Rebalancing The Media Model
Businessworld|26 Jan 2022
Restrictions loosen, recovery begins, and with that comes a rebalancing in the media and entertainment genre, transforming both consumption patterns and business structures
Rebalancing The Media Model

RESILIENT AT THE CORE, transformed in its avatar, the Indian media & entertainment (M&E) sector began transitioning to a hybrid model during the 2020 crisis. New behaviours dictated business decisions, which then manifested into newer trends for the sector. In the short-term, very positive signs emerged but the concern of the long-term remained. What was here to stay, what would revert to the pre-Covid normal, and how will the composition of the sector balance itself.

Numbers indicate that the sector is on the cusp of a strong growth phase, backed by rising consumer demand and improving advertising revenue. According to a FICCI-EY report, the advertising to GDP ratio is expected to reach 0.4 per cent by 2025 from 0.38 per cent in 2019, which in the backdrop of the crisis, is a healthy number. The overall M&E sector is estimated to have reached Rs 1.73 trillion in 2021, and projected to grow to Rs 2.23 trillion by 2023. Accelerated digital adoption across parameters drove this trend but what truly stood out was the cross-media growth.

New Sectors Grow, Legacy Grows Too

この蚘事は Businessworld の 26 Jan 2022 版に掲茉されおいたす。

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この蚘事は Businessworld の 26 Jan 2022 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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