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German Entertainment & Media Outlook 2026–2030

Facts, forecasts and trends from the entertainment and media industry in Germany

Our experts for questions

Stefanie Bubbers
Director at PwC Germany
Tel: +49 1511 4836282
Email

Michael Driemeyer
Director at PwC Germany
Tel: +49 1514 0739087
Email

Digital, data-driven, divided: the German media market in transition

The German entertainment and media market remains stable but is becoming increasingly a two-tier market. A handful of digital, data-driven segments are powering growth, whilst traditional revenue streams are coming under mounting pressure. Artificial intelligence (AI) is acting as a catalyst throughout the entire value chain, transforming production, distribution and monetisation. Companies that want to remain relevant must rethink their business models, formats and partnerships.

This year’s edition of GEMO features a revised structure: it is organised into six clearly defined market segments, with a stronger focus on future developments and key trends. 

“Growth today no longer comes from reach, but from data, platforms and partnerships. The key factor will be who shapes customer access and brand strength.”

Stefanie Bubbers,Editor of the German Entertainment & Media Outlook

German Entertainment & Media Outlook 2026–2030 in numbers

.0 billion

total revenue in the entertainment and media industry in 2025

.9 billion

digital revenue excluding connectivity in 2025

.1 billion GB

total data usage in 2025

+.6%

growth in internet advertising in 2025

+.3%

growth in OTT video in 2025

-.9%

decline in traditional TV and TV advertising in 2025

.4%

market share of German produced films in cinemas in 2025

.3% p.a.

decline in the publishing market by 2030

+.9% p.a.

growth in digital out-of-home advertising (DOOH) by 2030

Market overview

With an increase of 3.3%, the German entertainment and media market grew once again in 2025, driven primarily by growth in advertising revenue and connectivity, whilst consumer revenue remained largely stagnant. By 2030, the market is expected to continue growing at an average rate of 2% per year, reaching a volume of around €129 billion.

46.8% share of digital revenues in the overall market in 2025 (excluding connectivity)

Steady growth amid increasing divergence

Behind the stable overall picture lies a very nuanced reality. The shift in the market towards digital revenue continues: digital revenue rose by 7.8% in 2025, whilst traditional TV and publishing revenue continued to decline. In 2025, Mixed Reality, internet advertising, OTT video and cinema saw the most dynamic growth. 

-8.0% p.a. revenue decline from printed newspapers by 2030

Accelerated restructuring of the revenue mix

The transformation of the revenue mix is gathering pace. Internet advertising and OTT video remain the key drivers of growth. Mixed Reality is showing the strongest growth, with double-digit annual growth rates, albeit from a low base. Data-driven monetisation and Artificial Intelligence are paving the way. Print and traditional television, by contrast, are set to decline over the entire forecast period.

Overall, the picture of a divided market is becoming ever more entrenched. Growth is concentrated in a few large, digital and data-driven segments, whilst traditional sources of revenue are gradually losing their importance.

1.5 streaming subscriptions per household in 2030

Changing consumer habits and Artificial Intelligence

Content is increasingly being consumed digitally, on mobile devices and on demand. In mature segments, growth stems less from new users and more from price adjustments, bundled services and premium offerings.

AI is having an impact across the entire value chain: from production through to distribution and marketing. It is lowering the barriers to production, while opening up personalised experiences and new formats. At the same time, it is raising questions regarding rights clearance, copyright and fair remuneration.

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German Entertainment & Media Outlook 2026-2030

Key findings from the market segments

The publishing market continues to evolve – print is under pressure, whilst digital revenues are rising

The German publishing market is undergoing a period of structural transformation. Newspapers and magazines, in particular, are losing readership and revenue, whilst the book market remains the most stable sector. Digital subscriptions, e-papers and internet advertising are growing, but they only partially offset the losses in the print business. Subscription and bundled models are gaining ground. The revenue model is shifting from one-off sales towards a long-term usage relationship.

Streaming grows, traditional TV declines, cinema caught between growth and challenge

The German moving image market is undergoing structural change, too. Streaming remains the key driver of growth, while traditional television continues to lose ground, particularly in the advertising sector. In both segments, increasing market fragmentation is encouraging partnerships and bundled offers; at the same time, AI is lowering the barriers to entry for smaller studios in content production. Cinema ticket sales are on the rise, driven in part by a strong year of local productions. 

Music market grows, radio advertising under pressure, podcast advertising gains ground

The German audio market is characterised by a high degree of maturity. Music remains the segment with the highest revenue, driven by the streaming business and the live music industry. Radio continues to have a wide reach but is suffering from falling advertising revenue. Podcast advertising is emerging as the most dynamic niche in the market. The focus of the competition is shifting from user growth to effective monetisation and integrated platform strategies.

Mobile gaming as a driver of growth; augmented reality overtakes virtual reality

The German market for gaming and interactive experiences continues to grow, driven primarily by social and casual gaming as well as mobile formats. Cloud gaming is currently in the adoption phase, but holds considerable potential. E-sports remains a small, volatile sector, yet is gaining visibility thanks to new international formats. In the Mixed Reality Market (XR market), there is a clear shift from virtual reality (VR) towards augmented reality (AR). AR is expected to account for over 90% of the XR market in the future. 

Digital formats and data-based channels are fuelling the growing advertising market

The advertising market continued to grow in 2025. The key drivers of growth in internet advertising are paid search, online video, social media and retail media. Data-driven targeting, programmatic advertising and AI-powered personalisation are making this segment increasingly attractive to advertisers and are driving a further shift in budgets away from traditional channels and towards the digital sphere. Out-of-home advertising (OOH) is also benefiting from the ongoing expansion of digital advertising spaces. Germany is one of the four largest markets in the world in this respect. By 2030, digital out-of-home (DOOH) advertising will account for well over half of total revenue in the out-of-home advertising market.

The B2B media market and the connectivity market are gaining maturity as the backbone of the media ecosystem

Business information is increasingly evolving into data-driven, platform-based solutions that complement traditional publication formats. Trade magazines are under pressure, whilst trade fairs are maintaining their role as key venues for networking and knowledge transfer.

In the connectivity market, the volume of data transmitted is rising rapidly, driven by streaming, cloud services and mobile usage. As data traffic increases, so too do the demands on speed, stability and latency. 

“In the digital space, traditional boundaries are becoming blurred. We are seeing a convergence of segments, in which content, formats and revenue models are merging to form new areas of competition.”

Michael Driemeyer,Editor of the German Entertainment & Media Outlook

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German Entertainment & Media Outlook 2026-2030

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Stefanie Bubbers

Stefanie Bubbers

Director, PwC Germany

Tel: +49 1511 4836282

Michael Driemeyer

Michael Driemeyer

Director Deals TMT, PwC Germany

Tel: +49 1514 0739087

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