Andrew Wallenstein President and Chief Media AnalystJust over six months into 2021 and the profound financial impact the pandemic had on the media industry is just beginning to be truly understood.Naveen Sarma, senior director of S&P Global Ratings, has closely studied the myriad ways the sector has been shaken up from his vantage point as a credit analyst.
On the latest episode of the Variety podcast “Strictly Business,” he offers a broad perspective on how entertainment companies are faring as every aspect of their operations adjusts to a period in which there’s no such thing as business as usual.Of particular concern to Sarma is the heavy costs that come with studios spending more than ever on original programming to fuel their.
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