How UK producer ITN mines its YouTube revenue

Media companies have been cashing in on the world’s appetite for the royal family this spring, and ITN Productions, the in-house production company for U.K. TV news and content provider ITN, was no exception.

ITN Productions’ revenue has mainly come from selling original and syndicated digital content to publishers like the Daily Mail, HuffPost, the Guardian and The Independent to use on their own sites. For the last two years, ITN Production News been distributing this content on YouTube.

ITN Productions has seen a 40 percent growth year over year in revenue from its news, entertainment and royal family coverage on YouTube, although the company wouldn’t share actual numbers.

“Initially, we used this content to grow audiences online, but the revenue from the platforms has become much more prominent. It’s showing greater movement in a positive direction, so we’ve been paying it more attention,” said Joanna Boyd, video syndication account manager at ITN Productions, speaking of YouTube and Twitter.

SocialBlade data shows total subscribers for the royal channel have more than doubled since the beginning of April to 320,000, and average views per day are 1.2 million, up from 300,000 since early April due to an increase in content around Prince Louis’ birth and Prince Harry and Meghan Markle’s wedding. Subscriber growth for ODE and ODN have been steadier, with 300,000 and 500,000 subscribers, respectively.

Armed with the knowledge that people are avid consumers of royal family content, ITN Productions began focusing on this YouTube channel last year, posting more content — footage that would never make it on broadcast, like Queen Elizabeth II getting off a train, for instance — and creating more video playlists to keep people on its channel as well as suggesting relevant videos at points where people drop off.

“We’ve seen the growth in the last year when we started focusing on it as a core part of the news cycle,” said Boyd, adding that on June 14, the second top news story featured the queen and Markle visiting the county of Cheshire. “That’s how big they have become to be the second news story.”

A royal wedding and birth in quick succession is unlikely to happen again, but Boyd is confident the interest will continue. “The children have huge appeal on our channel; people want to watch them grow up,” she said. Equally, the popular videos are ones that typically fall outside the mainstream, like Prince Harry and Markle attending Prince Charles’ 70th birthday party, with 1.6 million views. “Everyone has the royal wedding; we have the story afterward,” Boyd added.

read more here: digiday.com