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TV magazines The US television market is in a state of upheaval, and with it the market for program information and magazines.
TV Guide magazine has held the monopoly on TV listings since its introduction in 1953. Even with the many new possibilities of the digital era, little has changed so far. Gemstar, owner of TV Guide and 43% owned by Rupert Murdoch's News Corporation, is currently pumping millions into the development of digital features. Above all
the website, offers a wealth of information. For example, you can enter the name of your favorite actor and immediately see not only all upcoming shows, but also all articles about them that have appeared in TV Guide since 1953. Content details for individual episodes of series and video downloads are also offered.
The company is currently working on license agreements with TV broadcasters that will allow tvguide.com to show short clips from the respective shows online. "We're not just telling people what to watch, but where to find it," says Rick Cusick, Vice President of TV Guide Digital, "and we're doing it all through our technology."
Despite the current renaissance, TV Guide has had to fight through many a dry spell in recent years. The magazine experienced its heyday in the 1970s with the establishment of dozens of new cable and satellite channels. The publisher published over 250 regional editions at the time and achieved its highest circulation in 1974 with 19 million copies.
In recent years, the company has lost a lot of ground and undergone a complete restructuring. Last fall, the magazine was reduced to a circulation of just 3.2 million copies. The remaining 140 regional editions focus on two catchment areas, the east and west coasts. The format was changed from the handy digest size to magazine format. "It's no longer just about the program listings, but we offer a variety of content about stars and productions presented across different platforms," says Bo Park, spokesperson for TV Guide.
At the same time as scaling back the print edition, TV Guide launched a firework display of alternative information platforms. The company has a dominant position in the so-called "Interactive Programming Guides" (IGPs). It initially developed its own Interactive Program Guide (IPG) for digital cable, which can currently be viewed by 14 million people via major cable and satellite providers such as Comcast, Charter, DirecTV and Echostar.
With the second-generation IPG called "i-Guide", customers can also navigate through all digital services at home, including all TV programs, HDTV, video on demand and digital video recorders. The trend continues with a new IPG for cell phones, which TV Guide has just launched and which will also allow users to program their video recorder remotely in the near future.
Stronger competitorsTMS Entertainment, a new company of the Tribune newspaper publishing house in Chicago, has emerged as a competitor to TV Guide in recent years. TMS produces several weekly supplements with regional TV listings for over 400 newspaper companies. The main product, the TV supplement "TV Select", is distributed by around 100 newspapers. Jay Fehnel, Vice President of TMS Entertainment Products: "Every market is unique. We tailor our products to the needs of each individual market."
TMS is achieving significant growth rates for its print products, which also has to do with the withdrawal of TV Guide from the print sector. TMS has also expanded its Internet activities enormously in recent years: The company owns the website zap2it.com, which was an early competitor to tvguide.com with expanded content and background information. tvguide.com was fee-based for a while, which helped make zap2it.com a success. Over 400 other websites, mostly from newspapers, now use zap2it.com content, which brought them a whopping 3.6 million unique visitors in July 2006. TV Guide only recorded 2.7 million.
However, the two market leaders have the greatest competition online, as portals such as MSN, AOL and Yahoo also offer TV listings and celebrity news. MSN is currently the online market leader with 9.6 million unique visitors. The big challenge, however, will be how to structure the growing market of Internet television, IPTV, with its dozens of genres in a meaningful way and keep users up to date with the latest news.
"Searching for rich media, i.e. video and the like, is a huge mess because nobody knows exactly how to do it," says Van Baker, Vice President of Gartner Research. "That's the big challenge because, unlike text, video can't be indexed reliably."
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