Archive | June 26, 2017

Digitalization Of Entertainment

Consumers have moved rapidly to adopting digital formats for consuming entertainment-related content. The most obvious example of this is music and video downloads, with Apple’sand YouTube as leading examples. Apple has sold more than one billion songs via its iTunes music store and it continues to demonstrate a spectacular rate of growth. Over 30,000,000 individuals have purchased an iPod portable music device, and tens of millions of other consumers use one of dozens of other portable devices to listen to music. Other platforms for listening to music are equally successful, and in the case of Microsoft’s Windows Media Player even more dominant with over 90,000,000 systems running the software globally. Real Networks Rhapsody, and Yahoo! Music represent other major entrants in this space. In addition to those companies selling licensed music downloads for a fee, peer-to-peer networks such as Limewire and Morpheus claim to have tens of millions of users sharing music and other files on a continual basis.

As consumers have become comfortable purchasing (and stealing) music online, they are now beginning to download other digital forms of entertainment, including music videos, short-subject films, television shows, and even full-length Hollywood pictures. Traditional media companies have recognized the opportunity to establish new revenue streams and leverage old assets by enabling consumers to download television programming for a fee, and the adoption rate appears to match the early days of The increasing penetration of broadband connections (over 50 million homes in the US), advances in software that enables high-quality downloads, and content companies recognizing an enormous opportunity to distribute directly and inexpensively to consumers has created a tidal shift in the number of digital media assets available for download to computers, handheld devices, and even cell phones.

Companies such as YouTube are at the forefront of the intersection of video entertainment and the fragmentation of media due to the empowerment of the consumer. Hundreds of millions of videos are downloaded weekly from YouTube (as well as dozens of competitors), and a significant portion of those videos are not professionally produced. More importantly, new talent in various entertainment fields are being discovered through these distribution platforms and forever changing how entertainment is conceived, produced, distributed, and valued.

Angel Investors In Entertainment Are The Best Bet

With entertainment going high up on preferences for entrepreneurs to kick start their ventures, Angel investors in entertainment is fast becoming a viable alternative for funding. You could be in filmmaking, planning independent shows, getting record and band labels done or wanting to enter the wide array of mushrooming entertainment businesses.

Solutions to a profitable idea

If you are into the entertainment business and have got stuck up due to lack of funds or are preparing to launch a profitable venture, but lack the necessary financial resources, investors are your best bet. But, is it easy to find one these days as the economic blowback has made lenders wary of parking their funds. And that is exactly where Angel Investors can be a good bet if you have a profitable idea ticking in your head.

Money is no problem if the returns are good as investors always look for a reasonable return on their money. If you are entering the entertainment business, do your groundwork before approaching investors. Unless you are prepared with projections, cash flows and the amount of capital you would require, there is no use approaching Angel investors in entertainment. Venture capital providers want to know upfront what are their stake and returns.

If you are going into record labels, you need to identify the music style as they differ in terms of marketing and recording costs. Depending on the type of music, you can approach the right investor. All investors do not park their funds at the same labels and genre of music as the costs differ widely. If you are looking for a Broadway show financing, you need very resourceful Angel investors in entertainment.

Get hands-on help to fine tune plan

But the real criterion of an entrepreneur is experience in film making independently before they can attract investments for their projects. To make matter easy for an entrepreneur, investors take routine surveys where they get feedback about the state of the project or the financial viability of the start up business. You can also get to know the peer groups in entertainment and how they are operating which will enable you to fine tune your business plan for attracting investments.

Raising capital in the competitive market has never been as easy as you can get hands-on help and guidance. Experts and professionals make the process easier as they provide affordable solutions to entrepreneurs to kick start their entertainment venture. Money is available for start ups as well as those looking for operating capital to run their existing businesses.

Without waiting any longer, get investment friendly help to develop strategy, advice on capital, fine tuning your business plan and a cutting edge financial statement. The business plan will be tailored toward debt funding, assessing your project parameters and you will be given a business development tool as a template for other stakeholders in your venture.