A New Future for Museums: Odysseum's New Business Model

Abstract

Odysseum is a company founded by museums lovers to ensure the future of museums.COVID-19 has made museums more vulnerable than before financially, and some countries have even allowed museums to sell artifacts to survive. Besides shutting down museums, we see this as low as it can get. We have created a new business model that is technology-based to let museums be what they were intended to be in the first place: independent, supported by contemporary artists, more attractive to the public, having all the treasures in between the museum walls. All of the above will happen even if none will buy an entry ticket to the museum (in fact, we believe that after working with us, museums will let people enter for free). We are just starting to help museums in Israel and have begun connecting with museums worldwide, and we know that we can change the future of museums into a brighter one.

Presenters

Ariel Cohen
VP, BizDev, Odysseum, Tel-Aviv, Israel

Details

Presentation Type

Innovation Showcase

Theme

2022 Special Focus—Rethinking the Museum

KEYWORDS

New, Business, Model, Independence, Future

Digital Media

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