Finance and TV heavyweights talk indie consolidation and how to value the industry
Financial and cultural value were discussed in an illuminating session that offered insights from what panel chair, The Telegraph’s audio director Kamal Ahmed, called “three titans in the area”.
Jane Featherstone, co-founder and CCO of Sister, commented on the current climate affecting the valuation of companies. “We’re in a state of change,” she said. “Budgets have risen, largely driven by getting movie talent in above the line,” she said. The feeling was that what was wanted wasn’t really TV any more, but long movies. This, she said, “pushed all the costs up”.