With respect to practice of payment terms and early payment discounts prevailing to Media and Entertainment, I have following questions?
For the spend categories listed below;
- What are the prevailing payment terms?
- Suppliers / Supply market providing these services, are they amenable for availing Early payment discount?
- If yes, what are the EPD terms? What factors drive these in favorable of Buyer?
- The spend categories are ;
- Advertising , Sales and Promotion (example: vendors like Group M, Maxus Canada etc.)
- Media License and Rights (Fox movies, 20th Century, Sony films etc.)
- Exhibitors (Cinemark, Regal cinemas, etc.)
- Production House (Studio Canal, etc.)