Over the past decade, many parts of the media and entertainment industry have experienced a period of most devastating value destruction as a result of digital disruption. The old adage that “content is king” has been replaced by “distribution is king” and the value is increasingly shifting from content creators to content distributors. Industry companies face the challenge of adopting new business models while driving aggressive cost reduction and operational optimization efforts. Avasant's team has deep consulting and hands-on industry experience across the media and entertainment industry, with both legacy and emerging expertise in strategic cost optimization, digital transformation, mergers and acquisitions, strategic sourcing, and business transformation. has worked with media companies.