Today's media and entertainment industry is one of rapid, relentless and complex change. New technologies require updated operating procedures within the enterprise, while increasing demands from business partners and consumers alike create new challenges and opportunities. Several strategic imperatives will drive the future success of media and entertainment companies
Companies need to:
Start serving the global marketplace
Focus on understanding and serving their customer base, while strengthening brands' ability to draw and maintain audience attention
Establish new paradigms for content creation, embracing user-created and regional content
Ensure that the infrastructure is in place to support tomorrow's operations
As strategy and technology practices become inextricably linked, those with the boldness of vision to meet these challenges by transforming the way they do business today will be the industry's winners tomorrow.
Electronic media now comes in the forms of tablets, laptops, desktops, cell phones, mp3 players, DVDs, game systems, radios, and television. Technology has spiked to record highs within the last decade, thus changing the dynamic of communication.