5 Reasons why DAM matters in the Entertainment Industry

Whether you’re a broadcaster, production company, or theatre, visual content is a vital part of any business in the entertainment industry - sometimes even serving as the main product. As such, it should be no surprise that most entertainment companies have an impressive tech stack to ensure that their media files are properly stored and managed.

And at the center of such ecosystems is where we’ll find Digital Asset Management (DAM). By implementing a DAM solution, organizations of all sizes can easily manage thousands of digital assets - including images, graphics, and other visuals - in a secure and effective manner. There are many reasons why a tool of this sort is essential to the entertainment business, and we’ve listed five of the most important ones below.

What is Digital Asset Management?

In short, Digital Asset Management (DAM) is a technical solution that enables users to store and manage various content. While traditional setups organize files through folders and filenames, a DAM provides you with the opportunity to organize and find your assets through metadata - making every file easily searchable, no matter its name or the amount of similar content stored in your system.

Through metadata, DAM solutions can also help entertainment companies automate tasks related to content management, like publishing or redacting content at pre-set times or marking assets with information based on rights and licenses. In the entertainment industry, a DAM often serves as the core of the content ecosystem, enabling transparency and efficiency for both marketing and publishing.

Reason #3. Fast approval processes and rights management

There are lots of considerations to be made when creating visual content. There are usually several people involved in the designing and approval processes, which often include external stakeholders, like partners, freelancers, or models. Without a proper system in place, the process of getting visuals approved by the right people can be very cumbersome and may even result in information and content getting lost along the way.

With a DAM, both internal and external processes can be streamlined, automating several steps along the way. One example of an organization that’s benefitted from this is the San Fransisco Ballet, which collects approval from its dancers at high speed through an automated workflow.

As mentioned previously, a DAM also offers advanced metadata capabilities that come in handy when managing usage rights, such as marking unapproved content, adding notes & information, and much more. Klambt Verlag, for example, has configured their DAM to automatically offer pricing information when selecting images for use.

Reason #4: Share files with the world

Content distribution is one of the main areas of entertainment and comes in many forms, ranging from digital archives and webpages to external sites and platforms. Making sure your content is available to the right people in the right places and in the right formats is a crucial part of what can make or break your business.

While a museum may want its collections to be available digitally, a movie producer might want to have the correct imagery available on a plethora of external platforms. Either way, making your content accessible to the right people is key.

This can be incredibly time-consuming if relying on traditional cloud storage and sharing solution, which will also increase the risk of files getting lost along the way. With a DAM, several of the distribution processes can be streamlined, either through integrations or by using the sharing capabilities within the DAM itself. LAT Images, for example, manage to distribute large batches of images to externals in 2-3 minutes through a custom integration with WhatsApp.

If you want to make collections of digital assets available to a designated group of people - or the entire public - at all times, a DAM also enables you to build and configure online archives for this purpose. While this is a useful feature for almost any industry, it’s especially beneficial in entertainment, where the need for content distribution is so pressing that sending visuals by email is too inefficient to meet deadlines.

Reason #5: Automate mundane tasks with customized workflows

When managing visuals, there are many mundane tasks that might seem small individually, but represent an enormous amount of your staff’s time when added up together. Whether it’s moving a file from a ‘working archive’ to an archive reserved for finished designs, or redacting & archiving expired content, each action often requires someone to perform it.

One of the main advantages of a DAM solution is its capabilities for automation, and with the right setup, entertainment companies can automate many mundane tasks through customizable workflows. The complexity of these might differ depending on your needs, but a common denominator is their ability to take time off of your staff’s hands, enabling more time to be spent on creative work and content production. 

Read more: How to work faster with metadata-driven workflows

Create an ecosystem for your content

With a proper DAM solution in place, entertainment companies can save time spent on repetitive tasks and file management, allocating more of their resources to production and creative work. Through metadata, they can ensure that no files get lost, and by integrating the DAM with other software, visuals can move seamlessly across different programs without the need for duplicates.

Read more: DAM integrations - Build your content ecosystem

At Fotoware, we aim for our DAM to become the core of your content ecosystem, offering highly customizable setups that fit your media management needs.