Women in Home Entertainment Confronting Change31 Aug, 2015 By: Stephanie Prange
This week, we present our eighth annual Women in Home Entertainment section, in which we recognize female leaders in the industry. The list includes executives from the major studios and other content owners, as well as digital and disc retailers. This year, we also put together some commentary from the women in the section, allowing them to offer insight into the challenges and opportunities they face as the business moves into the digital realm.
The top major studio female executives also offer insight into their entertainment preferences and career knowledge. They give pieces of advice they received and would offer to others. DreamWorks Animation’s Kelley Avery said “just have fun with it,” which is sage advice in a very serious world. Fox’s Mary Daily stressed honesty and curiosity. And Sony’s Lexine Wong said it’s “OK to fail” but to not repeat the mistake and to perform at a level above.
Our industry faced several shocks in the past month, including what seemed a seismic shift in media power after Disney noted ESPN’s loss in subscribers. Industry pundits began to wonder if over-the-top services would break up the cable bundle in such a way that it resulted in the big media companies losing out. CNBC’s Jim Cramer called Netflix a “media killer.” The Dish CEO said Netflix was “the world’s largest content aggregator,” in a nod to the Wall Street darling’s growing power. Several stock market gyrations later, that narrative had lost a little steam, but the digital OTT business had caught everyone’s attention.
The Women in Home Entertainment are on the front lines of these changes in home entertainment distribution, and we salute their work in navigating new business models.
Persevering, they see both opportunities and challenges in the enormous changes in our industry.