L.E.K. Consulting

Media, Entertainment & Technology

The media and entertainment industry continues to undergo forceful change as companies try to establish and grow profitable business models that will entice today's digital consumers. Businesses are recasting themselves to remain competitive, and this evolution is blurring the lines between studios and other content providers, telecommunications carriers, networks, and devices.

L.E.K. Consulting has an established track record of helping media, entertainment & technology (MET) companies achieve tangible results amid market uncertainty. Executives turn to us for clarity and confidence as we address their most pressing challenges. We ask the hard questions, correlate information that others may overlook, and develop the innovative strategies that create value.

Our clients include leaders in all sectors. For example, we have undertaken a number of substantial projects for nearly every major movie studio and broadcast network. We also supported three of the largest media industry mergers and acquisitions (M&A) deals completed during the past five years. L.E.K. also helps many of the largest sports leagues around the world. 

 

Capabilities Overview

A sample representation of our services include:

  • Profitable Growth from New Initiatives:  We combine analytic expertise and deep industry understanding to provide data-driven recommendations to support product launch strategies, guide new market entries, and shape other critical business initiatives.
  • Market Sizing and Revenue Forecasting:  We conduct the sophisticated market analysis and scenario modeling to provide senior executives with the understanding of current opportunities, and how market shifts and consumer behavior changes can impact growth projections.
  • Cost Reduction:  We partner with companies to optimize cost and organizational structures to improve cash flows and enhance company agility without adversely affecting the customer experience or restricting staff capabilities.
  • Pricing:  We determine the pricing "sweet spot" that attracts consumers, increases margins and improves cash flows.
  • M&A Support:  We serve as a trusted partner throughout the entire transaction support services process to ensure deal success and deliver value for your shareholders (from market sizing and due diligence through integration management and post-merger planning).

 

Industry Sectors

L.E.K. provides clients across the MET spectrum with the key insights required to help them reach their business goals, including:

  • Advertising
  • Casinos and gaming 
  • Film, television and video production
  • Internet/digital media
  • Live entertainment
  • Media rights and brand management 
  • Mobile/devices  
  • Music and radio
  • Original equipment manufacturers (OEMs)
  • Publishing (books, newspapers, online, etc.)
  • Site-based entertainment and destinations
  • Sports (leagues, teams, etc.)
  • Stadiums and concert venues
  • Systems integrators
  • Telecommunications carriers  (cable, internet and phone)
  • Telecommunications equipment providers
  • U.S. state lotteries
  • Videogames and online games

 

Graph: Average Hours Spent Online

Please contact us at mediaentertainment@lek.com for additional information.