Video Age International June/July 2015

4 A children's property that'll make you take another look at your toys For more information, contact Cathy Malatesta, President of Lawless Entertainment at +1 (323) 201-2678 or visit www.lawlessent.com (Continued on Page 6) TheWorld’s Priciest Cities for Travel According to the “2015 Corporate Travel Index” published by Business Travel News, per-diem costs in the U.S. are highest in San Francisco ($509.50), followed by New York City ($494.95), Boston ($465.52), Honolulu ($398.83) and Seattle ($389.11). The cheapest cities are Shreveport, Louisiana ($241.16), Tucson, Arizona ($244.98) and Norfolk, Virginia ($249.95). Driving up the costs are hotel rates, topped at $338.20 in San Francisco, $305.10 in New York City, $300.89 in Boston and $232.04 in Washington, D.C. However, food costs are highest in Honolulu ($129.25), New York City ($117.94) and Seattle ($116.44). In cities such as Miami, Florida and Los Angeles, the latter ranks 18th with a perdiem cost of $344.17 and the former ranks ninth at $368.57. As for hotel costs, Miami is still 18th with $190.17 and Los Angeles is eighth at $212.22. Outside the U.S., the most expensivecity isCaracas at $1,325, followed by London ($529), Hong Kong ($529), Muscat ($523) and Geneva ($516). In terms of favorite non-U.S. cities, Tokyo ranks eighth ($484), Paris is ninth ($483), Rome is 17th, Singapore is 25th, Sydney is 27th, Nice is 41st, Rio de Janeiro is 58th, and Mexico City is 91st with a per-diem cost of $240. From 2009 to 2013, the audiovisual turnout of European groups fell from U.S.$74.7 billion to $65.3 billion. This is according to “The Development of the European Market for On-demand Audiovisual Services,” a report that is available for free from the Strasbourg, France-based European Audiovisual Observatory. In the same period the audiovisual turnover from audiovisual activities of the 50 major worldwide groups rose from U.S.$361.5 billion to $425 billion. In 2013 alone this growth was 3.4 percent. Meanwhile, in the period 2009-2013, the European zone experienced a loss of 12.4 percent, the U.S. registered a growth of 27 percent (from $213.3 billion in 2009 to $292.2 billion in 2013). The 495-page report stated that this decline of the European companies’ position is due to six factors, including the strong U.S. dollar, the emergence of U.S. online groups, the growth of the European pay-TVmarket, which benefited U.S. groups and the stagnation of public broadcasters’ revenues. Europe’s AV Revenue Decline Attributed to The U.S. According to the study, the decline in Europe of “brick and mortar” activities (due to reduced sales of physical videos, recorded music and books), helped U.S. online retailers such as Amazon. Netflix, which in 2014 expanded into six new European countries (France, Germany, Austria, Belgium, Switzerland and Luxembourg), is said to have generated revenues of 294.8 million euro in Europe in 2013, representing 53 percent of the company’s international revenues and capturing 66 percent of the world SVoD market in 2013. June/July 2015 World

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