Bullish global online media outlook

Althougth the Reuters report doesn’t mention India, the PwC Global Entertainment and Media Outlook must have something about the subcontinent.

But the fact that the boom being predicted is based on the increasing use of “high-speed connections and social networking and entertainment sites” should come as an indicator that social networking is here to stay.

We expect that China will accelerate in use of the Internet from where they are today — in sheer numbers (of users) they are incredible,” said Joseph Rizzo, U.S. Advisory Technology Sector Leader for PwC.

Web spending seen rising by double digits to 2011

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