Please save the date for the next VideoSchmooze: Online Video Leadership Forum, on Thursday, December 4th, at the Scholastic Auditorium in NYC. This will be the 11th VideoSchmooze and as with all of the previous ones, it will be a top-notch morning of learning and networking with video industry leaders. Continental breakfast will begin at 7:45am and we'll conclude by 12:30pm before lunch.
2014 has been another incredible year of growth for online and mobile video. Viewers continue to dramatically change their behaviors, with content choices exploding and connected devices for video proliferating. Incumbents are scrambling to adapt while startups continue to innovate. All are positioning themselves for billions of dollars of video-related spending by consumers and advertisers that are up for grabs.
As with prior VideoSchmoozes, we'll have an impressive array of sessions and speakers, which I'll announce soon, along with special early-bird registration. Last year we had 250+ attendees and I'm confident we'll have a similarly strong turnout this year too. For industry executives who need to cut through the noise and understand what's really happening in video, VideoSchmooze is a must-attend event.
I'm delighted to have Brightcove, FreeWheel and Tremor Video on board so far as sponsors for this VideoSchmooze. Additional opportunities are available, please contact me if interested.
Altitude Digital, a video supply side platform, has added two new VPs and anticipates more than doubling revenue to $50 million in 2014 as it has continued to expand its programmatic video advertising capabilities. Altitude has its roots in display, but has aggressively invested in programmatic video, now working with over 1,800 publishers.
The new hires include Ryan Abrahams as VP of New Revenue and Max Gideon, VP of Mobile. Abrahams was most recently Director of Publisher Development, East, for Nexage, a premium mobile ad exchange that was acquired last week by Millennial Media. Gideon was previously at Zynga, in business development and ad management positions.
Topics: Altitude Digital
I'm pleased to present the 243rd edition of the VideoNuze podcast with my weekly partner Colin Dixon of nScreenMedia.
Earlier this week both Colin and I were intrigued to see AT&T in the market with a new $39 per month offer putting broadband and OTT front and center, with HBO/HBO Go plus a year of Amazon Prime. Just the low tier of U-verse U-basic TV is included. Colin and I both interpreted this as an aggressive move to attract millennials/cord-nevers.
The offer is also the latest by a pay-TV operator using OTT services as a lure. We've seen several European and smaller U.S. pay-TV operators promote Netflix as well. Colin and I discuss how operators are clearly becoming more flexible with regard to OTT services. We wrap up with a preview of some of the new OTT pay-TV services coming to market and whether a linear TV style package makes sense and whether they too should incorporate OTT services.
Click here to listen to the podcast (17 minutes, 47 seconds)
Consumers are spending more of their time with YouTube videos, which represents an opportunity for brands to connect with consumers with a more personal and engaging message.
Nielsen has already reported that when they include measuring YouTube's audience later this fall it will debut as the largest destination for video viewing among all cable networks and video websites - perhaps by a wide margin. YouTube has 1 billion unique monthly visitors globally and it continues to grow fast. In 2012 YouTube grew 55%. Television viewing, however, according to Nielsen, was down by almost 7% in the first quarter of 2014 among 18-24-year-old.
There is a new culture developing within the social ecosystem that has been called "Gen C." Gen C is the YouTube generation. Gen C describes people who care deeply about creation, curation, connection and community. It's not an age group; it's an attitude and mindset. While Gen C may not be every brand's target audience, the very notion that this is now labeled a generation underscores how large the movement has become.
At LiveRail's Publisher Forum yesterday, CEO and co-founder Mark Trefgarne shared product roadmap details, including support for mobile display advertising, taking the company beyond its video advertising roots. Mark said LiveRail will offer full display ad serving across all devices and a unified video/display SDK for Android and iOS. Mobile display units will include banners, interstitial and native.
With these new display units, LiveRail will expand its mobile ad serving and programmatic capabilities beyond video. All of this will be offered initially through the Facebook Audience Network which provides monetization to mobile apps outside of Facebook. In addition, LiveRail previewed what it's calling "Platform 5," a next-generation UI for ad operations, which streamlines workflows.
Addressing a need for improved video advertising in mobile apps, Beachfront Media has released the latest version of its Beachfront.io video ad platform, including programmatic features such as real-time bidding for public marketplaces and support for private marketplaces. Advertisers will be able to bid on in-app mobile inventory only available via Beachfront.io.
Topics: Beachfront Media
Vidible, a startup video syndicator, has announced its platform enabled 1 billion video streams in August. Further highlighting its momentum, Vidible said it has 150+ content providers across the U.S., Europe and Asia in 12 different categories now using its platform. Vidible anticipates 300% growth in 2014 and profitability in 2015.
Michael Hyman, Vidible's CEO and co-founder, recently explained to me that Vidible is differentiating itself from other video syndication platforms with greater transparency and controls for all parties plus a lower cost structure for publishers. Michael believes that to date video syndication has offered minimal transparency, akin to the early days of ad networks where arbitrage was the primary business model.
While a number of YouTube multichannel networks (MCNs) have made lucrative exits recently, Kin Community, an MCN/female-focused lifestyle network, is instead aiming for long-term independent success, CEO and co-founder Michael Wayne explained to me.
Toward that end, late last week Kin raised $12 million, led by Canadian media company Corus Entertainment, with participation by Emil Capital and existing investors. It was the first financing in 6 years for the company, which has been profitable since 2012. Kin now generates 25 million unique viewers/month (and 4 billion lifetime views) with brands including Rosanna Pansino, Wayne Gross, The Ellen Show, Byron Talbot and the Lizzie Bennet Diaries.