Media, entertainment sector likely to see better growth in Q3FY27 on festive spending, content pipeline: Nuvama

New Delhi: The media and entertainment sector is likely to see an improvement in spending and growth momentum in the December quarter, supported by a late Diwali, a stronger content pipeline and improving monetisation across digital, subscription and sports segments, Nuvama Research said in its October 1 sector preview.

Nuvama expects festive spending to improve in Q3FY27, with the late Diwali likely to support advertising and consumer engagement.

“Due to a late Diwali, Q3FY27 is likely to report some improvement in spends,” the brokerage said.