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Ernst &Young >Industries>Media Entertainment Overview - Ernst & Young - India

Tune in to India’s entertainment economy

Even in an industry synonymous with creativity and innovation, there used to be constants. The business model. The value chain. The separation of content creator and audience — not any more!

The media and entertainment industry is undergoing rapid change — everywhere, often and always at a very high speed. You’re under constant pressure to embrace new technology, develop new distribution models, comply with new regulations and satisfy the demanding new consumer-turned-competitor.

At Ernst & Young, Media & Entertainment is a priority sector. We bring to our clients, the combined acumen of over 2,000 professionals spread across more than 100 countries. Our services domain spans advertising, broadcasting, events, filmed entertainment, music, marketing services, publishing, radio, animation, post production, internet, mobile and out of home media. We advise some of the foremost players in the sector including companies on the 2008 Fortune 1000 list. Ernst & Young, also, leads among the Big Four firms in the overall media and entertainment sector on the 2007 Russell 3000 index.

In India, our Media & Entertainment practice consists of over 140 professionals across eight cities. Our clients comprise global corporations with a presence in India as well as emerging domestic companies. We have developed a breadth of service offerings such as entry strategy, private equity placement, IT security review, organization structure and performance management to name just a few. Our domain knowledge has enabled us to establish a strong presence across each segment of the industry.

As your advisors, we help you respond quickly and effectively to the challenges of today’s entertainment sector.

Lessons from change: media & entertainment industry

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.

From emerging to surging

The Indian media and entertainment industry is going through a metamorphosis and companies will need to adopt relevant strategies to stay competitive. Read this report to find out the key trends, opportunities and issues within the television, film, radio and new media segments of the industry. Contact us for a complete copy of the report.

Effects of counterfeiting and piracy on India's M&E industry

This report estimates that the Indian M&E industry loses some 820,000 jobs and revenue equivalent to $4 bn each year to piracy and counterfeiting.Read the study as it examines the impact of piracy on M&E sector and recommends the way forward. Contact us for a copy of the report.

What’s next for Indian media and entertainment

This white paper looks back at the 5 key trends in the M&E industry over the past 2 years and more importantly, defines critical areas for M&E companies to focus on, in 2009. Contact us for a complete copy of the report.

India's FM radio sector- understanding the growth imperatives

India’s FM radio sector: understanding the growth imperatives is a survey of the private FM radio market in India and provides insights into the future strategies that will shape the growth of this sector. Nearly 80% of the surveyed companies expect to achieve a turnover of over Rs. 500 mn within the next two years. Contact us for a complete copy of the report.

 

To read more please click here.

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Contacts

Farokh T. Balsara 
Partner & National Leader - Media & Entertainment Sector
Phone: +91 22 4035 6550

Devendra Parulekar 
Partner
Risk Advisory Services
Phone: +91 22 4035 6323

Ashok Rajgopal 
Partner
Business Advisory Services
Phone: +91 22 4035 6420

Rakesh Jariwala 
Partner
Tax and Regulatory Advisory Services
Phone: +91 22 6665 5860

Mukesh Jain
Associate Director
Transaction Advisory Services
Phone: +91 22 6749 8162

Payal Sheth
Media & Entertainment Industry Coordinator
Phone: +91 22 4035 6795

Resource optimization for M&E companies


Cover: Industry 360 Vol IV

 Held on April 2, 2009, the session focused on key challenges faced by M&E companies.

For further information contact us .

 

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