Imaging & Digital Entertainment Association announces cessation of operations as of June 2022

The Imaging & Digital Entertainment Association (IDEA) has announced today that it will cease operations in June 2022 following more than 40 years as the peak industry body.

IDEA President, James Murray, said the decision was made at the recent AGM and General Meeting and explained “we came to the conclusion that despite the value the association has brought to the industry, IDEA would not be financially viable beyond Project 2020 without a new income stream of major events, such as exhibitions.”

Project 2020 is a two-stage initiative whereby IDEA sponsors a member’s activity. Member companies were invited to submit a promotional or advertising concept that IDEA would contribute sponsorship funding towards.

Aligning with IDEA’s strategy and purpose, the goal is not only to amplify and extend community awareness of photography, videography and their related products and services, but to also inspire consumers to recognise the unique features on cameras that are not available on mobile phones. One hundred percent of allocated industry funds are being used for the initiative to engage and promote imaging.

Five member companies responded to Project 2020 but due to COVID-19 have all had to postpone activity until 2021, with all projects to be concluded and sponsorships claimed by 31st March 2022.

Murray said IDEA’s income stream has previously come from member fees and The Digital Show but as the industry has transitioned the association’s membership base has experienced reduced numbers.

Murray advised “leading up to the current ‘preservation of funds’ operating mode, IDEA invested heavily to bring new value to the industry, aside from The Digital Show. The launch of D Hub brought together industry marketing minds, while the VIVID partnership to launch the Digital Playground also proved to be a great success.

“However, it became clear that while there was a strong desire for an industry association, the engagement in cooperative activity between brands was diminishing.”

In 2013, IDEA moved to a biennial Digital Show. While the 2015 event was very successful with record numbers of consumers attending, the costs proved to be unsustainable for IDEA and the industry. The 2017 show was postponed, and by 2019 it was evident the show was no longer viable.

At the 2019 AGM, it was noted that should IDEA be in a position where the preserved funds are exhausted, the association would be wound up. It was decided at the 2020 General Meeting that regardless of funds remaining, IDEA will close by 30th June 2022.

In keeping with IDEA’s constitution, any remaining funds after disbursements will be transferred to a charitable organisation decided by the directors.

Murray commented that the decision to wind down the association was carefully considered stating “IDEA has a long and proud history that has focussed on representing our great industry – and there have been a few name changes along the way as well.

“The Photographic Industry Council (PIC) was born in 1977 before later changing its name to the Photographic Industry Marketing Association (PIMA). The Photographic & Imaging Council of Australia Ltd (PICA) launched in 1995 and as the industry shifted into a new age, the Imaging & Digital Entertainment Association (IDEA) evolved from 2011.

“While 2022 will be the end of an era for IDEA, I would like to acknowledge and thank those members who have not only supported the association’s vision over the past four decades, but also the many exceptional industry events that aimed to promote and help drive our category.”

Image courtesy of The Imaging & Digital Entertainment Association (IDEA)