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- Similar to groups like technology and healthcare, media/telecom is not specialized, so all the standard exit opportunities are available, and you won’t be pigeonholed into specific industries.
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- Media companies produce content, but this category also includes broadcast/cable TV companies like Comcast and Charter Communications, which are effectively telecom conglomerates that also do media.
At the same time, the streaming on-demand video (SVOD) revolution has fragmented pay TV audiences, imposed higher costs on studios now operating direct-to-consumer services, and delivered thinner margins for their efforts. Social video platforms offer a seemingly endless variety of free content, algorithmically optimized for engagement and advertising. In addition to his responsibilities as a lead client service tax partner and overseeing the sector, he holds several key roles within Deloitte, including Business Tax Leader for TME, West Region Tax Growth Leader, National Tax Sales Executive Leader, Global Interactive Gaming & Esports Leader, and National Tax Offerings and Innovation Leader. With a particular focus on interactive gaming, sports, and telecommunications, he provides innovative solutions that help clients navigate complex landscapes and capitalize on growth opportunities. While linear TV declines, streaming platforms’ growth has started showing signs of maturity, especially in the U.S. “The focus has shifted from growth at all costs to profitable growth,” Loboyko says.
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Figures 1 and 2 illustrate trends in the average change in overall HHI since 1990 for different definitions of industry classification and local markets. Then, the HHI for each industry is aggregated to produce the overall HHI measure, weighting industries by their employment level. Using the National Establishment Time Series dataset — which comprises the universe of U.S. firms and their establishments between 1990 and 2014 — we construct HHI measures in two casino lanista login ways.
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Self-exclusion is available by contacting customer support directly through email at email protected or via 24/7 live chat. The platform offers basic responsible gambling tools, though some limitations exist in automated control features. Track time and spending, use only extra funds, and contact email protected for a break or self-exclusion request.
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- A well-known measure of market concentration is the Herfindahl-Hirschman Index (HHI), calculated by summing the squares of the market shares of competing firms.
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- But on the whole, and in industries that account for the majority of U.S. employment and sales, the above suggests that such an occurrence is not as prevalent as might be feared.
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That is, top firms have contributed to both the increase in national concentration as well as the decrease in local concentration. As it turns out, top firms (in terms of share of sales) influence these documented diverging trends in a marked and perhaps unexpected manner. In fact, industries where national concentration is increasing but local concentration decreasing account for roughly 70 percent of employment and sales in the nation.
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