CULTURAL AND CREATIVE INDUSTRIES

“We’re developing an industrial strategy for the UK and any good strategy of course has to build on its strengths. You couldn’t fail to have the creative industries as absolutely foundational to that ….. strategy.”

Rt. Hon. Greg Clark MP, Secretary of State for Business, Energy and Innovation, January 2017.

ART AND COMMERCE

have always been awkward bedfellows, but when you get the collaboration right, as in making a successful film, no other form of enterprise is more satisfying.

BUILDING A CREATIVE BUSINESS

demands clarity of objectives, the management of many and varied collaborations and the negotiation of complex trade-offs of risk and responsibility.

Welcome to West Bridge Consulting

West Bridge Consulting is a vehicle for consolidating
my research, advisory and not-for-profit work in business investment, public policy, arts, culture and the ‘creative industries’

Martin Smith

Services

My private client work focuses on the less glamorous end of the entertainment industry – on investment and public policy. My expertise lies primarily in the field of what most policy-makers call the cultural and creative industries, defined since 1998 as “those industries which have their origin in individual creativity, skill and talent and which have a potential for wealth and job creation through the generation and exploitation of intellectual property”.

My consultancy activity is project-based and bespoke, and is typically executed in collaboration with partners. Projects generally comprise elements of policy analysis, advocacy and communications and investor research. I carry out research, facilitate strategy discussions, draft reports and advise on finance and fund-raising.

Policy analysis

The ‘creative economy’ is governed by a complex framework of law and regulation which in the UK will be subject to significant change in the years following Brexit.

Advocacy and communications

The government and representative landscape has become significantly more complex in recent years, with old and new trade bodies driving much of the lobbying for public investment, regulatory and fiscal change.

Investor research

Covid 19 has dramatically changed the investment landscape for public and private investors alike – from live events, to streaming and other platform-mediated forms of cultural consumption.

Leadership

Martin Smith is the company’s owner and managing director. He was formerly a partner at the global corporate communications agency Brunswick LLP.

His most long-established commitment is to the Ingenious Group in the UK for whom he acts in an advisory capacity on cultural economy and communication matters. He also works with Ingenious founder Patrick McKenna on philanthropic and education projects.

Martin holds a PhD in history from Cambridge University and is a Visiting Fellow at the Institute for Creative and Cultural Entrepreneurship (ICCE) at Goldsmiths in the University of London.

He is chair of the board of trustees at the music venue St John’s Smith Square in Westminster and was formerly chair of the Young Vic Theatre Company. He was a founder member of the UK Creative Industries Council, chair of the advisory board of Creative Central Asia, 2017-20, and is a member of the Creative Industries Advisory Group (CIAG) at the Arts & Humanities Research Council (AHRC/UKRI).

Work

Martin is a regular speaker at conferences and seminars around the world.

Here are links to selected examples of Martin’s lectures, publications and presentations

The ‘Creative Industries’ Revisited

Martin Smith’s lecture reappraises the concept of the ‘creative industries’ two decades after its pivotal adoption by the UK government. Against the background of the episodic development of industrial strategy since 2017 and the conclusion of a dedicated ‘sector...

Ingenious submission on Industrial Strategy and the Creative Industries, April 2017

Building our Industrial Strategy; an overview of the policy background, including classification issues and a sector SWOT analysis

IMPACT 17, Krakow, 2017

The Future of the Creative Economy; an investor-focused presentation on the interactions between culture, media and commerce in the internet age

Creative Central Asia, Astana Forum 2018

A ‘sector deal’ for the creative industries; highlights the creative economy work of the British Council and provides an update on latest policy developments in the UK

British Council, Crossing Points; UK-Poland, 2018

Contains a guest essay on The Future of the Cultural and Creative Industries in Poland

About

West Bridge Consulting is an advisory firm which focuses on the arts, media and entertainment sectors. The company was founded by Martin Smith in 2003, is based in London but international in scope.

Prior to the pandemic, the global market for cultural goods and services was growing fast, continuing to expand even during the economic slump of 2008-09. This trend was driven by the rapid expansion of the middle classes in emerging economies and the impact of the internet-enabled digital shift on cultural consumption. This pattern of rapid growth is being severely disrupted by Covid19: however this disruption is highly uneven creating big winners and significant losers. The live performing arts are in turmoil and at serious risk of contraction in many countries, whilst the online consumption of movies, games and other media content is set to grow exponentially.

Against this background I aim to help clients to navigate their way through major policy challenges, a changing competitive landscape and emerging new business models.

Contact

Dr Martin Smith

Managing Director
West Bridge Consulting
c/o Ingenious
15 Golden Square
London
W1F 9JG

T. +44 (0)20 7319 4045
M. +44 (0)7977 272506

E. martin.smith@wbceurope.com