For the first time this year, the audiovisual media industry in Germany will reach a combined turnover of more than €13 billion.
In its forecast for the media market in 2019, German industry association VAUNET expects revenues to rise by 4.7% year-on-year to €13.02 billion.
The growth will be driven in particular by streaming services and pay-TV.
In the previous year, the industry’s revenues climbed by 7% to €12.44 billion.