Global entertainment and media Outlook 2016-2020: Key areas of growth

Chris Vollmer, Global Advisory Leader for Entertainment & Media with PwC's Strategy&, discusses how the entertainment and media industry is moving towards a direct-to-consumer world – growing in areas like over-the-top subscription video service and gaming.

Spotlight

SunnyBoy Entertainment

SunnyBoy is a full service creative agency. We've created marketing content for major theatrical releases, pioneered outstanding VR, 360, and AR content, produced behind the scenes and EPK content all over the world, conceptualized and delivered high end VFX, illustrated and animated motion comics, brought to life concert visuals, title sequences and graphic packages for network TV shows, designed interactive experiences, created hit digital animated shows and are developing a variety of TV, Film and Digital projects. Started by Emmy-nominated writers Harold Hayes Jr, and Craig S. Phillips, SunnyBoy is a collaboration of talented artists working in a variety of mediums. We pride ourselves on bringing new ideas to emerging media platforms and the foundation of our work is a combination of unique storytelling and stunning visuals.

OTHER ARTICLES
MEDIA AND BROADCASTING

The new chair of the FTC and antitrust 2.0

Article | June 22, 2021

The appointment of Lina Khan on June 15th to chair of the Federal Trade Commission (FTC) is poised to be a transformational one in the history of the world wide web. Khan came to prominence with an article in the Yale Law Journal, Amazon’s Antitrust Paradox, which identified the paradox of hegemonic tech service providers which bypass the US’ strict competition laws by offering lower prices to the end consumer. Under US antitrust law, the driving indicator of market monopolies are higher prices for the consumer – under this strict definition, none of the tech majors which dominate the digital economy are monopolistic. Indeed, some such as Alphabet and Facebook do not even directly charge the end user for their services. So, while both Google and Facebook dominate the global digital ad market, making an antitrust case against them under the current 20thcentury era regulatory framework is nigh on impossible. However, the absence of meaningful competitive challengers to these two incumbents in search and social advertising over the previous 15 years, despite the lucrative high margin business opportunities, implies that the competitive market is not performing according to classical economic theory. Khan has built a subsequent career on trying to square this circle, and now the Biden Administration has empowered her as the key instigator of the sweeping regulatory update required for a digital-first century.

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MEDIA AND BROADCASTING

How to Watch Netflix in Virtual Reality

Article | April 20, 2021

Playing virtual reality video games is a blast—but it also takes work. If you simply want to kick back, relax, and experience some mind-bending visuals without thinking too much, why not try watching Netflix in VR? It's ridiculously easy to do, even if you don't have state-of-the-art equipment. There are three primary methods, depending on what kind of device you're working with: fire up the Netflix VR app on Android, set up mirroring with your iPhone, or simply download the Netflix app from your preferred Oculus device. Here's What You'll Need VR headset: No matter your budget, there's a virtual reality option for you. On the pricey end, there are sophisticated VR headsets like the Oculus Quest 2, which starts at $299, and the HTC Vive Pro Eye, which retails for $799. We've included a few other options in the gallery below, too. If you're looking for something less expensive, there's the $99 Google Daydream View system (discontinued, but you can still find them here and there), the Samsung Gear VR headset (which the manufacturer has also discontinued in the U.S., but you can find it on Amazon for $128), and the $25 Google Cardboard viewer (although you may want to purchase an additional head strap for it).

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VIRTUALIZATION

The rediscovered power of time-seasoned brand equity

Article | June 4, 2021

Discovery CEO David Zaslav has proposed that the new combined Discovery / Warner Media entity will be known as Warner Bros. Discovery. This is a recognition that leveraging brand equity will be crucial for the new-combined entity to successfully compete in the increasingly crowded direct-to-consumer (D2C) video streaming landscape. Zaslav is successfully absorbing a key lesson from Disney+’s meteoric rise to 103.6 million subscribers in less than two years since its launch: leverage deep consumer brand equity for D2C success.

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MEDIA AND BROADCASTING

The productisation of music rights

Article | June 4, 2021

News that New York-based Pershing Square Tontine Holdings is planning to acquire 10% of UMGis the latest in a wave of financial transactions in the music rights space. Alongside this, Believe’s impending IPO has the potential to be one of the biggest things to happen to the independent music sector in some time, and comes as part of a wave of IPOs (e.g.WMG,UMG), SPACs (e.g.Anghami,Reservoir) and no end of catalogue funds and acquisition vehicles. This trend, with good cause, has been referred to as the ‘financialisation of music’ but that only captures part of what is at play here. This is more than simply an influx of capital and debt; financial institutions are now becoming part of the plumbing of the music business, and in turn they are changing the definition of what constitutes success. This shift in objectives and desired outcomes has the potential to rebalance how the music industry operates.

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Spotlight

SunnyBoy Entertainment

SunnyBoy is a full service creative agency. We've created marketing content for major theatrical releases, pioneered outstanding VR, 360, and AR content, produced behind the scenes and EPK content all over the world, conceptualized and delivered high end VFX, illustrated and animated motion comics, brought to life concert visuals, title sequences and graphic packages for network TV shows, designed interactive experiences, created hit digital animated shows and are developing a variety of TV, Film and Digital projects. Started by Emmy-nominated writers Harold Hayes Jr, and Craig S. Phillips, SunnyBoy is a collaboration of talented artists working in a variety of mediums. We pride ourselves on bringing new ideas to emerging media platforms and the foundation of our work is a combination of unique storytelling and stunning visuals.

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