Vislink Technologies Inc.

10/15/2024 | News release | Distributed by Public on 10/15/2024 13:20

Key Insights from NAB Show New York 2024: Trends Shaping the Future of Broadcasting

By Mickey Miller, CEO, Vislink

NAB Show New York 2024 provided a unique window into the trends shaping the future of media, broadcasting, and content creation. As one of the premier events in the industry, it highlighted the critical innovations that will drive the next wave of media transformation. From artificial intelligence (AI) to live production, streaming, and the ever-growing creator economy, the conversations and showcases at this year's show left a lasting impression about where our industry is headed.

Here are the key themes from this year's NAB Show New York and how they are shaping the broadcast and media landscape.

Artificial Intelligence & Machine Learning

AI and machine learning took center stage, showing their expanding influence across media workflows. From improving operational efficiencies to enhancing viewer engagement, AI is becoming indispensable. Several discussions explored how AI is being integrated into real-time sports broadcasting, media campaign planning, and even combating disinformation in an era of increasing concern over deepfakes and fake news. Standout sessions like "AI Takes the Field" highlighted the future of sports broadcasting, where AI is revolutionizing everything from camera work to real-time analytics. Additionally, talks on generative AI in cinematography and the role of AI in ad sales and media trafficking provided actionable insights into how automation can streamline operations while enhancing creative outcomes.

The Creator Economy

The Creator Economy remains a dominant force in today's media landscape, as independent creators continue to thrive. The projected economic value of this segment is expected to reach nearly $500 billion by 2027, reflecting its significance in redefining traditional media, marketing, and commerce. NAB Show New York showcased key discussions on how creators can monetize their platforms, enhance social engagement, and achieve independent success. Sessions such as "The Creator Era" and "Thriving Solo" explored how modern creators are transforming the digital space and engaging with audiences in meaningful ways. As creators gain more control over their platforms, the opportunities to connect directly with audiences and leverage multiple revenue streams continue to expand.

Live and Virtual Production

The evolution of live and virtual production was another central theme, with discussions focused on how advanced cinematic tools and virtual production techniques are enhancing audience engagement. The integration of live production with virtual elements allows broadcasters to craft more immersive experiences and push creative boundaries. As both broadcast and streaming platforms continue to explore these techniques, the ability to deliver high-quality, immersive content in real-time is reshaping the future of media.

Sports Media

Sports broadcasting continues to be an area of rapid innovation, especially with the growing complexities surrounding sports media rights and the increasing use of immersive production techniques. This year's NAB Show featured panels that explored how technology is enhancing fan experiences both in-stadium and through broadcast, while also addressing the shifting dynamics of sports media rights. Panelists discussed how broadcasters and sports organizations are adapting to new production methods and distribution strategies to bring fans closer to the action in real-time. An example being the NFL partnering with Verizon to bring 5G technology to stadiums, allowing broadcasters to stream multiple live camera angles and giving fans at the venue real-time access to enhanced content.

Streaming

Streaming remains one of the fastest-growing areas in media, with discussions focusing on cross-platform measurement, monetization strategies, and the role of AI in optimizing content delivery. The rise of AVOD (Ad-supported Video on Demand) and FAST (Free Ad-Supported Streaming TV) channels is revolutionizing how media companies can generate revenue from streaming content. The "Advanced Streaming and FAST Revenue Strategies for Local TV" session highlighted the growing importance of flexible monetization models and the strategic use of technology to deliver content that meets viewer demands across multiple platforms.

Meeting These Challenges Effectively

At Vislink, we support broadcasters in addressing the evolving demands of the media industry by providing tools that align with these key trends. From AI-driven production to cloud-based workflows and advanced live production solutions, our technologies help broadcasters and content owners create and distribute content effectively and reliably in an increasingly complex environment. We remain committed to offering solutions that enhance efficiency, boost audience engagement, and ensure reliable content delivery across diverse platforms.