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Games industry set to surge over next five years

MMGN writes: A new report suggests that the video game industry will be the biggest winner in Australia's media and entertainment industry.

The industry is expected to grow 4.1 per cent a year over the next five years, analyst firm PwC suggests.

PwC's five-year media outlook forecasts the industry in Australia will top $37.2 billion by 2015.

Consumer spending is also set to increase, with an annual turnover of $2.5 billion forecast, which is an increase of 9.5 per cent annually.

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