Given the increasing global reach of media and entertainment, and the industries’ power to influence public opinion, transparency, accountability and independence are critical. The protection of intellectual property and customer privacy are also key challenges.
Issues
- Privacy and data protection
- Protection of intellectual property
- Freedom of expression/creative independence (or the reverse, censorship)
- Accountability and transparency of content (including editorial)
- Independence
- Advertising policy
- Responsibility for promoting social and environmental content
Client examples
Leading US media company
New questions about conflicts of interest arose when this media and education company adopted a strategy to examine potential acquisition targets in which board members and executives held an interest. The company was concerned about the potential application of differential conflict-related standards to executives and employees, as well as the possible corporate-governance implications of actual and apparent conflicts. We benchmarked its competitors’ conflict-of-interest policies and practices and developed a set of policy recommendations for the company.
Global entertainment and media business
We helped the client improve an emerging Corporate Social Responsibility (CSR) organisation and report. This included designing the reporting process and the reporting protocol, helping select key performance indicators and designing a ready-to-use information system in order to facilitate the collection of data from more than 25 countries and several divisions. We then supported the selection process for a more robust information system for subsequent years.
South American entertainment and leisure company
PricewaterhouseCoopers made a socio-economic, environmental and tourism impact assessment of the installation of four entertainment resorts in Chile. Our assessment reports were included in the documentation that the client presented to the authorities to secure the concession contracts.
