PwC Report: Romanian leisure and media marketplace expected to boost by 10% to EUR 3.4 billion in 2022

The amusement and media (E&M) field in Romania is expected to attain yr-on-calendar year development of 10% to a overall price of EUR 3,4 billion in 2022, having it previously mentioned the pre-pandemic level (EUR 2.53 billion in 2019), with most segments envisioned to mature, in accordance to the 23rd version of the PwC “Global Enjoyment & Media Outlook 2022−2026” (GEMO). The progress level is very similar to previous year’s 11%, and the forecast shows that the field will go on to grow at 6 to 9% for each 12 months till 2026.


Regionally, Romania has the second swiftest increasing media and enjoyment field between the Central and Jap European international locations integrated in the report. For case in point, the sector is envisioned to grow in Poland by 10.2% this calendar year, in Hungary by 7.85% and in the Czech Republic by 7.45%.

Winners vs losers in 2020 and forecasts for 2021

With the lifting of the pandemic constraints, the movie market has begun to recover. Previous yr noticed file expansion in the Romanian media and enjoyment current market, with a 68% improve to EUR 25 million. This year’s progress is anticipated to be even bigger, at 83% to EUR 46 million, but it will not get to the pre-pandemic level of all-around EUR 60 million.

The in excess of-the-top (OTT) (e.g. Netflix) providers current market in Romania recorded the 2nd optimum growth in the market previous calendar year of 29% to EUR 44 million. It will go on to improve this year at a slower level, estimated at 18% to EUR 52 million. Romania remains the smallest OTT industry in the Central and Jap Europe (CEE) region despite spectacular growth charges in current years. This yr marked the start of two new expert services on the Romanian marketplace: HBO Max and Disney+.

Expending on net entry is the most significant section of the market, with 37.5% of the market place. It grew by 7% to EUR 1.16 billion in 2021 compared to the previous 12 months, and the report indicates a 10% enhance in 2022.

World-wide-web advertising grew by 35% to EUR 500 million in 2021. This phase will go on to mature this calendar year, by 14% to EUR 569 million. Romania has the smallest internet promoting industry in CEE, but it is the swiftest developing. The cell sector dominates the current market and accounts for 74.3% of total online promotion revenues.

The video online games and esports section also recorded a significant increase of 21% to EUR 213 million. For this calendar year, a 12% improve to EUR 239 million is expected.

Reserve profits stagnated past 12 months at the 2020 amount of EUR 89 million and are anticipated to rise to EUR 90 million this year. The audiobook current market in Romania appears to be to be rising, and podcasts are currently common in the place. In 2021, two audiobook expert services have been released in Romania: Echo and Voxa.

Tv set and movie written content eaten at house grew previous year by 3% to a value of EUR 539 million, but it is predicted to stagnate this year. This is the 2nd greatest phase in Romania in terms of revenue created, just after net access.

Television promotion revenues grew by 11% to EUR 332 million last year and are anticipated to attain EUR 360 million in 2022.

The B2B media sector returned to expansion very last yr, up 9% to EUR 140 million, and the outlook is even a lot more optimistic this yr, with an estimated 17% increase. This will consider the segment to pre-pandemic degrees.

Yet another section that returned to growth last 12 months is the out-of-home promotion industry, which was up 17% to EUR 30 million. The outlook for this yr is for an increase to EUR 38 million.

Newspapers and client magazines in Romania continued their drop by 8% to EUR 46 million in 2021. A even further 2% decrease is anticipated this yr.

Right after declining in 2020, the radio, tunes and podcast section grew by 11% to EUR 27 million previous 12 months and is estimated to climb by 14% in 2022 to EUR 31 million.

Globally, the media and enjoyment industry’s income is expected to develop by 10.4% to USD 2.34 trillion in 2021.