2016 was a bumpy year for many in the Media industry. Some were lucky enough to enjoy good times in 2016 with creative freedom, growing tax credits and financial buoyancy whilst other were left unstable and uncertain after the referendum result as well as several other market pressures. The TV world survived a scare when MP John Whittingdale finally conceded that the Terms of Trade needed no review, The Film industry shuddered at the possible loss of the EU Media program funding and free EU movement, Advertising also felt a hit with the rise of the In-House production companies.
Despite a tough year for some, there is still an entrepreneurial spirit within these sectors and an increasing amount of producers and creatives are starting out on their own. The cross-pollination of TV, Advertising and Content looks set to grow and getting your business model and strategy right is key to success. We are privileged to work with a considerable number of media businesses from all the sectors. These range from start-ups (or spin outs), through to established award winning businesses and we support and advise these businesses on whatever journey they may be on.
Soho has always been the epicentre of the media industry, and our office in Noel Street is perfectly positioned to act for businesses right across this sector. Whether you are based in Soho, starting out in Shoreditch or producing in West London our central location makes it easy for us to get to you, or you to reach us.
Our expertise in the industry in reinforced by strong relationships with PACT, UK Screen and the APA; and by supporting their members we have valuable knowledge of changes in the terms of trade, advances in technology, market conditions and legislation.
The Media team is a blend of technical and practical media-related experience and training. With highly qualified technical people combined with members of our team who have extensive industry experience, we can offer you the correct blend of skills you need to reach your goals.
“You don’t know what you don’t know” is the constant challenge facing our clients and so we believe in sharing and channelling back our knowledge to you through blogs, seminars and LinkedIn.
A tough environment has prompted advertising production companies to look to expand and branch out into other areas, Companies are looking to engage directly with the client, produce ‘Content’ or create longer form to boost the bank balance.
David, Philippa and the Ecovis team have been a source of inspiration, support and sound advice from the day we set up our law firm. We have hugely enjoyed working with them and enormously appreciate the vitality they bring to our meetings. I never knew working with accountants could be such fun!
Gareth Brahams Managing Partner , BDBF
We are privileged to work with a broad range of clients, from small partnerships to large corporates across our chosen sectors.