Broadcasters are more receptive than ever to buying their tech on an opex basis, but that doesn’t mean the capex model is anywhere near extinction, nor has a standard definition of software as a service settled in across the industry.
Broadcasters, Vendors Tout Cloud Progress At Devoncroft
While previous Devoncroft conferences took place at off-site hotels, the 2022 edition was co-located with the NAB Show and held on the Main Stage of the North Hall at the Las Vegas Convention Center. It drew hundreds of senior executives for an afternoon of panel discussions on everything from cloud migration and IP connectivity to virtual production and blockchain technology. Above, Devoncroft Principal Analyst Josh Stinehour (left) and Sinclair CEO Chris Ripley talking technology.
Broadcasters and their technology vendors are carefully moving from traditional capital expenditure models to software-based operational expenditure models. A Discovery executive says it’s about time as the industry moves toward its own distribution costs being based on volume.
Cloud Dominates Devoncroft Discourse
Public cloud technology has moved into the realm of widespread broadcaster acceptance, discussions at this week’s Devoncroft Partners’ Executive Summit confirmed, although there’s wariness that legacy vendors can make the transition along with them. Labor shortages and supply chain problems also surfaced as major concerns.
Investment Banker Perspective On Harris Sale
Josh Stinehour, from boutique investment bank Silverwood Partners, weighs in with his thoughts on last week’s announcement that the Harris Broadcast unit is for sale, including valuation, transaction type and potential buyers.