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2020/12/15

How to stay ahead of the streaming transformation

As audiences are turning away from linear viewing and to SVOD and AVOD streaming platforms, it's crucial to respond effectively
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How Google Cloud is helping media and entertainment companies respond effectively

The media and entertainment industry is in the midst of a transformational shift. Traditional pay TV revenues are waning while new digital streams are becoming more prominent. Beyond fending off nimble challengers in the video space, incumbents and new entrants alike now compete with music, gaming, and esport platforms for forthcoming generations of audiences.

To navigate this period of transition successfully, media companies will have to transform their people, processes and technology, and examine whether their capital allocation strategies are elastic enough to allow content production, and business model experimentation, to occur with agility.

 

This paper outlines the catalysts of the media industry's structural transformation, discusses the implications of these changes for media company business-and-technology leaders, and sheds light on how today's innovative media firms are taking advantage of the cloud's flexibility, scalability, and innovation to continue their digital transformations

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