Revenues of media and entertainment (M&E) companies have a strong correlation with economic growth and consumer spending.
Not surprisingly, when Covid-19 struck and lockdowns began, M&E was among the sectors that bore the brunt.
Ten months later, economic activity is rebounding with lockdowns being relaxed, and discretionary spending improving helped by festival-season sales.
Which begs some questions, such as: Is the sector recovering at the right pace? Has the pandemic brought any structural shifts in the industry dynamics? Are growth triggers different across sub-segments (TV broadcasting and distribution, digital, print, radio, out-of-home media, and cinema)? What is the outlook of CRISIL Ratings on the industry's revenue, operating profitability and credit profiles?
For answers, CRISIL Ratings is organising a webinar where its experts will discuss:
Revenue projections for fiscals 2021 and 2022
Trends in advertisement and subscription revenues across sub-segments
Profitability trends, credit outlook across sub-segments
Evolving perspective - from the 'new normal' to a 'new future' of M&E
This will be followed by a panel discussion by industry experts and a Q&A session.
Disclaimer: This event and its content are intellectual property and confidential information of CRISIL. Any use of the same without written permission of CRISIL is illegal and hence punishable. Recording the webinar in any form in full or part or copying, altering, distributing or streaming the webinar is strictly prohibited and violation will attract legal action.
