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Sangil Park 1 New Business Model for the Future of Broadcasting 2014. 11. 7. 서울과학기술대학교 전자IT미디어 공학과 박상일

New business model for the future of broadcasting

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2014 Korean Society of Broadcast Engineers Autumn Conference,Speaker, Sang-il Park

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Page 1: New business model for the future of broadcasting

Sangil Park 1

New Business Model for the Future of Broadcasting

2014. 11. 7.

서울과학기술대학교

전자IT미디어공학과

박상일

Page 2: New business model for the future of broadcasting

Sangil Park 2

FROM CONVERGENCETO DIVERGENCE

How are the businesses making their turning point

in a multi-platform environment ?

Page 3: New business model for the future of broadcasting

Sangil Park 3

Traditional Business Prospect for IT industryConverging IT devices can get you a real money?

Page 4: New business model for the future of broadcasting

Sangil Park 4

SmartTVDo we really need to watch pay TV channel with SmartTV?

Page 5: New business model for the future of broadcasting

Sangil Park 5

NETFLIXVS HULUWhy netflix and hulu are consumed in many ways?

Page 6: New business model for the future of broadcasting

Sangil Park 6

HULU+

How hulu provides tons of videos for free?

Page 7: New business model for the future of broadcasting

Sangil Park 7

NEW SERVICE MODELNETFLIX:Drone to home

Page 8: New business model for the future of broadcasting

Sangil Park 8

WhyAmazon provides these contents at low price ?

AMAZON = On line book-store ?

Page 9: New business model for the future of broadcasting

Sangil Park 9

The Product Business Model is Broken

Page 10: New business model for the future of broadcasting

Sangil Park 10

TRADITIONAL BUSINESS VALUE CHAINValue added flows in one way and it means the price goes up.

Supply Manufacture Assemble Retail

+Value

added

+Value

added

+Value

added

Page 11: New business model for the future of broadcasting

Sangil Park 11

BUSINESS VALUE CHAIN in TRANSITION- If we reduce business stages in the Platform environment

we can reduce costs.

Supply Manufacture Assemble Retail

In Transition

Page 12: New business model for the future of broadcasting

Sangil Park 12

BUSINESS VALUE CHAIN in TRANSITION- If we reduce business stages in the Platform environment

we can reduce costs.

Supply Manufacture Assemble Retail

In Transition

Page 13: New business model for the future of broadcasting

Sangil Park 13

VALUE CHAIN in a Multi-PLATFORM ERA- In the Platform, a growing business can be good to

everyone through two sided market

Supply(or Retail)

Retail

(or Supply)

PLATFORMSupply

(or Retail)Retail

(or Supply)

... ...

Page 14: New business model for the future of broadcasting

Sangil Park 14

BUSINESS MARKET CHANGE

Page 15: New business model for the future of broadcasting

Sangil Park 15

What did we learn from Alibaba ?

Page 16: New business model for the future of broadcasting

Sangil Park 16

iTunes: get music onto iPod

SAP: execute ERP systems

Facebook: connect related people

Smart grid: capture power source and route

Nike Fuel: enhance your exercise experiences

TO BE A PLATFORM BUSINESSThe business system must provide :

Service on Demand, 3rd party access and governance

Page 17: New business model for the future of broadcasting

Sangil Park 17

Platforms have opennessBut should not easy others to follow

Page 18: New business model for the future of broadcasting

Sangil Park 18

Platforms have diversity.Functional similarity makes a variety of platforms

Can Barbie Doll be a platform?

Page 19: New business model for the future of broadcasting

Sangil Park 19

Can Barbie Doll be a platform?

- The Oxford Handbook of Innovation Management

by Annabel Gawer , Michael Cusumano

Page 20: New business model for the future of broadcasting

Sangil Park 20

BUSINESS VALUE CHAIN in Coffee

Anything can be a Platform

Roasting COFFEE Customer

Green-been Purchase

Coffee Farm

www.RoastingBarn.com

Packaging

Page 21: New business model for the future of broadcasting

Sangil Park 21

NEW SERVICE MODELS- Uber taxi

Page 22: New business model for the future of broadcasting

Sangil Park 22

AirBnB

Page 23: New business model for the future of broadcasting

Sangil Park 23

NEW SERVICE MODELSOculus Rift

Page 24: New business model for the future of broadcasting

Sangil Park 24

NEW SERVICE MODELS- SOCAR Car sharing

Page 25: New business model for the future of broadcasting

Sangil Park 25

ALL THINGS DIVERGEDwhile platforms have tied together

Page 26: New business model for the future of broadcasting

Sangil Park 26

FREE(will be)

(or soon)

Question to us:

Content is the KING, is it ?

Internet (Network)

Devices

Time

Contents

Page 27: New business model for the future of broadcasting

Sangil Park 27

DIVERGENCE ERAIf we provide our contents FREE,then, how can we get real money ?

?

Page 28: New business model for the future of broadcasting

Sangil Park 28

Thank you

This Slide is Free,

as well as

Everything will be FREE.

Download @: http://slidesha.re/1xeywYh