Showing posts with label content revolution. Show all posts
Showing posts with label content revolution. Show all posts

Thursday, January 31, 2008

Thoughts about an Online Content Revolution

An online content revolution is drastically changing the traditional media and distribution landscape. The market for online content, especially video and audio, is growing at an extraordinary pace. Fueled by open standards for digital media, the deployment and continually falling costs of broadband access, the explosion of user-generated content populating the Internet, the growth of broadband, mobile, set-top boxes and digital recording devices in addition to the advancements made in Digital Rights Management software, digital video and still-image content is becoming more widely available and easier to access.

The one obstacle these technological advancements have failed to properly address is how to efficiently monetize online content. In the past, aggregators and content providers worked only with traditional means of media distribution including through television, theater releases, DVD/VHS purchases and rentals. Moving content to the Internet has presented itself as a new, highly efficient medium to view and distribute digital media and ultimately is helping to build new ways to promote, build revenue streams and other non-traditional monetization mechanisms.

Indeed, we are witnessing the long-term trend away from the inefficiency of legacy delivery and the associated sub-par customer experience of the legacy model. New digital media start-ups and their emerging technology will gradually complement and possibly replace traditional television business models in the future. Now anyone with a camera and a desire to produce content can record, upload and distribute their work over the Internet. This type of access used to be just a fantasy for most content creators, but now it is fast becoming a reality.

Clearly, the emerging standard for video and information is on-demand, à la carte interactivity: consumers being able to find, download, store, recall and transfer content of their choice on virtually any platform or device. Digital interactivity will be the driving force to unlocking the bottomless content in this Pandora's box. However, search and filtering is the means by which to find and manage the data, television program, movie, music or other content of choice. One cannot exist without the other in this brave, new media world.

Friday, August 17, 2007

The Content Revolution Continues

A content revolution is drastically changing the traditional media and distribution landscape. No one knows where this will lead us but we are all witnessing the seismic change and trying to determine the best course of action. The market for online content especially video and audio is growing at an extraordinary pace. Open standards for digital media, the deployment/falling costs of broadband access, the falling cost of production equipment/tools, the growth of broadband, mobile, set-top boxes and digital recording devices will make new television related services over the Internet and mobile phones cheaper, viable and more common. That is great news. Distribution and monetization are forever ingrained on our brains. In the past, aggregators and those who provided content worked only with traditional means of distributing content to its audience through television, theater releases, DVD/VHS purchases and rentals. The Internet has presented itself as a new medium to distribute and view content.


This content revolution will shift content distribution from mass to niche markets as media companies change their business models, new technologies shift viewing to a more on-demand, al a carte format, and new search engines are developed to track digital media in order to find it and better monetize it. There are now Internet TV service companies who specialize in this new distribution and work with advertisers to align their content to appropriate content. Brightcove, theplatform.com and Entriq’s MediaSphere, three such services, partner with video content owners-from major studios and broadcasters to cable networks to web publishers to small independent producers-to build Internet TV businesses by publishing and distributing video and rich media directly to consumers. For example, Brightcove syndicates content to Moqvo, an Internet RSS video aggregator who is looking to build a community around this syndicated content and make money off advertising dollars. Coincidentally, Moqvo is 1/3 owned by an advertising agency. Companies like Brightcove and theplatform will provide marketers an innovative way to communicate and engage with their potential consumers. Cutcaster will utilize their services to manage, distribute and ultimately build a global marketplace platform complete with all the services needed to conduct successful business for everyone.

Where do you see the largest changes in content and the way it is distributed?

Cutcaster

Cutcaster
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