Local TV Inverness_02_06_10

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Local TV Inverness_02_06_10

  1. 1. Highlands Local TV Forum Chris Cook, Inverness 02 June 2010 'Not for Loss' TV – a Partnership Approach
  2. 2. Introducing Nordic Enterprise Trust (NET)
  3. 3. Society 1.0 - Decentralised and Disconnected
  4. 4. Presence in person
  5. 5. Society 2.0 – Centralised but Connected
  6. 6. Presence via intermediaries
  7. 7. Society 3.0 - Decentralised and Connected
  8. 8. Presence on the network
  9. 9. Media & Platform Convergence 01/06/10
  10. 10. Packets of Internet Protocol (IP) Data reach us in two ways 01/06/10
  11. 11. Broadcast delivery - 'One to Many' 01/06/10
  12. 12. Web delivery - 'One to One' 01/06/10
  13. 13. Broadcast/Web Convergence 01/06/10
  14. 14. But no-one has yet developed the right devices 01/06/10
  15. 15. ...or the right enterprise model 01/06/10
  16. 16. Let's have a look at Enterprise Models 01/06/10
  17. 17. Public means State... 01/06/10
  18. 18. ...funded by taxes and public borrowing 01/06/10
  19. 19. Private means Limited Liability Company 01/06/10
  20. 20. Funded by Equity - shares with a par value eg £1.00... 01/06/10
  21. 21. ...or Debt - loans secured by legal claims eg mortgages 01/06/10
  22. 22. ...giving two conflicting claims over the same productive asset 01/06/10
  23. 23. Scots know it's not a case of 'either/or' 01/06/10
  24. 24. 'Not Proven' verdict is both...or neither 01/06/10
  25. 25. NET works in this 'quantum' zone of uncertainty 01/06/10
  26. 26. There’s a new legal animal out there.... 01/06/10
  27. 27. There are now 60,000 UK Limited Liability Partnerships (LLP)... 01/06/10
  28. 28. ...even in the Public Sector, where Glasgow has five municipal LLPs 01/06/10
  29. 29. An LLP is a corporate body with limited liability.... 01/06/10
  30. 30. ...and...errrr...that’s it!... 01/06/10
  31. 31. As far as the Tax Man is concerned it is a Partnership 01/06/10
  32. 32. Capital Partnership Capital Partnership Investors Customers Custodian % % £ 01/06/10 Managers
  33. 33. Equity Shares - % age shares in revenues or production... 01/06/10
  34. 34. ...or Units - redeemable in production 01/06/10
  35. 35. Example: “The Art of Flirting” – a film incorporated as an LLP 01/06/10
  36. 36. The actors received nth’s of the gross revenues... 01/06/10
  37. 37. ...I got 5%...and the producer the rest... 01/06/10
  38. 38. ...except that we needed lights, cameras, pizza, coffee 01/06/10
  39. 39. Two Capital Partners invested £10k for 20% of revenues 01/06/10
  40. 40. ...if there are any 01/06/10
  41. 41. Art of Flirting Partnership Art of Flirting Partnership Financial Capital (Investors) Viewers Custodian % % £ 01/06/10 Human Capital (Actors, Producer, Me)
  42. 42. The Capital Partnership aligns stakeholder interests.... 01/06/10
  43. 43. ...but it’s not a magic bullet 01/06/10
  44. 44. Conventional finance requires binding contracts 01/06/10
  45. 45. Partnership finance requires consensual agreement 01/06/10
  46. 46. But there may be no magnetism.. 01/06/10
  47. 47. ...or partners may fall out... 01/06/10
  48. 48. A Capital Partnership is not an Organisation 01/06/10
  49. 49. ...it does not own anything, do anything, employ anyone, or contract with anyone... 01/06/10
  50. 50. ...it is simply a framework within which the stakeholders self organise ... 01/06/10
  51. 51. Community Media Partnership Community Partnership Investor Community 'Club' Custodian (CIC?) % % £ 01/06/10 Manager
  52. 52. … .is a framework for provision of 'micro' TV and broadband 'not for loss'
  53. 53. How does it work? 01/06/10
  54. 54. Community .....joins the Club 01/06/10
  55. 55. Neither Public - taxes/ licence fee paid for open access.... 01/06/10
  56. 56. ...nor Private 'walled garden' – invoices/ subscriptions and closed access 01/06/10
  57. 57. A Club is Closed because only members have access.... 01/06/10
  58. 58. ...but also Open because anyone consenting to club rules may join 01/06/10
  59. 59. Service Providers – an open consortium 01/06/10
  60. 60. Provides platform, devices, billing and content.... 01/06/10
  61. 61. ...on an agreed revenue sharing basis 01/06/10
  62. 62. Investors – share revenues of productive assets – Fixed Capital 01/06/10
  63. 63. Working Capital? - 'Sell it forward' – Units redeemable in payment for use 01/06/10
  64. 64. Community Media Partnership Community Partnership Investor Community 'Club' Custodian (CIC?) % % £ 01/06/10 Service Provider
  65. 65. If we link together and network 'micro'... 01/06/10
  66. 66. ...we get 'Macro' 01/06/10
  67. 67. UK Media Partnership UK Media Partnership Investor Users Custodian % % £ 01/06/10 Service Provider
  68. 68. ...offers a completely inclusive framework for media 01/06/10
  69. 69. Thank You 01/06/10

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