Page 251 - CABSAT PR REPORT - MAY 2024

5/21/24, 10:19 AM CABSAT 2024 to highlight latest innovations in media and entertainment sectors - Middle East News 247

CABSAT 2024 to highlight latest innovations in

media and entertainment sectors

By Middle East News 247 May 10, 2024

CABSAT 2024, the premier conference for the broadcast, satellite, and content sectors, is slated to
revolutionise media and entertainment with its innovative exhibitions and features for participants. The latest
edition of CABSAT, starting from May 21 to 23, 2024, at Dubai World Trade Centre, will present innovative

hall experiences for all attendees, while also highlighting cutting-edge technologies and diverse content
offerings that will shape the future of the entertainment landscape.

According to a PwC study, AI will contribute up to USD 15.7 trillion to the global economy by 2030[i]. The
Grand View Research further reported that the global AI in media & entertainment market size was

estimated at USD 14.81 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR)
of 26% from 2023 to 2030[ii], the industry is expected to witness exceptional growth. With more than 450
exhibitors and over 18,000 expected visitors, CABSAT supports this growth and offers a perfect setting for

networking, career advancement, and keeping current on the latest developments in the industry. This year’s
event presents a wide range of exhibitions and features that are designed to offer detailed insights into the
latest advancements in the media industry.

The Co-Production Salon at CABSAT is designed to be a dedicated meeting lounge that will facilitate

business opportunities to drive investments in Arabic content and attract foreign film and TV projects to the
MEASA. Participants at the Co-Production Salon can explore opportunities in co-production in long-form
entertainment content, co-funding entertainment content, commissioning projects for OTT Originals, as well

as other content funding avenues such as brand integration, private investments, and much more.

Last year’s session successfully facilitated over 350 targeted co-production and content partnership
meetings, resulting in a significant number of deals in commissioning, co-funding, and distribution, reaching

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