← Back To All Posts
Date:
April 8, 2024

The NAB Show 2024: Unveiling the Future of Media and Entertainment

Technology continues to drive change and opportunity.

In the fast-paced world of media and entertainment, the buzz around transformative technologies can shift in the blink of an eye. Just two short years ago, blockchain was the rage, with its promise of revolutionizing content rights management, royalty payments, and fan engagement. Fast forward to 2024, and the industry's gaze has turned to the inspiring potential of artificial intelligence (AI). From content creation to image generation to personalized recommendations, AI has swiftly become the new darling of the M&E sector, leaving blockchain as a mere footnote in people's memories.

This year's NAB Show 2024 has a clear focus on the transformative power of AI. One of the most significant trends to watch out for is the integration of AI across the entire content creation pipeline. From script generation to post-production, AI-powered tools, like SpherexAI™, will streamline workflows and unlock new creative possibilities. Companies across the industry are encouraging media executives to embrace AI analysis and generative tools in their television and film productions. The challenge will be finding tools that provide direct project benefits without adding undue oversight or risk.

Another critical focus at NAB 2024 will be the continued shift towards IP and cloud-based solutions. Exhibitors will showcase cutting-edge products that leverage these technologies for remote production, playout, channel branding, and routing. The transition to IP-enabled infrastructures has been a long time coming. Still, the past year's events have accelerated the need for flexible, scalable, and location-agnostic workflows. As broadcasters and content creators adapt to the new normal, the cloud has become an indispensable ally in ensuring business continuity and fostering collaboration.

Of course, no discussion of the M&E landscape is complete without touching on the streaming revolution. With over-the-top (OTT) platforms now dominating video consumption, NAB 2024 will feature many products and panel discussions centered around streaming technologies. From content protection and video quality monitoring to ad insertion and personalization, exhibitors will showcase innovative solutions designed to help content owners and distributors thrive in the streaming era.

As we approach NAB 2024, it's clear that the media and entertainment industry stands at a crucial juncture. The rapid pace of technological change, coupled with shifting consumer behaviors, presents challenges and opportunities for broadcasters, streamers, content creators, and solution providers. While blockchain may have taken a backseat, the rise of AI, IP, cloud, and streaming technologies are profoundly reshaping the industry. The NAB Show 2024 offers a glimpse into this exciting future, and attendees can expect to be inspired, challenged, and empowered as they navigate the ever-evolving media and entertainment landscape.

If you are attending NAB this year, add Spherex to the Exhibitor Show Planner on your MyNABShow app. We are in the West Hall at booth W2217. If you or a colleague need an exhibition floor pass, follow this link and use code NS7763 to obtain one for free.

We look forward to seeing you in Las Vegas!

Related Insights

Spherex Classification Tool Now Approved for Home Entertainment Content in Australia

The Albanese Government has updated the Spherex Classification Tool approval to include ratings for theatrical releases, home entertainment, and streaming content in Australia. Spherex was previously approved to classify online films.

The update underscores the Australian Classification Board’s confidence in Spherex as a tool to help Australian viewers make informed choices about the content they consume. This means Australians can now access a range of new films sooner than they might across all formats and windows.

Spherex has a longstanding relationship with the Australian Classification Board. Since 2020, Spherex has collaborated closely with the Australian Government to ensure its technology reliably generates classification decisions that meet Australian standards and viewers' expectations.

As the world’s only commercial provider of local age ratings, Spherex has successfully produced classification decisions for high volumes of online content in over 100 countries. Since 2018, Spherex has issued over one million age ratings for digital content, including films, TV shows, and trailers, distributed by its clients worldwide.

Spherex customers, including Umbrella Entertainment, Madman Entertainment, and Sugoi Co., rely on its AI-based platform to obtain local age ratings in Australia and significantly improve efficiency, cost reduction, and market reach.

Discover how Spherex's cutting-edge AI-based platform can streamline your content classification process and enhance your market reach while reducing costs.

Visit spherex.com today and see how we can support your content distribution needs.

Read Now

nScreenNoise - Interview Spherex: Avoiding the cultural dead zone

One of the conundrums of streaming is that although a service can deliver content globally, it is not guaranteed to be acceptable in a particular local market. Netflix found this out when it announced global availability in 2016 at CES and was quickly banned in markets like Indonesia, where some of the content was deemed too violent or sexual. In 2016, without boots on the ground in a local market, it wasn’t easy to assess whether a show or movie would be culturally acceptable.

Today, global media companies are acutely aware of the importance of their content’s cultural fit. Moreover, they have a company like Spherex to help them prepare their content to ensure it fits with any country of interest. I interviewed Teresa Phillips, the Co-Founder and CEO of Spherex, at the recent OTT.X Summit in Los Angeles. She explained how the company is leveraging AI and its massive cultural profiling database to help companies prepare content for target markets. She also explained how, in the near future, AI would aid the company in measuring a movie or show’s cultural distance from a regional market and help it avoid falling into the failure zone between cultural fit and novelty interest.

Listen to the full interview here.

Read Now

Spherex Featured in the DPP's IBC 2024: Demand versus Supply Report

Spherex was featured in the DPP’s IBC 2024: Demand versus Supply Report, a comprehensive look at how the M&E industry is meeting key customer demands. The report focuses on the topics of empowering creators, understanding audiences, engaging users, and innovating the newsroom. It also highlights many of the technical innovations seen at the recent IBC Show.

An article by Spherex’s CEO Teresa Phillips titled "Navigating Cultural Resonance in Global Media: The Art and Science of Culture Mixing" was featured in the report, exploring how Spherex is pioneering the future of culturally informed content.

Teresa shares how cultural mixing has become a critical strategy for creating content that appeals to diverse audiences in today's global media landscape. This phenomenon involves blending elements from different cultures to craft films and television shows that resonate globally while adhering to local regulations.

However, the process of culture mixing is fraught with risks. Superficial or stereotypical representations can lead to accusations of cultural appropriation or insensitivity, alienating audiences and damaging a company's reputation. For example, imposing Western concepts on Eastern content without proper context can feel inauthentic and jarring to local viewers. These missteps highlight the need for a nuanced understanding of cultural elements to ensure that content is respectful and engaging.

To address these challenges, M&E companies are increasingly turning to data-driven solutions. Platforms like SpherexAI utilize artificial intelligence to analyze visual, audio, and textual elements, providing insights into how well content aligns with cultural and regulatory standards across over 200 countries and territories. This approach helps media companies understand the "cultural distance" between a title's origin and its target market, enabling them to make informed decisions about global distribution.

By leveraging these advanced tools, M&E companies can go beyond traditional content localization. They can create media that actively engages and resonates with diverse audiences. As the industry continues to evolve, those companies that embrace culturally informed, data-driven approaches will be better positioned to succeed, fostering cross-cultural understanding and trust while delivering globally appealing content.

Download the report here.

Read Now