India's media and entertainment (M&E) industry wrote a comeback after the curtains were almost down in early 2020 ... and then came the multiple plot twists in the form of restarts and stops.
As a result, cash registers haven't got back their pre-pandemic ring.
Advertising revenue for the industry, which has a strong correlation with economic growth, has been clawing back with a lag.
The past two fiscals have also seen big changes in the media consumption pattern, which will have a bearing on revenue.
Given this context, some questions that arise are:
Are there structural shifts in the M&E industry's dynamics, or is this a passing saga?
Is there broad-based rebound in the industry or are some sub-segments (TV broadcasting and distribution, digital, print, radio, out-of-home media, and cinema) in a relatively sweeter spot?
For answers, CRISIL Ratings is organising a webinar where its experts will discuss:
Revenue outlook for fiscals 2023 and 2024
Trends in advertisement and subscription revenues across sub-segments
Profitability trends and credit outlook across sub-segments
Changes in the overall industry landscape and emerging themes
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.
