Watch Out Hollywood: Creators and Sports Are Eating More of the… | HappeningNow.news

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Watch Out Hollywood: Creators and Sports Are Eating More of the Content Budgets

Where the entertainment business spends its content budget is shifting, with sports and independent creators reaping the rewards.

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Where the entertainment business spends its content budget is shifting, with sports and independent creators reaping the rewards. The consultancy KPMG released its annual media content spend analysis on Thursday, calculating the totals and outlining where the major entertainment platforms (like Disney and Netflix, but also YouTube, Meta and Amazon) are spending their money. Traditional film and TV content still has a role, but the report underscores how the winds are shifting.

Read original at The Hollywood Reporter

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