China is now the world’s second-highest spender on television shows after the U.S., with its annual expenditure hitting $10.9 billion in 2017. It beat the U.K., with a spend of $10 billion, into second place, according to a report by analyst IHS Markit. Both countries’ program spend is dwarfed by the U.S., which spent $58.3 billion on content.
— Read on www.cnbc.com/2018/08/20/china-is-now-the-worlds-second-highest-spender-on-tv-shows-after-us.html
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