Digital Content is a new Phenomenon in the Contemporary Net world. It includes a number of activities in the form of text files, editing, imaging, animations, graphics, documents, and audio-video recordings as well as safe custodian for users. The files or documents can easily be managed and transformed with the help of Digital Content quickly. This paper will try to cover a wide and variety of elements in the manner of background, introduction and discussion of the main theme of digital content management as well as the elements related with digital transformation. Besides, the definitions and role of libraries in digital content management system will also be discussed. In our contemporary day to day livelihood, A lot of people read a lot of digital material every day by reading news stories, papers, blogs, digital mags, watching videos on Google or YouTube, and sending notes to friends and family. Advertisements, Cinema and entertainment sites are also watched and enjoyed by a sizeable number of people. All these activities fall within the management of digital content which needs to be very attractive and meaningful in a short and brief manner. Thus the topic as mentioned above, needs to explore with modern outlook.