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Streaming, Sharing, Stealing by Michael D Smith

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Streaming, Sharing, Stealing by Michael D Smith

How big data is transforming the creative industries, and how those industries can use lessons from Netflix, Amazon, and Apple to fight back. The authors explain] gently yet firmly exactly how the internet threatens established ways and what can and cannot be done about it. Their book should be required for anyone who wishes to believe that nothing much has changed.--The Wall Street JournalPacked with examples, from the nimble-footed who reacted quickly to adapt their businesses, to laggards who lost empires.--Financial TimesTraditional network television programming has always followed the same script: executives approve a pilot, order a trial number of episodes, and broadcast them, expecting viewers to watch a given show on their television sets at the same time every week. But then came Netflix's House of Cards. Netflix gauged the show's potential from data it had gathered about subscribers' preferences, ordered two seasons without seeing a pilot, and uploaded the first thirteen episodes all at once for viewers to watch whenever they wanted on the devices of their choice. In this book, Michael Smith and Rahul Telang, experts on entertainment analytics, show how the success of House of Cards upended the film and TV industries--and how companies like Amazon and Apple are changing the rules in other entertainment industries, notably publishing and music. We're living through a period of unprecedented technological disruption in the entertainment industries. Just about everything is affected: pricing, production, distribution, piracy. Smith and Telang discuss niche products and the long tail, product differentiation, price discrimination, and incentives for users not to steal content. To survive and succeed, businesses have to adapt rapidly and creatively. Smith and Telang explain how.How can companies discover who their customers are, what they want, and how much they are willing to pay for it? Data. The entertainment industries, must learn to play a little moneyball. The bottom line: follow the data.
Smith, Michael D.: - Professor Michael Smith was awarded his Ph.D. in astrophysics by the University of Oxford in 1979. He is now the Director of Research for SEPnet (South-East Physics Network) and holds the posts of Director of Graduate Studies and Sub-Dean in the Faculty of Sciences at the University of Kent. He is a member of the International Astronomical Union and a Fellow of the Royal Astronomical Society.
SKU Unavailable
ISBN 13 9780262034791
ISBN 10 0262034794
Title Streaming, Sharing, Stealing
Author Michael D Smith
Series The Mit Press
Condition Unavailable
Binding Type Hardback
Publisher The Mit Press
Year published 2016-08-05
Number of pages 232
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.