A panel of experts discussing the future of mergers and acquisitions (M&A) in the media and entertainment (M&E) sector was optimistic about deal activity and consolidation here. While regulatory hurdles persist, the emergence of numerous digital platforms, rising popularity of gaming as a segment and investments in the film industry, the sector is looking at a healthy activity period. Additionally, the proliferation of digital platforms has led the sector to a place where acquisitions will take place to ensure sustainability. Similarly, in film exhibition, operational issues could lead the smaller exhibitors to sell to bigger players. Organic expansion by multiplexes is slowed by multiple hurdles on the regulatory front and to slowing in the mall development sector. So, multiplexes will look at inorganic expansion to strengthen their screen portfolios. Challenges in terms of gaming come in the form of lack of understanding of the business models.

(Business Standard)