It this essay I will discuss both sides of

It
is clear that in these modern times, film and TV industry has experienced a
huge transformation. The global media landscape was completely reshaped, since
the rapid increase of cable and satellite television and online networks,
empowered by progressively developed digital technologies and the rising access
of inexpensive communication satellites. Moreover, digital globalization has
assured that media content is delivered instantly and broadly available in a
homogeneous format – in the form of sound, text, motionless and moving pictures
and databases. The
globalization of the economy has had a major impact on all cultures. According
to UNCTAD (2008), global film market, is estimated to be worth $60 billion
annually and is dominated by American film products. The importance to understand that industry has changed during
the years may seem obvious, though it’s not easy to adapt and create a new potential
strategy, which will take a young filmmaker into the field. That is to say,
nowadays many young and talented filmmakers, who have a great desire to enter
and prosper in the film industry, often forget about common hurdles waiting for
them. They often share a few common qualities – insecurity and fear of
rejection. Unfortunately, it’s not an option for those who wish to work in the
industry. Abilities, which will lead to progression, lay at the opposite side –
learning, understanding and knowing how. So, it is essential to perceive the
nature of change in the film and TV industry, as it might help to determine
which strategies could succeed. The convergence of digitalization and globalization
signifies that some alterations in strategies must be reassessed, keeping in
mind that we are the very early phases of this phenomenon, increased
opportunities are yet at stake. The new era of globalization also creates challenges.
By making In this essay I will discuss both sides of the arguments. Filmmakers
can enter markets,