Media

Global Media Markets, 2015-2020, 2020-2025F, 2030F – TV and Radio Broadcasting, Film and Music, Information Services, Web Content, Search Portals And Social Media, Print Media, & Cable – GlobeNewswire

Published

4 months ago

February 24, 2021

Harry Miller

Dublin, Feb. 24, 2021 (GLOBE NEWSWIRE) — The “Media Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report has been added to ResearchAndMarkets.com’s offering.

Major companies in the media market include Google; Walt Disney; Time Warner Inc.; Facebook and Comcast Corporation.

The global media market is expected to grow from $1712.96 billion in 2020 to $1850.04 billion in 2021 at a compound annual growth rate (CAGR) of 8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2670.66 billion in 2025 at a CAGR of 10%.

The media market consists of sales of television and radio programs, motion pictures, digital content, and commercials along with video and audio recordings, games and publications by entities (organizations, sole traders and partnerships) that produce and distribute television and radio programs, motion pictures, and commercials along with video and audio recordings, games and publications. Examples of revenues are license fees, subscription and payments for advertising.

North America was the largest region in the global media market, accounting for 33% of the market in 2020. Asia Pacific was the second largest region accounting for 29% of the global media market. Africa was the smallest region in the global media market.

Autonomous drones are becoming popular among mainstream and indie film and video makers as they enhance film viewing experience cost effective, light weight and reduce risks associated with cranes and cable cams during film making. Autonomous drones are flying gadgets equipped with multiple rotors, built-in high-resolution camera and algorithms for capturing videos and pictures. It offers 360-degree experiential recording experience with minimum human intervention. They are used to capture aerial shots, taking footages and images without having a cameraman on an actual helicopter. For instance, Major companies offering autonomous drones are DJI, Parrot, Yuneec, Kespry, Insitu and EHANG.

The outbreak of Coronavirus disease (COVID-19) has acted as a significant restraint on some of the media markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally.

The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the media market will recover from the shock across the forecast period as it is a ‘black swan’ event and not related to ongoing or fundamental weaknesses in the market or the global economy.

Virtual reality (VR) is increasingly being adopted by the TV and radio broadcasting industry to create potential impact on audiences. Live events such as sports and music is expected to boost the demand for VR adoption during the forecast period, by helping audiences to connect with major events through a dynamic environment.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Media Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Media Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Media Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Media Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Media Market Trends And Strategies

8. Impact Of COVID-19 On Media

9. Media Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.3. Forecast Market Growth, Value ($ Billion)

10. Media Market Regional Analysis
10.1. Global Media Market, 2020, By Region, Value ($ Billion)
10.2. Global Media Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Media Market, Growth And Market Share Comparison, By Region

11. Media Market Segmentation
11.1. Global Media Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

TV And Radio Broadcasting
Film And Music
Information Services
Web Content, Search Portals And Social Media
Print Media
Cable and Other Subscription Programming

12. Media Market Segments
12.1. Global TV And Radio Broadcasting Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) – Radio Broadcasting; Television Broadcasting
12.2. Global Film And Music Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) – Music Recording; Film And Video
12.3. Global Information Services Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) – News Syndicates; Libraries And Archives; All Other Information Services
12.4. Global Web Content, Search Portals And Social Media Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) – Social Media; Internet Search Portals; Digital Publishing And Content Streaming; Search Engine Optimization Services
12.5. Global Print Media Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) – Directory, Mailing List, And Other Publishers; Book Publishers; Newspaper & Magazines Publishers
12.6. Global Cable and Other Subscription Programming Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

13. Media Market Metrics
13.1. Media Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Media Market Expenditure, 2015-2025, Global

Companies Mentioned

Google
Walt Disney
Time Warner Inc.
Facebook
Comcast Corporation

For more information about this report visit https://www.researchandmarkets.com/r/wggwoi

CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Let’s block ads! (Why?)

Source link

Share on Facebook

Media

TikTok debuts new voice after Canadian actor sues

Published

6 days ago

June 8, 2021

Harry Miller

After noticing a new female voice narrating the videos on the popular video-sharing social networking service, users of TikTok were baffled as to why. It actually turns out that the Canadian actress behind the old voice filed a lawsuit against the platform for copyright violation as her voice was apparently being used without her permission.

Bev Standing, a voice actor based in Ontario, is taking China-based ByteDance to court. TikTok’s parent company has since replaced her voice with a new one, with Standing reportedly finding out over email after a tip-off from a journalist. On the matter, Standing said: “They replaced me with another voice. I am so overwhelmed by this whole thing. I’m stumbling for words because I just don’t know what to say.”

TikTok is said to be considering a settlement for Standing outside of the courts, but nobody knows whether or not this is true. According to legal experts, the fact TikTok now has a new voice on the popular social media app suggests they acknowledge Standing’s case and potentially understand that she may have suffered as a result of the company’s actions.

Thanks to the emergence of the powerful smartphone devices of today, alongside taking high-quality images for Instagram, getting lost down YouTube wormholes, and accessing popular slots like Purple Hot, people are turning to relatively new platforms like TikTok. The service has 689 million monthly active users worldwide and is one of the most downloaded apps in Apple’s iOS App Store. This latest news could harm the platforms future, although many of its younger users potentially aren’t aware that this type of scenario is unfolding.

For Bev Standing, the ordeal is a testing one. She wasn’t informed of the voice change, there is no mention of it in TikTok’s newsroom online, and the development is news to her lawyer also.

This all comes after her case was filed in a New York State court in early May after the voice actor noticed a computer-generated version of her voice had been seen and listened to around the world since 2020. Speculation is rife as to how TikTok managed to obtain the recordings but Standing believes the company acquired them from a project she took part in for the Chinese government in 2018.

(Image via https://twitter.com/VoiceOverXtra)

The Institute of Acoustics in China reportedly promised her that all of the material she would be recording would be used solely for translation, but they eventually fell into the hands of TikTok and have since been altered and then exposed to a global audience.

According to Pina D’Agostino, an associate professor with Osgoode Hall Law School at York University and an expert in copyright law, the fact that the hugely popular social media platform has now changed Standing’s voice could result in a positive outcome for the distraught voice actor. She said: “It’s a positive step in the way that they are mitigating their damages. And when you’re mitigating, you’re acknowledging that we did something wrong, and you’re trying to make things better.”

When assessing social media etiquette and how both companies and users should act, this type of news can only do more harm than good. Not only does it make the company look bad, but it could have an effect on revenues and, ultimately, TikTok’s reputation.

With a clear desire to move on and put this whole process behind her, Bev Standing is eager for the case to be resolved and get back to the daily work she loves and has been doing for a large part of her life. TikTok has until July 7 to respond to her claim.

Share on Facebook

Media

Nigeria orders broadcasters not to use Twitter to gather information

Published

7 days ago

June 7, 2021

Harry Miller

Nigerian television and radio stations should not use Twitter to gather information and have to de-activate their accounts, the broadcast authority said following the move to suspend the U.S. social media giant in Africa’s most populous country.

Nigeria’s government on Friday said it had suspended Twitter’s activities, two days after the platform removed a tweet by President Muhammadu Buhari that threatened to punish secessionists. Nigerian telecoms firms have since blocked access to Twitter.

International diplomats responded with a joint statement in support of “free expression and access to information as a pillar of democracy in Nigeria”.

Buhari, who was Nigeria’s military ruler in the 1980s, has previously been accused of cracking down on freedom of expression, though his government has denied such accusations.

Twitter has called its suspension “deeply concerning” and said it would work to restore access for all those in Nigeria who rely on the platform to communicate and connect with the world.

The National Broadcasting Commission, in a statement dated June 6, told broadcasters to “suspend the patronage of Twitter immediately”.

“Broadcasting stations are hereby advised to de-install Twitter handles and desist from using Twitter as a source of information gathering,” it said in the statement, adding that “strict compliance is enjoined”.

The statement comes two days after the attorney general ordered the prosecution of those who break the rules on the ban.

The foreign minister on Monday held a closed door meeting in the capital, Abuja, with diplomats from the United States, Britain, Canada, the European Union and Ireland to discuss the ban.

It followed the statement by their diplomatic missions on Saturday in which they criticised the move.

“These measures inhibit access to information and commerce at precisely the moment when Nigeria needs to foster inclusive dialogue…. as well as share vital information in this time of the COVID-19 pandemic,” they said in their statement.

Nigeria’s information minister on Friday said the ban would be “indefinite” but, in a statement late on Sunday, referred to it as a “temporary suspension”.

The minister did not immediately respond to phone calls and text messages on Monday seeking comment on the altered language.

(Reporting by Camillus Eboh and Abraham Achirga in Abuja; Writing by Alexis Akwagyiram; Editing by Alex Richardson)

Share on Facebook

Media

Lisa Kudrow discusses impact of ‘Friends The Reunion’

Published

1 week ago

June 4, 2021

Harry Miller

Comedic actor Lisa Kudrow is set to return to television comedy in the second season of “Feel Good”, hot on the heels of appearing in “Friends: The Reunion”.

The reunion of the classic sitcom “Friends” cast became a hot topic on social media and saw a surge in subscriptions for the show’s platform HBO Max.

Kudrow told Reuters via Zoom she found it “a little bit mind-blowing because you don’t really fully get the impact that the show had on people internationally and the personal stories that you would hear about over the years. It’s really nice. I go to sleep now thinking ‘Ah, I did a good thing’.”

In the series “Feel Good”, which is entering its second and final season, Kudrow plays the mother of Mae, a non-binary comedian who is struggling with the demons of her past while trying to keep up a relationship with girlfriend George.

The first series was critically acclaimed and Mae Martin, who based the series on her own experiences, won two Royal Television Society awards for Best Writer – Comedy and also the Breakthrough Award.

“Once I was sent the script … I loved it. I loved every episode, I loved what it was about,” said Kudrow.

However, her attachment to the project meant that the “Friends” star would have to travel to the United Kingdom where most of the series was shot during the pandemic.

“I was anxious about it but then forgot it once I was there on their set with the COVID protocols. I felt perfectly safe,” Kudrow said.

As the show is based on Martin’s own experiences, she suffered from a lot of anxiety leading up to the launch of the first series.

Martin said she’s still a little apprehensive about the second season. “It was all such an unknown with series one. I had no idea how people would feel about it … last time I was just terrified about my parents watching it but now I know they love it, that’s a huge weight off so yeah I do feel a lot less freaked out.”

“Feel Good” will begin streaming on Netflix on Friday.

(Reporting by Rollo Ross; Editing by Diane Craft)

Share on Facebook