Streaming, Sharing, Stealing by Michael D. Smith audiobook

Streaming, Sharing, Stealing: Big Data and the Future of Entertainment

By Michael D. Smith and Rahul Telang
Read by Timothy Andrés Pabon

Brilliance Audio

The MIT Press Essential Knowledge Series

6.03 Hours Unabridged
Format: Digital Download (In Stock)
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    ISBN: 9781531868154

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    ISBN: 9781531868161

Traditional network television programming has always followed the same script: executives approve a pilot, order a trial number of episodes, and broadcast them, expecting viewers to watch a given show on their television sets at the same time every week. But then came Netflix's House of Cards. Netflix gauged the show's potential from data it had gathered about subscribers' preferences, ordered two seasons without seeing a pilot, and uploaded the first thirteen episodes all at once for viewers to watch whenever they wanted on the devices of their choice. In this book, Michael Smith and Rahul Telang, experts on entertainment analytics, show how the success of House of Cards upended the film and TV industries--and how companies like Amazon and Apple are changing the rules in other entertainment industries, notably publishing and music. We're living through a period of unprecedented technological disruption in the entertainment industries. Just about everything is affected: pricing, production, distribution, piracy. Smith and Telang discuss niche products and the long tail, product differentiation, price discrimination, and incentives for users not to steal content. To survive and succeed, businesses have to adapt rapidly and creatively. Smith and Telang explain how. How can companies discover who their customers are, what they want, and how much they are willing to pay for it? Data. The entertainment industries, must learn to play a little "moneyball." The bottom line: follow the data.

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Summary

Summary

Traditional network television programming has always followed the same script: executives approve a pilot, order a trial number of episodes, and broadcast them, expecting viewers to watch a given show on their television sets at the same time every week. But then came Netflix's House of Cards. Netflix gauged the show's potential from data it had gathered about subscribers' preferences, ordered two seasons without seeing a pilot, and uploaded the first thirteen episodes all at once for viewers to watch whenever they wanted on the devices of their choice.

In this book, Michael Smith and Rahul Telang, experts on entertainment analytics, show how the success of House of Cards upended the film and TV industries--and how companies like Amazon and Apple are changing the rules in other entertainment industries, notably publishing and music. We're living through a period of unprecedented technological disruption in the entertainment industries. Just about everything is affected: pricing, production, distribution, piracy. Smith and Telang discuss niche products and the long tail, product differentiation, price discrimination, and incentives for users not to steal content. To survive and succeed, businesses have to adapt rapidly and creatively. Smith and Telang explain how.

How can companies discover who their customers are, what they want, and how much they are willing to pay for it? Data. The entertainment industries, must learn to play a little "moneyball." The bottom line: follow the data.

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Reviews

Author

Author Bio: Michael D. Smith

Author Bio: Michael D. Smith

Michael D. Smith is professor of information systems and marketing at Carnegie Mellon University’s Heinz College, where Rahul Telang is professor of information systems and management. Smith and Telang are codirectors of the Initiative for Digital Entertainment Analytics (IDEA) at Carnegie Mellon.

Titles by Author

Author Bio: Rahul Telang

Author Bio: Rahul Telang

Rahul Telang is professor of information systems and management at Carnegie Mellon University’s Heinz College, where Michael D. Smith also works. Smith and Telang are codirectors of the Initiative for Digital Entertainment Analytics (IDEA) at Carnegie Mellon.

Titles by Author

Details

Details

Available Formats : Digital Download, CD
Category: Nonfiction/Business & Economics
Runtime: 6.03
Audience: Adult
Language: English