Entertainment Transcription Market: Transcription is the process of converting a llifeor recorded speech into a written or electronic text document. Documentaries, movies, TV episodes, and other forms of entertainment transcription are all included. As a result, entertainment transcription entails the transcribing of any content relevant to the media and entertainment business. Transcription of entertainment has become significantly easier in recent years. First, the audio or video file is uploaded to the transcription service provider’s secure server.
The transcriptionist can listen to or watch the audio or video again and again. Furthermore, if the sound clarity is inadequate, it can be equalized, filtered, or even the pace altered. As a result, transcription can be completed in a matter of hours, and the transcribed document can be accessed immediately.
Uniformity sheets are sometimes used by transcriptionists in the case of TV episodic transcriptions to maintain consistency throughout the transcribe. A project may even be localized to appeal to a market that does not understand English. So, after a project has gone through the transcribing process, it is forwarded to localization, where it will be reviewed by a QA expert and an entertainment transcription expert. This process happens at the same time to keep the project’s turnaround time under control.
Global Entertainment Transcription Market: Dynamics
The entertainment transcription aids in a more accurate and better understanding of the actual content, as well as avoiding confusion or misinterpretation. As a result, it is one of the primary factors driving the entertainment transcription market’s acceptance.
Another element driving the expansion of the entertainment transcription market is the ability to transcode audio and video from CDs, DVDs, audio and video cassettes, and digital data in a variety of file formats. Production businesses are growing their demand for entertainment transcription, which they use for pre-production, post-production, subtitling, and editing. This is another factor fueling the expansion of the entertainment transcription market.
Global Entertainment Transcription Market: Competition Landscape
In August 2017, Outsource2india’s parent company Flatworld Solutions Inc., a back-office services provider, signed a strategic partnership with Quadratyx, a data science and artificial intelligence company. Through this partnership, they will be able to provide intelligent solutions in fraud detection for banks, crime prevention for cities, and bringing efficiency to the Insurance industry.
Examples of some of the market participants in the global entertainment transcription market identified across the value chain include Synergy Transcription Services, Capital Typing, TranscribeMe Inc., TranscriptionStar, Pioneer Support Services, Inc., Outsource2india, Hourtrans.com, and g11n Inc.