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Arts & Communication                                     Business models transformation in the creative industries



                                                               the narration of its artistic poetics, and the dissemination
                                                               of values in the territories where it operates. Li’s  study
                                                                                                       25
                                                               provides another important foundation for establishing
                 Social, cultural, and   environmental impact  Involvement of key   stakeholders and young   generations in projects   related to environmental,   social, and cultural issues.   Dissemination of topics   related to intergenerational   and interracial respect,   environmental   sustainability, ecosystem,   and arts-based knowledge   exchange.  a business strategy for the creative industries that
                                                               incorporates digital change. In the study, he proposes a
                                                               “holistic” BM that attempts to synthesize insights from
                                                               prior studies and empirical research, focusing on the
                                                               business value proposition—including product offering,
                                                               target market segment, and revenue model—to reflect
                                                               the entire vision and strategy. The value proposition is
                 Industrial   profits  Variable price   depending on   the customer   segment and the   product/service   offered.  Value-orientated   business with   low fixed costs.   Development   of national and   international   cultural projects.  underpinned by the value architecture, which encompasses
                                                               value capture, creation, distribution, and acquisition.
                                                               The functional architecture, which encompasses product
                                                               creation and commercialization, manufacturing and
                 Direct and indirect   trading rivalry  Identification of   competitors for   theater/television/  cinema/performing   arts in general/visual   arts/literature and   poetry; industries   with creative   content targeting   a mass audience.   Digital platforms for   streaming.  distribution infrastructure, and customer relationship
                                                               management, provides the necessary support for the value
                                                               architecture.

                                                                 When the two models are compared, the value
                                                               contributed by creativity in Lin’s  framework (Table 18)
                                                                                          28
                                                               in  Li’s   framework  (Table  19).  CCIs  add  value  by
                                                                    25
             Table 18. Aggregated business models of performing arts organizations—own elaboration from Lin 28
                                                               diversifying themselves from their major rivals, which are
                 Marketing   strategies  Marketing aimed   at the commercial   development   of relationships   with partners   and customers:   Theaters, principals   and financiers,   co-production   partners, theater   companies,   festivals, schools,   private companies,   institutions,   universities, and   end-users.  becomes the fundamental offer of the creative sector
                                                               digital  platforms and  sectors that provide customizable
                                                               content to a large audience. The main infrastructure
                                                               for the production and, above all, the distribution of
                 Communication   strategies  A dedicated   website for   each business   sector, external   communication,   streaming and   interactivity,   social media, and   newsletter.  PAOs  shows  is  the  extensive  network  of  relationships
                                                               with partners and stakeholders. The added value of the
                                                               production is constituted above all by the uniqueness of
                                                               the proposal, which is always customized according to
                                                               the target audience—consisting of schools, universities,
                 Commerce   development  Building   networks and   partnerships   with   stakeholders;   strong   relationships   with   institutional   bodies,   creative   industries,   private   companies,   and end users.  foundations, social venues (prisons, hospices, refectories),
                                                               private companies—and the goal to be achieved, as well.
                                                               The management of its relationships with its customers
                                                               and stakeholders is being expanded through the use of
                                                               digital technologies, which, through the implementation
                 Cultural value   commitment  Cultural   proposals are   characterized   by a dynamic,   original,   and exciting   approach, based   on reflection   and the active   involvement of   the audience in   unconventional   places (city   centers, green   areas, urban   contexts, and   museums).  of the website, social media, and streaming platforms,
                                                               strengthen and consolidate the link with the audience and
                                                               contribute to the greater dissemination and circulation of
                                                               information on shows, new productions, initiatives, and
                                                               events globally.

                                                                 What was once considered part of the social, cultural,
                 Requisite   knowledge   and skills  Human   resources,   digital and   technical   resources,   financial   resources, and   intellectual   resources.   High creativity,   transversal   thinking,   and specific   technical skills   in the field.  and environmental effects is now an endogenous aspect of
                                                               the CCI BM. This is because they employ the surrounding
                                                               reality, especially the environmental, social, and cultural

                                                               can create unique content and incorporate it into their value
                 Added   creativity   value  Production of   shows, digital   and interactive   performances,   training   courses for all   age groups,   organization   of cultural   events,   business   services, and   corporate   theater.  context, to create value through creative sensibility. CCIs
                                                               creation and distribution by analyzing and filtering stimuli
                                                               provided by the external surroundings. In this sense, they
                 Marketplace   conjecture  Schools,   universities   private   companies,   foundations,   public   institutions,   third-sector   associations   and entities,   theater   companies,   and suppliers.  inherently and organically embrace sustainability ideals
                                                               as part of their mission, as industries built on respect for
                                                               and improvement of the settings in which they exist and
                                                               virtuously feed.


            Volume 3 Issue 2 (2025)                         15                               doi: 10.36922/ac.2974
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