This is New Media

· Source: a16z · Field: Media & Entertainment — Content Creation & Production, Digital Media & Streaming, Entertainment Technology & Innovation · Depth: Fundamental Awareness, quick

Summary

A significant paradigm shift is underway from "Old Media" models, defined by restricted channels, formats, and company-branded content, towards a "New Media" landscape. The author challenges the persistent belief that legacy media retains inherent respectability or prestige, emphasizing that the media world has fundamentally transformed and a partial commitment to old ways is unsustainable. This evolving environment encourages embracing unconventional and "crazy" ideas, as demonstrated by the rapid adoption of a virtual production concept. This project was initiated with only four weeks' notice, despite its unprecedented nature, showcasing a clear preference for innovative, untried methods over traditional practices.

Key takeaway

For creative technologists and entrepreneurs navigating the evolving media landscape, you must shed the perceived prestige of legacy media. Your focus should shift entirely to "New Media" paradigms. Actively seek and implement unconventional production methods, like virtual production, even on tight timelines. Embrace "crazy" ideas to stay relevant and competitive, as old ways are no longer sustainable for growth.

Key insights

The media landscape demands embracing radical new approaches, discarding old notions of prestige.

Principles

Method

The text describes accepting a virtual production idea with only four weeks' notice, despite its unprecedented nature, driven by a preference for unconventional approaches.

In practice

Topics

Best for: Creative Technologist, Entrepreneur, Marketing Professional

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Editorial summary, takeaway, and curation by AIssential. Original article published by a16z.