HBO’s new management is making a splash, with John Stankey, an AT&T exec who now oversees HBO in his new role as chief executive of Warner Media, telling the team, “We need hours a day,” referring to the time viewers spend watching HBO programs. “It’s not hours a week, and it’s not hours a month. We need hours a day. You are competing with devices that sit in people’s hands that capture their attention every 15 minutes.”
More and more publishers are heading OTT, with WIRED announcing a TV channel. It will be free and ad-supported … a model which could also apply to Amazon in the near future: UK job ad indicates Amazon wants to bring TV advertising and free TV channels to Prime. The living room increasingly makes sense for capturing the attention of elusive Millennials and Gen Zers– check out this VAB study which found on average, in any given minute, the ad-supported multi-screen TV 18-34 audience is six times larger than Facebook and over two times larger than YouTube in the summer months.
Why are we so concerned with the Frenemies, anyway? Maybe it’s because they (Facebook, Twitter, and Snapchat) are feeding us “behavioral cocaine,” disguised as notifications, in a bid for our limited hours of attention.
Given all the trade-offs, I believe the most likely scenario in the near term is an increasing divergence of strategies between brands.
Brands and influencers are excited about the potential for longer-form videos that can tell stories to Instagram’s 1 billion users. But traditional Hollywood making content for IGTV? Don’t count on it, because there’s no way to monetize the pricey programming they might make for the new app, especially when so many other outlets are willing to pay.
YouTube said it provide funding in about 20 global markets to support news organizations in “building sustainable video operations.” The grants will let new orgs build out video capabilities, train staff on video best practices, and enhance production facilities. YouTube says it also will expands the team focused on supporting news publishers.
Philo will use funds raised from its Series C to invest in new product features and enhancements — including a “social media TV experience,” according to Deadline — as well as to expand its marketing efforts. Philo’s other existing investors include A+E Networks and Scripps Networks, who participated in a $25 million round last November. Per Crunchbase, Philo has raised roughly $107 million in venture funding to date.
Mr. Stankey described a future in which HBO would substantially increase its subscriber base and the number of hours that viewers spend watching its shows. To pull it off, the network will have to come up with more content, transforming itself from a boutique operation, with a focus on its signature Sunday night lineup, into something bigger and broader.
Brands are only a small portion of the entire universe of YouTube videos, according to analysis by Tubular Labs, which tracks 4 billion online videos. In part that’s because of the sheer overwhelming scale of YouTube, where around 300 hours of video are uploaded every minute. It’s easy to feel lost there if you don’t have a smart video strategy to get your content seen.
read more here: tvrev.com