Many people talk about how the entertainment industry is dying. The blame obviously lies with the internet and all those 'downloaders' creating a shift from broadcast networks to audience networks (as Mike Walsh frames it in Futuretainment). We are what we share, right?
But its about as true as any other endist statement (TV is dead! Radio is dead! Press is dead! etc etc). And in fact there have been some studies in the US that have shown that downloading has actually increased overall consumption. Similar to the TV PVR research in the UK which asked people who owned PVRs how much time shifted TV viewing they did. LOADS AND LOADS came the overwhelming reply but upon further investigation into their actual behaviour they simply thought they were time shifting more but their behaviour hadn't changed much. But I digress.
Mike Masnick (Founder of Techdirt) has put together a detailed look at the entertainment industry called "The Sky Is Rising" which shows that it is quite simply in rude health. The titans may be struggling but new thinking, new technology and new ideas are contributing to the industries overall growth. You can innovate your way out of anything with a bit of imagination and grit.
Infographic with the headlines below.
And you can get the full 36 page pdf report here.