Snap Is Latest Social Company to Plan Original Video Push

To better compete with social platforms such as Facebook and Instagram, Snap Inc. is launching a scripted video initiative called Snap Originals. Teaming with media titans such as Viacom and NBCUniversal to produce original content and syndicate existing shows, Snap aims to ramp up its serialized offerings as Instagram readies its IGTV hub for mobile video. Snap has already been experimenting in this space through partnerships with networks including E!, NBC and ESPN to produce content for its Discover section.

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New Accounting Rules Could Impact the Profits of TV Shows

In the new age of streaming (and often binge-watching) video content across multiple platforms, the distinction between movies and TV shows has become blurred. The Emerging Issues Task Force, a part of the non-profit Financial Accounting Standards Board (FASB), is recommending a change that would impact the profits of today’s TV shows. Calling the difference between such shows and movies as “no longer relevant” for gauging companies’ finances, the new accounting rules would let TV producers track costs the same way movie producers do. Continue reading New Accounting Rules Could Impact the Profits of TV Shows

Jukin Media Creates Variety of Opportunities for Viral Videos

Jukin Media has created a business model that leverages social media and the financial possibilities involving viral videos. The company searches for popular online videos, pays the video creators, “and then licenses clips out to digital media companies, brands and morning news shows,” explains The Wall Street Journal. “Think of it as Getty Images for viral videos,” said Jukin CEO and founder Jon Skogmo, who has also launched social channels that feature the unique content. The clips are becoming popular for advertising as well. “Brands are very attracted to this type of user-generated content,” said Skogmo, “especially when they’re seeing everyday people playing with their products.” Continue reading Jukin Media Creates Variety of Opportunities for Viral Videos

Internet Service Providers Compete for OTT Video Dominance

Competition in the OTT video market has heated up over this last year, and will likely build over the coming year, say some experts. Currently in online video, the top five online video destinations account for 85 percent of the market share. High-trafficked video destinations include YouTube and Facebook and TV brands such as ESPN, CNN and Fox Sports. But the mid-to-long tail sites have almost no video — which is worth significantly more than display advertising — making it an opportunity that’s been waiting to happen. Continue reading Internet Service Providers Compete for OTT Video Dominance

Hulu Doubles the Amount of TV Content it Licenses from Viacom

While streaming services continue to invest in original series to attract new subscribers, the SVOD battle over TV rights has also been heating up. Amazon, Hulu and Netflix are competing for the exclusive rights to stream popular shows that first air on television. A number of new deals have been announced in recent weeks, including Amazon picking up USA Network’s “Mr. Robot,” Hulu getting Fox’s “The Last Man on Earth,” and Netflix signing ABC’s “How to Get Away with Murder” and CW’s “Jane the Virgin.” Most recently, Viacom extended its licensing agreement with Hulu. Continue reading Hulu Doubles the Amount of TV Content it Licenses from Viacom

Nielsen to Track Viewership Across Netflix, Amazon and Hulu

Nielsen is rolling out a program to track views of almost 1,000 shows on Netflix, Amazon’s Prime Instant Video and Hulu, relying on the same 25,000 U.S. households used to track traditional TV ratings. The idea is that, by having access to that data, large media companies such as Comcast NBCUniversal can hammer out better content licensing deals, especially with Netflix. Currently, Nielsen provides data only to studios that own the programs and pay for the information, but it plans to syndicate the data in the future. Continue reading Nielsen to Track Viewership Across Netflix, Amazon and Hulu

Research Suggests Streaming is Impacting the Business of TV

Despite revenue generated by licensing content to streaming services, some analysts and execs are concerned that the growth of subscribers to Netflix and related services may negatively impact traditional TV audiences and related advertising revenue. During the UBS Global Media and Communications Conference on Monday, research was presented that suggests a significant disruption in media consumption, as Netflix subscribers watch less broadcast TV than consumers without the service. Continue reading Research Suggests Streaming is Impacting the Business of TV

Netflix to Blame for Recent Decline in Traditional TV Ratings?

According to Bernstein Research senior analyst Todd Juenger, there has been an unprecedented drop in TV ratings during the summer and fall seasons, which can be attributed to a growing number of viewers opting for streaming services such as Netflix, Amazon and Hulu. Juenger suggests that traditional ad-supported TV viewing has declined over the last year by an average of 13 minutes per day, while Netflix viewers are spending 12 minutes more each day watching video content via the video service. Continue reading Netflix to Blame for Recent Decline in Traditional TV Ratings?

Netflix Acquires Rights to Upcoming “Gotham” in SVOD First

Yesterday we reported that Netflix is expanding into six European markets this month, the company has greenlit its first original series to be produced in France, and CEO Reed Hastings suggested they would produce something in Germany in the future. Netflix is in the news again after it signed a deal with Warner Bros. Worldwide Television Distribution for “Gotham,” the upcoming series from Fox. The agreement could mark the first SVOD deal for a broadcast series made prior to its premiere. Continue reading Netflix Acquires Rights to Upcoming “Gotham” in SVOD First

TV Show Highlighting Popular Online Videos Tops Syndication

RightThisMinute, a TV show that focuses solely on online videos, has become the number one syndicated new show in the U.S. The show airs on HLN and local channels, with two million viewers per half-hour episode. Because the show consists only of online videos, rather than hiring writers, the producers and talent search for featured videos. The popularity of the show highlights a shift that makes the second screen — featuring content from YouTube, Hulu and Netflix — our first screen. Continue reading TV Show Highlighting Popular Online Videos Tops Syndication

Yahoo Reportedly in Talks to Buy Online Video Service NDN

Yesterday we reported that Yahoo has been ramping up its online video efforts and content catalog to compete more directly with Google’s YouTube for viewers and advertising revenue. Now it has been reported that Yahoo is in preliminary talks to purchase online-video service News Distribution Network, a deal estimated at roughly $300 million according to insiders. NDN is a video syndication service that provides newspapers and Web publishers with clips related to news, sports, politics and other topics. Continue reading Yahoo Reportedly in Talks to Buy Online Video Service NDN

AOL On Network: Premium Video Platform Launches in the UK

AOL launched its AOL On Network in the United Kingdom this week, the first market outside of North America to gain access to the on-demand video platform. AOL On is a syndication platform that offers curated and original content (currently 750,000 videos). It is an extension of the Be On end-to-end video platform for brands and its Adap.tv video trading platform. Web-only for now, an app for AOL On will be available in the UK early next month via the App Store on iTunes and Google Play. Continue reading AOL On Network: Premium Video Platform Launches in the UK

Mario Batali to Kickstart New Dailymotion Original Programming

In an effort to attract more U.S. viewers, Paris-based online video site Dailymotion is pushing new original programming that it hopes will help the service compete with Google’s YouTube. Dailymotion plans to initially commit between $3 million and $4 million to produce up to six series this year that will include leading personalities from industries such as food, music and entertainment. The company is also courting U.S. firms as potential investors. Continue reading Mario Batali to Kickstart New Dailymotion Original Programming

Darcy Antonellis Named CEO of Vubiquity, Exits Warner Bros.

Darcy Antonellis, president and chief technology officer of Warner Bros. Entertainment, will leave her post to become CEO of Vubiquity in January. Virginia-based Vubiquity, formerly Avail-TVN, is a global provider of multiplatform video services. Antonellis, winner of three technical Emmys, has been with Warner Bros. for 15 years, and has held her current position since 2008. She will replace Ramu Potarazu, who stepped down as CEO in March. Continue reading Darcy Antonellis Named CEO of Vubiquity, Exits Warner Bros.

Syndication: AOL and its Partners To Distribute ESPN Content

AOL and ESPN announced a new syndication deal this week that includes distribution of the sports programmer’s video content, excluding live TV, via AOL.com and the company’s network of partners. ESPN’s live programming will remain available to subscribers online and on mobile devices through the WatchESPN service. AOL began distributing ESPN’s news, highlights and analysis on Tuesday. ESPN has additional video deals with Apple and Microsoft’s Xbox. Continue reading Syndication: AOL and its Partners To Distribute ESPN Content

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