The world of media production is evolving at an unprecedented pace, bringing with it a variety of new opportunities and challenges. In particular, the adoption of virtual production technologies has skyrocketed, driven by groundbreaking use cases ranging from Hollywood blockbusters like The Mandalorian to immersive sports broadcasts, such as Nickelodeon’s “Nickified” NFL games. This surge has resulted in an increased demand for high-quality live VFX-heavy content that modern audiences have come to expect. At Pixotope, we are confident that virtual production has become a cornerstone of general media production. To enhance this vision, however, it is essential that there is the continued development of a workforce that is well-equipped and eager to embrace these advancements and nurturing the next generation of talent in virtual production is crucial. The rapid evolution of virtual production brings with it a demand for skilled professionals who can navigate and innovate within these advanced workflows. Right now, due to the exponential adoption and development of this technology, there is a talent shortage within the industry that poses a critical barrier to fully capitalizing on these advancements.
Moments Lab – Diversity and Inclusion to fuel Innovation in the media, entertainment, and broadcast industry
In recent years, we have seen businesses across many sectors re-evaluate their workplace to create a more diverse and inclusive environment for everyone. This initiative is crucial for all industries, and the media, entertainment, and broadcast industry is no exception. Historically a male-dominated space, it remains unbalanced to this day. However, change is happening, and there is cause for hope as the industry looks to become more diverse in terms of gender, disability, ethnicity, and more. Encouraging this shift is vital to creating and maintaining an environment where everyone feels valued, included, and represented. By fostering diversity and inclusion, companies in the media, entertainment, and broadcast sector can not only enrich teams with a variety of perspectives and experiences, but also create a more equitable and welcoming workplace for all.
Mediaproxy’s Erik Otto on diversity, team-building and “securing your future growth”
Recruiting the finest potential talents from the greatest range of backgrounds is really a ‘no-brainer’ when it comes to building a winning team, suggests the CEO of compliance software innovator Mediaproxy
Accedo – Can AI support the transition towards a more sustainable video ecosystem?
The OTT industry has undergone some major changes over the past few years. Market growth slowed somewhat compared to previous years and video providers have broadened their monetization strategies and shifted focus from subscriber growth to profitability. Despite this, the OTT video industry remains buoyant; according to analysis by Statista, the industry is projected to show an annual growth rate of 6.30% between 2024 and 2029, to reach US$429.40bn by 2029. This change of focus towards profitability is driving service providers to provide a better experience for viewers and optimize their services. However, there is a need to balance this drive for profitability with the industry-wide need to transition towards a sustainable video ecosystem.
Viaccess-Orca – Mastering TV monetization with AI-driven solutions
In the television world, generating new revenue can be a significant battle. Broadcasters and video service providers face growing competition for eyeballs, changing viewer demands, cost pressures, and an array of regulations, amongst other challenges. As the television industry evolves, broadcasters and service providers need to find new ways to attract viewers, engage audiences, and increase revenue.
This article will highlight some of the key challenges that broadcasters and video service providers face when monetizing content and offer innovative solutions for generating new TV revenue, including personalized FAST channels, targeted TV advertising, tailored content packages, and shoppable TV.
Josh Arensberg elected new Chair of the IABM Members’ Board
Josh Arensberg was elected Chair of the IABM Members’ Board in July this year. We asked him to share his vision for where he sees IABM – and our industry – heading.
Veritone – So, Your Content Is Finished…Now What?
Media has come a long way from its traditional production journey. The advent of artificial intelligence (AI) has revolutionized the previously linear path of content production, transforming the process by creating new efficiencies and allowing content to have a second life beyond its initial creation and broadcast.
With AI’s robust capabilities in tagging, managing, and preparing content, production teams can now maximize content usage while optimizing resources, creating a more reliable flow of content even in times of high demand or disruption. In this article, I’ll delve into the evolving media ecosystem, highlighting the role of AI in content management, monetization, and the industry’s future.
Simplestream – Needle in a haystack: the challenge of normalizing metadata
The world of video content moves quickly. It’s in ceaseless motion, and this goes hand in hand with technological advancement. In this scenario, it becomes paramount for operators and distributors in the streaming space to create seamlessly functioning architectures. It’s all about tech stacks that must normalize workflows and bring together data from multiple existing services. Of course, this is far easier said than done as content owners wish to enhance their offering with a feed of growing requirements which platform operators have for their own streaming services. Progress is perpetual, think of ratings for movies and series, specific categories for niche programming, or even broadcast identifiers.
G&L – Elasticsearch features for incident detection: are they worth considering?
Media content delivery generates a lot of logs. This is a fact well understood at G&L, since we facilitate the distribution of audio and video content, live and on-demand, for some major broadcasters and official bodies to end users. We know well that log data has no lesser commercial value than the content itself. Log misdelivery can lead to short-term profit losses for streaming and broadcasting service providers. These issues can affect advertising exposure assessment, long-term planning, and more. Providing accurate data and analytics alongside our core services is our dedication, duty, bread and butter.
EditShare – Will AI really transform the media industry?
Unless you are a hermit, you cannot fail to have noticed all the talk about AI at the moment. It is everywhere.
If you believe the hype, then we are all doomed. The machines are ready to take over, and there will be no need for any human to do any work ever again. We are all rather more cynical than that, and we know deep down that we can probably hang on to our jobs at least for a while.
For a long time now, we have known one fundamental thing about computers. They are good at dull, repetitive tasks, while people are good at creative tasks. And, despite the reports in the popular press, AI largely conforms to that rule.