Industries Media Entertainment Overview - Ernst & Young - Australia

How can you manage your company through the recession and position yourself for growth? After interviewing thousands of M&E executives, we identified some overarching themes. From rethinking your business model to demonstrating operational flexibility, we reveal the lessons that could mean the difference between surviving and thriving in the new economic environment.

The 2009 Ernst & Young business risk report: Media and entertainment (pdf, 1.7mb) outlines the top 10 risks facing the media and entertainment industry, as determined by a panel of industry analysts, academics and industry insiders. It also looks at some of the risks that are currently "under the radar" – risks that may rise in importance over the coming years.

Industry 360° (pdf, 5.2mb) explores the questions facing every industry sector, such as: What are the long-term ramifications of the credit crisis on my business? What can I do to weather the storm? It also provides perspective on the impact of climate change on business, and the role of accounting profession in shaping the climate change agenda.

This paper (pdf, 4mb) looks at the state of the industry in the context of a turbulent economic environment and addresses the strategic, financial and operational issues media and entertainment companies need to consider in order to weather the current crisis.

Embracing and profiting from rapid technology change and consumer conduct (pdf, 1.7mb) are two of the most pervasive challenges for Media and Entertainment (M&E) companies today. How will these combined forces continue to affect the industry in the future? In this report, we offer M&E executives clear and powerful insights on how to separate the hype from solid business drivers.

Looking for updates on the latest trends taking place within the M&E industry (pdf, 862kb)? From revealing the monumental changes taking place by the digital environment, to examining how companies are handling the most pressing strategic business risks, to discussing how to do business in emerging markets, Connect offers the insights you need to maintain a competitive position in this evolving landscape.

Risks abound in media and entertainment. Consumer demands are shifting. Business models are changing. New markets are emerging. We highlight these risks and many others in "Strategic Business Risk 2008 — Media and Entertainment". They're on our radar — are they on yours? To explore strategic business risks in the media and entertainment industry, request your copy from the Global Media & Entertainment Center.