A view on IBC 2009

So IBC 2009 finishes today.  A media broadcasting and technology event with 45,457 attendees and over 1,200 exhibitors showcasing everything you could imagine in terms of software and hardware in this sector.  It took two days for us to get round the 12 halls of exhibitors…

3D was a big feature, as was touch-screen technology on screens 7ft high and 15ft wide, coupled with fantastic demonstrations of ways in which news and sports content will be delivered in homes and on mobile devices in the future.

All the big brands were present (with the notable exception of Sony) and there was much debate about which partner in the delivery chain ‘owns’ the consumer information.  Interestingly the missing partner in this delivery chain was the content creator and more than one person I spoke with observed that events like Mipcom and IBC need to come together as the media industry converges.

For more views on IBC, check out Jon Try’s blog on the Broadcast site:

http://www.broadcastnow.co.uk/technology/ibc-2009-quieter-but-more-productive/5005712.article

Next stop, Ad Tech and Sports Marketing 360 next week!

New Business Models For Media

I’m heading off to IBC 2009 in Amsterdam early Friday am and looking forward to seeing what the latest offerings are in media technology, specifically content management, creation and delivery.  One of the keynote speakers is Saul Berman from IBM who will be tackling the question challenging many media owners right now… how to make money out of the new business models being enabled by digital developments.

The following is a section lifted from his pre-speech build-up:

The distinctions between advertising and marketing have blurred, as new forms of communication combine the ROI-characteristics of direct marketing with the brand characteristics of traditional advertising. Advertising supported revenue models have had mixed and unexpected results, while advanced advertising is still waiting for the right technology to be deployed.

With digital consumers increasingly in control of their media experience and advertisers shifting their spending to more interactive, measurable formats, companies must move beyond traditional advertising to combine granularity of targeting and measurement with cross-platform integration. The one-size-fits-all pricing models no longer hold in what is an increasingly segmented market.

Everybody talks about the music industry being severely impacted by the rapid changes to its revenue structure. But if you look at the broader value chain, it’s not that value was lost from the industry, more that value was gained by different people – and, importantly, not by traditional music companies.

Long before the dawn of the new media age, the Stones – like many others – couldn’t possibly have envisaged the seismic power shift in favour of the individual. And as the music industry has since shown, the right business model for digital media won’t necessarily come through the traditional channels. “The value,” as Berman concludes, “may come from a different area entirely”.

It will be interesting to experience first-hand how these different areas are about to be opened up by the world’s leading media technology companies…

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