Communications and Media

Media-Morphosis

We help media and entertainment businesses outmaneuver uncertainty. With end-to-end transformation expertise, our clients emerge stronger and grow.

COVID-19: WHAT TO DO NOW, WHAT TO DO NEXT

Regaining eminence & emerging stronger

Driving M&E profitability with a zero-based mindset

Many media and entertainment (M&E) companies have attempted to improve profitability through targeted cost-reduction initiatives - the need for which has only escalated in the wake of COVID-19.

We analyzed the financial performance of major publicly traded M&E companies to identify the profitability impact within two years after the announcement of cost reduction initiatives.

We found that, on average, M&E companies’ profit margin rises and peaks within roughly three quarters after a cost reduction initiative is launched—then reverts to below prior profit levels inside of two years.

Explore how M&E companies today have an historic opportunity to dramatically and permanently shift their cost curve, design a new business for the future unencumbered by their legacy operations, and unlock a tremendous amount of money to fuel their growth.

COVID-19

Workday podcast: Lessons from adversity

Mike Chapman talks about the effects of the COVID-19 pandemic on media and entertainment companies and how the industry is looking to the future.

COVID-19

Building on a trusted platform

Explore how consumers assessed media and communications businesses.

COVID-19

COVID-19: Media, entertainment & culture response

The World Economic Forum & Accenture explore how the crisis response will have lasting implications.

COVID-19

COVID-19: Post-Coronavirus technology trends

COVID-19

LinkedIn article: A renewed consumer relevance

COVID-19

A plan for the Media & Entertainment Industry

The value of a platform in media & entertainment

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In 2019, for the first time, consumers spent more time on digital media than on any other format. To compete, and win, in this massively disrupted landscape, traditional media and entertainment businesses need to transform on three critical fronts:

Establishing direct customer channels

Develop a direct relationship with end customers, as traditional wholesalers are now positioned to become retailers through platform enablement.

Becoming an intelligent enterprise

Shift value to creators based on customer engagement and become a more intelligent enterprise to extend customer lifetime value.

Expanding monetization

Expand monetization beyond subscription, taking into account the long-tail opportunity of the digital economy as a lever for unleashing trapped value.

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Explore the full report