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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

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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