Executive Summary from The IABM Business Intelligence (BI) Quarterly Digest (Q3 2019)
EMEA and UK region update Q3 2019
The UK Members’ Council has been refreshed for another two years and I’m pleased to announce has grown slightly in size with a small increase in the number of members.
Digest September 2019
September 2019Regional Focus: EuropeContents:(Click the titles to see individual articles)Executive SummaryGlobal Business Environment Overview Exchange Rate MovementThe Media Business Media Business Highlights Going global – partnerships and growing pains of Canal+ Dynamic Ad Insertion (DAI) gaining popularity among broadcastersThe importance of Big Data in Content Recommendation, Personalization and UX Supply Trends Media Technology Special: Immersive ExperiencesWhat are UHD and VR?UHD & VR DeploymentsRegional Focus: Europe Business Environment The Broadcast & Media IndustryOverview Media Technology Demand DriversTransition to Digital & HD BroadcastingTransition to DVB-T2Transition to New Viewing ExperiencesOTT and Multi-Platform DeliveryDigital Single Market
European Report – September 2019
IABM Business Intelligence (BI) Regional Reports provide IABM members with insight into the latest broadcast and media industry developments for a specific region. Over the course of each year, these reports build into a full overview of all the major regional markets around the world.
Report Contents and Structure
The analysis is undertaken by our Head of Insight and Analysis, Lorenzo Zanni, Principal Analyst, Riikka Koponen and Research Analyst, Chiara Raucci. The report includes the latest news and research findings across a variety of topics, including:
- Business Environment
- Broadcast and Media Technology Industry
- Media Technology Demand Drivers
Notes from Office of Product Safety & Standards Business Reference Panel Meeting
As usual the meeting began with introductions from Gordon Maddan and Graham Russell.
Gordon gave a potted history of this Business Reference Panel which was created in 2008-9 and noted several key factors impacting on regulation over the past ten years, such as austerity after the global financial crisis, cuts to public services, Brexit and the pace of rapid technological change that has occurred.
Getting ready for GDPR
This article originally appeared in the IABM Journal, issue 102 which is available to view online here Rebecca Collard Senior associate – Harbottle & Lewis The GDPR (General Data Protection Regulation), which comes into force on 25 May 2018, and which will be replicated into UK domestic law through the proposed Data Protection Bill, is a new EU regulation which is designed to strengthen and unify data protection for all individuals within the EU. As well as reinforcing data protection regulation within the EU, the GDPR also applies to any company outside the EU that is processing data on EU nationals; anyone, anywhere in the world who holds data on EU citizens has to comply with its terms. Penalties for non-compliance can be severe – up to €20 million or 4% of a company’s worldwide turnover for serious breaches. Given the international nature of the broadcast and media technology business, most IABM members will need to be aware of GDPR and ensure they are complying with its regulations. Rebecca Collard, Senior Associate at Harbottle and Lewis LLP, gave a presentation to IABM members at the recent sales & marketing summit in London on what the GDPR covers, and what companies...
Atos interview at IBC 2018
IABM TV interview with Paul Moore (Director New Media & Technology Futures, Atos) on immersive technology
IABM Buying Trends Report – pressured financials & shifting demand
Revenue growth in the media sector worsened while profits improved compared to the figures reported a year ago – profits are still declining, albeit slightly. With regards to revenues, the impact of declining advertising sales was a significant driver of performance. Although profits generally improved, our profit margins analysis revealed that there’s much more behind the overall market figures. More companies went from profit to loss while a significant number of companies moved to lower margin groups – margins declined only slightly on average.
Media Business Highlights
Disney announced strong second quarter results for fiscal year 2018, topping Wall Street expectations. The entertainment giant reported a 9% year-on-year quarterly revenue increase, while earnings per share jumped 23%. This growth was fueled by its Parks division and Studio Entertainment segment, in particular the success of blockbuster movies such as Marvel’s ‘Black Panther’ and ‘Avengers: Infinity War’. Disney’s Studio Entertainment is set to keep the blockbuster titles coming over the next few years, which will be of vital importance when Disney launches its direct-to-consumer offering in 2019. The company’s cable segment, which includes ESPN, saw operating income drop 6%, partly due to costs associated with the new streaming service ESPN Plus.
Media Technology Special: Blockchain
Blockchain, the technology behind cryptocurrencies, can be defined as a digital, immutable and decentralized ledger that chronologically records transactions in near real-time. In the process underpinning this technology, a digital transaction is verified and validated by a public or private network of computers (or nodes) and then added to an immutable ledger – the blockchain – as a new block of data. All blocks of data in the blockchain are chronologically linked to each other through timestamps.
