The media revolution
The media industry is in the grip of a technological revolution and it’s affecting every part of the business. Distribution models, commissioning procedures and revenue streams are all evolving as the industry responds to the shift to digital and personalisation. This has resulted in a flood of new channels, platforms and experiences, all of which have to be constantly fed with compelling, quality content. If they are not, audiences drop.
There has also been an increase in mergers and acquisitions, as big companies expand and new start-ups appear. In some regions it’s vertical, while in others it resembles an ecosystem. No matter how you look at it, the media landscape is becoming more complex.
It is driven by new technologies that have given consumers more choice and greater expectations. Broadcasters are revising their distribution models, advertisers are eyeing up the Internet of Things and everyone is investing in content.
Forward-thinking companies, prepared to revise their strategies, operations, products and services, can turn the challenges into real opportunities.
Why Grant Thornton?
We’ve worked with players across the breadth of the industry, from film animators to media providers and games distributors to music broadcasters. We've supported businesses from start-up to IPO, through domestic mergers and international acquisitions.
At Grant Thornton our specialist media professionals have a distinctly different approach to other firms which have traditional tax, audit and corporate finance partners. Media partners at Grant Thornton have in-depth knowledge of the sector, domestically and worldwide, and ensure delivery of a combination of services to a specific sector.
Our specialists live and breathe media in more than 130 countries around the world. We have the know-how to not only help you plan and optimise your business but also develop and expand it.
Grant Thornton media teams work with you to offer services tailored to your industry, including:
- Access to funding
- Cross-border film and TV services
- Corporate finance and specialised media M&A work
- Strategic advisory and business consulting
- Local and international tax advice
- Outsourcing your accounting and payroll functions