US media sector to continue growing faster than economy.
Total communications industry spending in the US is set to increase 3.5% this year and post a compound annual growth rate (CAGR) of 6.1% in the 2009 to 2014 period to $1.4 trillion, driven by a gradual economic recovery, advances in digital technology and secular trends affecting the entire industry landscape (see chart ).
The shift of spending and consumption is reflected by growth not only in key industry sectors such as business and professional information and services; targeted…