size the of the U.S. Media and Entertainment industry . 

EXPECTED GROWTH

8.9% 

The U.S. Media and Entertainment industry is expected to experience a CAGR of 8.9% through 2030.

MUSIC SECTOR

$43 Billion

The size of the music sector can be hard to calculate due to the sheer number of related industries. For example, some of the most noteworthy portions of the Music industry include the Recording industry ($8.8 billion), the Live industry ($9.5 billion), and the Publishing industry ($1.8 billion), among others.

GAMING INDUSTRY

$160 Billion

In 2006, the Gaming industry was worth roughly $8 billion, but now that number is up to $160 billion. Much of this can be attributed to a boom in mobile games, which make up roughly 45% of the industry’s total value.

MOVIE INDUSTRY

$91.83 Billion

With film entertainment revenue amounting to $25.9 billion. And while that might seem like a lot, it’s actually a 27% decline from 2019, when revenue was at $35.3 billion.

 

Overall though, the Film industry has continued to grow throughout the pandemic, despite theater closures. The industry is expected to have a CAGR of 4.1% from 2018 to 2025.

TOTAL U.S. GDP

6.9%

With a market size of $717 billion, accounting for 6.9% of the U.S. total GDP, it can’t be understated just how massive the Media and Entertainment industry is. After all, we likely interact with streaming services, TV, games, music, books, and other vital aspects of the industry every single day.

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Black Entertainment
Economic Council

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Black Entertainment

Economic Council

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Black Entertainment

Economic Council

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Black Entertainment

Economic Council

The Black Entertainment Economic Council is a nonprofit advocacy group dedicated to advancing economic development, professional networking, skill building, and workforce development within the black community in the dynamic entertainment industry. 

Who Is The BEEC?

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BLACK ENTERTAINMENT ECONOMIC COUNCIL

contact@thebeec.org
404-441-0800
925B Peachtree Street

#339
Atlanta, GA 30309

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 The BEEC's mission for creating a strategy for the Black community in the entertainment space aligns with my passion, so I'm on board for the ride to build an better future alongside them. Come see for yourself!

Frankie B.

BEEC Member

© 2023 by Black Entertainment Economic Council. Created by Media Savvy.

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