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Innovating Legal & Finance Models
Anita Ondine


Location: Centre Point, London, UK
Date: 16 May, 2012
@anitaondine
  #TNX12
   #Topal
Agenda

•Market Conditions

•Business Models

•Legal considerations
Transmedia...
  Market conditions   Audience behaviour &
                      technology innovation
passive          interactive     participatory

                                    Twitter
                                 internet
                                                    ubiquity
                               mobile     UGC
                               apps

                                    games
                       IPTV
                   books
                         cable
                                                    plenitude
                       television
             dvd
  analog
television
                                                    scarcity
     cinema


  Market Conditions Audience behaviour
multiple
scheduled        repeats         asynchronous
                                           digital
                                          ubiquity
                                 mobile              digital
                                 apps
                                         ebooks      networked
                                     internet
                                          IPTV
                satellite
               television
                                  games              digital / hard
                      cable
              dvd   television                       copy
   analog
 television

                                     books
                                                     hard copy
cinema


 Market conditions               Content delivery
Digital cinema

     110-115% mobile
     phone penetration

         Highest rate of smart phone
            ownership in SE Asia

        HD TV rollout

     Market conditions Technology
Market conditions

         Audience behaviour

                    Technology innovation




     Market conditions A perfect storm
Transmedia...
  Business Models
Old media models

• Films: Studio system,
independent film financing,
DIY

• TV: Commissioning,
markets, re-runs

•Books: Agents, publishers

•Games: Developers,
publishers, proprietary
platforms
Old model
fundamentals

• Gate keepers “We
decide” what the public
wants / should get

• Middle men take a piece
of the pie

• Copying is stealing

• Works are authored by
one or two people, or
corporations
Old models don’t
work in the new world
• Technology allows us:
   - to bypass gate keepers
   - sell directly to our
   audience
• Copying is:
  - promotion
  - distribution
  - does not necessarily
  diminish the value of your
  work and may enhance it
• The economy is credit poor
and risk averse
Transmedia business
models
1. Sell access to the content
 (goods & services):
  •Subscriptions
  •Unit sales (tix, virtual goods)
  •License fees
  •Format rights
2. Sell eyeballs on content:
  •Advertising
  •Product placement
  •Branded content
  •Public funding

                                     photo by: anita ondine
New business models

New models include a mix of:

- ‘Upstream’ funding
   ➡Pre-financing transmedia
   ➡Public funding
   ➡Strategic partnerships
- ‘Downstream’ funding
Pre-financing

• Fundamental issue is lack
  of data.
• Pre-selling participation in
  various forms via platforms
  like Kickstarter.com,
  IndieGoGo.com.
• Pre-sales and licenses to
  broadcasters / territories /
  platforms.
Public funding

• National and supranational
  funds still largely tied to
  ‘traditional’ media e.g.
  interactive project grants
  require there to be a film.
• Some regional funds are
  more progressive and offer
  purely interactive funding.
• Games and tech
  innovation funding exists
  but is scarce.
Downstream funding

•Ad supported (and it’s
 cousin brand
 integration)

•On selling to online
 platforms, broadcasters
 at markets such as
 MIPCOM

•Direct sales to market
American Girl Dolls               Somers Town




                           “Pursuit of Bestness”

Ken & Barbie




                                               Bing / Jay-Z Decoded
               New Old Spice Guy

         Downstream funding Branded content
Transmedia...
Opportunities to Innovate
Shared Value Models

• UGC contributors earn a
  share of revenues.
• Pool vs. waterfall model.
• Increased flexibility
  around treatment of
  copyright ownership, joint
  ownership, moving
  beyond ownership.
• What other innovations
  can we dream up?
Spain          The Netherlands



Italy                                         Germany

                     Malaysia
                     France


                                        Australia


    United Kingdom
                         Canada



Opportunities to Innovate         New markets, lower barriers to
                                  entry, no traditional gatekeepers
UK



                                    Italy




               France




Opportunities to Innovate   Transmedia format licenses, like
                            TV formats
Expand market reach - new platforms


                         console games
      television


                                              telephone

                     film
    web




          ARGs
                                         live events
                   mobile apps
Brainstorm for
       business opportunities




Business opportunities          Mobile market
Business opportunities   Mobile market
Transmedia...
  Legal considerations Contracts, IPR and
                        Data Protection Laws
Contracts
• Chain-of-title
• Collaboration agreements
• Licensing a pre-existing
work (note: some works are
freely available from the public
domain)
• Co-production agreements
• Financing agreements
• Employment Contracts
• NDAs
Intellectual Property
Rights

• Trademarks
  - Registered
  - Unregistered
• Patents
• Designs
• Copyright
  - Exists when an idea takes
  material form
Trends in Copyright

• Attempts to expand criminal
penalties for copyright law
violations via SOPA & PIPA in
the USA, bypasses DMCA
safe harbor
• Copyright law reform in the
UK to bring some laws in line
with common practice, but
overall strengthen IP rights
• Use of Creative Commons
licenses
Hybrid solutions free vs. paid
EU Data Protection Directive
The EU Directive sets out the principles that apply to the
processing of all personal data, including data collected in the
context of a transmedia experience.
Personal data should not be processed unless certain conditions
are met. These conditions fall into three categories:
1. transparency
2. legitimate purpose, and
3. proportionality
Also, no transfers out of the EU to countries that do not have
adequate data protection laws unless certain conditions are met.
These rules do not apply to anonymised data.
NOTE: New draft law was proposed on 12 January 2012.
photo by: anita ondine


“You must build the life
   you want to live in.”   rozh mutabchi
Transmedia...
grows because we grow


Stay in Touch

Twitter: @anitaondine
Facebook: Anita Ondine
Linkedin: Anita Ondine Smith
E: anita@anitaondine.com

www.anitaondine.com
www.transmedianext.com

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Anita Ondine: Innovating legal and Finance Models

  • 1. Innovating Legal & Finance Models Anita Ondine Location: Centre Point, London, UK Date: 16 May, 2012
  • 4. Transmedia... Market conditions Audience behaviour & technology innovation
  • 5. passive interactive participatory Twitter internet ubiquity mobile UGC apps games IPTV books cable plenitude television dvd analog television scarcity cinema Market Conditions Audience behaviour
  • 6. multiple scheduled repeats asynchronous digital ubiquity mobile digital apps ebooks networked internet IPTV satellite television games digital / hard cable dvd television copy analog television books hard copy cinema Market conditions Content delivery
  • 7. Digital cinema 110-115% mobile phone penetration Highest rate of smart phone ownership in SE Asia HD TV rollout Market conditions Technology
  • 8. Market conditions Audience behaviour Technology innovation Market conditions A perfect storm
  • 10. Old media models • Films: Studio system, independent film financing, DIY • TV: Commissioning, markets, re-runs •Books: Agents, publishers •Games: Developers, publishers, proprietary platforms
  • 11. Old model fundamentals • Gate keepers “We decide” what the public wants / should get • Middle men take a piece of the pie • Copying is stealing • Works are authored by one or two people, or corporations
  • 12. Old models don’t work in the new world • Technology allows us: - to bypass gate keepers - sell directly to our audience • Copying is: - promotion - distribution - does not necessarily diminish the value of your work and may enhance it • The economy is credit poor and risk averse
  • 13. Transmedia business models 1. Sell access to the content (goods & services): •Subscriptions •Unit sales (tix, virtual goods) •License fees •Format rights 2. Sell eyeballs on content: •Advertising •Product placement •Branded content •Public funding photo by: anita ondine
  • 14. New business models New models include a mix of: - ‘Upstream’ funding ➡Pre-financing transmedia ➡Public funding ➡Strategic partnerships - ‘Downstream’ funding
  • 15. Pre-financing • Fundamental issue is lack of data. • Pre-selling participation in various forms via platforms like Kickstarter.com, IndieGoGo.com. • Pre-sales and licenses to broadcasters / territories / platforms.
  • 16. Public funding • National and supranational funds still largely tied to ‘traditional’ media e.g. interactive project grants require there to be a film. • Some regional funds are more progressive and offer purely interactive funding. • Games and tech innovation funding exists but is scarce.
  • 17.
  • 18. Downstream funding •Ad supported (and it’s cousin brand integration) •On selling to online platforms, broadcasters at markets such as MIPCOM •Direct sales to market
  • 19. American Girl Dolls Somers Town “Pursuit of Bestness” Ken & Barbie Bing / Jay-Z Decoded New Old Spice Guy Downstream funding Branded content
  • 21. Shared Value Models • UGC contributors earn a share of revenues. • Pool vs. waterfall model. • Increased flexibility around treatment of copyright ownership, joint ownership, moving beyond ownership. • What other innovations can we dream up?
  • 22. Spain The Netherlands Italy Germany Malaysia France Australia United Kingdom Canada Opportunities to Innovate New markets, lower barriers to entry, no traditional gatekeepers
  • 23. UK Italy France Opportunities to Innovate Transmedia format licenses, like TV formats
  • 24. Expand market reach - new platforms console games television telephone film web ARGs live events mobile apps
  • 25. Brainstorm for business opportunities Business opportunities Mobile market
  • 26. Business opportunities Mobile market
  • 27. Transmedia... Legal considerations Contracts, IPR and Data Protection Laws
  • 28. Contracts • Chain-of-title • Collaboration agreements • Licensing a pre-existing work (note: some works are freely available from the public domain) • Co-production agreements • Financing agreements • Employment Contracts • NDAs
  • 29. Intellectual Property Rights • Trademarks - Registered - Unregistered • Patents • Designs • Copyright - Exists when an idea takes material form
  • 30. Trends in Copyright • Attempts to expand criminal penalties for copyright law violations via SOPA & PIPA in the USA, bypasses DMCA safe harbor • Copyright law reform in the UK to bring some laws in line with common practice, but overall strengthen IP rights • Use of Creative Commons licenses
  • 32. EU Data Protection Directive The EU Directive sets out the principles that apply to the processing of all personal data, including data collected in the context of a transmedia experience. Personal data should not be processed unless certain conditions are met. These conditions fall into three categories: 1. transparency 2. legitimate purpose, and 3. proportionality Also, no transfers out of the EU to countries that do not have adequate data protection laws unless certain conditions are met. These rules do not apply to anonymised data. NOTE: New draft law was proposed on 12 January 2012.
  • 33. photo by: anita ondine “You must build the life you want to live in.” rozh mutabchi
  • 34. Transmedia... grows because we grow Stay in Touch Twitter: @anitaondine Facebook: Anita Ondine Linkedin: Anita Ondine Smith E: anita@anitaondine.com www.anitaondine.com www.transmedianext.com