Showing posts with label MySpace. Show all posts
Showing posts with label MySpace. Show all posts

Monday, 16 July 2007

TV ad revenues under threat

There was a great article in yesterday’s Observer that looked at how viewers are increasingly calling the shots in terms of how they consume television, and how this in turn is shaping how the industry generates revenues from advertising.

The premise of the piece argued that although TV still plays a massive part in our lives, audiences are becoming fragmented thanks to the likes of YouTube, MySpace and Google. Television schedules will become obsolete as people can now watch TV when they want and on the medium of their choice, and this will have a massive impact on the ability to generate advertising revenue. The journalist went on to cite how ‘TV’s share of the global advertising market dropped this year for the first time since its inception’ and outlined a number of ways in which TV has can claw back the lost ad revenue.

Some of these have their merits, a couple of others less so. But one option overlooked was using the user interface, or menu, to host advertisements. However people consume TV – via mobile, downloaded from the internet, or the old fashioned front room / sofa way – there will always be a menu used to navigate through the choices. As TV schedules get more personalised, it stands to reason that menus will do so as well, so what is there to prevent targeted advertising around those menus?

At ANT we provide user interfaces for around 70 per cent of the world’s IPTV market, and have recently made the push into the wider digital media world, precisely because of the reasons outlined in the article. TV viewing is changing and the advertising industry urgently needs to change with it, and we believe that using the user interface could be a real solution to this dilemma.

Monday, 2 July 2007

MySpaceTV Launches

MySpace has launched a TV service intended to take-on YouTube in the online video world.

MySpace has a pressing reason to take on YouTube more directly. Just as
MySpaceTV is being fashioned to compete with YouTube, engineers at YouTube are busy developing social-networking features including enabling users to chat while they watch the same clip and share their favorite videos. So, the social networking site has some heavy competition on its hands.

This announcement, coupled with the
Sony/Honda announcement about minisodes (edited four-to-six minute versions of thirty-to-sixty minute television shows) a few weeks ago, is a real sign that the industry is maturing beyond the niche, experimental stages. In fact, there are three key things worth noting which underline a new and exciting time for online video:

1/ Online video is now multi-country and multi-language – a classic sign of
maturation in the technology sector

2/ Users/viewers are now demanding higher quality (professional in

MySpaceTV’s case) content which is helping move the perception of online
video from niche to mainstream

3/ The Honda/Sony partnership shows inventiveness and a willingness to
experiment with the revenue models that will be essential for the industry’s
long-term self-sustainability. It also illustrates how players can make money
from the “long tail”