The video market on fixed and mobile networks worldwide will grow by an average 3.2% per year from 2013 to 2025 – which includes average 2% growth for live TV and 14% annual growth for on-demand service. The market’s growth will be much lower in developed markets, however.
This means that in Europe’s top five markets EU-5 average annual growth will stand at 1.6% from 2013 to 2025, with the live TV market including broadcasters’ catch-up TV services in decline by 0.7%, while on-demand services experience an average annual increase of 18.5%.
The filmed entertainment divisions of the U.S. studios have seen their revenue and operating profit go sideways over the past five years, their continuing growth in TV-show licensing revenue being wiped out by declines on the movie side.
With a 4 percent gain in overall home entertainment spending in 2012, and just modest declines so far in 2013, there’s some indication that home entertainment revenues are stabilizing.
via Screen Digest
Three veterans of digital journalism and media — John Huey, Martin Nisenholtz, and Paul Sagan — interviewed dozens of people who played important roles in the intersection of media and technology — from CEOs to coders, journalists to disruptors.
Riptide is the result: more than 50 hours of video interviews and a narrative essay that traces the evolution of digital news from early experiments to today.
WIRED has revealed a new digital content form in line with its September print issue. “Vision Quest” is an immersive digital experience that mashes up text, imagery, animation and video to retell a print magazine story.
Editor-in-chief, Scott Dadich suggests that in 2014 he expects the publication will be producing multiple “high-fidelity digital storytelling” pieces each month.
Kevin Spacey claims TV has entered a ‘third golden age’ — with the small screen now home to high-quality drama including Mad Men, Game of Thrones, Homeland and Breaking Bad.
But the Academy Award-winning actor also predicts the end of the traditional TV episode and a world in which every film is released in cinemas and on-demand at the same time.
The media marketplace is changing rapidly, with many content creators streaming media to a growing spectrum of online, social media, and mobile outlets. There’s a wide variance in video quality, file sizes, and compression codecs; the sheer volume of media assets are simply exploding, leaving media professionals struggling to maintain a competitive edge.
By moving their video workload to the cloud, media entrepreneurs can hit the ground running and pay as they go for processing-intensive services such as encoding, transcoding, asset management, and storage.
via Streaming Media
According to IDATE, income from television and video amounted to EUR 392.2 billion in 2012, and is expected to reach EUR 483.0 billion in 2017.
To date, linear television will continue to generate nearly 91% of video market revenues. Pay-TV revenue will grow by 22.7% between 2012 and 2017, or by an average 4.2% annually, to reach €210.2 billion in 2017.
Pay-TV providers took in $287 billion worldwide in 2012, 10% more than in 2011, for cable and satellite pay TV and telco IPTV services.
Cable makes up the largest portion of the pay-TV market, but this will change by 2017 when satellite grows to more than 40 percent of total pay-TV revenue.
The Washington Post, the newspaper whose reporting helped topple a president and inspired a generation of journalists, is being sold for $250 million to the founder of Amazon.com, Jeffrey P. Bezos, in a deal that has shocked the industry.
As of 2012, the newsroom, which once had more than 1,000 employees, had fewer than 640.
The day we stop asking “why?” — as children and as adults — is the day our sense of wonder ceases to exist.
“By becoming provocative — by constantly looking for obstacles to growth and opportunities for progress regardless of your daily duties — you can provide your company with a measure of critical preparation it doesn’t currently have,” says Erik Wahl.
via Fast Company