For Consumer Product Strategy Professionals (Length: 18 pages)

May 1, 2009

How Digital Consumption Is Reinventing The Media Industry

How The Forrester Content Strategy Review Can Help

by Nick Thomas

with Mark Mulligan, Erik Hood


Executive Summary (This is a document excerpt)

The media industry is in the middle of a revolution, and it's tough out there. As content and consumption become increasingly digital, old business models based on tightly controlling the distribution of premium content are no longer relevant. As we shift from a distribution paradigm to a consumption paradigm, companies have to rethink their strategies. The balance of power is shifting from the content owners to platforms — and from producers to consumers. Different categories of media content are evolving and adapting at different rates, but in all cases, there is no simple solution to countering declining revenues from physical media. Companies looking to ensure that their online content offerings meet both consumer needs and strategic objectives should use the Forrester Content Strategy Review to evaluate their offerings against those of their competitors.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemDigitization Is Fundamentally Changing Audiences' Relationship With Content

itemMany Content Offerings Fail To Meet Strategic Objectives

recommendations

itemSMILE: Simplify, Measure, Incentivize, Leverage, Experiment

WHAT IT MEANS

itemWe Are Experiencing A Shift From A Distribution To A Consumption Paradigm

itemSupplemental Material

Forrester surveyed 4,284 European Internet users across France, Germany, Italy, Spain, Sweden, and the UK in September 2008.

Related Research Documents

itemHow Media Ecosystems Can Drive Content Sales

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itemEuropean Online Video Strategies In An Economic Downturn

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itemEuropean Paid Content And Activity Forecasts, 2008 To 2013

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itemInternet TV

September 30, 2008

Find Documents In Related Categories

This document falls under the following categories. Click on a link below to find similar documents.

Analyst: Nick Thomas
Technology: B2B Sales & Marketing, Corporate Strategy, Customer Experience, Customer Experience Management, Marketing & Advertising, Product & Solutions Strategies
Industry: Consumer Electronics, Consumer Media & Entertainment, Consumer Portals & Search, Digital Content, Gaming, Media & Entertainment, Music, News
Geography: Europe

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