The Entertainment industry is going through a period of profound reorganization. Key trends are transforming the way in which entertainment is financed and delivered, and this trend is common to almost every system in the world.
Collaboration utilizes existing resources instead of duplicating the source. Integrating information and expertise with other enterprises in the same or adjacent industries provides new opportunities for generating value added services and revenue.
Global collaboration is becoming an extensive methodology utilized by organizations in all industries, while building teams that offer functional expertise, combined with deep, local knowledge of the most promising markets. They draw on the benefits of international diversity, bringing together people from many cultures with varied work experiences and different perspectives on strategic and organizational challenges, enabling multinational companies to compete in the current business environments.
In summary, the entertainment industry is facing major challenges. The pressure to provide better, faster, cost-effective production and technology is mounting, as the world evolves demographically, socially and economically. People are becoming more demanding, as computerization takes hold. Providing high-quality entertainment at a price society can afford, entails collaboration with the public and private sectors, integrating streamlined processes. Collaborating entails removal of the barriers between global environments, empowering industries with world-wide expertise, resources and increased resilience for long-term financial stability.
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