Ernst &Young Global Media & Entertainment Center - Ernst & Young - United States

Some say these emerging markets are the future for global media growth (pdf, 1.6mb). But in order to understand and optimize their opportunities, companies must take into account the success factors and key challenges of doing business there. To better gauge the landscape, we offer top-to-bottom insights on these individual markets.

After years of missed attempts, web-enabled television is finally on to something. TV widgets are captivating consumer’s attention by delivering information right to their very own TV screens. But, will this be the catalyst to widespread adoption of web-enabled TV? We offer some insight.

How can you manage your company through the recession and position yourself for growth? After interviewing thousands of M&E executives, we identified some overarching themes. From rethinking your business model to demonstrating operational flexibility, we reveal the lessons that could mean the difference between surviving and thriving in the new economic environment.

The most recent Hot Topic publication from Ernst & Young’s Professional Practice Group summarizes the views and comments of the four panels convened in December 2007 by the Securities and Exchange Commission on adopting International Financial Reporting Standards (IFRS) (pdf, 157K) for financial reporting in the US. The report also includes our insights and opinions on the matter, including the need for the SEC to set a “date certain” when all US issuers would be required to adopt IFRS.

The heightened level of revenue uncertainty has media companies focusing on what they can still control: their costs (pdf, 1.68mb). So it's no surprise that our list of the top risks in the industry is led by the need to respond to the economic downturn, and the challenge of cost control. Read our report to see where the other risks rank and gain insights into our findings.

In our recent webcast, "Conversion considerations for IFRS", nearly 75 percent of participants indicated that their company hadn’t begun activities toward IFRS conversion. As the SEC continues its march towards IFRS, there will likely be far-reaching effects across your corporation. To focus your thinking on IFRS transition strategy and to spur your conversion timetable, use this publication to prepare for this vast initiative. To request your copy of the report, please complete a brief form.

Looking for updates on the latest trends taking place within the M&E industry (pdf, 862kb)? From revealing the monumental changes taking place by the digital environment, to examining how companies are handling the most pressing strategic business risks, to discussing how to do business in emerging markets, Connect offers the insights you need to maintain a competitive position in this evolving landscape.

Embracing and profiting from rapid technology change and consumer conduct (pdf, 874K) are two of the most pervasive challenges for Media & Entertainment (M&E) companies today. How will these combined forces continue to affect the industry in the future? In this report, we offer M&E executives clear and powerful insights on how to separate the hype from solid business drivers.