Future of the Entertainment Industry

     The entertainment Industry is forever flourishing and will always be needed to stimulate the minds of society.  Music, movies, television will always be apart of our culture.  Of course technology has changed the entertainment industry and will continue to keep changing the way the industry grows.  Distribution deals from underground artists will rise over the next decade.  More artists will be doing most of the work a normal manager would do.  Social media is allowing music and entertainment to stream across the net in ways that have never been possible. 

     We have come along way from the cassette tape to mp3 and mp4.  I believe my business is exactly what the entertainment industry needs.  A business that is accessible from just about any venue is portable, flexible, and available 24 hours online.  We treat all customers as clients.  We are highly invested in the success and happiness of our clients.  This is exactly what the future of the entertainment industry needs.   Trends such as blogging, on demand, fashion will all be continuously sought after and monitored.  Even items such as the home studio have taken on trends with new gadgets such as tablets to incorporate new ways to do music.  Issues such as intellectual property will be highly fluent throughout the future of the entertainment industry.  More precautions will be taken to protect music and our company will fit right in.  We will help the up and coming artist to fit right in comfortably and concentrate on their music while we do all the paperwork behind the scenes. 

     Location will become a factor, with major sitting stepping up to the plate to help expand and grow the future of the industry.  Social media will help media expand and reach different genres.  Music is shared every second of the day millions and millions of people sit on the Internet all day just downloading and listening to music and videos.  Many new brands will arise over the next decade that will set the pace for the industry. 

Financing in the Entertainent Industry

Financing in the Entertainment Industry

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      When obtaining financing most traditional businesses take the same route and try to obtain financing from a bank.  However since the economy has changed over the years and so have people and business alternative financing options have risen which make financing more readily available.  There are organizations and other creative ways to finance your business.  I even had someone explain that instead of going to school to get an MBA they took that money to start up their business.  Great idea, but too late for many people who have already attended college.  There are many resources available as far as funding goes. 

     One of the best websites I found for information on alternative financing is www.cfed.org.  Here you will find information on tax breaks, entrepreneurship, financial security opportunities, IDA programs, and even affordable housing.  Everything from funding for college students and handling household expenses can be found on this website.   They also provide a unique approach to helping families with household expenses and finances.  This is a great program.  If we can focus on good financial practices within individual homes this could expand to helping boost the economy. 

     Another useful website that helps many businesses with funding is NCIF.com.  They have part of their enterprise focused towards helping community banks.  Which is essential for many small businesses and mom and pop shops.  If your not looking for funding you can also find database tools, performance maps, and relevant links.  NCIF uses screening to ensure that social responsibility’s practiced during the entire lending process. 

     Lastly www.firstnations.org is a funding resource geared more towards minorities such as Native Americans.  The provide assistance with financial and investor education, combating predatory lending, native American business and asset development, strengthening native American non profits, and lastly native foods and health.  This website not only focuses on lending it focuses on overall business development for Native American business owners.  The main requirements include being of Native American decent.  First Nations is trying to build sustainability within their culture and build hope for their economy and communities in the future.