"Theatre and Music Production in Saudi Arabia: Industrial Report" Published
Saudi theatre and music production market grows 48% over 2007-2012 to SR394 million, underpinned by high Internet usage by Saudis to listen to local artists' music. Local industry heavily constrained due to negative attitudes of conservative Saudis to various forms of entertainment. Profits rise 79% over review period to SR139 million in 2012, profitability expands six percentage points to 38%. Industry characterised by moderate degree of concentration, as eight largest companies capture 44% of industry's turnover in 2012. Industry expected...
View full press release