Digital Transformation: Staying Relevant in the Digital Age – Red Hat

Digital Transformation: Staying Relevant in the Digital Age – Red Hat

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Tag: TVOD

Digital Transformation: Staying Relevant in the Digital Age – Red Hat

The media industry has evolved over the past century, from inventions to disruptions in communication and new-age technologies. In the early 1900s, radio was the crucial link to information, followed by television which by the mid-1900s became the most potent medium for news and entertainment. The late 20th century introduced the internet, and service & media providers entered a new evolution of connectivity.  Websites and social media platforms flood the market, providing more choices than ever before. In the 21st century, smartphones are standard, and content consumption requires anytime, to any device, and anywhere access. The traditional television model is disrupted with streaming services like Netflix and Hulu and social media becomes a primary source of news and entertainment with Facebook, Twitter, YouTube, etc.

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The Media Transformation Paradox – Object Matrix

Technological transformation offers a host of benefits: it streamlines workflows, reduces inefficiency, and makes life easier for media professionals. So why is such beneficial change frequently met with resistance?

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How FAST Enables Creative Collaboration and Transformation Across the Industry – Amagi

The demand for free ad-supported streaming TV (FAST) has exploded over the past few years, with virtually no sign of slowing. Variety Intelligence Platform (VIP+) Analysis predicts that FAST ad revenue will rise from between $3.5 and $4 billion in 2022 to between $5.3 and $6.1 billion in 2025. Moreover, Amagi’s most recent consumer report found that nearly one-third of American households said they would cut their TV subscriptions first in an economic downturn, with almost two-thirds of that group saying they would switch to FAST.[1] The reason is simple: When subscription rates and pay-TV services chip away at already fragile consumer budgets, consumers will simply turn to platforms that stream their favorite content free-of-charge, yet with ad support.

 

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Tips from A+E Networks EMEA on moving to a cloud-native media supply chain – Ateliere

Cloud-based asset management, post production and distribution are now the norm in the media and entertainment (M&E) industry. If you want to stay competitive, you need more than a technical partner who simply recognizes your business demands. You need a partner who inherently understands how cloud-native architecture provides unique benefits and possibilities that can keep your company ahead of the curve.

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In Conversation with Blackbird

[tcb-script src="https://players.brightcove.net/4229317768001/default_default/index.min.js"][/tcb-script]During the IABM TV interview, Sumit Rai, the Chief Product Officer, and Mo Volans, the SVP Product Marketing, both of Blackbird plc, discuss their journey to their current positions and provide insights into the challenges faced by video content creators. Furthermore, they elaborate on how their new platform aims to address these challenges.

Why Customer Retention on OTT is Important and How can You Achieve It?

In this piece, we list a few ways for retention and the role Enveu can play in the same.

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An Optimized Playback Experience is Crucial to Viewers

The rapid development of streaming services worldwide tends to be dominated by discussions around content. Asking questions such as, who is producing it and how it’s being consumed. But in the understandable excitement around these new platforms and services, it’s clear that some key technical issues have been overlooked – none more so than the role of video players.

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Monetization Strategies for Targeted TV Advertising

As pay-TV operators and service providers look to boost their monetization, targeted TV advertising is gaining significant traction. Even Netflix has surrendered to the trend, joining the rest of the other streaming giants in the AVOD world by launching its own advertising tier.

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Eyeing up new revenues with addressable advertising

With recessions taking their toll and subscription income flatlining, scouting out new monetisation options to boost balance sheets has never been more critical for the media and entertainment industry.

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Red Hat – Introducing a new IABM member

Red Hat began by providing software to run on Linux about 30 years ago.  As the largest open-source company in the world, we believe using an open source development model helps create more stable, secure, and innovative technologies. Our portfolio is broader, including hybrid cloud infrastructure, middleware, agile integration, cloud-native development, and management and automation solutions for service providers.

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