Abstract
This case study outlines the trajectory of Shanghai Media Group Live (SMG Live) in successfully bringing the immersive theater experience Sleep No More to Shanghai. Since its introduction in 2016, Sleep No More in Shanghai has enjoyed robust market success and garnered industry acclaim. Its disruptive art form also contributed to the proliferation of the immersive entertainment concept, at the meantime promoting the associated sectors within the Chinese cultural and entertainment landscape.
Looking forward, Ma Chencheng, the President of SMG Live and the producer of Sleep No More in Shanghai, confronts several pivotal challenges. First is introducing sophisticated content to new markets; Ma must judiciously decide which regional market to target next for the expansion outside of Shanghai, weighing options between cities like Beijing, Shenzhen, or Changsha. Additionally, there is a pressing need to refine the company’s business models of cultural content. This involves leveraging SMG Live’s prowess in culture and creativity to venture successfully into diverse sectors.
Translated title of the contribution | Sleep No More in Shanghai: Disrupting Performing Arts Market |
---|---|
Original language | Chinese (Simplified) |
Number of pages | 17 |
Publication status | Published - 30 Apr 2024 |
Case number
STR-24-004Case normative number
STR-24-004-CCCase type
Field CaseUpdate date
24/04/2024Supplement
For more details, please visit www.chinacases.orgPublished by
China Europe International Business SchoolKeywords
- immersive
- Strategic Management
- strategy management
- value creation
- Diamond Model
- business model
- Business Models
- strategic alliance
Case studies discipline
- Strategy
Case studies industry
- Real Estate and Rental and Leasing
- Arts, Entertainment, Sports and Recreation