The dynamics of the media and content industries : a synthesis

Chapters 1 and 2 of this report deal with the evolution of the media and contents sector towards a digital world, documenting the evolution of the strategy of the legacy players from a defensive behaviour to a more proactive one, striking deals with new entrants, creating new products online. They also explore the disruptions and underline the positive changes that took place recently and the weaving of new interactions between legacy players and new entrants. Chapter 3 focuses on core economic issues such as the costs structure and the mechanisms of value creation. Chapter 4 describes the business models, highlighting some of the innovative ones adapted to a digital world. Chapter 5 concentrates on other trends such as patterns of consumption and production and follows the evolution of the labour force. Chapter 6 deals with infrastructure as the enabler of the transformation has undergone and takes a closer look at the recent changes that have affected the telecom-IT ecosystem in order to identify the trends that are most likely to impact the content sector in the future. Chapters 7 and 8 introduce regulatory and policy issues. Chapter 7 relates to the funding of creation and the protection of creation (copyright as asset management) and innovation. Chapter 8 concentrates on the protection of consumers and competition.