The Media Weekly: Truth remains singular, but reality is increasingly mixed – FIPP

A combined media bag this week, as we examine the irrepressible march of mixed reality offerings. It’s a fascinating trend, particularly within the context of a post-pandemic world in which people are keen to return to real-life settings, yet taking their digital-selves with them. And ultimately… if you follow that logic through to its natural conclusion… then I should be able to take the dog into work with me basically  🐶

The particular future’s made of VirtuELLE Reality

Last week, FIPP attended the launch of HearstX, a brand new division from Hearst UK that will focus on experiential media such as VR, AR, and mixed experience spaces. From new ‘controversy free’ virtual influencers, to a fully playable Cosmopolitan world, plus an on-site photobooth used to create instant digital avatars of the guests within attendance upon the day, this was a captivating event that showcased an unrivalled mix of multi-world experiences in a single location.

Particularly impressive was the VirtuELLE Reality room… an experience that will began with the scanning of the QR code tucked inside the latest print version of the particular magazine, and ended in an all-out immersive behind-the-scenes fashion shoot experience –  the play on words wasn’t bad either .

Secret Netflix experiences

From one ELLE in order to another (YESSSSSSSS! ) plus TodayTix has acquired UK company, Secret Cinema. For those who aren’t familiar, the latter screens popular TV & film content, within real-world – almost Disneyesque – settings.

At the weekend, The Guardian’s Mark Sweeney spoke to TodayTix co-Founder, Merritt Baer, who is looking to Netflix for inspiration : “In the early days, they were looking to learn from just renting out other people’s movies. Now look at their own content business. ”

Image courtesy of: Shutterstock. com/Sean Locke Photography

More than 100, 000 individuals are believed to have attended Secret Cinema’s real-life recreations of the Stranger Things universe, and post-pandemic, it’s another example of investor’s betting BIG upon mixed fact experiences.

More broadly, it’s not surprising that emerging superstars are still searching to the particular Netflix spotlight as a shining example of success in the entertainment sector, because rumours of its death have been greatly exaggerated. In another article, Sweney also reports that will the company racked up £1. 4bn in revenue last year from UNITED KINGDOM subscribers alone –  not bad for a platform that people are supposedly switching off!

McKinsey on media tech

All of these trends are interesting, not really least because they are usually clearly no longer the theory of tomorrow, but the particular practice associated with today… plus McKinsey’s 2022 Technology Trends Outlook examines some of these technologies in more detail, looking at the evolution of applied AI, immersive actuality, and Web3.  

Within total, the particular report found that the media and entertainment sectors at large display a high association with 7 out of 14 key technology trends, across what it defines as both the ‘Silicon Age’ plus ‘Engineering Tomorrow’.  

And with regard to those upon the regarding side from the NFT debate, the report also provides good news: ‘Creation and ownership associated with digital press (for instance, artworks, video content) – sold as NFTs – allow new business models and creative possibilities while providing artists with more control plus, in some cases, ongoing perpetual royalties, ’  it says.  

Barnes & Noble on newsstands, products, and why magazines are the perfect addition to the particular bookstore

Our enduring… I’m gonna say lust… for physical world experiences, was underlined for us by Barnes & Noble last week. In an exclusive interview for FIPP , coming off the back of the DistriPress Congress inside Portugal final month, the particular company’s Director for Merchandise – Newsstand and Media departments, Krifka Steffey, says that within days gone by, we were perhaps all a little too quick to dismiss the value of the tangible:  

“The history of Vinyl is probably my favourite sort of people thinking they know what customers will want plus getting this wrong. Vinyl is the format that they tried to kill. In anticipation associated with mass acceptance of the particular CD and digital listening, they shut down plus closed up the presses. But demand for the record was still there and now vinyl offers picked up an additional, younger audience that is fanatical about the romance of the physical record. ” 

“Now because buyers, we can’t get the amounts we need to satisfy demand. It’s furthermore important in order to point out that will magazines have really evolved into a true sensory experience, and half of the battle is proving to people that a magazine will be more than a tabloid. ”

FIPP Insider Berlin is NEXT WEEK!

And if you like YOUR mass media experiences… Mixed! Then appear no further than next week’s FIPP Insider Berlin event, which takes place on the afternoon of Thursday 20 th   October, directly after the brand new Media Makers Meet (Mx3) conference at the same venue in Fabrik 23. There’s still time to claim your FREE ticket, and don’t forget that FIPP Insider events are also OPEN TO ALL, providing the perfect introduction to the particular majesty that is global media convenings!  

In the meantime, we’ve got an exclusive interview along with PressReader’s Hugo Merino Montero, who will be speaking at the occasion, on digital editions, consumer trends, and post-pandemic priorities. “Magazines with niche or specialist audiences are doing very well at present, ” he tells us, in a short interview that will you can ‘consume’   within either movie or text format here .