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1、COVID-19 Likely impact of COVID-19 on the UK media industry April 2020 PwC We find ourselves in extraordinary times. The COVID-19 pandemic is having a fast and dramatic impact on the way we live our lives and in turn on businesses and the economy. What started with restrictions on travel and group g
2、atherings has extended to forced closures of schools and retail/cinema/leisure outlets. Much of the workforce is now working from home with only limited travel allowed outside. While the impact of these changes is being felt across every part of the economy, we wanted to highlight the impact it is h
3、appening on the Entertainment and Media industry. There are obviously great uncertainties about how the COVID-19 crisis will develop, including how long lockdown will last. Therefore, all views presented here are our best views at this time (early April 2020) of the directional impact on the media s
4、ector, with a greater focus on the short term impact. Each year we publish the Entertainment & Media Outlook, which provides historical and forecast revenue figures for the sector, and we have largely used the sub-sectors in that publication for our sub-sector impact analysis. We hope you find this
5、publication interesting. Please do let us know if you have any questions, or would like to discuss topics raised in more detail. Introduction 2 April 2020Likely impact of COVID-19 on the UK media industry Mark Maitland Partner, Media and Entertainment Leader +44 7788 870900 Dan Bunyan Director, Medi
6、a Strategy +44 7734 958765 Summary of key impacts on the media industry PwC The UK media industry is currently facing significant disruption from COVID-19 Likely impact of COVID-19 on the UK media industry Summary of key impacts of COVID-19 across the UK media industry COVID-19 is causing widespread