Entertainment

The Australian entertainment industry will maintain an average growth rate of 2.1 percent in the near future, which will cause it to be worth $43.7 billion within the next 5 years.

As there are so many differing forms of entertainment, the competition within this industry is stiff. Companies and sub-industries are constantly in competition with each other for viewership, subscriptions, and sales. Consumers are demanding more entertainment and entertainment products.

Fun is big business. Various forms of entertainment are prolific in every country the world over, and there’s great opportunity in this industry. Entertainment attracts a lot of investment and consumers, invites new and innovative entertainment options to their cities, likelihood for success of new products and services in this area.

We explore the Australian entertainment market, its ability to attract foreign investment, but also the influence it can receive from the booming tourism sector, and permanent migration numbers. The future of this industry in the Australian economy is bright.

APTE is currently providing business advisory, accounting and taxation services to companies involved in retail ticketing and marketing on various entertaining events including horse races, movies, football, rugby and cricket.