Generally, the media sector is the first point of contact for emerging news stories. Today, we are all content creators and publishers, thanks to the advancement of technology. It’s never been simpler to make new videos, distribute news via social media, and expand our following.
Now, new applications of emerging technology are reshaping how we acquire and distribute information/content. The media sector is being influenced in practically every area, from digitization to the expansion of freelancing resources. Yet, this is the beginning. Significant breakthroughs are reshaping the media landscape, so anticipate some major upheavals in the coming years!
Emerging Media Technologies Reshaping Media Industry: Examples
1) Live Streaming
Live Streaming is an emerging technology with several benefits for the media industry. It’s a natural evolution of the traditional television experience. It has changed the way that audiences interact with media content.
The consumption of media has become increasingly dependent on social media platforms such as Facebook. These technologies allow journalists to live stream events and gather worldwide information.
Some media outlets have even launched live streams using these technologies. This makes it possible for journalists to cover news events in real-time. Moreover, many companies are using these new tools to increase their audience engagement.
2) Chat Bots
With the growth of messaging applications, chatbots are gaining acceptance among several media companies and consumers equally. Chatbots are AI systems that allow customers to communicate with you through messages, texts, or voice. With a personalized consumer experience, chatbots for the entertainment and media industry increase audience engagement.
Additionally, chatbots may work as an active medium for delivering sponsored content. For instance, once individuals specify their choices, bots may predict their interests and offer customized news alerts, movie suggestions and showtimes, and event updates, among other things.
A bot can also manage the distribution of content to individuals. They may use it to filter out the flood of material and read and watch just what interests them.
Moreover, individuals may use bots to search for and purchase tickets for tours and events based on their preferences, location, and pricing. Bots may assist organizers in keeping track of ticket sales.
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3) 5G and Wi-Fi 6
The convergence of 5G and Wi-Fi 6 adds more value to organizations in all sectors. With these new technologies, the Internet of Things will be easier to connect to, and enterprises will have the ability to deliver a high-quality experience to their customers.
We might see data transmitted at roughly 10 gigabits per second, ensuring a seamless experience for anything from live stream to augmented reality exploration.
So, viewers may now consume the media better almost at lightning speed, with high-quality video streaming and no video buffering.
4) Virtual Reality
As screen sizes, low-cost graphics processing, and consumer-targeted gadgets develop, virtual reality will make its way into many industries. However, media businesses already utilize VR to generate engaging new content, increase brand awareness, and retain viewers.
VR has the potential to engage the spectator in an experience in such a way that it allows for a stronger connection with the storyline. The incorporation of VR and AR into journalism can immerse readers and viewers in a subject in ways that texts, 2D visuals, and even regular video cannot.
Moreover, the immersive virtual reality video experience fosters a greater sense of connection and emotion with news stories.
5) Video Technology Advancing at a Breakneck Pace
Consumers of content are increasingly seeking fast and convenient methods of information consumption. Consequently, video-based delivery has become increasingly popular. For easy sharing of videos and to add more effects, an online video editor can be used. When this is combined with the quick advancement of high definition, 4K, 8K, and VR, there is an enormous possibility for really immersive entertainment.
While widespread implementation is still years away, entertainment industries are already seeing achievements with technological advances.
6) Death of Cookies
The cookie’s demise is unavoidable. By 2023, marketers will no longer monitor customers online through third-party cookies.
While Apple Safari and Mozilla Firefox discontinued the use of third-party tracking cookies years ago, Google Chrome persisted in doing so. The demise of third-party cookies will increase internet users’ confidentiality as they navigate the web.
However, the change poses a significant threat for marketers whose campaigns are powered by third-party data. While the move may immediately affect publishers who rely on ad revenue, it will repurpose what is conceivable with first-party information and direct relationships.
7) Social Outreach Apps
Social media outreach is one of the most effective strategies for establishing new connections, increasing interaction, and increasing the number of viewers on your content. Conducting an effective outreach effort may be challenging, tiresome, and even annoying at times. However, the benefits you may get make the work more than worthwhile.
Also, the social outreach tools revolutionize the way the media sector communicates with its audience. Q&A enables anybody to offer video responses to questions, allowing journalists to conduct realistic video interviews with several big names without personally being there.
8) Automated Journalism
Automated journalism is reshaping the business and transforming the profession – with technology probably playing a more prominent role in journalism and communications in the future. Additionally, automated journalism is being used to validate headlines, verify sources, and discover breaking news.
With artificial intelligence, it will now be possible to create the news faster and with fewer mistakes. Large news organizations are employing AI, from information processing to in-depth research.
According to some researchers, it represents a chance for journalists to free them from monotonous tasks. It is also a cost-cutting measure.
9) Wearable Journalism
Wearable technology is rapidly becoming a consumer item and a reality for the majority of people. They are continually evolving. These new developing technologies are attempting to engage the people with big media in a way that has never been attempted before. For instance, the Apple Watch makes keeping up with the latest news as simple as keeping track of the clock. Wearable journalism is great for providing brief updates as viewers wait for the complete news piece.
10) Internet Delivery
If you haven’t worked out how to build a sustainable business strategy around Internet-based content distribution, you’re already behind the curve. Traditional media and digital media have become indistinguishable.
All media houses are already utilizing the internet to share content. However, they need to determine when and how to offer the right information to the appropriate person.
These emerging technologies illustrate how rapid technological advancements are reshaping the media sector. They’re worth exploring to see how they may aid in developing and disseminating content. Maybe after adopting these technologies, you may start wondering how you survived without these innovations.