Public finds less value in entertainment industry, is unhappy about paying
With so many entertainment options available now, consumers are finding less value from entertainment products and an overwhelming majority are displeased with the industry's move to charge for services provided over the Internet, according to a survey by public relations company Edelman.
In its 2011 survey, Los Angeles- and London-based Edelman found that the value consumers are getting from the entertainment industry has fallen by 68 percent in all areas. Only 17 percent of all respondents feel that entertainment sources today provide "very good" or "excellent" value. Only social networking sites, which the majority of respondents believe are a form of entertainment, have retained steady levels of value at 37 percent in the US.
Public finds less value in entertainment industry, is unhappy about paying