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#Post#: 66--------------------------------------------------
That budgets have to be cut
By: Abdur Rouf Date: September 10, 2023, 3:10 am
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The digital development is helping to change user behaviour and
business models and established industries are being challenged
in the way they have long conducted successful business. Why
book a hotel if you can stay locally cheaply and personally with
Airbnb Why drive a taxi if you can drive Uber cheaper and with
better service Why spend your evening watching television
programs that others have chosen when you can watch what you
want on Netflix With the many new digital platforms thousands of
new content producers and countless distribution options the
traditional part of the media industry is under pressure.
Users dont want to pay for content the competition is
overwhelming and international players trump the local ones. You
might think that is good oldfashioned slavery. You can
stubbornly insist that you are Phone Number List
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entitled to the same position and
earnings as you have had in the past that attitude delayed the
music industrys ability to adapt to a new digital reality by
several years. Or you can recognize that the development has
changed the foundation and from there reinvent your business so
that it fits the new conditions.
[img]
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But technological development has consequences. It means a lot
of new opportunities but it also means that something for some
is not as goodeasylucrative as it once was. This may mean that
organizations have to be rethoughtand that being a company
organization or employee takes on a new meaning. Maybe other
tasks maybe other partners maybe new internal structures maybe
smaller budgets relocation of budgets different employment
conditions fewer or different fringe benefits.
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