After years of unprecedented growth, the international television industry is facing soaring costs and falling revenues: “It’s been bad, and everyone I speak to expects it to get a lot worse.”
The 2023 MIPCOM Cannes international television market kicks off Monday against the backdrop of the violence in the Middle East with the Israel-Hamas War, the ongoing conflict in Ukraine and a worldwide TV industry that has seen its business models, built on the promise of global streaming revenues, collapse with little to replace them.
