The Changing Landscape of the Entertainment Industry

Join the Harvard Law Alumni Association in Los Angeles on a special evening and discuss the changing landscape of the music industry. Panelists will discuss how the legal aspects of the music industry have responded to digital waves over the past few years.

Jonathan Handel, Harvard University, JD, HLS | Hollywood Reporter and Entertainment Attorney

A constantly changing environment brings great benefits only to every media, perhaps media and entertainment. Television, radio and newspaper are almost exclusively considered factors, but the phenomenal growth of mobile and digital technology continues to transform business and consumers dramatically. Although the traditional broadcast model still occupies the largest share of the industry, digital channels are growing fast. Large changes such as video becoming a digital priority product will keep the industry moving forward and expect the effectiveness of the old business and delivery model will further decline.

Convergence technology has changed the boundaries of the industry and has changed the nature of products and services. Let's consider the new competitive environment brought about by digitization. Traditionally, education, telecommunications, leisure, entertainment markets are offered by various industries and companies such as the consumer electronics industry (including television and audio / video products), computer business (including desktop, laptop, video console) It is. Communications equipment industry (including telephone and pager), software business, music industry and film industry. Just 20 years ago, each of these industries had its own competitiveness with its own competitors. This is a deterministic world where functions are built into products. A still camera is different from a camera. TV is different from computer

Entertainment is one of the most important aspects of people's daily lives. Along with education, the entertainment industry has a major impact on social conditions. The entertainment industry shapes and develops individuality and improves people's physical and mental health. Today, digital technology is a deciding factor influencing every aspect of the entertainment industry, consumers are the driving force behind the change of the industry. The influence of entertainment on people is beyond people's imagination. The world's entertainment industry has accumulated millions of dollars and is an important part of various countries' economies. Currently, people living in developed countries are experiencing abundant recreational activities. Many contents are constantly being produced at amazing speed. Due to the development of modern economy and technological innovation, the current development of entertainment industry is huge.