Strategic Intelligence: Music, Film, and TV Sector Scorecard Q1 2025 Update

Strategic Intelligence: Music, Film, and TV Sector Scorecard Q1 2025 Update

Summary

The US tariffs have varied impacts on the music, film, and TV sector. In the music industry, internet radio companies may see reduced ad revenue as brands cut back due to economic uncertainty. Live streaming services could face declines in consumer spending. Tariffs on consumer electronics may lead to higher prices, causing consumers to delay or reduce spending on new devices, indirectly affecting the audio streaming market. Higher costs for recording equipment will also put pressure on recording studios.

Regarding films, US studios are substantially affected as China's restriction on Hollywood film imports in retaliation to US tariffs reduces market access and revenue. Independent filmmakers also face higher costs for importing equipment and materials, increasing production expenses. Chinese films may increase their domestic market share as the volume of Hollywood imports decreases.

Higher tariffs on imported equipment can increase operational costs for TV content providers. Brands may cut advertising budgets, impacting TV content providers that rely heavily on ad income. TV content providers in the US may need to source equipment from tariff-free regions (e.g., Mexico) or invest in domestic production.

Scope

• This sector scorecard provides a top-down, comprehensive outlook for the key players in the music, film, and TV sector over the next two years, based on the key themes set to transform their industry landscape.

• Companies that invest in the right themes become success stories. Those that miss the important themes in their industry end up as failures.
• GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
• At GlobalData, we have developed a unique thematic methodology for ranking all major companies in all major sectors based on their relative strength in the big themes that are impacting their industries.
• Our thematic engine tags over 180 million data items across six alternative data sets—patents, jobs, deals, filings, social media, and news—to themes. The vast datasets within our thematic engine help our analysts to produce sector scorecards that identify the companies best placed to succeed in a future filled with multiple disruptive threats.