“UK content production is in turn an important part of the overall creative industries sector that in total accounts for more than 6 per cent of UK gross value added, which as a sector is equivalent in scale to the financial services industry.” In export of TV show formats, the UK is the largest single source. This overall growth trend stalled in 2008, however, this sector has begun to face significant revenue pressures.Since 2002, e-commerce has grown and the Internet advertising has grown with it. Britain has the highest proportion of internet advertising of any developed economy. British consumers have a huge appetite for new digital services. This in turn creates a market environment which unlocks new commercial possibilities and encourages innovation in new content, services and applications.
For my part, with the rapid development of science and technology and the evolving concept of media, we have gradually entered the era of digital media, Internet media and mobile media as represented by the new media. In the new media era, as the most powerful party of traditional media, how does television to use the opportunities brought by new media and innovation? In the “triple play” era of telephone network, cable network and the Internet, they are more and more to speed up the process today, to digitization, networking and interactivity for the new media technology on behalf of powerful impact on the survival of the current television media laws and the survival pattern.
New media technology rapid rise with the spread of technology, access and other advantages, continuously streaming audiences and advertising of traditional television and posing new challenges to the British traditional media. But from another angle, with the content of basic resources and network resources of the traditional media, with the continuous advancement of technology, profitability will become increasingly abundant. From the rapid development of interactive television, network television and mobile TV, you can see the fact that the integration of new media to explore new profit model, is the future for television media. New media technologies are “debris” of the spread of Context. Media industry is an industry which “content is king”.
From the industry perspective, if the media industry wants to profit, we must create valuable content. However, valuable content is not necessarily bound to a profit (unless not required to profit), and whether the profits or windfall profits will depend on the media set up and selection of models. Therefore, the interaction between the logical relationship of the construction of media content and media profit model finally decided to sustainable development.