Professional Documents
Culture Documents
MANAGEMENT
Submitted to:
Submitted By:
J001 - Sanil Desai
J011 - Praful Singh
J021 - Nana Aditya Gorla
J031 - Megha Mayuree
J041 - Safaljot Singh
J051 - Samik Sen
J061 - Kavita Khandelwal
In the entertainment content world, technology has always been a big part. Entertainment technologies was
started with Thomas Edison’s first phonograph machine in 1877. After many decades radiotelegraphy in
telecommunication found its use in entertainment radio broadcast services. Radio paved the path to mass
media for entertainment. After the radio mainly two major entertainment content types i.e., motion pictures
and television came into existence.
Motion pictures:
It appeared first at the end of 19th century. The motion picture camera was first invented by a Frenchman
Louis Lumiere in 1895, and the Vitascope projector was invented by Thomas Edison in 1896.The early motion
pictures had no sound and color. This led to the beginning of the creative arts of storytelling with the help of
moving pictures. slowly sound was added to motion pictures. Color took long time to come to moving pictures.
The first feature-length color film was produced in 1918 but there were many difficulties. Innovations led to
meet new demand needs like introduction of Television.
Television:
Modern television first came in form of electronic television in 1927. Television systems were totally
dependent on a transmitter-to-receiver model where images were captured on the transmit end will be
replicated at the cathode ray tube (CRT) on the receivers. Motion pictures remain largely a storytelling
medium but television began to a mixture of traditional variety shows which attracted many audiences. With
the advent of new distribution technologies in the next two decades like cable and satellite, they became
increasingly prominent as the preferred means for distribution of content on television. Then it innovated the
new high-definition TV (HDTV) into TV which was a welcome to the consumers.
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as DirectTV and Dish Network which provides digital TV services to consumers and allowed for new features
such as being able to choose the channels through A-La cart services.
After this, came the packaged media which brings to consumers the control that they did not have with
theatrical or live broadcast TV experience. Packaged media gave consumers full control over the playback of
a piece of content like pause, rewind, and fast forward. The transition from television to packaged media was
dwarfed by the Internet.
Digital age also made it possible for a new form of entertainment like electronic games. Video games are said
to be one of the earliest forms of digital entertainment. The video game industry grew from a niche market
which were serving a small group of gamers to the big market such as Xbox, PlayStation.
Digital age has allowed the audience to watch their favorite shows at a time convenient to them and on any
device, they happen to use. Then started the era of making homemade videos and uploading to user-generated
content (UGC) sharing sites like YouTube, Vimeo and many others. Today, consumers have many choices to
access their favorite content online. Various verticals in Entertainment Sector where technology is playing a
crucial role:
Book publishing:
The book publishing comprising of hardcopy and digital books has a revenue of $38 billion business in 2018.
Due to the constant shift towards a paperless world, it represents a fast-changing commercial landscape. In
terms of market share, 42% of the books a popular consumer books have the lion's share, followed by
educational and professional books.
Video games:
Powered by the exponential growth of devices such as phones, computers, game consoles and virtual reality
gear, this rapidly growing sector reached revenues of $26 billion in 2019. The growing popularity of
gamification through VR, Wii and platforms such as esports (competitive gaming) and gambling games have
added to this sector's momentum.
Sports:
The global sports industry revenue is about to $620 billion today. With growth which is faster than global
GDP, its long-term prospects appear strong.
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Problem Definition and Requirement
Analysis
The Entertainment industry is booming and expanding into new sectors, with revenues amounting to about $2
trillion worldwide. In the United States, media and entertainment is responsible for more than a third of the
industry's business. While being an enormous consumer powerhouse, there are some warning signs to look
out for from consumers and regulators point of view. These are:
Data privacy:
Data privacy is always the elephant in any digital platform discussion, ever-present that waxes with every
privacy breach which brings the issue to everyone’s short span of attention and slowly wanes down while a
plan of action is called for. Thus far, media firms have faced a lot of data breach issues where user data was
exposed. With such a run of the mill data privacy performance, the expanding user base will burden these
companies to do more in the years ahead.
Antitrust concerns:
The largest tech companies such as Google, Amazon and AMC are major players in Entertainment. These
companies have dedicated media and entertainment departments with ever increasing span of services from
broadband services to wireless and VR technologies and investments that has called for this segment to be
broken up into small entities in order to make it easier for the regulators to keep an eye on them from an anti-
competitive and anti-trust perspective.
Customer Retention:
Customer obsession became a core value of almost all companies. In order for a company to be successful, it
should serve its customers better and hold them from going to its competitors. In this process customer service
plays a vital role. Considering various ambiguities in this industry customer service/support is of paramount
importance. The company must be prompt in addressing all the grievances of the customers. Proactive and
automated customer service applications will help businesses generate more leads which in turn will improve
the bottom line of the company. Without efficient, proactive and timely customer service processes a company
will not be able to grow as expected.
The demand for more intelligent and cost-effective Customer Service and superior User Experience is at an
all-time high. In the following sections, we are going to discuss deeply on how technologies like Cloud
Computing, Analytics, Augmented Reality, Virtual Reality, Machine learning, Cyber Security and IoT are
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going to equip the company to tackle the situations in the VUCA world, place their customers first and
immerse them in advanced user experiences.
Business Solutions
Agility and Continuous Expansion of Market: Technology Used Cloud Computing
Cloud computing is the delivery/accessing the services over the internet. To serve a global set of audience,
Entertainment companies need technologies
that support agile, and evolving business
models. Compared to more traditional
workflows, cloud services are beneficial in
terms scalability, flexibility and speed – to –
market for a digital service. With virtualized
applications and servers, businesses have the
ability to dynamically reconfigure their IT
infrastructure to serve any workload and
scale services as per the demand in the
market.
Cloud computing infrastructure includes
devices with high computing power,
devices for networking and storage, as well
as an interface for users to for accessing this
resources
SWOT Analysis
Strengths Weaknesses
Opportunities Threats
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Interactive Gaming and Accuracy in Sports: Technology used Internet of Things
IoT can be described as a network of sensor/devices, software and other technologies, connectivity, data
processing. All these four distinct components referred to as things which are connected to the internet and
transmit data to the system where it can be monitored. It is a cloud assisted integration of human interaction
with a suite of technologies. IoT applications in the gaming industry involve wearable devices that are crafted
to a particular type of game. These wearables allow the players to interact with their characters in game,
through actions and gestures in the game mimicking the way the player moves in reality, if enacting the game
scenarios.
IOT allows for measuring players performance, efficiency and monitoring their progression.
The goal line technology in football for examples uses embedded sensors in the ball that can track its position
w.r.t to a 3D plane. IoT sensor can also information about shot and pass, accuracy and strength. Also, Hawk-
Eye technology uses cameras as a sensing device which are strategically placed and provides the tracking.
SWOT Analysis
Strengths Weaknesses
SWOT
Opportunities Threats
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Streamlining the business process: Technology used is Analytics
Analytics brings out the meaningful patterns from data by a scientific way. It turns raw data into useful insights
for making better decisions. Analytics is the application of statistics and operations research combined with
the power computer programming architecture, in order gain insights to the meanings of data. It is mainly
useful in areas which have a lot of data or information to deal.
Analytics play a vital role in the Entertainment industry. Piles of Data is collected every minute from plethora
of sources regarding consumer information search, content watched, their watchlist, clicks, watch time span
etc. This helps the organizations in analyzing consumer behavior at an unparalleled level. Data and analytics
are helping entertainment industry to unlock hidden insights from their data i.e., it helps to predict models to
test pricing, advertising and sales forecasting. By applying analytics entertainment industries can better
understand and target consumers, streamline their business processes, improve the user experience and
identify new products and
services to offer customers.
SWOT Analysis
Strengths Weaknesses
Opportunities Threats
Discovering and prioritizing assets and Safety Measures: Technology used is Cyber
Security
Cyber security is the application of controls, processes and technologies to protects data and devices,
networks, systems, programs from cyber-
attacks. It identifies, detects, responds,
recovers and finally protects from all the
malware attacking the entertainment
industry.
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• Security requirements for third-party vendors to protect sensitive data for which the vendors have
access.
• Entertainment should have security, safety and monitoring measures from internal networks to mobile
apps. Security can reduce service attacks and theft of digital assets.
• Faster response times in case of any threat will lessen the amount of damage and compromised data
caused by an intrusion.
SWOT Analysis:
Strengths Weaknesses
Threats Opportunities
Machine learning allows a computing system to learn by maximizing automation and minimizing human
intervention or the need to be programmed. It allows for the machine to learn on its own and improve from its
learning experience without the need to be constantly patched or updated. Artificial Intelligence and Machine
Learning in Entertainment is extensively used for design, film promotion and advertising. In order to improve
the relevance of efficiency of content distribution and content recommendations to consumers, companies try
to combine unstructured, structured data and machine learning methods to match content and consumers.
SWOT Analysis
A new feature chatbots were introduced by machine learning which helps for promotional campaigns for
books, films, artists, and TV shows and it also allows the conversations of fans with their favorite characters
or celebrities.
With the ever-expanding AR applications and constantly improving capabilities of digital devices,
Gamification is being developed to use elements from game design in other applications that currently exist
on phones/tablets. VR technology makes gaming more exciting and immersive. Augmented Reality provides
the functionality of imitating the physical world around us and projecting virtual pictures and characters
through a phone’s camera or video viewer and transforming the digital visual field around us into a colorful
and more interactive one. Virtual Reality has the ability to render an immersive environment an interacting
consumer using a complex framework of operations involving special equipment such as computers, sensors,
headsets, and gloves
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Benefits:
• Creates a life like image of our physical space along with engaging our other senses.
• Multiplayer gaming and creating a nice interactive environment for kids to allow them to engage in
educational games for a long attention span.
• More immersive gameplay possibilities in 360-degrees
SWOT Analysis
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Conclusion & Future
Scope
The one technology that is about to enter into the Entertainment Industry is Block Chain in the field of
payments. Recently a major global theatre chain announced to accept Bitcoin payment by the end of this year.
Bitcoin payment is based on block chain technology. Some of its nascent features are:
• It is most simply referred to as distributed ledger technology that uses cryptographic hashing to
transparently list the history of any digital asset
• A transaction is stored as an encrypted block of data them together to form as source – of- truth for the
data
• It preserves integrity of the document and transparency to the public
• The inherent security of this technology makes it a prime technology
• The algorithm makes the processing speed faster and eliminates the third-party trust
It also comes with some of the weakness like Lack of storage capacity. Interoperability issues and minimal
exposure. Though there is some hinderance, this step is a revolutionary in the payments field while the
pandemic had a huge toll on the Entertainment Industry.
There is also role of drone flights in live-stream and virtual piloting in AR/VR that will raises the level of
entertainment to next level. A recent example is the drone shows at Tokyo 2021 Olympic games.
There are also big data applications to analyze screenplays and scripts of movies/tv shows and informs the
stake holders of the commercial box office chances of success of the movie in production
These initiatives show the adaptability nature of the industry with the evolution of emerging technologies.
These technologies discussed in this report have transformed Entertainment Industry from something you
chose to engage earlier to something you don’t want to miss out. It has brought entertainment closer to the
consumers in their homes, within their palms. By providing appealing solutions to satiate the appetite for
business and consumer consumption and companies, the entertainment industry has set new benchmarks for
future while successfully adapted to the emerging technologies.
References
1. https://www.splunk.com/en_us/data-insider/what-is-infrastructure-analytics.html
2. https://onlinedegrees.und.edu/blog/cyber-security-entertainment-industry/
3. https://www.chinadaily.com.cn/business/tech/2017-12/03/content_35181183.htm
4. https://jasoren.com/entertainment/
5. https://www.vmware.com/topics/glossary/content/cloud-computing-infrastructure
6. https://link.springer.com/chapter/10.1007/978-3-030-40037-8_11
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