A combination of new technologies, product formats and providers as well as changing consumer behavior and disruptive business models have altered the media landscape beyond all recognition. The media creation value chain has been fundamentally re-drawn; think of the impact of Paid Content, Mobile Media und Digital TV – which are all made possible by new enabling technologies. Thanks to digitization the end customer can now access content differently and everywhere at any time. Providers are finding it increasingly difficult to build sustainable customer relationships in the face of fragmentation and dwindling customer loyalty. We understand all these challenges.
Our media sector team comprises audit, accounting and advisory experts for the media industry, including print, electronic media and digital platforms. We serve both national and international media clients in all media segments including, television, radio, music, film, publishing and advertising. Our clients include multinational media groups as well as specialist players and earlier stage growth companies. We have integrated our media, telecommunication and technology expertise in one sector team to reflect the technology enabled convergence in media and telecommunication. The BDO Tech and Media Watch Blog provides you with regular insights on the latest developments in the media and technology landscape:
We offer all relevant services under one roof, including not only classic audit, accounting and tax advice but also other advisory such as M&A and specific specialist topic related services. In particular we are known for offering senior dedicated teams who stay together, who are not afraid to make recommendations and who work very closely with their clients to understand their needs. This is the basis for our success not only in audit but also other services enabling us to build our presence in the market. Our offering in Germany is mirrored at an international level in our Global Media & Entertainment Team.
BDO has launched an ambitious strategy to build on its strong position in the media sector. We already advise and/or audit leading media companies in Germany as well as other core regional media markets. In Germany alone there are over 200 employees who focus on media companies including, accountants, tax advisers, lawyers, and other specialists for areas such as compliance, IT, M&A and valuations. We are highly motivated, independent and our services are characterized by a high quality ethos.
Our wide-ranging support includes:
- Audit of annual and consolidated group accounts
- Advice on accounting policies
- Tax advice
- Valuations, M&A transaction services including advisory and due diligences (buy side and sell side),
- Legal advice (via BDO Legal), including IP and licensing
- Advice on financing and investment in both a national and international context
- Data & analytics technology
- Data and cyber security