Overview
The Media & Entertainment industry is undergoing a major paradigm shift driven by the introduction of new business models, distribution platforms and transformative technologies.
L.E.K. Consulting advises clients in all areas of the Media & Entertainment ecosystem. We help companies manage change, grow profits and remain competitive amid market uncertainty.
Our Media & Entertainment practice has experience working with major movie studios and streaming companies, broadcast and cable networks, gaming companies, and production services providers.
We also conduct an annual Media & Entertainment survey that tracks evolving market and consumer trends across the industry.
How we help
Our Media & Entertainment practice leaders specialize in growth strategy development, transaction support and operations improvement to achieve high-impact results for clients.
We are active in all areas of the Media & Entertainment landscape:
Success Stories
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For a major media conglomerate, we supported the development of an advertising video-on-demand (AVOD) streaming strategy
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For a production services company, we assessed the outlook on production spend across major entertainment market segments
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For a major retailer, we developed a growth strategy for its online advertising and retail media business
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For a sell-side advertising platform, we created an organizational strategy for the next stage of growth
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For an international broadcast company, we performed a strategic review of the video-on-demand (VOD) and AVOD markets
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For a major studio, we evaluated the future stability of its feature animation business to underwrite a successful $7 billion acquisition of a leading feature animation studio
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For a mini-major studio, we developed a film ultimates model that allowed the studio to greenlight a project resulting in tens of millions of dollars in profit
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For a major theatrical chain, we performed a detailed operations diagnostic that led, within 12 months, to $10 million to $15 million of annual savings
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For a sports entertainment company, we supported the launch of a subscription over-the-top service that quickly reached more than 1 million paying subscribers globally
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For a major promoter and venue owner, we supported the launch of a self-ticketing service that led to a $2.5 billion merger that reshaped the ticketing business