![Andrew McFarlane](/getmedia/ebb9d10e-514b-4d1b-b3aa-f783f66e9002/Andrew-McFarlane-724x518.webp?ext=.webp)
Andrew McFarlane
The media and entertainment industry is a dynamic and agile sector. For many media companies, existing business models have been disrupted, leading many businesses to question whether these changes are temporary, and which ones will persist over the longer term.
Media companies operating across all subsectors are undergoing a technology-driven evolution to respond to changing customer preference for unique, digitally enabled, customisable experiences. In addition to sector-wide changes, businesses must evaluate the trends and influences of the subsector in which they operate and determine what these mean for infrastructure, investment, and service provision.
Funding for growth to innovate and to further develop existing service offerings must be balanced with strong ROI, and timely integration of new technologies. Accelerating digital transformation has been a priority across the media sector and the need to act quickly is acutely felt as new technologies create new opportunities.
Pursuing new revenue opportunities and retaining talent are also among the top priorities for media providers.
BDO’s media industry experts can help you with:
Contact your nearest BDO TMT adviser to discuss your needs.
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