MEDIA and entertainment executives around the world are focused on the impact of technology on their industry and believe more technology-savvy managers are critical to their companies' future success, according to a new study by Ernst & Young.
Executives participating in the study said the digitisation of content, combined with the increasing adoption of broadband distribution technologies, was creating major shifts, challenges and opportunities for their industry. The study, Fast Forward: Technology Propels Media & Entertainment CEOs into the Future, was based on extensive industry research, including in-depth discussions with 23 chief executive officers, chief financial officers and leading industry financial stakeholders.