By 2015, a majority of media companies’ revenues will come from digital sources, said an Ernst & Young survey of executives released Wednesday. Right now, 47 per cent of revenues come from digital sources, a figure that is expected to climb to 57 per cent by 2015, a release said. The study was based on a survey of more than 500 executives with media and entertainment companies around the world, including the United States, China, India, the United Kingdom and France. The surveys, conducted in the first quarter of 2013, were combined with the firm's own primary research and analysis, the report said. “While new, transformative technologies allow media and entertainment companies to offer the personalized, anywhere, always-on content that media consumers now demand, the research finds gaps between the potential to build revenue, reanimate legacy offerings, develop new products and services, and get to market more rapidly,” the release said. Media and entertainment companies need to become more agile, accept bigger and more diverse risks, while new technologies like social networking offer companies “unprecedented opportunities to meet their customers wherever they are,” Ernst & Young said. Companies must develop digital products and services at a faster pace, the firm said, or competitors that are more digitally savvy could beat them to the punch. Media and entertainment companies can also “partner more closely with one another to meet the digital challenges, but they need to better understand the 'disconnects' that separate them,” the report said.