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Music Industry Presentation March 08


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Music Industry Presentation March 08

  1. 1. Karl Wilding & Megan Griffith NCVO Third Sector Foresight email: [email_address] email: [email_address] New models for income generation? Challenges for the Third Sector
  2. 2. Structure <ul><li>Background </li></ul><ul><li>How has the environment already changed? </li></ul><ul><li>Five strategic opportunities </li></ul><ul><li>What will you be doing in 5 years time? </li></ul>
  3. 3. Background <ul><li>The sector: </li></ul><ul><li>Sustainability is elusive: IP seen as part of the solution? </li></ul><ul><li>Strategic use of ICT a known skills gap </li></ul><ul><li>Majority of sector’s income earned </li></ul><ul><li>More broadly: </li></ul><ul><li>Digital natives </li></ul><ul><li>Media consumption habits changing </li></ul><ul><li>Constantly rising expectations </li></ul><ul><li>Web challenges business models </li></ul>
  4. 4. The web is making niche content potentially more profitable
  5. 5. Users are the distribution mechanism of the future
  6. 6. Stop focussing on the physical format?
  7. 7. Innovation in pricing
  8. 8. Giving (it away) is good
  9. 9. What will you be doing in 5 years? The future is already here…its just unevenly distributed
  10. 10. The last word