SlideShare una empresa de Scribd logo
1 de 15
Descargar para leer sin conexión
When Virtual Worlds Collide
Presentation by Rowley Mossop
Research assistance by Peter Toccalino
Presented at Technology in the Arts 2008
Waterloo, Ontario
www.songza.com
In combination, new media technologies have
  an impact on key aspects of value:

• Rarity
• Defined markets
• Price



May 9, 2008                                   3
What do commercial media have in
     common with cultural producers?

Both produce aesthetic experiences and
  products which they hope will prove valuable
  to “buyers”
• Public users
• Advertisers
• Funders


May 9, 2008                                      4
Why does it make sense to observe
      changes in commercial media?

Your central challenge is the same as theirs:

• How can we use emerging technologies to
  create experiences valuable enough to attract
  and retain users and revenue?



May 9, 2008                                       5
What is the central dynamic in the
         world of commercial media?

• Incumbent media are innovating to protect the
  value of their existing experiences and products

• Entrant media are innovating to build new
  businesses from new experiences and products

• Innovations will impact how audiences expect to
  experience culture

May 9, 2008                                          6
Rarity



May 9, 2008            7
Emerging technology combinations are
    replacing rarity with ubiquity.

• Nothing is hard to find    www.songza.com
• Everything is affordable   www.youtube.com
• It’s all do-able      www.therealnews.com

In a world where anyone can experience anything
   online, consider what you offer to users online
   and live that is distinct, valuable and pleasurable.

May 9, 2008                                               8
Defined markets



May 9, 2008                     9
Emerging technology combinations are
 forcing changes in market definitions.
• Geography is disappearing     www.cbc.ca
• Time is disappearing          www.cbc.ca
• Definitions shifting
                     www.theglobeandmail.com

In a world where a newspaper can easily become a
   broadcaster, and you rely on geography or genre for
   value, consider other ways of defining what you do.



May 9, 2008                                              10
Price



May 9, 2008           11
Emerging technology combinations are
  forcing a search for new revenues.

• New tariffs           www.songza.com
• New ways to pay       www.z100.com
• New products          www.metopera.com

In a world where users are beginning to expect to
   receive content for free, consider other ways of
   earning revenue beyond tickets and
   memberships.

May 9, 2008                                           12
Small group discussion
What’s your experience of changes in rarity,
 defined markets and price?

• Identify top 3 technology combinations
• Identify top 3 impacts on your work
• Raise 1 potential solution



May 9, 2008                                    13
Large group discussion

How has the Metropolitan Opera responded to the
  core question:

    How can we use emerging technologies to create
    experiences valuable enough to attract and retain
    users and revenue?

www.metopera.com

May 9, 2008                                         14
Large group discussion

How has the Metropolitan Opera responded to the
  core question?

    Rarity – Branding reinforces value of experience
    Distinct markets – Redefined as ‘world’s opera
    company’
    Price – Created valuable, revenue-earning HD
    Opera broadcasts presented globally in cinemas

May 9, 2008                                            15

Más contenido relacionado

Destacado

El Palau De La MúSica Catalana Final2
El Palau De La MúSica Catalana Final2El Palau De La MúSica Catalana Final2
El Palau De La MúSica Catalana Final2
ncaufape
 
El Palau De La MúSica Catalana
El Palau De La MúSica CatalanaEl Palau De La MúSica Catalana
El Palau De La MúSica Catalana
ncaufape
 
Parc Güell
Parc GüellParc Güell
Parc Güell
ncaufape
 

Destacado (14)

Understanding Where in the Arts - Part Three
Understanding Where in the Arts - Part ThreeUnderstanding Where in the Arts - Part Three
Understanding Where in the Arts - Part Three
 
E-mail Marketing — Best Practices and How-To’s for the Arts
E-mail Marketing — Best Practices and How-To’s for the ArtsE-mail Marketing — Best Practices and How-To’s for the Arts
E-mail Marketing — Best Practices and How-To’s for the Arts
 
El Palau De La MúSica Catalana Final2
El Palau De La MúSica Catalana Final2El Palau De La MúSica Catalana Final2
El Palau De La MúSica Catalana Final2
 
El Palau De La MúSica Catalana
El Palau De La MúSica CatalanaEl Palau De La MúSica Catalana
El Palau De La MúSica Catalana
 
Tarraco
TarracoTarraco
Tarraco
 
Kulturgintza
KulturgintzaKulturgintza
Kulturgintza
 
Visualizing Exhibits in 3-D
Visualizing Exhibits in 3-DVisualizing Exhibits in 3-D
Visualizing Exhibits in 3-D
 
Social Media: In Theory And In The Field Camt
Social Media: In Theory And In The Field CamtSocial Media: In Theory And In The Field Camt
Social Media: In Theory And In The Field Camt
 
Mobile Marketing - Interacting with Your Audience via Cell and Smart Phones
Mobile Marketing - Interacting with Your Audience via Cell and Smart PhonesMobile Marketing - Interacting with Your Audience via Cell and Smart Phones
Mobile Marketing - Interacting with Your Audience via Cell and Smart Phones
 
Technology Now - Technology Trends and Their Implications for the Arts
Technology Now - Technology Trends and Their Implications for the ArtsTechnology Now - Technology Trends and Their Implications for the Arts
Technology Now - Technology Trends and Their Implications for the Arts
 
Understanding Where In The Arts - Part Two
Understanding Where In The Arts - Part TwoUnderstanding Where In The Arts - Part Two
Understanding Where In The Arts - Part Two
 
Parc Güell
Parc GüellParc Güell
Parc Güell
 
Social Media And Social Networks From Experiment To Strategy Aug09
Social Media And Social Networks From Experiment To Strategy Aug09Social Media And Social Networks From Experiment To Strategy Aug09
Social Media And Social Networks From Experiment To Strategy Aug09
 
CCNxCon2012: Session 6: ccnSim: A Highly Scalable CCN Simulator
CCNxCon2012: Session 6: ccnSim: A Highly Scalable CCN SimulatorCCNxCon2012: Session 6: ccnSim: A Highly Scalable CCN Simulator
CCNxCon2012: Session 6: ccnSim: A Highly Scalable CCN Simulator
 

Similar a When Virtual Worlds Collide – Challenges for the Arts in the Hypermedia Age

PowerPoint Presentation on Ebay ( IIC )
PowerPoint Presentation on Ebay ( IIC )PowerPoint Presentation on Ebay ( IIC )
PowerPoint Presentation on Ebay ( IIC )
Payee Kwadwo
 
Screen White Paper Audience Measurement
Screen White Paper Audience MeasurementScreen White Paper Audience Measurement
Screen White Paper Audience Measurement
digital.signage
 
Dmr2009
Dmr2009Dmr2009
Dmr2009
vaidap
 
Daily grommet finalist interview
Daily grommet finalist interviewDaily grommet finalist interview
Daily grommet finalist interview
MITX
 
Znak it! investor deck june 2013
Znak it! investor deck june 2013Znak it! investor deck june 2013
Znak it! investor deck june 2013
Greg Golebiewski
 

Similar a When Virtual Worlds Collide – Challenges for the Arts in the Hypermedia Age (20)

PowerPoint Presentation on Ebay ( IIC )
PowerPoint Presentation on Ebay ( IIC )PowerPoint Presentation on Ebay ( IIC )
PowerPoint Presentation on Ebay ( IIC )
 
PRESS KIT #PMF18
PRESS KIT #PMF18PRESS KIT #PMF18
PRESS KIT #PMF18
 
CeBIT 2009
CeBIT 2009CeBIT 2009
CeBIT 2009
 
Xerox dublin javier_recuenco_v24
Xerox dublin javier_recuenco_v24Xerox dublin javier_recuenco_v24
Xerox dublin javier_recuenco_v24
 
RSA London: The Future Of Content And Creativity Gerd Leonhard @RSA London Ma...
RSA London: The Future Of Content And Creativity Gerd Leonhard @RSA London Ma...RSA London: The Future Of Content And Creativity Gerd Leonhard @RSA London Ma...
RSA London: The Future Of Content And Creativity Gerd Leonhard @RSA London Ma...
 
Business Model Design for Web Services: Ethan Bauley
Business Model Design for Web Services: Ethan BauleyBusiness Model Design for Web Services: Ethan Bauley
Business Model Design for Web Services: Ethan Bauley
 
What Would Google Do?
What Would Google Do?What Would Google Do?
What Would Google Do?
 
Entrepreneur Exchange Talk (KL Jan '09)
Entrepreneur Exchange Talk (KL Jan '09)Entrepreneur Exchange Talk (KL Jan '09)
Entrepreneur Exchange Talk (KL Jan '09)
 
Crypto-economy : a new digital economy
Crypto-economy : a new digital economyCrypto-economy : a new digital economy
Crypto-economy : a new digital economy
 
Design Your Customer
Design Your CustomerDesign Your Customer
Design Your Customer
 
Mapping Services V1
Mapping Services V1Mapping Services V1
Mapping Services V1
 
So what? Disruption and the Future of Mobility - Marguerite Johnson, TheNextI...
So what? Disruption and the Future of Mobility - Marguerite Johnson, TheNextI...So what? Disruption and the Future of Mobility - Marguerite Johnson, TheNextI...
So what? Disruption and the Future of Mobility - Marguerite Johnson, TheNextI...
 
Screen White Paper Audience Measurement
Screen White Paper Audience MeasurementScreen White Paper Audience Measurement
Screen White Paper Audience Measurement
 
Dmr2009
Dmr2009Dmr2009
Dmr2009
 
Environmental Sustainability Public Relations CSG|PR
Environmental Sustainability Public Relations CSG|PR Environmental Sustainability Public Relations CSG|PR
Environmental Sustainability Public Relations CSG|PR
 
What is a barcamp - BarCamp in Saint-Petersburg Russia 2009 (en)
What is a barcamp - BarCamp in Saint-Petersburg Russia 2009 (en)What is a barcamp - BarCamp in Saint-Petersburg Russia 2009 (en)
What is a barcamp - BarCamp in Saint-Petersburg Russia 2009 (en)
 
World Content Market Etma
World Content Market EtmaWorld Content Market Etma
World Content Market Etma
 
Daily grommet finalist interview
Daily grommet finalist interviewDaily grommet finalist interview
Daily grommet finalist interview
 
Znak it! investor deck june 2013
Znak it! investor deck june 2013Znak it! investor deck june 2013
Znak it! investor deck june 2013
 
Innovating on a shoestring
Innovating on a shoestringInnovating on a shoestring
Innovating on a shoestring
 

Más de CAMT

Tech Planning for Really Smart People
Tech Planning for Really Smart PeopleTech Planning for Really Smart People
Tech Planning for Really Smart People
CAMT
 
Maximizing Your Facebook Presence
Maximizing Your Facebook PresenceMaximizing Your Facebook Presence
Maximizing Your Facebook Presence
CAMT
 
All About Twitter
All About TwitterAll About Twitter
All About Twitter
CAMT
 
Grassroots Fundraising
Grassroots FundraisingGrassroots Fundraising
Grassroots Fundraising
CAMT
 

Más de CAMT (20)

Mobilizing the Arts: Engaging Audiences Through the Mobile Web
Mobilizing the Arts: Engaging Audiences Through the Mobile WebMobilizing the Arts: Engaging Audiences Through the Mobile Web
Mobilizing the Arts: Engaging Audiences Through the Mobile Web
 
Tech Planning for Really Smart People
Tech Planning for Really Smart PeopleTech Planning for Really Smart People
Tech Planning for Really Smart People
 
Maximizing Your Facebook Presence
Maximizing Your Facebook PresenceMaximizing Your Facebook Presence
Maximizing Your Facebook Presence
 
All About Twitter
All About TwitterAll About Twitter
All About Twitter
 
Social Media for Presenting and Touring
Social Media for Presenting and TouringSocial Media for Presenting and Touring
Social Media for Presenting and Touring
 
The Quick and Dirty: Making a Video
The Quick and Dirty: Making a VideoThe Quick and Dirty: Making a Video
The Quick and Dirty: Making a Video
 
Grassroots Fundraising
Grassroots FundraisingGrassroots Fundraising
Grassroots Fundraising
 
Sticky Web
Sticky WebSticky Web
Sticky Web
 
How To Folk With Web 2.0
How To Folk With Web 2.0How To Folk With Web 2.0
How To Folk With Web 2.0
 
The Arts and Social Media: From Experiment to Strategy
The Arts and Social Media: From Experiment to StrategyThe Arts and Social Media: From Experiment to Strategy
The Arts and Social Media: From Experiment to Strategy
 
Technology Planning for Arts Managers
Technology Planning for Arts ManagersTechnology Planning for Arts Managers
Technology Planning for Arts Managers
 
Understanding Where in the Arts - Part 1
Understanding Where in the Arts - Part 1Understanding Where in the Arts - Part 1
Understanding Where in the Arts - Part 1
 
How to Build Relationship and Achieve Fundraising Success in a Web 2.0 World
How to Build Relationship and Achieve Fundraising Success in a Web 2.0 WorldHow to Build Relationship and Achieve Fundraising Success in a Web 2.0 World
How to Build Relationship and Achieve Fundraising Success in a Web 2.0 World
 
The End of Data Entry: Liberate Your Organization Through Automation and Inte...
The End of Data Entry: Liberate Your Organization Through Automation and Inte...The End of Data Entry: Liberate Your Organization Through Automation and Inte...
The End of Data Entry: Liberate Your Organization Through Automation and Inte...
 
Some Rights Reserved: How Creative Commons Licensing Can Engage and Expand Yo...
Some Rights Reserved: How Creative Commons Licensing Can Engage and Expand Yo...Some Rights Reserved: How Creative Commons Licensing Can Engage and Expand Yo...
Some Rights Reserved: How Creative Commons Licensing Can Engage and Expand Yo...
 
Pandora and the Music Genome Project
Pandora and the Music Genome ProjectPandora and the Music Genome Project
Pandora and the Music Genome Project
 
Chinese Art Goes Digital
Chinese Art Goes DigitalChinese Art Goes Digital
Chinese Art Goes Digital
 
Technology Motivators and Usage in Non-Profit Arts Organizations
Technology Motivators and Usage in Non-Profit Arts OrganizationsTechnology Motivators and Usage in Non-Profit Arts Organizations
Technology Motivators and Usage in Non-Profit Arts Organizations
 
Content Management Systems: Would You? Could You? Should You?
Content Management Systems: Would You? Could You? Should You?Content Management Systems: Would You? Could You? Should You?
Content Management Systems: Would You? Could You? Should You?
 
The Web & The Real World: The Group of Seven and Social Networking Opportunities
The Web & The Real World: The Group of Seven and Social Networking OpportunitiesThe Web & The Real World: The Group of Seven and Social Networking Opportunities
The Web & The Real World: The Group of Seven and Social Networking Opportunities
 

Último

VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
dipikadinghjn ( Why You Choose Us? ) Escorts
 

Último (20)

falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunitiesfalcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunities
 
(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7
(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7
(INDIRA) Call Girl Srinagar Call Now 8617697112 Srinagar Escorts 24x7
 
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdf
 
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
 
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
( Jasmin ) Top VIP Escorts Service Dindigul 💧 7737669865 💧 by Dindigul Call G...
 
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
 
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
 
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
 
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbaiVasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
 
Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...
Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...
Navi Mumbai Cooperetive Housewife Call Girls-9833754194-Natural Panvel Enjoye...
 
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
 
Business Principles, Tools, and Techniques in Participating in Various Types...
Business Principles, Tools, and Techniques  in Participating in Various Types...Business Principles, Tools, and Techniques  in Participating in Various Types...
Business Principles, Tools, and Techniques in Participating in Various Types...
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri  6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
 
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
 
Top Rated Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...
Top Rated  Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...Top Rated  Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...
Top Rated Pune Call Girls Sinhagad Road ⟟ 6297143586 ⟟ Call Me For Genuine S...
 
Call Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance Booking
 
Kopar Khairane Russian Call Girls Number-9833754194-Navi Mumbai Fantastic Unl...
Kopar Khairane Russian Call Girls Number-9833754194-Navi Mumbai Fantastic Unl...Kopar Khairane Russian Call Girls Number-9833754194-Navi Mumbai Fantastic Unl...
Kopar Khairane Russian Call Girls Number-9833754194-Navi Mumbai Fantastic Unl...
 
Diva-Thane European Call Girls Number-9833754194-Diva Busty Professional Call...
Diva-Thane European Call Girls Number-9833754194-Diva Busty Professional Call...Diva-Thane European Call Girls Number-9833754194-Diva Busty Professional Call...
Diva-Thane European Call Girls Number-9833754194-Diva Busty Professional Call...
 
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade  6297143586 Call Hot ...Booking open Available Pune Call Girls Talegaon Dabhade  6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
 

When Virtual Worlds Collide – Challenges for the Arts in the Hypermedia Age

  • 1.
  • 2. When Virtual Worlds Collide Presentation by Rowley Mossop Research assistance by Peter Toccalino Presented at Technology in the Arts 2008 Waterloo, Ontario
  • 3. www.songza.com In combination, new media technologies have an impact on key aspects of value: • Rarity • Defined markets • Price May 9, 2008 3
  • 4. What do commercial media have in common with cultural producers? Both produce aesthetic experiences and products which they hope will prove valuable to “buyers” • Public users • Advertisers • Funders May 9, 2008 4
  • 5. Why does it make sense to observe changes in commercial media? Your central challenge is the same as theirs: • How can we use emerging technologies to create experiences valuable enough to attract and retain users and revenue? May 9, 2008 5
  • 6. What is the central dynamic in the world of commercial media? • Incumbent media are innovating to protect the value of their existing experiences and products • Entrant media are innovating to build new businesses from new experiences and products • Innovations will impact how audiences expect to experience culture May 9, 2008 6
  • 8. Emerging technology combinations are replacing rarity with ubiquity. • Nothing is hard to find www.songza.com • Everything is affordable www.youtube.com • It’s all do-able www.therealnews.com In a world where anyone can experience anything online, consider what you offer to users online and live that is distinct, valuable and pleasurable. May 9, 2008 8
  • 10. Emerging technology combinations are forcing changes in market definitions. • Geography is disappearing www.cbc.ca • Time is disappearing www.cbc.ca • Definitions shifting www.theglobeandmail.com In a world where a newspaper can easily become a broadcaster, and you rely on geography or genre for value, consider other ways of defining what you do. May 9, 2008 10
  • 12. Emerging technology combinations are forcing a search for new revenues. • New tariffs www.songza.com • New ways to pay www.z100.com • New products www.metopera.com In a world where users are beginning to expect to receive content for free, consider other ways of earning revenue beyond tickets and memberships. May 9, 2008 12
  • 13. Small group discussion What’s your experience of changes in rarity, defined markets and price? • Identify top 3 technology combinations • Identify top 3 impacts on your work • Raise 1 potential solution May 9, 2008 13
  • 14. Large group discussion How has the Metropolitan Opera responded to the core question: How can we use emerging technologies to create experiences valuable enough to attract and retain users and revenue? www.metopera.com May 9, 2008 14
  • 15. Large group discussion How has the Metropolitan Opera responded to the core question? Rarity – Branding reinforces value of experience Distinct markets – Redefined as ‘world’s opera company’ Price – Created valuable, revenue-earning HD Opera broadcasts presented globally in cinemas May 9, 2008 15