Media industry to double sales by 2011
New
Delhi,
Oct
07
2007:
According
to
the
FICCI-PricewaterhouseCoopers
annual
media
report,
the
year
2006
was
a
turning
point
for
the
industry
marking
the
beginning
of
its
convergence.
The age of convergence has led to collaborations between the value-chain partners to provide new products and services to consumers, leading to the creation of media conglomerates. The industry is estimated to be worth Rs 43,700 crore currently.
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Story first published: Tuesday, October 9, 2007, 10:40 [IST]