Music Industry Presentation March 08

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

The last word

Music Industry Presentation March 08

by NatalieW on Mar 20, 2008

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Music Industry Presentation March 08 — Presentation Transcript