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Perspectives from the Global Entertainment and Media Outlook 2018–2022. Trending Now: Convergence, Connections and Trust

Price Waterhouse Coopers (pwc) (2018), 33 pp.
"In Convergence 3.0, the dynamics of competition are evolving while a cohort of ever-expanding supercompetitors and more focussed players strive to build relevance at the right scale. And business models are being reinvented so all players can tap into new revenue streams, by, for example, targeting fans and connecting more effectively with customers to develop a membership mind-set. The pace of change isn’t going to let up anytime soon. New and emerging technologies such as artificial intelligence and augmented reality will continue to redefine the battleground. In an era when faith in many industries is at an historically low ebb and regulators are targeting media businesses’ use of data, the ability to build and sustain consumer trust is becoming a vital differentiator. The result? To succeed in the future that’s taking shape, companies must reenvision every aspect of what they do and how they do it. It’s about having, or having access to, the right technology and excellent content, which is delivered in a cost-effective manner to an engaged audience that trusts the brand." (Page 2)
Varieties of convergence, 8
Supercompetitors and relevance at scale, 11
Reinventing media business models, 15
New technologies – new battlegrounds, 18
Trust: from table stakes to differentiator, 22
Regulation, 24
Looking to the future: above and beyond, 26