EY-Parthenon - Strategy and Execution - Media Value Creation - Sr. Associate - Consultant

Location: New York, Chicago, San Francisco, Los Angeles

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.

The opportunity

EY-Parthenon’s unique combination of transformative strategy, transactions and corporate finance delivers real-world value – solutions that work in practice, not just on paper. Benefiting from EY’s full spectrum of services, we’ve reimagined strategic consulting to work in a world of increasing complexity.

With deep functional and sector expertise, paired with innovative AI-powered technology and an investor mindset, we partner with CEOs, Boards, Private Equity and Governments every step of the way – enabling you to shape your future with confidence.

Within EY-Parthenon's Strategy and Execution sub service line, the Value Creation practice helps PE firms, their portfolio companies, and corporate companies realize better returns by unlocking value and accelerating time to money through targeted operational improvements. We rapidly define, quantify, and help realize significant incremental and sustainable value through revenue enhancement, cost and margin improvement and working capital reduction.

Our Media Value Creation team works with investors and executives across Studios, Content & IP, Sports, Live Entertainment, Streaming, Digital Media, Advertising, Rights & Licensing, Distribution, and Audience Monetization to identify, quantify, and realize value creation opportunities.

We help clients unlock value through commercial excellence, go-to-market transformation, revenue growth, pricing and monetization optimization, audience and customer expansion, operating model improvements, and transaction-related value creation initiatives. Our teams work across the transaction lifecycle and beyond, supporting management teams as they execute strategies designed to drive measurable EBITDA growth, accelerate revenue performance, and create long-term enterprise value.

Your key responsibilities

As a Senior Associate-Consultant in EY-Parthenon’s Strategy and Execution Value Creation practice, you will be a vital member of the team executing operational focused projects. You will work on projects that span the entire lifecycle of a transaction, including operational and commercial due diligence where we focus on EBITDA upside and operational risk; buy side carve out and integration planning to ensure a newly spun out business can stand alone and a merger quickly realize and grow anticipated synergies; post-acquisition 100 day and value creation planning; ongoing performance improvement; and exit readiness planning to inform an optimal strategy for maximizing returns and ensuring the buyer is well positioned to continue to enhance value.

You will also contribute to commercial value creation initiatives for Media investors and management teams across subscription, advertising, sponsorship, ticketing, content monetization, rights and licensing, distribution, and audience engagement revenue streams.

Skills and attributes for success

• Media Industry Knowledge – interest in Media and an understanding of relevant business models, value drivers, growth opportunities, and competitive dynamics across Studios, Content & IP, Sports, Live Entertainment, Streaming, Digital Media, Advertising, Rights & Licensing, Distribution, and Audience Monetization.

• Project Management – be part of project teams comprising colleagues from across the Strategy and Transactions sub service lines.

• Business and Commercially Driven – working in a fast-paced, exciting environment with strong business acumen to drive value to our clients.

• Business Development – assist in aspects of pursuits, including presentations and client meetings. Contribute to our practice development initiatives, supporting the continued focus on our team as a great place to work.

• Learning – learn and develop technical and personal skills to support achievement of career goals, through a blend of structured learning, coaching and experiences.

• Building Relationships – strong working relationships with senior clients, including influence, advice and support to key decision makers.

• The expectation for this role is in person teaming, at client site or in an EY office, a minimum of 60% of the time or on average 3 days a week over the course of an engagement, project or performance year.

To qualify for the role, you must have

• A bachelor’s degree in Business, Accounting, Finance, Economics, Engineering, Computer Science, Analytics, Data Science, Statistics, Mathematics, Marketing, Media Studies, Communications, Sports Management, or Entertainment Management and 2 years of related work experience; or a graduate degree and approximately 18 months of related work experience.

• Strategy and operations management consulting experience.

• Excellent analytical, problem solving/modeling skills, and the confidence to translate complex data into meaningful insights.

• Experience in operational or commercial due diligence, operational restructuring, value creation, and performance improvement.

• Experience in business integrations, divestitures, and/or carve-outs with a demonstrated aptitude for quantitative and qualitative analysis.

• Experience supporting value creation, commercial transformation, go-to-market, revenue growth, pricing, monetization, or performance improvement initiatives.

• Understanding of financial statements and operational performance metrics, including the relationship between commercial initiatives, EBITDA improvement, and enterprise value.

• Experience working in complex business environments.

• The ability to prioritize effectively on projects and the skills to adapt quickly to new challenges and concepts.

• Excellent communication and influencing skills, and the ability to develop long-lasting relationships both internally and externally.

• The expectation for this role is in person teaming, at client site or in an EY office, a minimum of 60% of the time or on average 3 days a week over the course of an engagement, project or performance year.

• You must either reside in or be in a commutable distance to your office location for this position.

• The ability and willingness to travel and work in excess of standard hours when necessary. In certain circumstances, travel may be required beyond your work location based on client and project needs.

Ideally, you will have

• Experience working with, advising, or conducting strategic or commercial analysis of one or more of the following Media sub-sectors: Studios, Content & IP, Sports, Live Entertainment, Streaming, Digital Media, Advertising, Rights & Licensing, Distribution, Audience Monetization, or related Media sectors.

• Understanding of Media business models and value drivers, including subscription, advertising, sponsorship, content monetization, ticketing, rights and licensing, audience engagement, and distribution economics.

• Experience conducting analyses related to audience acquisition, customer retention, pricing, advertising, sponsorship, subscription growth, content commercialization, rights and licensing, ticketing, or distribution.

• Experience supporting go-to-market strategy, revenue operations, sales effectiveness, marketing effectiveness, pricing, customer acquisition, or commercial operating model initiatives.

• Experience evaluating and quantifying value creation opportunities through transaction-related, commercial transformation, or performance improvement initiatives.

• An understanding of how Media companies create and monetize intellectual property, audiences, rights, content, experiences, and distribution channels.

• Experience translating industry trends, changing consumer behaviors, and evolving monetization models into strategic, commercial, or operational implications.

• A proven record of excellence in a transactions, strategy, commercial, or analytical role.

• Experience gained within a Media company, investment organization, corporate strategy function, or large professional services organization.

• MBA or other relevant graduate degree is preferred.

• Dynamic individuals who thrive in ambiguous situations to help clients solve their most critical strategic, business, and economic challenges.

• Knowledge of how to leverage firm-approved AI tools in a business setting, including Microsoft Copilot.

What we look for

We’re interested in talented professionals with the ability to visualize our clients’ goals and think creatively to facilitate them.

The ideal candidate combines strong analytical and commercial problem-solving capabilities with a genuine interest in Media industry growth drivers. They are energized by evaluating opportunities, developing data-driven insights, and helping investors and management teams accelerate commercial performance, improve profitability, and create measurable enterprise value.

If you have an entrepreneurial spirit and a genuine passion for helping Media businesses navigate complex strategic, commercial, and operational challenges, this role is for you

What we offer you

At EY, we harness our collective strength to empower you to shape your future with confidence through professional growth, personal fulfillment and an inclusive culture. Learn more at ey.com/us/careers .

• We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $130,000 to $205,000. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.

• Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

Are you ready to shape your future with confidence? Apply today.

• To make the most of your application experience, please limit yourself to two applications within a six-month period.

• EY accepts applications for this position on an on-going basis.

• For those living in California, please click here for additional information.

• At EY, our values set the foundation for how we work and the behaviors we expect of our people. Any misrepresentation or falsification of information or lack of integrity at any point in the recruiting process may result in withdrawal of your candidacy, revocation of an offer or immediate termination of employment.

EY | Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

All in to shape the future with confidence.

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.

EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at [email protected] .