Online gaming revenues are set to exceed those of filmed entertainment by 2025.
The filmed entertainment segment’s 2019 pre-pandemic revenue of Rs 19,100 crore was nearly three times that of online gaming’s (Rs 6,500 crore), shows data from the Ficci-EY media and entertainment (M&E) sector report released earlier this month.
The pandemic brought down movie revenues by 62 per cent. It is only estimated to recover to pre-pandemic levels in 2023 with Rs 19,400 crore in revenue.
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