Web video New community sites such as youtube.com, heavy.com or metacafe.com with an audience of millions of young people make Yahoo, Google and Co.
Competition. Worse still, major TV networks are also using their own
Greg Kostello has a dream. Years ago
he built the successful audio website mp3.com as Vice President with
on. Now he wants to repeat the whole thing again: in video format.
So he teamed up with a number of experienced industry professionals
who previously worked for illustrious companies such as Universal, Fox or
MTV, and launched the community site vmix.com. Here you can
Anyone who has a video - be it of their own wedding or the
promo spot for a Fox animated series - this one on the website
and present it to the world. "A video from a high school
Prom may only be watched by 20 people, but for them this is
very important," enthuses Kostello.
The whole thing is to be financed by an advertising model in which
Advertisers can place banners or video ads before, after or between the
Switch content. The nature of such community sites is such that
the message spreads from user to user and quickly becomes
finds an audience of millions. "People want to see themselves on the Internet
and they do this much more easily if they can find their way back to
Vmix instead of Google Video, where no one is in the
Kostello believes that he knows his way around a mess.
Networks go their own way
In fact, portals such as Google, MSN and Yahoo were the first to
video content and in this way can combine music, videos, news and
movie trailers to the people. But community sites like youtube.com,
heavy.com or metacafe.com, which are used by millions of young people.
media users are competing with them. Worse still:
In the past, the major TV networks also turned to the
portals and streamed sporting events there, for example,
to which they owned the rights. However, the networks have now
found other channels: Platforms like Apple's iTunes or their
own websites cbs.com and abc.com. "Now that the networks have
content for their own sites, the portals must
now courting other sources, including the cable channels," says
Josh Bernoff, analyst at the Forrester research institute.
1.7 billion dollars by 2010
But many doubt that the future will look so one-dimensional.
becomes. "Even if the portals are competing against the networks: Their
Content will be everywhere," says Michael Sprague, President
of the Internet TV company WaveExpress. "Whether that's on community sites
Internet providers, their own sites or on iTunes."
In fact, content is currently scattered colorfully across the
network: CBS Content, for example, is available on the in-house website, but
also available on Yahoo and Google, iTunes cooperates with ABC, NBC and
MTV, and various Fox trailers were also shown on Vmix and Metacafe.
placed. "Online videos are in the Wild West phase. Nobody
knows which way to go," believes Michael Boland, analyst at Kelsey
Group. "The biggest challenge at the moment is content aggregation
and advertising."
Internet video services will continue to grow according to the
technology research company IDC into a mainstream medium
and achieve sales of 1.7 billion dollars by 2010.
generated mainly through premium services, which are
is to become. However, there is a risk here, says IDC analyst Josh
Martin that the content owners "already have existing
will cannibalize income models".
"Media people have little experience"
In an interview with WW, Alfred Tolle, CEO of Lycos, explains the role of
Advertising on Internet television and the importance of community sites.
WW: What kind of advertising will be integrated into Internet television in the future?
everything in one minute. Interactive media offer users the
opportunity to be creative with advertising, and many companies
will take advantage of this to present themselves in an innovative new way.
We at Lycos will soon be introducing video blogs.
WW:
Do the efforts of TV broadcasters to offer video content themselves via their websites pose a threat to the portals?
I don't think so, many media people still have little experience with
the Internet. So far, they have simply put their TV shows online,
but the longer the program, the better it looks on the
traditional television. It makes more sense to offer additional content
-series - especially for the Internet, which is not
then perhaps only takes five minutes, and this creates a
Connection of the viewer from both sites.
WW:
How important are community sites such as youtube.com or vmix.com?
Sooner or later they will be swallowed up by the media groups
become. Sites like myspace.com are often overrated, it is still
how this will pay off in the long term. One problem
is also that people can upload any content they want there,
This is difficult to control, and advertisers see this as a
critical. Prosumer sites are more promising,
These are young filmmakers, for example, who are not yet experienced filmmakers.
are professionals who are offered a platform. In Europe you stand
still at the beginning, but it will go in the same direction.
Gerti Schön