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Producer of Premium Videos


You possibly have the biggest and most diverse
premium content library in the world, your content is first
rate.
Chris R., Australia

“I think Watch Mojo is interesting because you produce
quality, professional content on such a wide array of
topics that can be consumed in short bits. It's incredible
that basically no one else is doing what you guys are
doing to the same extent-- it's totally brilliant.”
Adam S., Viewer – Canada



Presented at JMSB
By Ashkan
Karbasfrooshan
(Class of 1999)
@ashkan
@watchmojo
The BIG Opportunity in Advertising
$70B TV Ad Spend Shifting to Online Video




                Video is fastest growing segment in all of
                                              advertising.
              People spend more time consuming content
                                    than any other activity
Consumers Don’t Pay for Content
The DirtyIt’s Always Ad-Supported
          C Word (Clients)
Users Spend More Time on Facebook
               Than Anywhere Else
But Google/YouTube OWN Video with
       47% Market Share in the U.S.
Web is Repeating History of Cable:
         Audience Fragmentation
Web is Repeating History of Cable:
      Overall Consumption Grows
What is WatchMojo?


Covering entertainment, lifestyle and knowledge,
WatchMojo is a producer and distributor of premium,
professionally-produced video content on the
people, places and things that audiences are passionate
about.

WatchMojo boasts a catalog of 7,000 videos that have
generated 700,000,000 cumulative views since 2006.

The company is privately-held, profitable and has never
raised outside financing.
Four Approaches to Video


CONTENT                                           TECHNOLOGY (CMS, CDN)

DECA, DBG, Eqal, Fora.tv, Funny or Die,           Adobe, Apple, Avid, JumpCut, Sorensen,
Generate, Howcast, Katalyst Media, Machinima,     On2, blip.tv, Brightcove, Feedroom, Justin.tv,
Mania TV, Mevio, Next New Networks,               KIT Digital, Livestream/Mogulus, Ooyala,
Revision3, VideoJug, WatchMojo                    Maven, Permission TV, Qik, uStream,
                                                  StudioNow (AOL), VMIX, Akamai, BitGravity,
                                                  Edgecast, Grid Networks, Limelight Networks,
                                                  Panther Express




ADVERTISING (Networks/Platforms)                  DISTRIBUTION

Adap.tv, AdConion, Adify (Cox), Auditude,         Aggregation: 5Min (AOL), AOL (parent co),
Brightroll, Broadband Enterprises, Freewheel,     Break, DailyMotion, Hulu, Kaltura, MSN,
LiveRail, Overlay.tv, Panache, Scanscout, Tidal   Metacafe, Nabbr, Revver, Vimeo, Yahoo!,
TV, Tremor Media, Video Egg, Yume                 YouTube (Google)

                                                  Search, Recovery, Discovery: Blinkx, Cast TV,
                                                  Clicker, Clipblast, Dabble, Everyzing, Google,
                                                  Mefeedia, Pixsy, Truveo (AOL)
Pro Video Solves a HUGE Industry Pain
Creating High Value Video Ad Inventory
The Content Pyramid



Hypothesis proven right:
1) Marketers rejected
UGC (user-generated
Content)

2) Traditional Media
Companies Didn’t
Embrace Online

WatchMojo focuses on
having the best content
In Premium space,
between Traditional
Media Companies’
Super Premium
content and Prosumer/
UGC.
Challenge #1
53% of videos garner 500 views over time
Challenge #2
25% of views will come in the first four days
Challenge #3
only the first 30 to 60 seconds will be watched
So what do we do?
                                          The Dirty            C Content-First Strategy
                                                               A Word (Clients)

1) Produce Great Content           2) Distribute on Large Video Sites         3) Leverage Social Media
                                    To Create InStream Video Views                    to Amplify Reach
                                                                                    & Impact of Content

6) Synthesize Feedback from
Distribution Partners &
Advertising Clients to
Produce More Content



5) Offer Fortune 500 Advertisers
Brand-Safe Premium
Content and Passionate &
Targeted Audience at Scale                                              4) Increase Reach, Build Brand,
                                                                                  & Maximize Revenues
                                                                   Through InBanner Video Impressions
WM Content Performs Well on Portals and
                     Traction + Validation
                            with Traditional Media




Monthly
All time Views/Impressions:
700,000,000: 250M Click-to-Play + 450M Auto-Play
Capital Efficient & Strategically Focused vs Peers


                          Despite being the most capital efficient,
                          WatchMojo provides the most value:

                          - Evergreen and ad-friendly catalog

                          - Proven production capabilities

                          - Ramping up curation and aggregation

                          - Explosive Distribution via launch of Tier 3
                          initiative

                          - Demonstrates an ability to produce a
                          wide array of content across all categories
                          (no learning curve)

                          - Owns the means of production versus
                          managing a team of far-flung freelancers
                          with no commitment (this might work with
                          articles but not with videos)

                          - 5 years of experience producing content
                          for the masses (10 yrs including founder’s
                          experience at AskMen)
Headquarters: Montreal, Canada




WatchMojo is based in Montreal, Canada
- Perennial finalist in Greatest Cities to Live in
- Increasingly on list of “best startup cities”
- Government R&D tax credits up to 50%
- 33% Multimedia tax credits on video production
- Low cost environment
- Four colleges contribute experienced workforce
- Creative city with European flair and extensively multilingual workforce
Ashkan Karbasfrooshan
                                                                 Founder & CEO

-   Manager of Investor Relations, reporting to CEO at Mamma.

-   Executive and Partner at AskMen, helped build the #1 men’s lifestyle portal with
    only $500,000 in capital: VP ad sales, spokesperson, interviewer, author.
    Developed product placement strategies and initiatives in articles.

-   Sold $10M worth of ads in toughest advertising climate since Great Depression
    from 2000 – 2005 while running AskMen’s sales.

-   Helped sell company to IGN for $13.5M; IGN subsequently sold to News Corp. for
    $650M.

-   Author of two books, 1,000 articles published on MSN, AOL, Yahoo! – industry
    articles published on Tech Crunch, MediaPost, Yahoo! Finance, PaidContent,
    GigaOm.

-   Consulted for various media companies: Yellow Pages (2006), Transcontinental
    (2006), Demand Media (2007), How Stuff Works (2006), etc.

- Funded company, today runs day-to-day operations of WatchMojo.com
(Never raised outside capital)
Revenue Streams


WatchMojo is well positioned for upside via multiple distribution and “Syndication” agreements,
or revenue share deals.

WatchMojo was one of the few companies securing guaranteed recurring “Licensing” revenues,
or minimum guarantees (MGs). Arguably ONLY new media company garnering such deals.

WatchMojo is now opening up distribution and video advertising takes off and growing its
“Advertising” revenue stream.



                                Licensing       Syndication      Advertising
               12/31/2008       60%             30%              10%
               12/31/2009       33%             33%              33%
               12/31/2010       20%             30%              50%
               12/31/2011       10%             15%              75%
Content Strategy
                                                Creation + Curation + Aggregation

The entire WatchMojo library consists of three tiers:

A) The “produced and owned” videos created by                Aggregation
WatchMojo.com, which represents one of the largest
catalogues of professionally-produced, premium video
content on a wide array of topics.
                                                              Curation
B) Videos by outside producers under the WatchMojo
Presents banner (WatchMojo has right to sell ads on
partners YouTube channel under WatchMojo
Represents.
                                                              Creation
C) WatchMojo TV which houses over 135,000 super
premium videos from 500 traditional media
companies & other premium made-for-web
producers.
Distribution Strategy
                                                         Multi-Platform

I :: Online (2006-present)         III :: OOH (2007-present)

6,000,000+ users per month         35,000,000 consumers/month
10,000,000 Click to Play (CTP)     5,000 retail outlets
streams per month                  10,000+ screens
100,000,000 Auto-Play (AP)
impressions per month              In malls, retail outlets, cabs (Spain,
250,000,000 CTP all-time streams   US, India)
(01/2006)
400,000,000 AP all-time streams    IV :: OTT
(11/2010)
650,000,000 all time streams.      Boxee, XBOX, Sezmi, Roku, Apple TV,
                                   Google TV, DIVXPro, etc
II :: Wireless (2008-present)
                                   V :: Offline
5,000,000 views
                                   Education portals, academic
                                   publishers, etc
Unique Position in Marketplace
         We Offer EverythingC Word (Clients)
               The Dirty or Just What You Need



Production                 Content
Capabilities               Catalog




          Media, Monetization
            and Technology
PRESENCE ON
CONNECTING WITH   FANS



WHAT PEOPLE
   ON
SOME OF OUR   FOLLOWERS
INFLUENCE:             FOLLOWERS




Julian Assange profile re-tweeted
                                    SONY Music digging
by Julian Assange himself…
                                    our profile on their artist
Content is being disrupted, but…
                            It’s More Valuable than Ever




Who’s this crazy SOB?
Thanks!




Presented at JMSB

By Ashkan Karbasfrooshan
(Class of 1999)

ash@watchmojo.com
@ashkan
@watchmojo

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WatchMojo/OnlineVideo-Presentation-JMSB

  • 1. Producer of Premium Videos You possibly have the biggest and most diverse premium content library in the world, your content is first rate. Chris R., Australia “I think Watch Mojo is interesting because you produce quality, professional content on such a wide array of topics that can be consumed in short bits. It's incredible that basically no one else is doing what you guys are doing to the same extent-- it's totally brilliant.” Adam S., Viewer – Canada Presented at JMSB By Ashkan Karbasfrooshan (Class of 1999) @ashkan @watchmojo
  • 2. The BIG Opportunity in Advertising $70B TV Ad Spend Shifting to Online Video Video is fastest growing segment in all of advertising. People spend more time consuming content than any other activity
  • 3. Consumers Don’t Pay for Content The DirtyIt’s Always Ad-Supported C Word (Clients)
  • 4. Users Spend More Time on Facebook Than Anywhere Else
  • 5. But Google/YouTube OWN Video with 47% Market Share in the U.S.
  • 6. Web is Repeating History of Cable: Audience Fragmentation
  • 7. Web is Repeating History of Cable: Overall Consumption Grows
  • 8. What is WatchMojo? Covering entertainment, lifestyle and knowledge, WatchMojo is a producer and distributor of premium, professionally-produced video content on the people, places and things that audiences are passionate about. WatchMojo boasts a catalog of 7,000 videos that have generated 700,000,000 cumulative views since 2006. The company is privately-held, profitable and has never raised outside financing.
  • 9. Four Approaches to Video CONTENT TECHNOLOGY (CMS, CDN) DECA, DBG, Eqal, Fora.tv, Funny or Die, Adobe, Apple, Avid, JumpCut, Sorensen, Generate, Howcast, Katalyst Media, Machinima, On2, blip.tv, Brightcove, Feedroom, Justin.tv, Mania TV, Mevio, Next New Networks, KIT Digital, Livestream/Mogulus, Ooyala, Revision3, VideoJug, WatchMojo Maven, Permission TV, Qik, uStream, StudioNow (AOL), VMIX, Akamai, BitGravity, Edgecast, Grid Networks, Limelight Networks, Panther Express ADVERTISING (Networks/Platforms) DISTRIBUTION Adap.tv, AdConion, Adify (Cox), Auditude, Aggregation: 5Min (AOL), AOL (parent co), Brightroll, Broadband Enterprises, Freewheel, Break, DailyMotion, Hulu, Kaltura, MSN, LiveRail, Overlay.tv, Panache, Scanscout, Tidal Metacafe, Nabbr, Revver, Vimeo, Yahoo!, TV, Tremor Media, Video Egg, Yume YouTube (Google) Search, Recovery, Discovery: Blinkx, Cast TV, Clicker, Clipblast, Dabble, Everyzing, Google, Mefeedia, Pixsy, Truveo (AOL)
  • 10. Pro Video Solves a HUGE Industry Pain Creating High Value Video Ad Inventory
  • 11. The Content Pyramid Hypothesis proven right: 1) Marketers rejected UGC (user-generated Content) 2) Traditional Media Companies Didn’t Embrace Online WatchMojo focuses on having the best content In Premium space, between Traditional Media Companies’ Super Premium content and Prosumer/ UGC.
  • 12. Challenge #1 53% of videos garner 500 views over time
  • 13. Challenge #2 25% of views will come in the first four days
  • 14. Challenge #3 only the first 30 to 60 seconds will be watched
  • 15. So what do we do? The Dirty C Content-First Strategy A Word (Clients) 1) Produce Great Content 2) Distribute on Large Video Sites 3) Leverage Social Media To Create InStream Video Views to Amplify Reach & Impact of Content 6) Synthesize Feedback from Distribution Partners & Advertising Clients to Produce More Content 5) Offer Fortune 500 Advertisers Brand-Safe Premium Content and Passionate & Targeted Audience at Scale 4) Increase Reach, Build Brand, & Maximize Revenues Through InBanner Video Impressions
  • 16. WM Content Performs Well on Portals and Traction + Validation with Traditional Media Monthly
  • 17. All time Views/Impressions: 700,000,000: 250M Click-to-Play + 450M Auto-Play
  • 18. Capital Efficient & Strategically Focused vs Peers Despite being the most capital efficient, WatchMojo provides the most value: - Evergreen and ad-friendly catalog - Proven production capabilities - Ramping up curation and aggregation - Explosive Distribution via launch of Tier 3 initiative - Demonstrates an ability to produce a wide array of content across all categories (no learning curve) - Owns the means of production versus managing a team of far-flung freelancers with no commitment (this might work with articles but not with videos) - 5 years of experience producing content for the masses (10 yrs including founder’s experience at AskMen)
  • 19. Headquarters: Montreal, Canada WatchMojo is based in Montreal, Canada - Perennial finalist in Greatest Cities to Live in - Increasingly on list of “best startup cities” - Government R&D tax credits up to 50% - 33% Multimedia tax credits on video production - Low cost environment - Four colleges contribute experienced workforce - Creative city with European flair and extensively multilingual workforce
  • 20. Ashkan Karbasfrooshan Founder & CEO - Manager of Investor Relations, reporting to CEO at Mamma. - Executive and Partner at AskMen, helped build the #1 men’s lifestyle portal with only $500,000 in capital: VP ad sales, spokesperson, interviewer, author. Developed product placement strategies and initiatives in articles. - Sold $10M worth of ads in toughest advertising climate since Great Depression from 2000 – 2005 while running AskMen’s sales. - Helped sell company to IGN for $13.5M; IGN subsequently sold to News Corp. for $650M. - Author of two books, 1,000 articles published on MSN, AOL, Yahoo! – industry articles published on Tech Crunch, MediaPost, Yahoo! Finance, PaidContent, GigaOm. - Consulted for various media companies: Yellow Pages (2006), Transcontinental (2006), Demand Media (2007), How Stuff Works (2006), etc. - Funded company, today runs day-to-day operations of WatchMojo.com (Never raised outside capital)
  • 21. Revenue Streams WatchMojo is well positioned for upside via multiple distribution and “Syndication” agreements, or revenue share deals. WatchMojo was one of the few companies securing guaranteed recurring “Licensing” revenues, or minimum guarantees (MGs). Arguably ONLY new media company garnering such deals. WatchMojo is now opening up distribution and video advertising takes off and growing its “Advertising” revenue stream. Licensing Syndication Advertising 12/31/2008 60% 30% 10% 12/31/2009 33% 33% 33% 12/31/2010 20% 30% 50% 12/31/2011 10% 15% 75%
  • 22. Content Strategy Creation + Curation + Aggregation The entire WatchMojo library consists of three tiers: A) The “produced and owned” videos created by Aggregation WatchMojo.com, which represents one of the largest catalogues of professionally-produced, premium video content on a wide array of topics. Curation B) Videos by outside producers under the WatchMojo Presents banner (WatchMojo has right to sell ads on partners YouTube channel under WatchMojo Represents. Creation C) WatchMojo TV which houses over 135,000 super premium videos from 500 traditional media companies & other premium made-for-web producers.
  • 23. Distribution Strategy Multi-Platform I :: Online (2006-present) III :: OOH (2007-present) 6,000,000+ users per month 35,000,000 consumers/month 10,000,000 Click to Play (CTP) 5,000 retail outlets streams per month 10,000+ screens 100,000,000 Auto-Play (AP) impressions per month In malls, retail outlets, cabs (Spain, 250,000,000 CTP all-time streams US, India) (01/2006) 400,000,000 AP all-time streams IV :: OTT (11/2010) 650,000,000 all time streams. Boxee, XBOX, Sezmi, Roku, Apple TV, Google TV, DIVXPro, etc II :: Wireless (2008-present) V :: Offline 5,000,000 views Education portals, academic publishers, etc
  • 24. Unique Position in Marketplace We Offer EverythingC Word (Clients) The Dirty or Just What You Need Production Content Capabilities Catalog Media, Monetization and Technology
  • 26. CONNECTING WITH FANS WHAT PEOPLE ON
  • 27. SOME OF OUR FOLLOWERS
  • 28. INFLUENCE: FOLLOWERS Julian Assange profile re-tweeted SONY Music digging by Julian Assange himself… our profile on their artist
  • 29. Content is being disrupted, but… It’s More Valuable than Ever Who’s this crazy SOB?
  • 30. Thanks! Presented at JMSB By Ashkan Karbasfrooshan (Class of 1999) ash@watchmojo.com @ashkan @watchmojo