In 2023, the number of employees in the Motion Picture, Video and Television Programme Production, Sound Recording, and Music Publishing Activities sector in Germany stood at approximately 55,000. From 2024 onwards, the sector is forecasted to see a consistent decline in employee numbers, reaching about 35,000 by 2028. Year-on-year, the reduction in employment is projected to be around 8% from 2024 to 2025, with a subsequent similar decrease each year until 2028. The compound annual growth rate (CAGR) for 2024-2028 is approximately -8.8%, indicating a strong downward trend over this five-year period.
Future trends to watch include the impact of digitalization and automation within the industry, as these could further influence employment levels. Additionally, the rise of streaming services may continue to change the landscape, potentially leading to consolidation and restructuring within the traditional segments of production and publishing. Monitoring investment patterns in new media technologies will also be crucial in assessing long-term employment trends in this sector.
