Indonesian Journal of Social Science Research
Vol 3 No 2 (2022): Indonesian Journal of Social Science Research (IJSSR)

Covidization of Media and Entertainment Industry: Current Times and the Future Ahead

Romica Bhat (Amity School of Communication, Amity University, Kolkata, India)
Prithu Sarkar (Amity School of Communication, Amity University, Kolkata, India)



Article Info

Publish Date
31 Dec 2022

Abstract

The paper has tried to address the modification and adaptation done by the motion pictures industry on the business model, decision-making process, and revenue model, with a case study on Walt Disney. This paper also tried to understand the digital disruptiveness probable strategies taken by media organizations to conquer the spot of market leader and gain a competitive advantage from the set of homogeneous competitors. The new normal business model that has helped Disney+ to create the core competency has given the organization a long-term benefit to make a sustainable business model. The paper further indulges on how Walt Disney’s proactive, informed, and balanced decision-making process about the sudden change in media business dynamics along with the arts and communication industry is going to be a benchmark while keeping the window of both online and offline media business with growing target audience and revenue generation. In the end, we have tried to come up with a business model for the media industry in contemporary times and the future.

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Journal Info

Abbrev

ijssr

Publisher

Subject

Education Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Social culture. Public & social policy Governance & regional autonomy Development economics. Politics Communication Sociology Anthropology Taxation Administration (public & business ...