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19 October 2010

New research pinpoints the potential impact of technology on culture

Hook

"Arts & Business believes that cultural organisations have four valuable assets in the digital age that are increasingly appealing to business:

• Loyal, passionate and digitally vocal audiences
• Original exciting content
• Exceptional venues (for augmented reality marketing)
• A thirst to experiment, pioneer and champion the new

With the funding landscape set to change for the arts then we believe that ‘necessity could be the mother of invention’ in encouraging arts organisations to think radically about the assets that they have and the appeal that they hold for new kinds of commercial collaborations.
There are exciting opportunities ahead for collaborations. Together arts and businesses can innovate, experiment, develop new experiences and products, new income streams and extend audience and consumer reach."
Natalie Melton, Commercial Director, Arts & Business

"This research is the start of helping people understand this partnership opportunity, it challenges the traditional view of partnering, it offers a solution and an approach that most commercial organisations could learn from - if you are in anyway worried about how to approach your brand and your customers in the digital world, then you should start by reading this."
Philippa Snare, Marketing Director, Microsoft  
 

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New growth for business investment in culture found in the evolution of digital partnerships

Evolution of Partnerships, download the report on digital collaborations between business and the arts

Light research workshop at Watershed made by participants. © Tine Bech 2010

On the eve of the Chancellor’s CSR announcement and anticipated budget cuts to the cultural sector, a new research report by Arts & Business has identified how the arts can own a special value in a digital world – one that can drive business investment and engagement.

The report identifies that convergence between creative technology, the arts and brands is opening up huge opportunities in the UK’s digital cultural landscape and recommends that these sectors must join forces to attract additional new investment.

The Report recommends that the impact of digital collaborations on future arts and business partnerships could be a significant area of growth. The pioneering research by Arts & Business offers ideas on these types of partnerships and ‘a how to guide’ on how to develop them; exploring the nature of these innovative partnerships, the benefits, the pitfalls and real life success stories from across the UK.

The report concludes that the level of transparency that the digital world has opened up has stretched the communications industry and created a fantastic opportunity for the arts industry to help businesses connect and innovate in a much more impactful way.

 

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