The domestic media and entertainment (M&E) sector has seen significant shifts in the past month as the coronavirus disease (COVID-19) outbreak has forced people to stay indoors.
While news channels, gaming apps, movies and children’s content have gained since lockdowns began on March 16, segments such as radio, out-of-home, print and multiplexes have suffered, according to consultancies such as EY and the Broadcast Audience Research Council (BARC).
EY estimates that a month-long lockdown will result in flat growth for this calendar year versus a forecast of 8 per cent growth made by the consultancy before the outbreak. Its M&E report, released on