Industry Snapshot

The emergence of innumerable TV channels and private FM radio operators has made entertainment and information reach every nook and corner of our vast country. In 2010, the Indian industry grew by 11.2 per cent, one of the highest growth rates in the world, due to improved economic conditions and rebound in advertising.

The Media and Entertainment sector in India, which includes sectors such as television, music, radio and print, is expected to grow at a compounded annual growth rate of 13.2% to reach a size of Rs 1.19 lakh crore by 2015, according to a report by PricewaterhouseCoopers (PwC).

Talent Challenges

Amidst the major challenges faced by the industry are threats from piracy and violation of intellectual property rights, lack of quality content, and lack of cohesive production and distribution infrastructure. In a bid to constantly think of new and innovative ways to keep themselves ahead of their competitors, companies are increasingly focusing on their quality of talent. However, the sector continues to reel under challenges of paucity and mismanagement of talent and lack of standardisation across levels with regards to salaries and designations. The demand supply gap particularly with regards to "right" creative content talent is another chronic trend.

ABC's Perspective

At ABC we bring out-of-the-box solutions to identify the right blend of skills needed to address these challenges. Over the past five years, we have carried out close to 500 projects for our M&E clients for senior executive and non-executive searches, succession planning, talent mapping, team effectiveness appraisals and organizational redesign consulting. We have the expertise to work across all segments of the industry such as publishing, broadcasting and cable, film and music production, new media and marketing services.