Times of austerity can foster great art, but have the past few years led to innovation in the business models that support it? A forthcoming event at Chelsea College of Arts, University of the Arts London will look at exactly that question by exploring business model innovation of independent arts venues and performing arts organisations. Read the full article…
One of the criticisms levelled against the Creative Industries is that productivity levels are too low. In response, companies need to become expert not only in creating intellectual property but also in developing multiple income streams using the same property.
If you develop ideas for multiple income streams and build them into your mid to long term forecasts then you’ll be starting to get into interesting territory from a VC’s point of view.
Are you interested in collaborating and co operating with other people?
Co-operatives UK has launched a guide for creative practitioners, including artists and makers, interested in setting up co-ops, including case studies and arguments about the benefits.
There’s a lot of talk about ‘freemium’ business models, particularly when it comes to internet businesses so we thought we’d do a piece looking at a few of the considerations that matter if you’re trying to work out whether freemium would work for you or not.
Leon Hill (Digital Dept, Universal Music Group) talks about how Universal Music is turning a threat into opportunity by developing income streams which make the most of digital and streaming revolutions in the music industry.