Bain & Company has appointed Daniel (Danny) Hong to lead its Communications, Media & Entertainment (CME) practice in the Americas, which spans North, Central, and South America. Danny, a 21-year veteran of the firm, will remain based in Bain’s New York office, where he has a successful track record of helping media and telecommunications companies address critical business issues, including M&A, operating model, transformation, and growth.
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Entertainment
The UK is forecast to become the biggest entertainment and media market in Europe according to PwC’s latest Global Entertainment & Media (E&M) Outlook 2022-2026. UK E&M revenue is expected to reach £83bn this year. With, growth forecast at 4% p.a. over the next four years - the second fastest growth rate in Western Europe - UK E&M revenue for next year will see the UK become the leading market in Europe and by 2026 revenue is anticipated to generate £97bn.