Sunday 17 January 2016

New and Digital Media Stories: Week 16

Article from The Guardian

The article establishes the increase in revenues from music, TV shows, films and video games which hit an all-time high of £6.1bn in 2015 thanks to the popular digital services offered by Netflix, Amazon, Spotify and Apple. In particular,  "Adele hauled the total UK music market to its first growth in at least a decade, up 3.5% to £1.06bn". The UK music industry saw the number of streams almost double to 27m and physical sales. Despite the  overall sales of "physical CDs, DVDs and video games continued their inexorable decline" last year, the total UK entertainment market – sales and rentals of physical CDs, DVDs and Blu-ray discs as well as downloads, streams and subscriptions for TV, films, music and video games – grew in total by 5.6% to £6.1bn. The previous high of £6.04bn was achieved in 2004.
Key Quotes: "Ten years ago, the entertainment business was on the edge of a precipice,” said Kim Bayley, chief executive of the Entertainment Retailers Association. “Piracy was rampant and there were few legal alternatives. Thanks to huge investments from the likes of Apple and Steam and Netflix and Spotify there has been a significant turnaround.”
"The Music Industry - The Adele Effect" - "The digital revolution was also felt in the UK music industry where the number of streams rose a staggering 82% year-on-year to 26.8m. The surge, which resulted in an estimated 50% rise in streaming revenues to £251m, hauled the total UK music sales market to its first growth in at least a decade, up 3.5% to £1.06bn."
In my opinion, I think that the entertainment (film/music) industry have benefited hugely from the developments that new and digital technologies are providing, which is shown through audience engagement and institutional revenues in response. 
The article outlines the story revolved around a man who was using the social networking site Facebook, to made rape threats to a woman. However, he was found not guilty. In response, the women involved set up a campaign to help protect online users.
The story is a prime example of the dangers that can come with new technological developments and how institutions need to ensure that they are implementing censorship mediums to oversee what is occurring on these websites. However, this may lead to debates revolved around privacy and rights - it is therefore a tricky one. 

No comments:

Post a Comment