Driving business value in the Entertainment and Media industry

Rapid evolution requires a different approach in Entertainment and Media

The rapid growth in digital media is leading to greater complexity within the industry’s value chain. No longer linear and fixed, the value chain is more fluid, evolving and multidirectional.

This means businesses must stay nimble and rethink how they prepare, predict and evolve so they are ready to embrace tomorrow. Clients need increased flexibility and collaboration to manage complex workflows and data. Our BXT approach helps reframe business challenges by breaking down silos, altering mindsets and uncovering new value.

We are helping our clients stay ahead of these changes through the PwC Entertainment and Media Model System, PaaS applications and integration services. We create our solutions according to the needs of each business, providing clients guidance from our global E&M practice to help change their business forward.

Introducing PwC’s Entertainment and Media Model System solution

Our global E&M practice has extensive industry experience to help our clients you achieve business objectives and sustain competitive advantage. Using recognized industry practices, we developed our Entertainment and Media Model System — a holistic approach that guides clients from the planning process to results, focusing on what matters the most to their organization.

This system addresses common industry challenges such as disconnected corporate and studio accounting systems, inflexible legal entity structures that complicate mergers and acquisitions, and manual reporting. Our teams work with our clients you to align process and Oracle Cloud technology with their specific business objectives to create greater business value.

We don’t just think differently about the role of technology, —we’ve designed different directly into our operations. Our model system includes tools and accelerators which help improve and standardize processes throughout our clients’ business transformations to maximize ROI.

Our focus on transformational business outcomes

Our Entertainment and Media Model System provides a differentiated approach for different outcomes. Each client’s business has unique challenges, so we focus on what will make the biggest difference in our client’s success. We enlist all pillars of our firm to architect benefit-driven outcomes.

We align our model system solution with enabling technologies to help our clients achieve specific business outcomes such as value, speed, focus and agility.

Value: integrate disparate accounting systems for a single source of truth, increased accuracy, and reduction of manual processes

Speed: leverage project accelerators from the PwC Entertainment and Media Model System to reduce implementation time

Focus: analytical and BI tools designed around business needs to provide greater insight and back office visibility

Agility: automate cumbersome cost, margin, revenue and other industry specific reporting

How we led a business and technology transformation for a television studio

The content revolution is challenging the way traditional networks think, requiring them to evolve quickly to get ahead of industry demands. Simply put, as more content becomes available to consumers, companies need to fully understand the financial impact of their data. Efficient financial systems and processes are a must. Our global E&M practice tackled these challenges for a television production company, helping them build a scalable IT structure and Oracle Cloud application model that increased visibility and insights into current and forecasted financials.

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