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A robust economy and the positive impact of the Internet have driven solid growth in the entertainment industry over the past two years, and they are expected to sustain even stronger gains during the next five years. With substantially greater amounts of disposable income than they had earlier in the decade, consumers have been willing to spend more money on entertainment products and services in recent years. Few balk at the price of a theatrical film or renting a home video, especially in DVD format as more titles are released, while many are taking advantage of the convenience of ordering music over the Internet. In addition, families, especially those with children, are increasing their expenditures for interactive gaming equipment and software.

Overall, spending in the three major market segments of the entertainment industry-filmed entertainment, recorded music and interactive entertainment-rose 7.0 percent to $60.6 billion in 1999.

Unlike other firms with more sprawling mandates, Veronis Suhler Stevenson’s team of investment banking professionals specializing in the entertainment industry is focused on helping film and television producers and recorded music publishers and producers with the sale, merger and divestiture of media properties and companies.

To learn more about recently completed entertainment industry transactions and Veronis Suhler Stevenson's financial advisory services, contact:


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