week 2 Flashcards
digital media
anything that has info represented as binary info
binary info
ones and zeros grouped in bits and bytes
physical supply chain
supplier ➡️buyer➡️ warehousing➡️store
content supply chain
studio/producer➡️ distributor➡️aggregator/channel➡️ set top box, OTT, app
streaming media
no physical form to look at
internet service providers
often telecommunications companies that provide the downstream systems for content distribution
OTT
ability of companies to stream their content using an internet connection that is provided by a diff company
future in supply chains
creating efficiency with automation
seeing into future with data
becoming more on demand and agile with responsive ops
cost management fixed costs
network maintenance, security, equipment upgrades
cost management variable costs
content licensing, cost per mille=price per 1000