COVID-19: Accelerating industry disruption

2020 has been the year of unprecedented change with the entire world forced to shut down and the COVID-19 pandemic shaking up business models, technology adoption and ways of interacting in all industries. The video distribution world that we inhabit, has seen new programming formats emerge alongside remote working and virtual workflows coming on-stream sooner than organisations were planning – not to mention the uptake of direct-to-consumer (D2C) models, particularly for movies.

While many industries were frozen by COVID-19, the April IABM Coronavirus Impact Report highlighted that this wasn’t the case for the media and entertainment industries, which saw a 60% spike in streaming and a 67% increase in the audience watching news.

The report suggested that the crisis would continue to spur on creative innovation. Sports broadcasters for example, have leveraged archives to create new content for fan engagement and experimentation with formats that don’t rely on live production. We believe that it’s likely that post-COVID many of these developments will become normalised across the industry.

Amino Technologies (LON:AMO) is a trusted partner and global provider of innovative, scalable media and entertainment technology solutions. As an IPTV pioneer, working with over 250 operator customers in 100-plus countries, Amino continuously innovates to help customers deliver modern video experiences.

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