The global entertainment sector is set to “lose $160 billion of growth” as a result of the novel coronavirus pandemic over the next five years, research firm Ampere Analysis estimated in a report on Thursday. “While the biggest impact will be felt in 2020 and throughout 2021, growth will be reduced each year for the duration of the five-year forecast period,” the firm said.
Source: Entertainment Industry’s Coronavirus Hit Estimated at $160 Billion Over 5 Years