TVE@TV Connect | Page 15

rr2_rr 21/04/2015 21:05 Page 2 outsourced, etc.), it’s not possible to fully connect all the dots this way l Enhancing monetisation options by expanding audience reach and business opportunities, leveraging multiple ‘big data’ sources effectively; l Using new technologies like catch up TV,VoD and multi-screen delivery to give viewers the flexibility to access TV programming at any time, on any devices, with the feeling they did not miss a thing; l Creating mechanisms to serve up similar or related content that viewers may also enjoy watching; l Leveraging new advertising inventories of TV channel programming to target relevant audiences and increase advertising revenues. providers as possible, both incumbents and newcomers, including cable, DBS, IPTV, mobile operators, ISPs, VOD, OTT service providers and others. They will also need to invest to maintain channel relevancy while keeping a flexible approach to their TV channel’s model. Business models and selling content and programmes in a syndication format will also need to be addressed. The handling of content rights will have to become more efficient and streamlined, in order to integrate with multiple commercial platforms and take responsibility for the fulfilment and delivery of content itself. This is just the tip of the iceberg; with so many ways to consume TV channels and content, the challenges are great. The complexity is only going to grow due to market fragmentation, the ongoing demand for high value content, changes in viewing habits, the increased pressure on traditional business models and, of course, new technologies, all requiring TV channels to rethink their current channel operational model, cost structure and partnerships strategies. Focus on innovation In order to overcome the above challenges, stay relevant and reach more viewers effectively, TV channels need to be innovative. This requires more attention and resources such as employing new types of people with specific skill sets, offering improved and more relevant content and dynamic programming, and creating the best viewing experience and user engagement applications and services. TV channels will need to analyse vast amounts of viewing data from a wide variety of sources and platforms in order to better understand their viewers’ needs. They will also need to adjust their content accordingly and be able to sell and optimise advertising revenues from new inventories now available to them. In fact, their entire business model will be challenged as they find new, innovative methods to sell and monetise their content to both TV service providers and end-users directly. Furthermore, they will need to sell their TV channels and content to as many service End-to-End, Fully Managed Media Services In order to handle this increasingly complex environment, TV channels can no longer rely on multiple point solutions for the supply of different services that are required to achieve their goals. Today, TV channels need one solid, reliable media services partner that can help them implement their new business strategies, centralise all media operations and methods and be robust enough to provide outstanding service 365 days a year, in order to fully focus on the crux of their media business. Between the TV channels’ content creators and platforms operators, a global media services partner can take full responsibility for the technical, operational, logistical and distributional needs, and deliver all the required digital media ͕