Music Industry Presentation March 08 - Presentation Transcript
Karl Wilding & Megan Griffith NCVO Third Sector Foresight email: [email_address] email: [email_address] www.3s4.org.uk New models for income generation? Challenges for the Third Sector
Structure
Background
How has the environment already changed?
Five strategic opportunities
What will you be doing in 5 years time?
Background
The sector:
Sustainability is elusive: IP seen as part of the solution?
Strategic use of ICT a known skills gap
Majority of sector’s income earned
More broadly:
Digital natives
Media consumption habits changing
Constantly rising expectations
Web challenges business models
The web is making niche content potentially more profitable
Users are the distribution mechanism of the future
Stop focussing on the physical format? http://www.getusb.info/category/usb-music-album/
Innovation in pricing
Giving (it away) is good
What will you be doing in 5 years? The future is already here…its just unevenly distributed
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