Last Friday mocoNews covered a newly released report from PricewaterhouseCoopers on the global outlook for entertainment and media spending. The results look good for mobile content providers:

Double-digit growth is expected for digital and mobile spending in each territory covered in the report, with total spending rising to $153 billion by 2011.

Within the next five years, nearly half of the total industry growth is expected to be generated through online and wireless technologies. Fortunately, the audience for entertainment and media will also grow. Broadband households will almost double from 300 million to 540 million subscribers by 2011 and mobile users will reach a whopping 3.4 billion.

You can read the rest of mocoNews' summary here, or head over to the PWC website to read the actual report.