The bar chart shows the spending on five entertainment markets in Asia, Europe and the USA in 1995 and 2000. In total, the United States’ expenditure was significantly higher than the expenditure of Asia and Europe in both years. The publishing industry and television were the top two spenders, and the United States saw the highest increase in overall spending.
In 1995, the United States was spending about 183 billion dollars on entertainment, while Europe was spending 97 billion dollars and Asia was spending only 67 billion dollars. That equates to a difference of $86 billion between the U.S. and Europe and $116 billion between the U.S. and Asia. The United States was the biggest market for publishing, and television was a big market. Asia’s overall spending was the lowest, but television and publishing accounted for a large proportion of the spending.
In all three regions spending had risen by 2000. The United States’ GDP was around 257 billion dollars, up from about 206 billion dollars. Asia also saw significant growth, from 67 billion to 110 billion, a growth of 43 billion. The smallest growth was in Europe, where spending grew from 97 billion to 131 billion, or by about 34 billion. Despite this increase, Europe was still less than the United States, but more than Asia in total spending.
In the individual markets, the largest expenditures in all three regions were in the publishing and television markets. Spending was especially high in the United States for publishing and television was a significant category. In most instances, the expenditure on music and video was significantly less and in the smallest instances, the expenditure on cinema was the lowest.
To sum up, the amount of money spent on entertainment rose considerably in Asia, Europe and the United States from 1995 to 2000. The United States, however, was still much ahead of the other two regions, with Asia showing a higher growth rate than Europe. The entertainment markets as a whole were dominated by publishing and television.