Rethinking business models and revenue streams
Alan B. Albarran
Chapter 4 in Rethinking Media Economics, 2025, pp 40-53 from Edward Elgar Publishing
Abstract:
This chapter delves into the evolving landscape of media business models, highlighting the shift from traditional advertising to diverse revenue streams such as subscriptions, direct consumer purchases, and hybrid models. It examines successful digital transformations by global media companies, emphasizing the importance of innovation and audience engagement. The chapter also addresses ethical considerations, including consumer privacy and corporate social responsibility. Future trends are explored, with a focus on the impact of emerging technologies like AI, blockchain, and immersive experiences on media consumption and business strategies. The discussion underscores the need for media companies to continually adapt and rethink their business models to stay competitive in a rapidly changing environment.
Keywords: Media business models; Digital transformation; Revenue streams; Innovation; Audience engagement; Ethical consideration (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035341955
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