Remote-Production Executives Discuss Highs and Lows of the Business Following a Turbulent 2023
Panelists at 2023 SVG Summit dished on interest rates, truck inventory, the future of the industry
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Change is constant in the world of remote production. Never has that fact been more evident as the industry steams into 2024.
There are more ways than ever to produce an event, thanks to cloud services, fiber connectivity, and IP, but there is still plenty of demand for trucks to be onsite. What is the current state of the business of the remote-production industry? Top executives from the remote-production community tackled the key topics facing the business during a panel discussion at last week’s SVG Summit.
The panelists:
- Mary Ellen Carlyle, Dome Productions, SVP/GM
- Robert Carzoli, Program Productions, Chairman
- Nick Garvin, Mobile TV Group, COO
- Pat Sullivan, Game Creek Video, President
- Mike Werteen, NEP Broadcast Services, Global President
To kick off the conversation, each executive offered personal perspectives on how their company responded to and was shaped by business changes occurring in the industry this past year:
A rapid hike in interest rates is a key economic trend that every American has felt. The remote-production industry has been no different because there is still demand for more trucks, even in an era when REMI is on the rise:
One of the most notable changes in the ways remote-production companies operate is the increase in service-level agreements (SLAs) with technology-vendor partners. How have SLAs altered the business of investing in a line of gear, and is the effect on the overall truck a positive one?
This conversation was hosted at the SVG Summit in New York City on Dec. 12. The moderator was SVG Co-Executive Director, Editorial, Ken Kerschbaumer.
Watch the full panel discussion now on SVG PLAY: