Digital Content: Resolving the challenge of generation and management in the new ecosystem
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Transcript of Digital Content: Resolving the challenge of generation and management in the new ecosystem
This document is offered compliments of BSP Media Group. www.bspmediagroup.com
All rights reserved.
DIGITAL CONTENT:RESOLVING THE CHALLENGE OF
GENERATION & MANAGEMENT
IN THE NEW ECOSYSTEM
BY
MAXWELL LOKONIGERIAN TELEVISION AUTHORITY
January 2015
Content
� INTRODUCTION
� MEGATRENDS IN DIGITAL BROADCASTING
i. Content Distribution on Multi – Platform
ii. Research
iii. Creating & Satisfying Demand
iv. Technology & New Media
� FUNDING
� LOCAL CONTENT & AGENDA SETTING
� CONCLUSION
� 2015 Finally here!!!
� Are we Ready?
� Digital Era will change the entire
broadcast landscape
� Stakeholders’ Collaboration
� Proactive Steps
Introduction
� The changing phase of broadcast media
�Explosion of channels following the arrival of DTT
�Various other platforms are now available
�OTT – delivers content over internet without the
involvement of Multiple-System Operator
� Non standardization of distribution format on the new
platform poses the greatest challenge:
� Rights Management-
� Advert Revenue
Content Distribution
On Multi - Platform
� According to Frontier Economics for International Chamber
of Commerce, “Digital Piracy will reach $250 billion.
�Will the law be that of the country where works are
uploaded or the country where it is downloaded?
�In Nigeria, the copy rights Act says that “The power to
develop and transmit content rests on the broadcasters”
�The digital era splits the role of the broadcaster into Content
Provider & Signal distributor – There is already a violation
�Traditional Inf & Comm channel has been mutated,
fragmented and diversified. No solution at sight.
Rights Management
� The advert revenue from Internet and Mobile
platforms are growing but remain marginal
�Not yet a serious threat but may be the case in the
near future.
�The Total Above-the-line advert expenditure in Nig
for 2013 was about N91 billion (Approx. $500mill)
�TV 53%
�Radio 17%
�Outdoor 18%
�Press 8%
�New Media 4% (Largely due to Non-
Standardization)
Advert Revenue
� Weak capacities to engage in public opinion &
audience survey. Reasons for the dearth in
content dev is largely due to insufficient research
� Ideas derives from creativity
� Need for in-depth research
Research
� What ever the medium, broadcasters will have to create compelling
content to demand attention of viewers
� Plan for the future, Not Present:
� The traditional TV audience is dwindling. Why? Contents now delivered
on different devices
�What the young people do now, must concern us because it would be
the mainstream in a few years time
�It is often said that Social Value could be more important than
Production Value as technology continues to evolve
Creating &
Satisfying Demand
� The mobile phone is not just part of us, but it is our DNA!
�At a recent marketing conference in Lagos, certain
revelations of a survey showed the power of mobile phone
has over our lives today.
�90% of mobile phone owners keep the phone within one
metre (24/7)
�60% take the phone to bed with them
�33% would rather lose their wallets than their phones
�20% would rather lose their wedding rings than their phones
�On the average, we look at our phone more than 150 times a
day.
Impact of
Mobile Phone
� The Evolution of broadcast technology: From single channel
to multichannel
� Deploying compelling content requires the right technology
� Traditional media often feels threatened by the New Media:
People now watch on their laptops, smart phones and
other devices this has encouraged the rise of Citizen
journalism
� Challenge for traditional media is to create content that can
catch attention and bring back the lost glory
� “Zero TV Homes”
�Unless broadcasters can adapt to media platforms, advert
Technology
& New Media
� If content is KING, then where is the money?
� How do we source Content?
•In-House
•Acquisition
•Commission the production
•Collaboration and co-production
� Access to funds an up-hill task for Content producers
� A need for an African Media Content Fund
Funding
Local Content
& Agenda Setting
� Prime Time: Family must come first
7.00-10pm. As the nucleus of the
society, the family is Central focus for
broadcasting
� The Nigeria example. (NBC) 2009
regulation
� Content as a premium tool in
behavioural change
� Agenda setting and the
Hollywood example:
� A broadcaster today has three functions:
1. A Content Creator or Provider
2. A distributor, rather like an Internet Service Provider
3. A Portal, or an aggregator, in the form of a channel
� Each of these functions could be reinvented: Broadcasters
might decide to provide only one of them, ditching the
others. They might become content provider, but with new
form of portal.
� They might decide to get out of content altogether and use
their broadcast bandwidth to push other people’s content on
a paid basis
What does ‘Broadcasting’
Mean in the future?
Conclusion
� Use Content to tell our stories ourselves and
change the narratives of Africa story
� How do you create this complete journey?
The broadcaster who can answer that
question will be the ones with the audience in
future.