Industry Update on Media and Entertainment
Bramasol has a long history of working with clients throughout the Media and Entertainment industry. We've helped companies implement and optimize compliance processes, such as revenue recognition and lease accounting as well as other finance areas, such as treasury. Over recent years, Bramasol has also led the way in leveraging SAP applications such as BRIM and RAR to integrate subscription-based offerings as part of new Digital Solutions Economy (DSE) programs.
Beginning with this newsletter issue, we will regularly provide industry updates on how DSE disruption is impacting various industries, starting with Media and Entertainment.
In many ways, the Media and Entertainment industry pioneered the rise of online subscription offerings such as streaming video services. However, over two decades of rapid growth, sweeping changes, M&A activities, and increasingly complex cross-licensing arrangements, the industry has continually evolved. Currently, slower growth, subscriber churn and profitability pressures are driving new waves of change, including the creation of new ad-supported subscription tiers.
To learn more about issues impacting the media industry, check out these resources:
As a leader in creating Digital Solutions Economy™ (DSE) implementations using SAP BRIM and RAR in combination with other finance and compliance solutions, Bramasol is at the forefront of the waves of change in the Media and Entertainment industry. In many cases, these working relationships started with helping companies comply with increasingly complex revenue recognition and compliance issues using applications such as SAP Revenue Accounting and Reporting (RAR).
Read Dave Fellers' blog posts:
Check out other episodes in Dave's series on How the Digital Solutions Economy is Impacting Various Industries
