Fresh data being published by Purely Streamonomics, a new research and analytical service from Purely, shows that amidst a year of uncertainty and production hiatuses due to the global pandemic, streaming platforms have set the global film and TV industry on a trajectory of accelerated growth with no imminent ceiling in sight. The gross cash amount spent producing and licensing new entertainment content (excluding sports) soared by 16.4% in 2020 to reach $220.2 billion. This new milestone will … [Read more...] about New report shows global streaming businesses reaches “escape velocity” through rising production spend and programming budgets