Daisy Whitney and I are pleased to present the 77th edition of the VideoNuze Report podcast, for October 15, 2010.
This week we start by discussing the sizzling online video ad business. On Tuesday, the IAB and PriceWaterhouse Coopers reported that online video ads were the best performing category of Internet advertising, up 31% in the first half of '10 vs. first half of '09, to $627 million. That came amid a broader surge in Internet advertising, which tallied over $12 billion in first half revenues, a new record. Google added an exclamation mark to these results by reporting a 23% increase in Q3 revenues late yesterday. Daisy and I talk through some of the key drivers of the video ad business and how things look going forward.
I see the mass adoption of connected devices, which enable the viewing of long-form online video on TVs, as one of the most important drivers of online ad revenue. As consumers begin to watch more online video on their HDTVs, in the comfort of their living rooms, viewership will inevitably rise, creating even more ad inventory. One example of this is Hulu Plus, which recently announced it would be available on both Roku and TiVo.
In the podcast we discuss the connected devices theme and I note that the next VideoSchmooze breakfast/panel I'll be hosting in NYC, on Dec. 1st, will focus on the roles that both connected and mobile devices have in transforming the video landscape. This holiday season is going to mark an important period of growth for these devices and our panel will help us understand the implications.
Lastly - as some of you may know, Daisy's first fiction book, "The Mockingbirds," is being published by Little, Brown on Nov. 2. It's an incredibly exciting milestone for Daisy, and she shares the social media/video promotional campaign she's created using Facebook, Twitter and others. It's a great illustration of how the tools we talk about each day can be used effectively.
Click here to listen to the podcast (11 minutes, 49 seconds)
VideoNuze is the authoritative online source for original analysis and news aggregation focused on the burgeoning online video industry. Founded in 2007 by Will Richmond, a 20-year veteran of the broadband, cable TV, content and technology industries, VideoNuze is read by executive-level decision-makers who need to get beyond the standard headlines and achieve a deep understanding of online video’s disruptive impact.