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, immersive experiences like virtual concerts and 3D digital museums are becoming mainstream. 2. Personalized Content & AI Adoption Media companies are using Generative AI
Providers are moving beyond simple subscriptions to find new ways to offer value. 2024 Digital Media Trends introduction | Deloitte Insights
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According to Deloitte’s 2024 Media and Entertainment Industry Outlook , companies are slowing down the frantic pace of new releases to focus on high-quality, "stickier" content.
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Diversity and inclusion will become more critical, with entertainment and media companies prioritizing diverse and inclusive content. Social media will continue to play a critical role in entertainment and media, with more companies using social media to promote their content and engage with their audiences.
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Platforms shifted focus from massive libraries to curated, high-impact prestige dramas and event television.
Rather than replacing human artists, generative AI was heavily utilized to streamline tedious workflows. Visual effects artists used AI to render complex environments in fraction of the time, allowing more budget to be allocated to practical effects and talent.
Entertainment is becoming platform-agnostic, with experiences shared seamlessly between consoles, PC, and mobile, enabling high-quality, multiplayer experiences. 4. Reimagining Local and Niche Media