Marginal growth a very good thing for media companies
According to a study from EY, big media and entertainment firms are going to enjoy hefty profit margins when 2014 goes into the books. It noted continued demand and sustainability for the broadcast sector. However, digital is a prime growth driver.
EY is looking for margins in the 28% range. The prediction is the best for the M&E sector in some time and puts the sector ahead of many others.