As an integrated business, KPMG LLP (UK) is in a strong position to respond to client needs, bringing together the right teams at the right time, across disciplines and across borders.
Digital disruption is rewriting the status quo, challenging the business models of the media world. Technology is reshaping the relationship between content and consumers. With time shifted viewing and mobile now totally accepted and set to grow enormously, TV at any time and everywhere is a reality.
With each new wave of technological change, a complex pattern of challenges emerges, characterised by constant change. There is no simple route forward.
So where are the opportunities?
Fortune really does favour the brave. Competitive advantage will require the will to make fundamental changes without fear of experimentation. And once the experience has been gained, it must be turned towards the delivery of a workable and profitable business model. Simply not playing the game isn’t an option in our view.
Broadcasters and content providers must think fast and exploit their inherent strengths: brand value, expertise, insight and capital. There is no ‘one size fits all’ solution, but those who shy away from the challenges of change could endanger their competitive advantage.
How we can help
Our sector specialists work with the UK’s major media companies to help them challenge their business models and drive out operational cost, providing a full range of advisory and audit services. We also analyse and predict emerging trends in the sector, via the KPMG Media Tracker, a bi-annual report compiled with Markit which looks to the future as viewers' habits change.