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Original post by LessBread
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Original post by Oluseyi
Hulu is making money hand over fist.
How much is that? Can you put a number to that or is that just a feeling you have?
They don't release numbers, but they're doing quite well. I've only heard whispered figures.
Hulu doesn't have the bandwidth requirements that YouTube does because it hosts less content - only professional content from its partner sites, as opposed to the "all the world's burping baby videos" strategy of YouTube. This means lower cost. Then Hulu can place ads on every single video it has, because advertisers have guarantees about the nature of the content - something YouTube can't do ever (the hope of being able to algorithmically match advertising messages to videos scares advertisers; what if your ad ends up next to something offensive or controversial?), and on longer content it actually places multiple ads. So the combination of lower overhead, greater inventory and better rates means of all the video sites, Hulu is making the most right now.
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So you're saying that television stations won't sell advertising because they can't guarantee the time or the viewers and that even though they're dead they'll be able to generate content? It's hard to tell, because you seem to be answering a different question than the one I posed.
I'm saying television stations won't sell advertising because television stations won't exist. If your content is entirely on-demand via an internet connection, why are you switching to channel 3 again? What does "channel 3" even mean in that context?
No, television stations don't become sites. Nobody wants to have to browse different sites or discover and subscribe when they're sitting back at the television. It's just a bad user experience. The cable operator becomes the sole site, managing your subscriptions and preferences and funneling you recommendations. IP TV is individual shows, regardless of the originating production body. You'll be able to queue up CNN, FOX News and ABC World News as a block of programming that you watch when you get home, if you want, rather than channel surfing between the three at the same time. Television stations become production houses, and instead of spending money operating broadcast stations they spend their money producing higher quality content in order to drive traffic and a better revenue split with the cable operator.
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I was not a Seinfeld fan, so I didn't see the finale. I did watch the finales of Cheers and MASH. I've also watched the Super Bowl every year since, gosh, 1976? Let's just say for a really long time. It seems to me that the end of "live events" presents a terrible problem for televised sports.
It also seems to me that the whole country watches national tragedies at the same time - space shuttle disasters, 9/11, Katrina etc.
And they will. While the bulk of viewing will likely be pre-recorded, asynchronous content, IP technology allows for live streaming - like all the sites that let us watch the Inauguration on our computers this year, for instance. (Incidentally, I most enjoyed FOX News' coverage on Hulu.)
Say you're watching some gripping History Channel documentary and a disaster occurs. All news-gathering organizations will immediately begin publishing live feeds with coverage. If you have a priority list of news sources set up, you will be notified of their availability in cascading order from highest rated to lowest. If not, you may receive multiple notifications that "Such and such has just happened! Press SEL to learn more."
You press the SEL button. Your current stream is stopped, with your position marked. The live stream corresponding to the source you've chosen loads.
Voilà, live coverage.
(Alternately, your stream may not be stopped immediately, but instead shrunk to 25% of the screen while information about the event and available streams occupies the other 75%, allowing you to decide whether you wish to switch streams and which stream you wish to switch to.)
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I disagree with your reasoning here. I channel surf because I don't want to watch commercials. I suppose, however, that when I know what's on now, I don't surf, so much as I switch back and forth between shows hoping they don't have their commercials synchronized.
So earlier we discussed the fact that you could have absolutely no commercials in your stream, or only select commercials - and you could possibly select how frequently you wish to see commercials, on a tiered basis, in return for paying less. When avoiding commercials is no longer a concern, and you don't have to switch back and forth between shows because
missing shows is a thing of the past, since you can just queue it up when you're ready, why would you channel surf?
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I should say, however, that channel surfing is positive if it leads people to watch shows they would not ordinarily watch. In that, it has the potential to broaden horizons. It's difficult to know if you're interested in something if you haven't seen it before. This points out a downside to content immediacy. It easily leads to narrow tastes. And when it comes to "crowdsourcing", I've always been skeptical of it as a marketing ploy, so I generally ignore it.
"Crowdsourcing" isn't about marketing. It's about capturing closer approximations of general trends and tendencies. That approximation is generally used to drive marketing, but in a fashion that isn't about a content publisher enticing you to consume a specific product but rather an intermediary suggesting additional content you might be interested in. It's YouTube "Related Videos" vs "Coming Up Next..."
Instead of relying on a station programmer who says, "People who watch this station like these shows. Nielsen tells us so!", the recommendation engine can drill down to as obscure a datum as it can find, and employ as many variables as it can manage to cross-index stuff you've watched, stuff you've subscribed to, and stuff that other people have watched and subscribed to to suggest other stuff you might want to watch or subscribe to.
But, hey, even if you "miss" it - which is an anachronism, since it doesn't play until you queue it up, ever - you just need to hear about the show via word of mouth and then you can watch it from episode 1, whenever you're ready.
So many of the base assumptions about television viewing habits are rooted in the fact that it's been a synchronous activity with an opportunity cost of "missing something." Take that out of the equation and habits change entirely.