This report delves into one of the major long-term drivers of change in the media industry, identified by IABM in its Special Report published in September 2020: viewing technology only as an enabler. The research puts the spotlight on this specific structural driver of industry change, analyzing the ultimate business, technical and creative values that technology is enabling as well as one of the rising operating models behind them: the cloud model. Our main objective is decoding these topics to shed more light on the economics underpinning media factories.
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In the old days, post-production may have been viewed as a licence to print money with post houses competing with each other for the biggest city centre facilities, the most inventive décor and the biggest espresso machines.
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One of the most important aspects of any training set up is that it provides relevant experience for students on industry standard equipment. For the broadcast industry that can be a problem. Not only is technology in the industry moving at a rapid pace, but the educational institutes that handle an increasing amount of training nowadays aren’t always as well-resourced as they wish to be.
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We are joined by Matt Robbins and Simon Tillyer from KitPlus the upcoming KitPlus Show taking place on Tuesday 6 July.
We hear what changes have been made to the show format along with a tour of the venue to see how COVID guidelines have been taken into account to ensure that the event is safe and within the current rules with outside space, social distancing and more.
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The stage was set for 8K long before COVID-19 changed our world in 2020. In fact, 8K televisions were unveiled in 2019 at the Consumer Electronics Show (CES). While the pandemic may have slowed the transition to 8K, it also has generated more interest and increased demand for high-definition resolution options. The pandemic has also altered how content is captured, leading to cloud-based and remote production that is already using 8K technology for background and exterior shots, as well as smart cropping. We expect to see the demand for 8K accelerate as we emerge from the long shadow of COVID-19.
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In Q1 2021, factors such as increasing demand for consumer electronics contributed to causing a global shortage in the supply of components. This is part of a megatrend seeing COVID-19 producing distortions in the dynamics of supply and demand in different markets, which, according to analysts, may ultimately lead to inflationary pressures. In the case of consumer electronics, the move to remote working and the concurrent disruptions in global supply chains caused by COVID-19 may have produced an imbalance between demand and supply. Other areas such as labor markets are experiencing a similar trend - i.e., demand outstripping supply - due to factors such as unprecedented fiscal spending by governments. IABM conducted a poll on component shortages in April 2021 to measure the impact of this megatrend on the media technology industry. The poll's findings show that this is a serious issue for most media technology suppliers, and it is a global problem. Anecdotal research carried out by IABM highlighted that this is not a temporary situation but rather a structural shock that may have prolonged effects. PC manufacturers such as Dell, HP, and Lenovo highlighted this situation in their recent investor calls, pointing to record demand for consumer electronics as the main driver for this and warning about price increases as well as shipping delays due to component shortages.
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This briefing analyzes high-level investment trends in content infrastructure and storage. The acceleration in media technology transitions such as the move to remote production models and the migration to cloud operating platforms is putting functions such as infrastructure and storage in the spotlight.
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This week, we welcome John O'Loan from iO Media Group back to the In the Hub podcast. John was our first official guest back in 2020, and it's fair to say that a lot has changed in the broadcasting industry since then. We catch up with John to find out how he got started in broadcasting, how journalists should change the way they work and where news broadcasting is headed post-covid.
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This Wednesday, Neil speaks to Shengli Han - Vice Chairman of the Board at Beijing Jetsen Technology Co. and Advisor at Black Dragon Capital. Shengli has extensive experience in managing international companies within the broadcasting industry, building up teams and advising in landmark mergers and acquisitions. Shengli speaks on how he got started in broadcasting, how the Chinese broadcasting industry has recovered from COVID-19 and what he envisions for the future of our industry.
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Between the current pandemic and the 2020 election season, the broadcast industry has had a lot to talk about besides ATSC 3.0. Deployments were slowed somewhat by COVID-19, but the pace has begun to pick up again.
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