Question

In: Economics

Please answer with a 340 paragraph! Do you think that MTV’s future lies mostly in its...

Please answer with a 340 paragraph!

Do you think that MTV’s future lies mostly in its international operations? Explain your reasoning

Solutions

Expert Solution

MTV's future exists only in international as well as in-house operations due to its sensitivity to local content and preference to target audiences with sufficient capital and cooperation from producers and other content producers. .

Political challenges such as government intervention and excessive taxation as well as economic privacy issues such as low consumer spending affect mkst for its particular content. The competition comes mostly from stakeholders like Netflix, Amazon Prime and YouTube and other players, OTTs, which are distributed on mobile and not on TV.

MTv internationalizes and eradicates cultural differences by targeting effective market research programs to identify customer preferences and choices, key weaknesses, and recruiting local talent for each country, rather than developing talent the universe.

However, the content is globalized and localized to bring out the best in the world and offer unique offerings for first-class and core customers.


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