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	<title>HipMojo.com</title>
	<link>http://watchmojo.com/web/blog</link>
	<description>Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&#038;A, Financing, VCs</description>
	<pubDate>Sun, 22 Nov 2009 13:53:08 +0000</pubDate>
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		<title>Big Media Still Looking for a Clue</title>
		<link>http://watchmojo.com/web/blog/index.php/2008/05/14/big-media-still-looking-for-a-clue/</link>
		<comments>http://watchmojo.com/web/blog/index.php/2008/05/14/big-media-still-looking-for-a-clue/#comments</comments>
		<pubDate>Wed, 14 May 2008 15:05:56 +0000</pubDate>
		<dc:creator>Ashkan Karbasfrooshan</dc:creator>
		
		<category><![CDATA[Internet &#038; Web]]></category>

		<category><![CDATA[Video]]></category>

		<category><![CDATA[Magazines]]></category>

		<category><![CDATA[Newspapers]]></category>

		<category><![CDATA[TV Networks]]></category>
<category>Internet &amp;#038; Web</category><category>Magazines</category><category>Newspapers</category><category>TV Networks</category><category>Video</category>
		<guid isPermaLink="false">http://watchmojo.com/web/blog/index.php/2008/05/14/big-media-still-looking-for-a-clue/</guid>
		<description><![CDATA[I was toying with the idea of publishing a piece ranking the media companies with how entrepreneur friendly they were.  You know, giving each one a scorecard with both how easy it is to work with them as a startup that plays in their ecosystem, along with trying to strike business and corporate development relationships.
Of [...]]]></description>
			<content:encoded><![CDATA[<p>I was toying with the idea of publishing a piece ranking the media companies with how entrepreneur friendly they were.  You know, giving each one a scorecard with both how easy it is to work with them as a startup that plays in their ecosystem, along with trying to strike business and corporate development relationships.</p>
<p>Of course, it would be pretty foolish for me to do that, for one, it opens up the kimono a bit too much, but more importantly, what is trying to be constructive criticism and feedback would be misconstrued as a public flogging.  So, I scrapped that idea&#8230;</p>
<p>However, I did want to make a general observation about the state of confusion and in some cases, disarray, at big media companies who have - in the past few quarters alone - made a lot of changes and 180 degree shift turns with particular regard to their video strategy, or lack thereof.</p>
<p>If you:</p>
<p>a) work at a big media company,<br />
b) are reading this,<br />
c) are thinking I am talking about you [alone].</p>
<p>I&#8217;m not, I swear.  You&#8217;re not alone.  Pretty much every company out there is shifting people around from department to another as if they were trying to maneuver in a crowded, confusing and cacophonic orgy.</p>
<p>In fact, last year, pretty much every company out there was mapping out a &#8220;build&#8221; strategy for video capabilities for <u>content</u>, and they are not moving towards a content sharing or outsourcing model.</p>
<p>In <u>technology</u>, people are delaying the investment in platforms because they are unsure of the business prospects, let alone the model that will prevail.</p>
<p>While search was different that content in that the former is technology-based and out of big media&#8217;s element, video is in fact a core competency, yet the inability of most big media companies&#8217; to form - let alone accelerate - a strategy in this high-growth but uncertain segment might prove a bigger weakness and risk than search ever was.</p>
<p>The problem stems from one simple reality:</p>
<p>- TV-centric media companies look at online video as cannibalistic, but reluctantly get into it because they need to have a low-cost, agile, made-for-web strategy.</p>
<p>- Print-centric media companies look at online video as incremental, and see it as salvation and retribution for missing out on Web 1.0 media opportunities, which were largely text-based, and which were as cannibalistic to them as online video is to TV-centric media companies.  The problem?  These companies lack the know-how and DNA to do this wisely.</p>
<p>Again, I swear I am not talking about - or to - anyone in particular&#8230;</p>
<p>Of course, big media ain&#8217;t alone, big tech is knee-deep in <a href="http://www.alleyinsider.com/2008/5/youtube_s_goog_secret_ad_plan_revealed_buzz_targeting_" target="_blank">video</a>, too, and it&#8217;s still trying many things.</p>
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