Media & Entertainment


How is the media & entertainment industry transforming in the emerging digital world?

How is the media & entertainment industry transforming in the emerging digital world?

Change driven by technology, innovation, and consumer demand is creating new opportunities in the industry

Business transformation has reached a level of maturity in the media industry, and executives view this period of rapid and dynamic change with optimism. Change - driven by technology, innovation, and consumer demand - is being viewed largely as a positive, and it’s creating new opportunities. Today, technology enables companies to change more efficiently, and though there is still inherent risk, it is greatly diminished. Companies that transform can take advantage of opportunities brought about by convergence. They need to adapt their business models to fight competitive threats and seize opportunities to grow.

KPMG is helping media organizations identify efficient and profitable options to deliver content, especially in light of new mobile platforms and increasing competition in user- generated media. Our clients in the broadcast, cable and cable network, music, film/studio, advertising, publishing, online, live entertainment and movie theater exhibition segments seek advice about Digital asset protection, Contract compliance, IT and finance transformation, Shared services strategies and Risk compliance issues.

KPMG’s Media and Entertainment group has a strong Audit and Tax presence in the industry, and is at the forefront of convergence with its digital services. KPMG is also focused on Advisory services to meet such industry challenges as: 

  • Customer growth options – new products and platforms
  • Privacy and data security issues
  • IT transformation and business process improvement
  • Energy management issues
  • Strategic sourcing
  • Convergence of governance, risk and compliance
  • Digital transformation issues
  • M&A, including post-merger integration
  • Treasury and tax management optimization

As an established leader in serving communications providers, KPMG LLP combines global perspective with in-depth industry knowledge to offer a focused array of collaborative services. Our Media and Entertainment professionals combine deep industry experience with knowledge of digital and traditional media. We help our clients to develop new business models that take advantage of digital revenue opportunities, while assessing their compliance and risk profiles. All of which can add up to helping companies address today’s critical challenges as well as tomorrow’s emerging trends. Globally, KPMG member firms provide professional services to 73 percent of the Top 40 media companies in the Forbes Global 2000.

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