Here are the most interesting articles that came across this week…
Networks Ponder Poststrike Landscape
That means more shows bought without pilots, more work from established writers and less from newcomers, and a rollout of new shows that extends throughout the year instead of being concentrated in September.
“We have to find ways to be more efficient,” said Jeff Zucker, the president of NBC Universal. And a senior executive at a production studio said, “The cost of business has just been unsustainable the past couple of years.”
Mr. Zucker has been the most outspoken executive in declaring that the strike offers an opportunity to revise — and potentially revitalize — the business. He has suggested, for example, that NBC drastically cut back on its pilots (from dozens to five or six).
More decisions will be made to order a series “based on the gut of the programmer,” Mr. Zucker said in a telephone interview. He said networks would commit to shows from scripts alone.
http://www.nytimes.com/2008/01/26/arts/television/26seas.html?_r=1&ref=arts&oref=slogin
THE EXPECTATION ECONOMY
Even though you've heard about the New Economy, the Experience Economy, the Surprise Economy, the Attention Economy, the Leisure Economy and so on, we can't help but throw yet another Economy your way: the EXPECTATION ECONOMY. Capturing the essence of 2008's demanding consumer arena, it is—surprise, surprise—all about those pesky, demanding consumers:
"The EXPECTATION ECONOMY is an economy inhabited by experienced, well-informed consumers from
Their expectations are based on years of self-training in hyperconsumption, and on the biblical flood of new-style, readily available information sources, curators and BS filters. Which all help them track down and expect not just basic standards of quality, but the 'best of the best'."
http://trendwatching.com/trends/expectationeconomy.htm
DLD: The network model
In today’s discussion, networks are critical to the future, Comscore argued, because without them, even the biggest online brands don’t reach that much of the audience that much of the time. The top four sites, the search monsters, have only 5% share of page views on the internet and 7% share of their users’ page views. So networks extend them. That is why AOL, Microsoft, Google, and Yahoo have been buying big ad networks.
But Glam is different. It is a content and ad network that curates blogs and sites for women and sells ads and shares revenue on them. Some say that because it isn’t produced by big media, its quality is low. But I heard today that Arora insists on no automated, Googly ads; they only deal with agencies. Networks online are often remnant space filled with dancing monkees. So he wanted to avoid that. When he took over Glam, he asked, “What would it take for advertisers to act on the internet as they act in traditional print?” He also asked: “What is the definition of media going forward?” His next frontier, he says, is to define prime time and prime placement on sites.
http://www.buzzmachine.com/2008/01/21/dld-the-network-model/
A Mad Man Gets His Head Together
The goal now is to establish a Honeyshed editorial voice, "to build our reputation as tastemakers," says Kim Howitt, 33, the head of development, who came to the enterprise after stints at Nickelodeon and the N, the nighttime network for teens. "Everything that goes through our doors, whether it's a paying client or not, is cherry-picked. At the end of the day, if we're really good at our job, we'll have the ability to make something hip." Going forward, "sponsored" content will likely commingle with "editorial" choices.
Honeyshed itself does the programming, mixing products and themes based on feedback transmitted through the site's digital backbone. A chat window alongside the programming lets viewers talk about what they're seeing. Each item featured will have an I WANT IT! button, and viewers can roll over it to get more information, or hit it to be connected to the relevant page on Nike.com, for example, or Sephora.com. A STASH button lets users save items to a kind of wish list, then email it to friends or drag it into a chat window or even a Facebook page.
http://www.fastcompany.com/magazine/121/a-mad-man-gets-his-head-together_Printer_Friendly.html
Websites make it easy to catch a missed TV show
Embracing the Web is "an acknowledgement that this is real (and networks) have a business model and can monetize it and make it part of their growth," Howard Horowitz says.
By giving consumers online access, networks have learned they can reinforce viewer devotion. "This is mostly driven by TV audiences who missed (an episode) and want to watch it on their computer," says Shelly Palmer, author of Television Disrupted: The Transition From Network to Networked TV. "I don't think NBC or ABC is caring where you watch as long as they can count on you."
Traffic on Veoh.com, which recently sealed a deal to add MTV to an array of CBS, Fox and NBC series, rose 24% during the last three months of 2007; 40% comes during traditional TV prime-time hours, says Veoh's Dmitry Shapiro. "That is a very telling and important statistic. It's the same content they can find on TV, but they feel they have more control."
http://www.usatoday.com/life/television/news/2008-01-21-websites-tv-shows_N.htm
Guild Board Member Predicts ‘Detonation Day’
Some decidedly mixed signals have been coming from union leaders to striking Writers Guild of America, West members for the last day.
On the picket line at Paramount Pictures on Wednesday, according to a Scribe Vibe blog post by Variety’s Dave McNary, writers negotiating committee member Steven Schwartz talked about ways to turn the recent Directors Guild of America deal into something workable for writers. Mr. Schwartz called that deal’s decision to base residuals on the distributor’s actual revenue, rather than a reduced formula that has long bothered guild members, “huge.”
He also said guild staff members were working overtime in an effort to make sure writers wouldn’t get stuck with the relatively small residual assigned to Internet streaming of TV shows in the directors deal, should television re-runs essentially migrate to the Web.
http://tvdecoder.blogs.nytimes.com/2008/01/23/guild-board-member-predicts-detonation-day/
45% Will Watch Less TV If Strike Continues
Nearly half of Americans say they will watch less television if the writers’ strike continues, according to two polls released in the last week. And one of the polls, by Interpret, said 35 percent have already changed their TV viewing habits as a direct result of the strike. Reruns and reality shows, said respondents, will not suffice.
Meanwhile, Burst Media’s poll found that 25.6 percent of respondents expect to watch more online video as a result of the strike.
http://newteevee.com/2008/01/23/45-will-watch-less-tv-if-strike-continues/
From MySpace to YourSpace
In addition to expanding, MySpace is evolving. While it is introducing new musicians and playing host to amateur filmmakers, it is also signing artists to its own record label and developing online video series. It introduced a content guide, MySpace Celebrity, last week.
The world’s largest social networking site, MySpace has grown far past being merely “a place for friends,” as its slogan states. With an estimated 110 million monthly active users, MySpace is undeniably a powerful tool for advertisers who seek reach and efficiency.
Richard Greenfield, a media analyst for Pali Research, called MySpace a fantastic acquisition from a return-on-investment standpoint. The site was sold for $580 million; Mr. Greenfield said it was expected to have around $800 million in revenue in fiscal 2008, mostly through advertising.
“Rupert made an important bet,” said Eric E. Schmidt, the chief executive of Google, which signed a $900 million advertising deal with MySpace’s parent, Fox Interactive Media, in August 2006. “He may find that this is the single best investment he has ever made.”
http://www.nytimes.com/2008/01/21/technology/21myspace.html?pagewanted=1&th&emc=th
Video Sharing Web Site Audience Doubles in a Year
According to the Pew Internet & American Life Project, 48% of internet users have been to video-sharing sites such as YouTube, and the daily traffic to such sites on a typical day has doubled in the past year. The basic findings in a national phone survey show:
- In December 2006, 33% of internet users said they had ever visited such sites. That represents growth of more than 45% year-to-year.
- 15% of respondents said they had used a video-sharing site the day before they were contacted for the survey. A year ago, only 8% had visited such a site the previous day.
http://blogs.mediapost.com/research_brief/?p=1623
Product Placement on Reality TV Seems Somehow More Realistic
A result is that the networks are expanding their reality plans, particularly as the ratings for some strike fare like “American Gladiators” are surpassing the viewership for the scripted shows they replaced.
NBC, which has embraced reality perhaps more ardently than its competitors, is even planning a prime-time reality special for May 11 that is being developed by and for an advertiser, Teleflora. The show — which also involves the NBC morning show “Today,” Redbook magazine and the Reveille production company — will center on a search for “America’s Favorite Mom.”
Needless to say, the winner can expect to be festooned with flowers, and a rose is to be named in her honor.
“We’re looking to be the best partners for our advertisers,” said Ben Silverman, co-chairman at NBC Entertainment, part of the NBC Universal division of General Electric. And one way to do that, he said, is “building programming assets in partnership with our advertisers.”
http://www.nytimes.com/2008/01/23/business/media/23adco.html?ref=media
Whose Research Is It, Anyway?
Viewers want advanced interactive television functionality across every genre of programming and advertising:
- 72% of those who watch reality TV shows want to interact with those shows
- 65% of those who watch sporting events on TV want to interact with those events
- 66% of viewers want to interact with commercial advertising
- 50% of those who watch drama TV shows indicated that they would be interested in interacting with those shows
I haven't been able to lay my hands on details of the actual questions asked at the time of writing, but certainly the top-line numbers are good news for anyone involved in the sector, at least as far as we can be led by what people tell us they would do.
http://blogs.mediapost.com/tv_board/?p=246
Family Values
Of course, while “Gabba” is a TV show — one of the 10 best of 2007, according to Time magazine — the idea of simply creating “a show” is antiquated. What is created now is a property, a platform, a brand, a multimedia idea, which obviously has to be Big on the Internet. And indeed, Advertising Age recently pointed out that “Yo Gabba Gabba!” clips have attracted 17.8 million streams from Nickelodeon’s Web site, compared with about 4.4 million viewers of a typical episode of the actual program. Jacobs, one of the “Gabba” creators, is also a founder of Aquabats, a cult ska-rock band that performs in superhero costumes and has an elaborate (and kid-friendly) mythology that includes some of the creatures now on the show. When he and Schultz produced two pilot episodes and posted clips online, Aquabats fans helped stoke buzz that led to Nickelodeon — which in turn hooked the pair up with Wildbrain.
http://www.nytimes.com/2008/01/20/magazine/20wwln-consumed-t.html?_r=1&ref=magazine&oref=slogin