Covid-19 to shave off Indian M&E industry’s 2 years gains: KPMG

MUMBAI: The Covid-19 pandemic will result in a 20% drop in the overall revenues of the Indian media and entertainment (M&E) sector, predicted a report on the sector by KPMG.

As per the estimates in the 12th edition of the annual report, the M&E industry will end the financial year 200-21 with total revenues of Rs 1.40 trillion, compared to Rs 1.75 trillion in the previous fiscal.