Friday, May 3, 2013, 10:28 AM ET|Posted by Will Richmond
I'm pleased to present the 178th edition of the VideoNuze podcast with my weekly partner Colin Dixon of nScreenMedia. This was NewFronts week, when a slew of content providers presented their slate of programs and initiatives to advertisers. Having attended a couple of the presentations, I was impressed by the turnout, energy and interest, especially since this was only the second year for these types of presentations.
Advertisers have clearly moved online video beyond the experimental stage and are taking a strong interest. Colin and I agree that this is mainly due to viewers' strong adoption of online video viewing. This should only increase as viewers are presented with an exploding array of content choices. We talk more about the role that mobile and apps are playing in all of this too, and why established media needs to be aggressive in this shifting landscape.
Listen in to learn more!
Click here to listen to the podcast (17 minutes, 53 seconds)
The WSJ reported on Wednesday that online video viewing over the last year has begun shifting from the lunch time daypart to the coveted primetime daypart. Online primetime viewing rose 14% to an average of 62.4 million viewers over the last year according to Nielsen.
While network programming from Hulu certainly helped, the article credited the jump primarily to independent original web series and networks like blip.tv and Revision3. Revision3's CEO, Jim Louderback attributed its share to the 40% of its audience watching on connected devices like Roku while blip's CEO Mike Hudack argued it was the rise in quality and length of programming. The average length of blip's episodes is up to 14 minutes from 6 minutes a year ago.
Mike also posted yesterday on blip's blog further sharing his excitement that blip is also close to reaching 100 million views per month. This despite the fact that its web series are produced on a fraction of Hollywood's typical budgets (his estimate is blip's shows cost one-tenth of 1% of Hulu's). Mike's argument underscores the democratization of media underway. The Internet allows hardworking entrepreneurial content creators to work successfully far outside the world of Hollywood's ecosystem to create great content and gain sizable audiences.
Add in this week's NewFront and it's clear that independent original web video is uttering a battle cry for legitimacy. As devices and platforms that blur the line between online video and television continue to emerge, this trend will further accelerate, potentially positioning indie online content as a disruptor to traditional programming.
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Categories: Indie Video
Following this year's successful TV advertising upfront, yesterday Digitas' branded entertainment arm, The Third Act, presented its third annual and playfully titled, Digital Content NewFront. The similarities are in name only though, as the NewFront is a conference and social gathering, bringing together and showcasing top tier online content creators, distributors, and forward-thinking brands.
Before you start thinking NewFront is a bunch of web wannabes looking for their big break, the guest list was actually packed with tons of traditional media talent who have also been pursuing online content, such as Kevin Pollack, Jason Bateman, Lisa Kudrow, Teri Hatcher, and even Martha Stewart. Their involvement underscores how traditional and new media convergence is already well underway, propelled by branded entertainment.
The enthusiasm at the NewFront was abundant, with Mark Beeching, Digitas' Worldwide Chief Creative Officer, trumpeting in his opening remarks, "Online video is no longer a three minute trivial sideshow!" Still, illustrating the mixed motivations of many online content creators, Ricky Van Veen, of CollegeHumor and IAC's branded content wing, Electus, noted that most creators still view online video as a stepping-stone to TV or film.|