The media and entertainment (M&E) industry is reckoning with a shift from a supply-driven model, in which companies push content to the consumer through different staged viewing “windows,” toward a demand-driven model, in which consumer behaviors and preferences dictate M&E ecosystem activity.
Media and entertainment companies must reevaluate their business models, capabilities, and ecosystem partnerships to address the following challenges:
These challenges have compelled M&E companies to take a targeted approach across the full content life cycle: content greenlighting, production efficiency, distribution strategy, advertising effectiveness, and audience engagement.
The industry is expected to continue to face challenges from macroeconomic headwinds and increasing competition, but opportunities for differentiation and profitable growth still exist. To lay a strong foundation and position themselves for the future, companies can focus on:
The pathway to sustainable profitability will not be easy, but with the infrastructure and capabilities required to understand what the consumer wants today, and beyond, media and entertainment companies can take the lead—and emerge victorious.