In the annual Broadcast Indie Survey three-fifths of those polled said they feel more confident about the future for their company than they did this time last year. With a new breed of buyers led by Netflix and Amazon, the opportunities provided by these subscription platforms are fuelling confidence for the future, which growing competition and falling marings remain the biggest concerns, Broadcast reports.
It still remains a great time to be independent, with new and exciting Indies launching each month and a whole raft of content buyers out there. The cross-pollination of TV, advertising and content looks set to continue 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 and the UK Screen Alliance; and by supporting their members we have valuable knowledge of changes in the terms of trade, advances in technology, market conditions and legislation. As sponsors of the Indelab growth accelerator programme we continue to help independent production companies boost growth and access investment.
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. Our extensive knowledge and contacts will ensure that you access the support and guidance that you need to support your success.
“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.
We had a situation where Marcum were our group PCAOB auditors based out of New York and KPMG were our UK auditors. This left us in a painful situation where all of our numbers, regardless if they were the same under different GAAP regimes, were being audited twice. As well as incurring unnecessary cost, this meant complete inefficiency from the standpoint of my team’s time. I approached Marcum to come up with a better solution and together with Ecovis they have nailed the brief. Other than GAAP differences, all substantive work only takes place once as the UK team leverages the work of the US team. Regarding these GAAP differences and local UK reporting, where more questions are naturally needed from the UK team, I have found Ecovis’ questions very relevant and their approach sensible and pragmatic.
EVP & Chief Financial Officer
Inspired Entertainment Inc
We are privileged to work with a broad range of clients, from small partnerships to large corporates across our chosen sectors.