// YouTube funds original content//
So this kind of makes me giddy like a schoolgirl for a number of reasons- the impact it will have on media consumption, the impact it will have on the advertising industry, and just the simple innovation of it- but mostly because it has the potential to do what I’ve always dreamed of doing with “regular” TV- only pay for what I want to watch.
The upside is tremendous for both viewers and YouTube alike, so long as they do it right. And by “right”, I mean the way I think it should be done. Just look at the glaring difference between broadcast TV and the unique content that YouTube has the opportunity to create.
- Even with 100’s of channels, Broadcast TV is built upon reaching and appealing to the largest common denominator- content is generalized, often watered down, in an effort to have mass appeal and thus attract precious advertising dollars.
- YouTube has the ability to create content that appeals directly to particular audience, group, or market. They’re actually already doing so with channels like the extreme sports-focused “Network A” and Spanish-language “Tutele”. The goal is still to attract a large audience that will allow for bigger advertising costs, but this opens up a whole new dimension for advertisers that will make the added cost more palatable (and seem less overbearing to viewers)
Think about your average commercial break on Broadcast TV today. How many of the commercials do you actually watch? How many of them actually appeal to you? How many of them actually entice you to engage with that brand? I’d wager a steak dinner that the answer to all of these is probably close to ZERO.
Advertisers will now be able to tailor their ads to the exact demographic they’re trying to reach; even geo-target based on location and availability. Global brands with diverse product lines can run simultaneous campaigns targeted towards audiences that are polar opposites, and neither audience will likely ever see the ad that doesn’t appeal to them.
Then there’s the issue of censorship, standards, and rating content? Not to be a wet blanket, but this is probably going to help re-ignite the SOPA issue eventually, but I’ll save that for later.
Thanks for listening.


