Audio Visual Industry Recovery Values Demonstrating Resilience During COVID-19 Crisis

Hilco Global has issued a midstream Q4 2020 report regarding the impact of the ongoing pandemic on the TV/Film/Broadcast and Concert/Theater/Tradeshow segments of the audio visual (AV) industry, and how the distinct challenges associated with each business model are impacting gear sales, asset values and a potential path to recovery.

Recovery Values Remain Resilient Even as Lights, Cameras and AV Gear See Limited Action During Pandemic, co-authored by Brent Bonham of Hilco Commercial & Industrial and Nelson Thorpe of Hilco Valuation Services, looks at how required COVID-19 production shutdowns which began in Q1 2020 have led to a notable downturn in demand for AV equipment across both of these segments, and how the recovery for each is likely to occur at different speeds.  

The report also explores the dichotomy that now exists between this lower level of demand and the relative strength of recovery values that continue to be observed across both segments during this period.  

“While there may be little incentive for buyers in this space to stock up on this type of gear unless they can acquire it at a heavy discount, we have seen several lots of items fare notably better at auction during this period than might be expected,” says Thorpe.

To obtain a copy of the report or schedule an interview with Brent Bonham or Nelson Thorpe, contact Gary Epstein- Chief Marketing Officer, Hilco Global at gepstein@hilcoglobal.com or Karen Bubrowski – Marketing Director, Hilco Global at kbubrowski@hilcoglobal.com.

About Hilco Global:  Hilco Global (www.hilcoglobal.com) is a privately held diversified financial services company and the world's preeminent authority on maximizing the value of assets for both healthy and distressed companies.  Hilco Global operates as a holding company comprised of over twenty specialized business units that work to help companies understand the value of their assets and then monetize that value.  Hilco Global has a 30-year track record of acting as an advisor, agent, investor and/or principal in any transaction.  Hilco Global works to deliver the best possible result by aligning interests with clients and providing them strategic insight, advice, and, in many instances, the capital required to complete the deal.  Hilco Global is based in Northbrook, Illinois and has 600 professionals operating on five continents.