The magazine industry continues to transition from legacy print and solid high street sales to declining sales and an overall migration to other sources by consumers. Broad general interest titles have tended to face more secular pressures than magazines with niche audiences. While traditional advertising continues, incremental revenues are driven by the use of video, television-like shows and events leveraging the magazine brand. Legacy workflows must be deconstructed and remade for print, web and app channels. Critically, FTI Consulting digital transformation solutions facilitate consumer and advertiser migration to digital alternatives.
We have expertise in all areas of newspaper business operations, including digital strategy, sales and marketing, production, information technology, circulation, finance, customer care and organisational design. Our professionals specialise in aligning corporate strategy and operations to improve profitability through digital and legacy revenue improvement measures and appropriate cost reductions.
FTI Consulting uses a disciplined approach to creating sustainable, measurable improvements in return on investment, cash flow and enterprise value. To maximise effectiveness, we draw on the perspective gained from work on more than 200 industry engagements, understanding of industry best practices for key operating metrics, our proprietary company database and knowledge of how to adapt and adopt those experiences to the specific situation at each individual client company. In the rapidly changing, competitive magazine publishing environment, FTI Consulting approaches profitability improvement in two broad categories:
Revenue accelerators:
Customer segmentation and profitability analysis
Channel development
Organisational design (traditional and digital)
Sales processes and salesforce effectiveness
Customer satisfaction scoring and retention
Service delivery process efficiency
Price optimisation
New product developmen
Cost efficiencies:
Organisational cost structures (traditional and digital)
Strategic outsourcing
Performance managemen
Financial planning and analysis improvement/key performance indicator dashboards
Working capital optimisation
Information technology rationalisation/operating model
FTI Consulting uses a disciplined, data-driven approach to achieve revenue growth and cost reduction. Drawing on databases of operating metrics, industry best practices and the expertise of our industry professionals, we deliver practical solutions to improve pricing strategies, inventory segmentation, audience engagement, sales funnels, cost per thousand rates and other operating metrics. Our technology professionals help companies improve their digital infrastructure to fit seamlessly into digital ecosystems and integrate analytics throughout a company.
Using our extensive experience in identifying and quantifying merger synergies, we develop operational integration and project management implementation plans that reduce the time needed to speed integration and achieve synergy for medium-sized and large companies.
To help management frame issues that ensure that integration objectives and timetables are met, the FTI Consulting Merger Integration group draws upon extensive operational process management experience in carve-outs, detailed integration and operations planning and best practices.
With more than 1,350 transactions completed, our valuation experts understand the complexities of analysing assets and businesses in both dynamic and declining markets. Our professionals bring a unique depth of financial and practical experience to all our valuation engagements. Also, by leveraging our significant industry expertise, we specialise in assessing the value of intellectual property and intangible assets. For many years, Thomson Reuters has recognised FTI Consulting as the premier firm for content and intellectual property valuation and business forecasting.
Financial opinions and valuation services include:
Transaction-Based Opinions
Fairness opinions
Solvency opinions
Collateral valuation opinions
Intellectual property and intangible asset valuation opinions
Going concern valuation opinions
Financial Reporting Opinions
Purchase price allocation and goodwill impairment (ASC 805
Portfolio valuations for private equity funds, hedge funds, banks and other capital market constituents (ASC 820)
Incentive compensation, options and “cheap stock” (ASC 718)
Revenue recognition for multi-element licensing arrangements (ASU 2009-13)
Derivative valuation opinions (ASC 815)
Tax Planning and Reporting Opinions
Estate and gift tax opinions
Enterprise, minority interest and non-marketable minority interest for business and asset valuations
Equity/share-based incentives and compensation for services (IRS Sec. 409A)
We combine our extensive industry experience and contacts with investment banking/transaction execution expertise to convey a company’s key value drivers (and risks) to potential buyers, sellers and financing sources in a way no one else can.
To help consummate transactions, our FINRA-regulated investment banking subsidiary, FTI Capital Advisors, LLC, leverages our industry-specific, broad operational understanding of our clients to provide insight and expertise that drive value and overcome obstacles.
FTI Consulting has led the restructuring league tables consistently, thanks to our team’s in-depth, industry-specific operational experience and world-class financial expertise. We have represented a major constituent in nearly every major telecom restructuring in the last 10 years.
We approach restructuring with industry-specific knowledge plus bankruptcy and reorganisation skills. We have a highly respected track record of stabilising over-leveraged companies, resolving balance sheet issues, assessing operations, restructuring debt and maximising value to constituents.
FTI Consulting is well-known for mobilising the specialised, highly experienced services needed for each unique situation. Our restructuring team helps clients improve liquidity, conserve cash and manage working capital with services that include:
The Telecommunications industry team within our Strategic Communications practice includes sector experts with experience representing a broad range of organisations and companies, from start-ups to multinationals. Our clients benefit directly from our comprehensive suite of integrated communications services enhanced by the team’s relationships with key influencers, including:
