The creative standstill between viewers and streamers has come to a head. As streaming slowly inches its way to overtaking the conventional ways of watching television, the divide between what viewers want and what is being produced grows. Audiences have made it clear that they prefer the formats of the past overcurrent releases, but streaming companies are refusing to make changes to their current format, especially regarding the sitcom.
With little success in larger-scale government oversight so far, it begs the question: how is the marketplace for DAFs changing and innovating in the response to these singularizing criticisms? Is the market listening and self-correcting as a way to preempt such legislation? Given the broad variety of DAF sponsor organizations, it is evident that the field, while large, is not a monolith and deserves to be measured at its innovative margins. Newer sponsors have revealed themselves to be particularly aware of the controversies yet remain focused on the opportunities these accounts provide and are demonstrating new approaches to DAF sponsorship aimed at greater payout rates and democratization of their platforms.
While institutional philanthropy is in a boom-time, foundations have not monopolized such growth. The renewed interest in donor advised funds (DAF) since the pandemic has triggered meteoric growth in the amount of assets stored in DAFs, with recent figures showing over $229 billion stored across 2 million DAF accounts, receiving roughly $86 billion in annual contributions, and granting nearly $52 billion in 2022.
The use of generative AI (GenAI) tools is becoming increasingly prevalent in marketing, particularly for smaller organizations or nonprofits seeking innovative ways to engage audiences and improve workflow efficiency. This article dives into data collected through a survey that was sent out to museum professionals in Pittsburgh and Cleveland to better understand how and if they are utilizing generative AI tools in their marketing strategies.
This month, music and film are at the forefront as each battles with the future uses for burgeoning tech. While AI-generated film visuals seem to be coming up short, progress toward realistic AI-generated music is starting to send shockwaves. On the consumer side, music streaming tools are being released to allow more listening experience customization. Across the industry, artists are celebrating ways that some these new tools can enhance their work, while speaking out against potential impacts on jobs, compensation, and creative freedom.
As 2023 comes to a close, Artificial Intelligence remains front of mind as tech giants continue to develop more powerful language models. The rapid development comes with growing concern for privacy and energy consumption. Meanwhile, arts organizations use technology to stay on top of trends - bringing popular culture into museums or adjusting to changing voice in social media. And, as the year comes to a close, the Arts Management and Technology Laboratory is taking a break for the next couple of weeks. Check back January 1 for new content, follow us on socials, or rewind to some of your favorite 2023 articles and podcasts.
This report considers content and distribution strategies that allow Paramount Global Content Distribution (PGCD) to maximize subscriber growth and external licensing revenue. Given the symbiotic nature of licensing deals among studios, the research team focused on how PGCD can remain competitive in the streaming landscape with a balanced mixture of internally and externally licensed properties.
The merging of artificial intelligence (AI), big data, and human cognitive systems has catalyzed a profound digital transformation of our lifestyles and production methods. This shift is particularly noticeable in the art field, where the integration of AI has sparked innovative ideas and prompted new assessments of traditional practices. Art museums are investigating the potential of AI in collection management, improving visitor experiences, and ticketing attendance data. Of these, the field of art curation is one that is undergoing an evolution.
Exciting to many, distressing to some – digital media continues to hold the largest share of arts participation, and platforms are finding new ways to engage with online audiences. As new trends emerge, creators across disciplines are advocating and winning fair compensation and increased protection of their work. From SAG-AFTRA to regional theatre, contracts with creators are offering greater rewards for digital content and protections for current and future AI.
The field of art conservation has long been a community of highly specialized and skilled professionals, often whom have dedicated hundreds of hours to understanding meticulous processes and materials. They are entrusted by institutions and the public to preserve and protect pieces of culture and history- works which often occupy fragile and delicate states for the remainder of their existence. Many of these pieces have lived long periods of time, having witnessed conflict, cultural changes, and geopolitical events over the course of history.
For this analysis, author Ashley Offman has analyzed Playbill's Top 10 List from the most recent Broadway season. To fully understand the opportunities available for those who are trying to enter the industry, Ashley analyzed the costs of the current (as of November 2023) top 10 most represented schools on Broadway, the competition surrounding the process, and the possible consequences of the Supreme Court’s ruling to end affirmative action.
