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The Media and Entertainment sector is evolving and growing at a rapid pace with
innovations across the board. Companies that depended on revenues from
providing access to the internet and basic services like email, have now
started providing free access, while using their established reach to now push
relevant content and services to the consumer while generating their revenues
through content relevant advertisements. Similarly the traditional media
companies are also being forced to find new revenue streams by digitizing their
primary asset – creative content. This stored content reflects unrealized
revenues. Once this content has been re-purposed, it can be delivered through
the various services provided by “new” media companies. All this has also been
helped by internet access becoming cheaper with increasing bandwidth, all
available to the consumer. The consumer has an increased appetite for content
through communication streams as varied as the internet, cell phones and
hand-helds and is willing to pay for this content.
Rapid disruption in business models has caused short term threats to the revenue
streams and hence has forced these organizations to also focus on effectively
and efficiently using their resources. In 2008, IT Services spends are expected
to be second to that of the BFSI sector, traditionally the largest spender of
IT services.
ITC Infotech leverages its domain knowledge, technology expertise and proven
rightsourcing model in providing IT Services to the media industry.
Customer Profile
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US based internet services and media company, operated by one of the world’s
largest media conglomerates
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Global multi-billion media conglomerate with presence in cable and satellite
television networks, movie production and distribution
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Leading internet & content services provider
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One of India’s only music schools responsible for preserving Indian traditional
music, with archives dating back to 1902
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An internet services and media company operated by one of the largest software
product companies
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Leading American developer, marketer, publisher and distributor of computer and
video games
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UK Based internet marketing consultancy firm
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Venture based start up experimenting with new business models
Media
& Entertainment Services
Customer
Successes
Industry Insights
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