Scribe Media.org: Profiting from Online Video

If you're an online video publisher, content creator or advertiser than this post should be if great interest to you. This entry come from Scribemedia.org and was posted by Peter Cervieri in Media on February 1, 2009. Peter Cervieri is co-founder of and Director of Business Development for ScribeMedia.Org. This video is from SIIA Information Industry Summit.
 

"We’ve all been reading for a long while now about the video advertising boom — or perhaps explosion would better describe it — that is just around the corner. But that corner seems to be getting further and further away.

How can it be that YouTube can command nearly half of all video traffic, yet monetize less than 5% of its streams? Three-fourths of all internet users watch video each month so the eyeballs are there. Where are the dollars? Is anybody making real money from online (non-adult) video?

And more importantly, how? Our panelists will discuss whether there is a secret sauce for profiting from video online, and perhaps reveal some of the ingredients that go into that sauce."

Moderator
Nicholas Ascheim, VP of Product Management, NYTimes.com

Panelists
Sandy Malcolm, Executive Producer, CNN.com Video
Andy Plesser, Executive Producer and Founder, Beet.TV
Kathy Yates, CEO, AllBusiness.com

Watch all video from the SIIA Information Industry Summit.

Watch all video from SIIA Previews.

Related ScribeMedia.org Posts

About ScribeMedia.Org

ScribeMedia.Org travels the country to capture and deliver speeches, lectures, roundtables and interviews of thoughtleaders across a broad range of subject areas that includes current events, technology, media, business, healthcare and the arts.

The goal is a neutral forum for intelligent dialog and debate, uncluttered by soundbytes, instant punditry and shoutfests that have become our national dialog.

We achieve this by working with Partners and Clients such as publishers, associations and think tanks to film their events for distribution across a variety of channels that include this site, television, radio, mobile devices, or a combination of them all. In short, we deliver content where and how people want to receive it.

Contact Information

We’re located in downtown Manhattan and can be reached at 212.353.0022 or via this form.


 

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Page: 1 of 16
  • 2/27/2009 8:12 AM Jeff Bach wrote:
    Great content. One of the first pieces I have ever sat through for the entire show.

    More than anything I hope the user-pay model begins to evolve more strongly, as the CEO of AllBusiness suggested. For specialty producers like myself, the audience is always going to be small. If it were large it would not be a specialty after all right?

    So for specialty producers the advertising model does not work. There has to be another model. I think a comfortable micro-payment tool as part of a user-pay business model is something to look at for specialty producers. Google for example, could take their largely failing online payment system and evolve it into a micropayment-centric tool. The Open TV Network is an interesting model here as well, but it is underfunded and without a promotional budget so it remains unused because of too few takers.

    Right now, my content lives offline on DVDs because that is the only way I can make even a smidgen of money. As much as I understand and consume online media, I remain unable to make any money off of it. It simply remains a tool I use for free marketing of my DVD-based media.

    This is a great segue into another big piece of the puzzle. That of understanding your audience. There are seething hordes of people that buy "stuff" who are TOTALLY ignorant of online media. It is important to realize that for most producers of content, OLD MEDIA remains BY FAR the best and only way to reach the largest chunk of your audience. Everyone in new media seems to think that the world is changing and everyone is moving online. This is NOT TRUE. While the rate of change is steep in terms of people consuming new media, it is starting from zero, so any change looks huge. Compare it to old media though, and new media is still virtually a drop in the bucket.

    This is a fascinating space, but at this point in time, I am a fool for having hoped for more than what there is. We have a LONG way to go. It is happening and I am optimistic, BUT we have MUCH distance to cross before new media is at all viable in a revenue sense.
    Jeff Bach
    Quietwater Films
    Madison, WI.
    Reply to this
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  • 2/27/2009 1:02 PM Jeff Bach wrote:
    Great content. One of the first pieces I have ever sat through for the entire show.

    More than anything I hope the user-pay model begins to evolve more strongly, as the CEO of AllBusiness suggested. For specialty producers like myself, the audience is always going to be small. If it were large it would not be a specialty after all right?

    So for specialty producers the advertising model does not work. There has to be another model. I think a comfortable micro-payment tool as part of a user-pay business model is something to look at for specialty producers. Google for example, could take their largely failing online payment system and evolve it into a micropayment-centric tool. The Open TV Network is an interesting model here as well, but it is underfunded and without a promotional budget so it remains unused because of too few takers.

    Right now, my content lives offline on DVDs because that is the only way I can make even a smidgen of money. As much as I understand and consume online media, I remain unable to make any money off of it. It simply remains a tool I use for free marketing of my DVD-based media.

    This is a great segue into another big piece of the puzzle. That of understanding your audience. There are seething hordes of people that buy "stuff" who are TOTALLY ignorant of online media. It is important to realize that for most producers of content, OLD MEDIA remains BY FAR the best and only way to reach the largest chunk of your audience. Everyone in new media seems to think that the world is changing and everyone is moving online. This is NOT TRUE. While the rate of change is steep in terms of people consuming new media, it is starting from zero, so any change looks huge. Compare it to old media though, and new media is still virtually a drop in the bucket.

    This is a fascinating space, but at this point in time, I am a fool for having hoped for more than what there is. We have a LONG way to go. It is happening and I am optimistic, BUT we have MUCH distance to cross before new media is at all viable in a revenue sense.
    Jeff Bach
    Quietwater Films
    Madison, WI.
    Reply to this
  • 8/26/2009 12:39 AM Dubai Office Space to Buy wrote:
    I am myself associated with creative writing and video making, I feel that it is a good effort to make people aware of your work.
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    I really like the video. Being the creative writer I understand the requirement of this work.
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  • 8/28/2009 2:37 AM club casino en ligne wrote:
    This is a great segue into another big piece of the puzzle. That of understanding your audience. There are seething hordes of people that buy "stuff" who are TOTALLY ignorant of online media. It is important to realize that for most producers of content, OLD MEDIA remains BY FAR the best and only way to reach the largest chunk of your audience.
    Reply to this
  • 8/28/2009 12:48 PM cheap auto insurance wrote:
    peter is a smart guy... thanks for sharing!
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  • 9/14/2009 12:54 AM Dubai property rent wrote:
    People are making real money out of online video publishing. But you need to be famous for that as well.
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    Everyone in new media seems to think that the world is changing and everyone is moving online. This is NOT TRUE. While the rate of change is steep in terms of people consuming new media, it is starting from zero, so any change looks huge. Compare it to old media though, and new media is still virtually a drop in the bucket.
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