International Perspectives on Business Innovation and Disruption in the Creative Industries Film, Video and Photography
Film, Video and Photography
Edited by Robert DeFillippi and Patrik Wikström
Chapter 5: European audio-visual production companies adapting to strategic challenges
AbstractThe European audio-visual production industry is a dynamic sector challenged by fundamental changes in terms of technology, business models and regulation that require production companies to revise their business strategies. This chapter introduces two business model extensions that could address these challenges and then empirically analyses the models’ implementation by production companies in eight European countries. Neither the integration of advertiser funding in the production phase, nor the forward integration of online distribution is popular among the companies included in the study. Small companies are apparently reluctant to develop the new competences that are needed for the suggested business model extensions.
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