It’s time for the industries to clean up their databases and make smarter outreach. This site is protected by reCAPTCHA and the Google We are accepting original, innovative and industry perspective ideas for an audience of developers, designers, content strategists, information architects, or similar. While the global M&E market is expected to grow to US$ 2.6 trn by the year 2023, digital services is said to account for a growing share of the industry’s revenue (refer chart below). That you need to start focusing on building intelligent enterprises—not just cool and exciting media arms.2020 is the time when you should start making investments in tools and technology that ensure higher efficiencies, lower spending and more efficient work processes. Bringing together the technology layer with the human layer, I seek to solve the biggest challenges that companies have today; how to grow, scale, change and adapt to a world where technology and media shift at breakneck speed. We are also open to articles with tips and tricks, how-to and step by step guide as well.Media and Entertainment Industry in 2020: Trends & OutlookMedia and Entertainment Industry in 2020: Trends & OutlookOr if are you looking to adopt digital transformation practices for your travel enterprise, here's a round up of Kevin is a vice chairman and leads the US Telecommunications, Media & Entertainment (TM&E) practice of Deloitte. From online streaming platforms disrupting the music industry by brutally challenging the traditional radio medium, to OTT (over-the-top) content providers rattling the once stronghold of the conventional TV, the world is watching a revolution unfold in the entertainment industry. Therefore designing and deploying their own AI-based systems will also remain an expensive proposition for most media companies this year.In 2017, The Global Entertainment and Media outlook forecast predicted that by 2020, VR content revenue would VR has an array of applicability in the entertainment industry. This has already started with GDPR in Europe, and I expect it to continue globally over the next decade. It’s easy to get stuck on the tech side of digital transformation when it comes to media and development because today’s streaming, mobile, real-time beacons and AI seem to have been developed specifically for this industry. Moreover, the shift in consumer demand for personalization is putting constant pressure on entertainment companies to drive innovation and embrace new technologies. They are increasingly demanding the same level of control over their personal data that they enjoy in crafting their home entertainment experience.Blockchain has the potential to completely transform the industry, as it eliminates the need for an intermediary from entertainment and media distribution.
Using AI, and data based on user behavior patterns, media companies are able to personalize what ads to show to garner user interests. Major trends and technologies to look out for in the media and entertainment industry in 2020: AI in personalization, online streaming, AR, VR and data privacy. Digital transformation is revolutionizing every industry. Drupal provides enterprise class the content management features that are ideal for media websites. There’s an increasing competition, coupled with the need to meet customer expectations. Here are some ... We hustle every day to create & distribute it on multiple channels. While that might be important up to an extent, there’s also the other side that needs more attention. While many entertainment places closed during this period (such as theatres, cinemas, museums, parks, concert … With the current Coronavirus pandemic situation, the media and entertainment industry may develop at a more rapid speed, especially because staying at home means using the media more than usual. For those that are underway in their transformation and have made investments in tools and technology, it is important that continued refinement is part of the strategy in order to be sure that ROI on tech investments are measurable and ideally increasing. As is common knowledge, the internet has been a major disruption in terms of how people consume content, thereby spearheading a fundamental shift in both content production as well as consumption. Perspectives Find your industry and gain perspectives and insights from some of Deloitte’s forward thinkers.Fullwidth SCC. The shift to digital platforms for media consumption implies that demand for data will continue to grow. With increasing internet penetration, mobile video internet advertising has become increasingly critical in comparison to wired display. If nothing else, it’s a time to regroup and get serious about using technology not just to excite our fan bases, to make smarter and deeper connections with them while driving greater profitability into the business. While the slowdown in the global economy owing to the Coronavirus pandemic is expected to take a toll on the overall growth of the M&E industry globally, higher time spent by individuals at home due to the lockdown in different parts of the world is expected to continue to support the digital and video-streaming platforms. Kevin Westcott, Deloitte’s US leader of telecommunications, media, and entertainment, explores the biggest media trends for 2020—from content re-aggregation and ad-supported video to esports and 5G.As major networks and studios continue to launch their own direct-to-consumer streaming services in 2020, competitors will likely scramble to offer content libraries broad enough to both attract and retain customers. Certain services may not be available to attest clients under the rules and regulations of public accounting. With direct access to the consumers, media companies are in a much better place to distribute original content, while also ensuring transparency and traceability. All of these predictions have become a reality and heading The greater trends we’ll be seeing from the media and entertainment companies themselves, however, will focus more on getting a handle on the wild masses of content being created and shared across an endless number of channels. Content creators as well as distributors will need to continuously devise strategies not just to attract, but rather also engage the consumer, at his/her choice of medium.The industry is constantly innovating and bringing new applications to the market.