Stat Sheet

A shift in how consumers get content that has given them control over how and where they watch it is the top risk facing media and entertainment companies this year, according to a report “Strategic Business Risk Media & Entertainment” from Ernst & Young that rates the top risks by gathering a group of analysts and asking what they think.

The shift in consumer demand ranked above business model innovation (such as the closing film windows in home video), managing the infrastructure of new business models, emerging markets and mergers and the entry of private equity into the business.

The survey is quite broad, covering everything from the newspaper industry to home entertainment, but gives an overview of what analysts see as the biggest challenges this year. Nothing all that unexpected.

As for how the shift in consumer demand is changing the business, one analyst said at the Ernst & Young gathering “consumers today are driving the content and distribution channels.”