Navigating Changes in Media Buying and Selling - A Year in Review

As we close out the year, we reflect on the dynamic changes 2023 has seen. Content creation challenges, dramatic changes in consumer habits, and technological advances have all profoundly influenced our industry. We also highlight some of our top-performing guides and blog articles so you can catch any resources you may have missed!  

Critical Issues in 2023

Streaming's Profound Impact

The impact of streaming platforms on the entertainment industry cannot be overstated. The way audiences consume media has dramatically changed. Streaming has enabled more diverse content production and opened many new avenues for selling assets.

The Rise of FAST Channels

One of the more notable changes has been the emergence and growth of FAST (Free Ad-Supported Streaming Television) channels. These platforms blend traditional broadcast experiences with the convenience of streaming, offering content across various genres without subscription fees. Their rise signifies a challenge to conventional subscription-based models, reflecting viewer habits shifting towards more affordable and flexible viewing options.

International Distribution and Licensing Trends

The global film distribution and licensing landscape is also changing. The digitization of the industry and the rise of mobile viewing have paved the way for expansion opportunities. The international market is experiencing a resurgence, with significant players redefining distribution strategies.

The Role of Royalties and Licensing

Royalties and licensing have become more complex, necessitating advanced management systems. Effective rights and royalty management software has become indispensable with the increasing intricacy of deals and the diversification of rights (theatrical, TV, streaming, etc.).

FilmTrack's Top 2023 Resources 

As we strive to keep pace with the changes, FilmTrack's has been leading the way, providing expertise and direction through our expert blog articles and guides. Here's a recap of our most impactful content from the past year:

Our Top 2023 Guides

1. Implementing Rights Management and Royalties Software 

• • Avoid risks in managing rights and royalties with this guide to help you ensure effective software implementation for business stability and ROI. 
  • Includes key strategies for selecting the best vendor, emphasizing a structured process and solution efficacy to stay ahead in the industry.
    

2. The Critical Role of Security in Entertainment Rights Management

• • Learn how to protect your entertainment rights against cyber threats in this guide covering software security, asset protection policies, and compliance standards. 
  • Included are FilmTrack's specific methods for upholding strict regulatory standards
    
    

3. Why Financial Capabilities Are Important In A Rights Management System

• Use this guide to discover the importance of financial integration in your rights management system, learn how to assess your system's effectiveness, and see why advanced economic features are crucial for growing libraries. 
• Access a checklist and insights on selecting a system that tracks royalties and aligns with major financial platforms, ensuring efficient asset monetization.

Our Top 6 Blog Articles of 2023

1. The Rise of FAST Channels and Their Impact on the Future of Television

• Dive into how FAST channels are reshaping the entertainment landscape, offering a mix of traditional and modern viewing experiences.
  
  

2. Streaming Platforms and Their Impact on the Film Industry

• • Explore the profound changes streaming services have brought to film production, distribution, and consumption.

3. 4 International Film Distribution and Licensing Trends to Watch in 2023

• • Uncover the latest trends driving international film distribution and what to expect in the future.

4. No Penny Left Behind: How To Maximize Royalties

• • Learn about the complexities of royalties and licensing and how to navigate them effectively.

5. Selling Titles to a FAST Streaming Service? Here are 5 Things to Look Out For

• • Understand the nuances of dealing with FAST channels and how to capitalize on the trend.

6. The Role of Data and Technology in Film Finance and Licensing

• • Discover how data and technology are revolutionizing film finance and licensing.

Stay Ahead in 2024  

Stay ahead in 2024! Subscribe to our blog for more expert insights and strategies on rights management. Get expert analyses, technological and industry standards tips, and much more, all tailored for media professionals. Take advantage of our crucial updates - subscribe now and thrive!

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This article is for general information and education only. It is provided as a courtesy to the clients and  friends of FilmTrack. FilmTrack does not warrant that it is accurate or complete. Opinions expressed and estimates or projections given are those of the authors or persons quoted as of the date of the article with no obligation to update or notify of inaccuracy  or change. This article may not be reproduced, distributed or further published by any person without the written consent of FilmTrack. Please cite source when quoting.