Transcription is a critical tool in today’s financial industry, and it’s not just for earnings calls. There are all sorts of reasons to get conversations transcribed — shareholder meetings, TV and radio interviews, financial podcasts, meetings between analysts, and internal discussions among board members. Having a transcript gives stakeholders a searchable record to refer to, whether tomorrow or years into the future.
Are you someone who loves to binge-watch foreign movies and shows? If the answer is yes, then you must be aware of the terms closed captions and subtitles.
However, have you ever thought if closed captions and subtitles are the same? Or is there a difference between closed captions and subtitles? For most people, captions and subtitles are similar; however, captions are not interchangeable with subtitles.
Studies indicate that by 2023, the video will make up more than 82% of all consumer internet traffic. Keeping up with this trend, an analysis by Verizon Media found that 80% of the people who use captions aren’t deaf or hard of hearing. It further states that 80% of people are more likely to watch an entire video when captions are available; 50% said captions are essential because they watch videos with the sound off, and 1 in 3 have captions in a public setting. With the rising dependency on captions, the global captioning and subtitling solution market size will grow from US$263.4 million in 2019 to US$350.1 million by 2025 at a CAGR of 7.4%.
In this IABM TV interview, we are joined by Penny Westlake, Senior Director, Europe, Interra Systems to hear how COVID 19 has accelerated all aspects of media technology solutions and how they are responding to these changes.
In this IABM TV interview, we caught up with Nick Kaimakami, EVP and Head – EMEA and USA East at Prime Focus Technologies to hear more about their new hybrid cloud media center in Leeds and why they chose to locate it in Leeds.
Nick also outlines and elaborates their Content Supply Chain offerings.
Content production is one of the most labor intensive exercises in the media and entertainment (M&E) industry. As a result, it takes up a lion’s share of the budget too. And that is not just because of the number of people involved but inefficiencies run across production planning, time and resource management, use of technology and content logistics (storage, transfer, review). Since the outcome is what we call the IP that is monetizable, security also becomes paramount as the threat of piracy never subsides.
If 2020 was a banner year for any business, that would undoubtedly be OTT. The global lockdown induced an unprecedented surge in OTT viewership resulting in a meteoric growth of subscribers, revenue, and investments into content creation/acquisition. While the heightened interest has been primarily COVID-led, it’s improbable the patronage will subside once the pandemic ends. Audience habits around content consumption have changed forever.
As we are hurdling into a new data-driven world, it is important to understand how this has an impact on your business. #Agility is one of the keys to success.
In the days, not so long ago, when terrestrial television was pretty much the only game in town, technology limited us to just a handful of channels. That was eased by the first cable systems which could deliver a few more, but in many territories, cable was available to only a small part of the population so there was no commercial market for more channels.
There have been a lot of changes to production workflows since 2020. Creative teams had to adjust to working from home, and in many cases this was done by spinning up (sometimes hastily) remote desktop utilities or a VPN server with little time for due diligence on how it would affect the team’s workflow.