Collaboration key to business success in media and entertainment industry | Media Analysis | Business
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A survey conducted by broadcast, production and media technology tradeshow, Broadcast Video Expo (BVE) has unveiled the importance professionals are placing on collaboration as a driver for business success and creativity.

BVE 4Feb2019BVE surveyed 562 individuals from a cross-section of its database of media and entertainment industry professionals and found that 88% of media and entertainment industry professionals identified collaboration as critical for skills and knowledge, while 83% believe it helps drive a new wave of innovation, and 77% growth. Furthermore, 87% claimed collaboration has a positive impact on creativity and 81% championed its link to business success.

Nearly three-fifths of the industry believe collaboration is more important today than it was a decade ago. This was particularly prevalent with those in heads of department positions (68%).

“The creative industry contributed close to £92 billion to the UK’s economy in 2016, growing at twice the rate of the UK economy and it needs to stay alive. In an age of digital disruption and growing political uncertainty, it’s never been more important for the industry to unite,” remarked BVE event director Terry Washington.

“By coming together to collaborate, share ideas and find solutions to the everyday challenges we face as an industry – across all touchpoints and workflows – we can better future-proof, protect and drive forward Britain’s unique TV and film ecology which contributes so much to our economy and culture.”