LOS ANGELES — A section of San Pedro was dubbed Historic Little Italy on Wednesday, June 27, by the Los Angeles City Council.
Councilman Joe Buscaino, who is of Italian descent and represents the San Pedro area, introduced the motion calling for the designation, which will include the installation of street signs at key intersections.
The motion says that the history of Italian immigrants in Los Angeles dates back to the 1800s, with high concentrations located initially in what is now the Arts District and Civic Center.
By the late 1800s, the motion says the Italian population had grown to around 2,000, with many of the immigrants settling around El Pueblo, and by the 1900s, the Italian community would expand into present-day Chinatown, Lincoln Heights, Elysian Park and San Pedro.
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A Discussion Primer
Recently, consulting firm PwC put out an interesting strategy report on the changing landscape for the entertainment business. PwC looked at the new dynamics of a world where content was still centric but packaging and distribution were going to define Entertainment 2.0.
In today’s environment, content must be developed not only with the ultimate goal of generating critical volume in its audience, so that corresponding advertising revenues can be generated, but more importantly, content must be fan centric. PwC defines fans as users bonded by shared ideas, interest and experiences. A fan centric business is strategical superior and more resilient to technological changes. In fact, it thrives on technological developments.
Netflix clearly bought into this model and after developing a new distribution system, plowed most of its resources into content which is specifically fan centric. Netflix is only the most glowing example but in reality, most apps that are being developed in the space currently are chasing that dream. The new model seems to focus on the synergies of content, technology and last but not least user experience.
Who is going to win this strategic conflict in the media and entertainment business is still up in the air. Risks and opportunities abound. For more clarity on how this business model is evolving, MEET ITALY and the Italian Cultural Institute of Los Angeles will promote a thematic discussion on March 22 at the IIC LA headquarter in Westwood.
The caliber of our panelists guarantees that the evening and the discussion will be forward looking and of great interest.
Please join us on March 22nd at the IIC LA headquarter in Westwood and should you have friends and contacts who might be interested in the evening topic and the MEET ITALY concept, please extend them our invitation.
RSVP is mandatory.
See you all on March 22!
The MEET ITALY Team