Impact of user generated content on media  Marketing and strategy  Ajit.jaokar@futuretext.com  Sep 2007
Ajit Jaokar - many hats Ajit Jaokar UK based  -  Hands on Publisher (futuretext)  -  Author (Mobile Web 2.0)  -  Chair: Ox...
50 million MySpace unique visitors  - Comparable to - number of American households that tune to Superbowl 100 million You...
Perspectives .. <ul><ul><li>Power is moving away from the old elite (Rupert Murdoch, CEO NewsCorp.) </li></ul></ul><ul><ul...
Traditional content vs.. UGC  Traditional content  Professional Edited Not free UGC  Created by users   From scratch (blog...
Tectonic plates .. Media, Telecoms and Internet
Broadcast yo urselves .. But .. YouTube says Broadcast Yourselves  ..
Broadcast yo urselves .. But .. New media is talking about old media ..
Love - hate ..
2OO6 : New media   US 55 billlion  (Including  Mobile music, Internet, Online games) Traditional content   US 455 billion ...
Factors .. <ul><li>Mass adoption of broadband </li></ul><ul><li>User generated content  </li></ul><ul><li>Open platforms <...
Val ue chain .. Advertiser Content creator Content distributor Consumer Web aggregator Web aggregators is a different type...
A fork in the road for former partners? Content distributor Content creator
Strategies .. <ul><li>Overall strategy </li></ul><ul><li>Content owners ( Maximise revenue, Protect content) </li></ul><ul...
Strategies .. Contd .. <ul><li>Open ..  </li></ul><ul><li>Open - not to be confused with DRM   </li></ul><ul><li>Closed lo...
Web 2.0 .. Web 2.0 ..
Overview ..  What is Web 2.0 a)  Web as a platform:  pets.com TV (v.s. Google)  A web of mainframes? Connecting the farmer...
Business models … Business models User enhanced databases - Amazon reviews  On the Internet, you build a product that gets...
Meta data ..  If Customer is King - then Meta data is King Kong
South Korea - a whole country on a social network S.Korea Population - 48 million. About 80% own a cell phone. Cyworld mem...
Korea .. 6.25 million TDMB devices have been sold in around 20 months Highly Interactive with the Mobile TV program on you...
Korea .. 90%  of all images taken by mobile phone end up on Social networking Heaven (Cyworld) More mobile Video on Cyworl...
Korea ..
<ul><li>Since 1995, CNN.com has provided news to the world </li></ul><ul><li>From July 1 st , the enhanced CNN.com/interna...
CNN.com/international homepage <ul><li>New features include: </li></ul><ul><li>Switch to horizontal navigation </li></ul><...
Bandwidth changes everything! Vinton Cerf “In Japan you can already download an hour’s worth of video in 16 seconds… And w...
Acknowledgements ..  All images from Google images or their respective copyright. Referenced various documents from IBM Gl...
Mobile Web 2.0  www.futuretext.com  www.opengardensblog.futuretext.com Ajit.jaokar@futuretext.com  Thanks!!
Upcoming SlideShare
Loading in …5
×

Impact Of User Generated Content on Media - Ajit Jaokar - Media in Transition 2007

2,939 views

Published on

Ajit Jaokar, Founder of Futurext Hightech Publishing, speaks about the Future of User Generated Content

Published in: Business, Technology
0 Comments
7 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
2,939
On SlideShare
0
From Embeds
0
Number of Embeds
36
Actions
Shares
0
Downloads
0
Comments
0
Likes
7
Embeds 0
No embeds

No notes for slide
  • Impact Of User Generated Content on Media - Ajit Jaokar - Media in Transition 2007

    1. 1. Impact of user generated content on media Marketing and strategy Ajit.jaokar@futuretext.com Sep 2007
    2. 2. Ajit Jaokar - many hats Ajit Jaokar UK based - Hands on Publisher (futuretext) - Author (Mobile Web 2.0) - Chair: Oxford University's Next Gen Mobile Applications panel - PhD student UCL/UK Recent and forthcoming talks include Stanford University - MIT Sloan Web 2.0 expo - Ajaxworld The Scoble show - CNN money BBC Digital planet - Oxford University The O Reilly radar, European parliament Global top 20 wireless blogger According to fierce wireless www.opengardensblog.futuretext.com
    3. 3. 50 million MySpace unique visitors - Comparable to - number of American households that tune to Superbowl 100 million YouTube videos every day - Comparable to Top 15 primetime shows in England (100 million viewers) or Top 4 American shows
    4. 4. Perspectives .. <ul><ul><li>Power is moving away from the old elite (Rupert Murdoch, CEO NewsCorp.) </li></ul></ul><ul><ul><li>Our industry is facing a profound challenge from home-made content (Tom Glocer, CEO Reuters) </li></ul></ul>Source: Arthur D. Little
    5. 5. Traditional content vs.. UGC Traditional content Professional Edited Not free UGC Created by users From scratch (blogs) Modified (mashup) Collaboration (wikipedia)
    6. 6. Tectonic plates .. Media, Telecoms and Internet
    7. 7. Broadcast yo urselves .. But .. YouTube says Broadcast Yourselves ..
    8. 8. Broadcast yo urselves .. But .. New media is talking about old media ..
    9. 9. Love - hate ..
    10. 10. 2OO6 : New media US 55 billlion (Including Mobile music, Internet, Online games) Traditional content US 455 billion However .. CAGR for new media for 2006 to 2010 is 23 percent Only 6 percent for traditional AND .. If advertisers had an additional million dollars 50 percent will spend on Internet search, 42 percent on other forms of internet advertising and only 19 percent mentioned TV !
    11. 11. Factors .. <ul><li>Mass adoption of broadband </li></ul><ul><li>User generated content </li></ul><ul><li>Open platforms </li></ul><ul><li>Granular advertising and a shift to Internet advertising </li></ul>
    12. 12. Val ue chain .. Advertiser Content creator Content distributor Consumer Web aggregator Web aggregators is a different type of distributor. Everyone is trying to bypass the traditional distributors. Distributors are having to evolve Distributors - Cable companies ; Web aggregators - YouTube Advertiser to consumer - bud.tv, MVNO, IPTV Content creators - like to go to Web aggregators New distributors are coming in - freeview set topbox $70 and 10million units in 2006
    13. 13. A fork in the road for former partners? Content distributor Content creator
    14. 14. Strategies .. <ul><li>Overall strategy </li></ul><ul><li>Content owners ( Maximise revenue, Protect content) </li></ul><ul><li>Distributors - ex: Cable TV - Managed distribution/Walled gardens, ) Content owners: </li></ul><ul><li>Open distribution </li></ul><ul><li>user aggregation </li></ul><ul><li>Community </li></ul><ul><li>Leveraging assets Content distributors </li></ul><ul><li>Long tail content - cheap (free!) UGC = lower viewership for traditional content = lower license fees at next round of negotiations=lower money to make content </li></ul><ul><li>Community .. And customer intimacy! </li></ul>
    15. 15. Strategies .. Contd .. <ul><li>Open .. </li></ul><ul><li>Open - not to be confused with DRM </li></ul><ul><li>Closed locked to a device or a network using a proprietary format - and customers experience is controlled Ex Cable Open </li></ul><ul><li>Open format = mp3. Open can still be protected Others .. </li></ul><ul><li>Reclaiming the editorial role </li></ul><ul><li>Internet metrics - granularity, real time and actual stats </li></ul><ul><li>Deliver experiences video games industry, virtualworlds etc </li></ul>
    16. 16. Web 2.0 .. Web 2.0 ..
    17. 17. Overview .. What is Web 2.0 a) Web as a platform: pets.com TV (v.s. Google) A web of mainframes? Connecting the farmer in Africa to the rest of the world. b) Harnessing collective intelligence : Google page rank The platform is the Internet, On the Internet, the rules are different. Information sharing is actually better than information hoarding. With enough people sharing information – you build a database and the database becomes bigger and better with incremental users
    18. 18. Business models … Business models User enhanced databases - Amazon reviews On the Internet, you build a product that gets better as you harness the intelligence of the users. Hence, users must contribute. Amazon is a commodity business on one hand (you can’t get more commodity than selling books!) but has implemented many small Web 2.0 innovations (like reviews) so that they are far away from the commodity. Web 2.0 is all about building systems that get better the more people use them
    19. 19. Meta data .. If Customer is King - then Meta data is King Kong
    20. 20. South Korea - a whole country on a social network S.Korea Population - 48 million. About 80% own a cell phone. Cyworld members- 17 million 90% of 20s are accessing cyworld everyday. blog.sun.com/yoojin/ http://www.web2null.de/images/cyworld_full.jpg
    21. 21. Korea .. 6.25 million TDMB devices have been sold in around 20 months Highly Interactive with the Mobile TV program on your mobile handheld, click and buy the shirt of your favourite soap star while you watch Be driven around with your laptop in Seoul and connect to Mobile WIMAX at high speed
    22. 22. Korea .. 90% of all images taken by mobile phone end up on Social networking Heaven (Cyworld) More mobile Video on Cyworld than on You Tube. The No 1 Dream car in Korea was voted a Porsche Carrera and No2 was a Crazy car from the Online Game Kart Rider
    23. 23. Korea ..
    24. 24. <ul><li>Since 1995, CNN.com has provided news to the world </li></ul><ul><li>From July 1 st , the enhanced CNN.com/international </li></ul><ul><ul><li>will improve the way users interact with news </li></ul></ul><ul><ul><li>leverage CNN’s existing expertise </li></ul></ul><ul><ul><li>incorporate latest web trends and developments </li></ul></ul>1995
    25. 25. CNN.com/international homepage <ul><li>New features include: </li></ul><ul><li>Switch to horizontal navigation </li></ul><ul><li>Embedded video for appropriate news </li></ul><ul><li>Regionally synchronized CNN Int’l TV schedule </li></ul><ul><li>Localised weather and news </li></ul><ul><li>Permanent, stronger presence of blogs, podcasts, and I-Report links </li></ul>
    26. 26. Bandwidth changes everything! Vinton Cerf “In Japan you can already download an hour’s worth of video in 16 seconds… And we’re starting to see ways of mixing information together … imagine if you could pause a TV programme and use your mouse to click on different items on the screen and find out more about them.”
    27. 27. Acknowledgements .. All images from Google images or their respective copyright. Referenced various documents from IBM Global services CNN Web launch team Digital Korea, Korean IT promotion agencies
    28. 28. Mobile Web 2.0 www.futuretext.com www.opengardensblog.futuretext.com Ajit.jaokar@futuretext.com Thanks!!

    ×