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IPTV - Idea to Execution - Ministry of Sound TV Case Study
2007 : A Case Study of Ministry of Sound TV IPTV offering. How to take a digital media concept and execute it, within an environment that has unclear business models. Ministry of Sound TV has achieved greatness on all of its platforms and syndication activities.
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- Slide 1: X:MEDIA LAB, SINGAPORE SEPTEMBER 2007
Assia Grazioli-Venier
Head of MOSTV (Business Development & Syndication)
- Slide 2: From Creative Concept to Successful Business
Ministry of Sound TV, a Case-Study
- Slide 3: MINISTRY OF SOUND HISTORY
SUPERCLUB
GLOBAL CLUB BRAND
RECORD LABEL
COMPILATIONS
GLOBAL TOURS
CONSUMER ELECTRONICS
FITNESS VIDEOS
FASHION LINE
MINISTRY OF SOUND DIGITAL
ONLINE SHOP
MOS DOWNLOADS
RADIO
…AND…
- Slide 4: MoSTV
- Slide 5: WHO WE ARE
MOS TV IS THE FIRS T PORTAL OF DANCE MUS IC TELEVIS ION
Ag g re g ating the lates t and mos t ente rtaining c onte nt of all danc e
s ub-g enres from around the globe !
- Slide 6: OUR CONTENT
24+ HOURS BROADCAST
QUALITY FEATURES
DEDICATED TO WHAT'S
HOT IN HOUSE!
MoS music videos
....pre-released!
Behind the Scenes
Ibiza 2007
Live Club Features
Exclusive DJs
Kandi Vision
24/7 channel
TOP
CONTENT!!
Clubbers Guide To.....
Ibiza Opening/
Closing Parties
Music Videos such as
“Call on Me” and
“Fedde Le Grand”
- Slide 7: GROWING SYNDICATION STRATEGY
- Slide 8: CREATIVE IDEA >> BUSINESS PLAN
STEP-BY-STEP PROCESS:
Taking a creative idea and turning it into a successful business proposition:
4. UNDERSTAND YOUR CUSTOMERS
5. BRANDING
6. UNDERSTAND YOUR INDUSTRY
7. UNDERSTAND YOUR BUSINESS
8. MARKETING
9. MAKE FRIENDS
10. SEE THE FUTURE
- Slide 9: ENTREPRENEUR
VISIONARY
INNOVATIVE
AMBITIOUS
KNOWLEDGEABLE
FLEXIBLE
- Slide 10: UNDERSTAND YOUR CUSTOMERS
UNISEX ∙ FUN LOVING ∙ SPONTANEOUS ∙
HEDONISTIC ∙ TRENDY ∙ SOCIABLE
FASHION CONSCIOUS ∙ ASPIRING ∙
MATERIALISTIC ∙ SEXY
18-24 YRS Students/Young Professionals
Frequent Socialising
Music & Fashion Consumer
25-35 YRS Professionals
Higher Disposable Income
Aspirationally Trendy
- Slide 11: BRANDING
CLEAR CURIOUS
CREATIVE FUNCTIONAL
- Slide 12: UNDERSTAND YOUR INDUSTRY
IPTV: ‘INTERNET PROTOCOL TELEVISION’ refers to the delivery of digital content and pother
audio and video services over broadband data networks using the same basic protocols that support
the internet
Vital components to success of IPTV are those that drive customer adoption
Customer Adoption driven by:
Quality of service (Broadband Penetration + Technology)
Quality of programming
- Slide 13: UNDERSTAND YOUR INDUSTRY
Source: Point Topic
- Slide 14: UNDERSTAND YOUR BUSINESS
OVER HALF OF COMMUNICATIONS INDUSTRY EXECUTIVES BELIEVE THAT IPTV WILL GENERATE REVENUE
WITHIN THE FIRST 3 YEARS OF SERVICE (ACCENTURE AND ECONOMIST INTELLIGENCE UNIT)
THE GLOBAL MARKET FOR IPTV VIDEO SERVICES WILL RISE TO $26 BILLION BY 2011, UP FROM
$799 MILLION IN 2006 (ISUPPLY.COM)
87% OF EXECUTIVES BELIEVE THAT CONTENT PROVIDERS HAVE THE MOST TO GAIN FROM IPTV
IN TERMS OF REVENUE! (ACCENTURE AND ECONOMIST INTELLIGENCE UNIT)
REVENUE SOURCES
TARGET ADVERTISING AND INTERACTIVITY
IPTV-based advertising revenue predicted to surpass $1billion annually 2010
CONTENT PROVIDERS
added revenue source of up-front licensing fees for programming
as network operators and platforms compete over content acquisition
SUBSCRIPTION FEES for premium content
? WHAT ARE CUSTOMERS WILLING TO PAY FOR ?
- Slide 15: MARKETING
INCREASE PRODUCT EXPOSURE
O nline Communities USERS
Guerilla Marketing VIRALS!
Cross Promotion – strategic use of internal resources to increase visibility of brand
Digital Syndication: W idgets and 3rd party embeddable players
- Slide 16: MAKE FRIENDS
If you can’t beat them, PARTNER with them!
Let the big players fight it out amongst themselves until the industry settles.
Partner with your competitors
Leverage your brand via piggy backing on more established companies
- Slide 17: SEE THE FUTURE
CAUTIOUS
& BOLD
- Slide 18: TAKE-AWAY
VIS IONARY
Listen to your gut instincts… .. Look around you and look ahead!
AMBITIOUS
Believe in the industry you are in, and believe in your product. Marketing
and success starts from within-in.
KNOWLEDGEABLE
Know yourself, your industry, your enemies, and your obstacles
INNOVATIVE
These are exiting times because everyone in this room is taking part in shaping
the future. Remember that one of you in here has the next big idea. So go for it.
FLEXIBLE
Don’t be scared to change your direction based upon the industry developments.
Must be quick to act or else miss the boat entirely.
- Slide 19: SEE YOU TONIGHT ON THE DANCE FLOOR!
- Slide 20: THANK YOU FOR
WATCHING