Just a quick link to a pretty fascinating story looking at MySpace in terms of page views and how its inefficient programming causes it to appear much more popular than it really is (though, there's no denying that it is really fucking popular).
This seems like a very good companion to Paul Davis's blog from a few days back about social networking.
http://www.mikeindustries.com/blog/archive/2006/04/myspace-click-factory
Click the above for the story.
...I want to tear what little hair I have left out of my head when more than three tour dates need to be upped to Myspace at work. This has been getting a lot of play in the business press lately...the page views are worthless from an advertising perspective, because they are ridiculously overestimated and overvalued. Plus, not too many mainstream advertisers want to run the risk of their ads running on the same page as some emocore kid's blog about contemplating suicide. They must think the extraneous page views are worth something, it's not like newscorp can't afford to hire a couple of ajax coders.
All the same, I suspect Google Adwords will come in and save the day through their recent deal with Myspace, since apparently those are profitable, even though I have never clicked on one--or seen anyone else click on one--in my years on the Internet.
But still, can't help the feeling that it's already crested and is going to slowly--very slowly, mind you--fade away into irrelevance. Here's hoping, at least.
are you fellows really that concerned with how the major media outlets are covering another major media outlet? You may as well be discussing the business plan of the new network the CW, in my opinion.
Fox TV Hopes Viewers Stay Tuned, Online
By Chris Gaither and Dawn C. Chmielewski
Times Staff Writers
October 4, 2006
Recognizing that Major League Baseball may strike out with some TV viewers, Fox on Tuesday put several of its prime-time shows online to tide fans over while baseball playoffs preempt regular programming.
Fox executives said they hoped the Internet broadcasts of such shows as "Bones" and "Prison Break" would help viewers keep an interest in a show while it's off the air — and, potentially, win new fans. Toyota Motor Corp., Burger King Holdings Inc. and Lions Gate Entertainment Corp. will sponsor the programs, which will be repeats of this season's episodes.
Beyond Fox, the just-started fall television season marks a turning point for the major broadcast networks, which are blowing up their traditional business model as ratings erode.
ABC, CBS and NBC have moved many new series and prime-time favorites to the Internet, either in the form of $1.99 downloads or advertising-supported free streams.
The experiments stem from the recognition that huge audiences are increasingly comfortable watching videos on computers and mobile devices — and that advertisers are following.
"MySpace, in any typical 24-hour period, blows away any prime-time ratings you'd get on any broadcast network," said David Cohen, an executive vice president at ad-buyer Universal McCann. "There comes a point — call it a tipping point or whatever you'd like — at which it becomes an undeniable fact that the way we've been thinking about things and doing business for the past 50 years isn't the way we should do things anymore."
Television is still an enormous industry, pulling in about $60 billion in advertising revenue a year. That's more than triple all advertising spending on the Web.
But advertisers are increasing their budgets for the Internet much faster than for television as viewers discover the convenience of watching shows on computers and iPods. Plus, TV executives are realizing that the Internet unchains broadcasting from the traditional linear programming model.
"You can see the Fox people thinking through how to parallel program across the Fox properties," said Tim Hanlon, a senior vice president with Denuo, the media consulting arm of ad giant Publicis Group. "Ten or 20 years ago, going to baseball effectively blew a hole in your prime-time schedule. Now Fox is thinking more progressively."
For example, if someone would rather watch "Prison Break" than baseball, they can head online. The Fox shows are available on myspace.com/fox and on the websites of 24 affiliates, such as Los Angeles' KTTV-TV Channel 11, http://www.myfoxla.com .
"Networks' executives are starting to recognize that all this explosion of digital media and consumer control is not all bad," Hanlon said. "The flip side is there can be some very intriguing business models for good here. Prime among them is this ability to program across multiple platforms simultaneously."
Fox typically premieres new series several weeks before other networks, so viewers have time to get invested in the shows before they go on hiatus for the baseball playoffs, said Peter Liguori, president of entertainment at Fox Broadcasting.
He said he wanted to wait for feedback on the partnership with Fox Interactive Media, the News Corp. digital arm that oversees MySpace, before deciding whether to make online shows a permanent fixture.
"At this particular time I do not believe viewers perceive their computers as primary sources of broadcast television entertainment," Liguori said. "It augments and supports viewership."
Fox Interactive Media already sells digital downloads of 20th Century Fox TV shows and movies through its Direct2Drive website and is soon expanding the service to MySpace.
"We want to experiment with both downloading and streaming," Fox Interactive Media President Ross Levinsohn said. "We'll see if there is a winning business model at the end of the day."
Fox is the latest broadcast network to jump into the digital ring. CBS offers free streams of some shows on its Web video service, Innertube, and sells downloads of "CSI: Crime Scene Investigation" and other shows through Google Video, Apple Computer Inc.'s iTunes store and Amazon.com Inc.'s Unbox.
NBC Universal this season began streaming all of its new shows on nbc.com. Its television group sells more than 50 broadcast and cable shows on iTunes.
Marc Graboff, president at NBC Universal Television, West Coast, said the network was simply following its audience.
"The audiences are telling us all — just like they did with the music business, but they didn't want to hear it — that they want to consume this content on an on-demand basis," Graboff said.
Besides, new channels can build new audiences.
A survey of people who used ABC.com to watch full-length, ad-supported episodes of "Lost," "Desperate Housewives," "Commander in Chief" and "Alias" revealed that the online audience was, on average, younger than the prime-time audience — 29 years old versus 46 — and more educated. Most people watched the episodes within the first day of their broadcast, and the majority of those said they did so because they had missed the episodes when they aired on TV. Many also said they used it to sample new shows.
ABC deemed the trial a success and now offers seven prime-time shows free online, including popular shows such as "Lost" and "Grey's Anatomy" and four new series: "Six Degrees," "Ugly Betty," "The Knights of Prosperity" and "The Nine."
"In a world where everyone is very busy, in a world of [digital video recorders] and other alternatives, we want to make sure we provide a real, revenue-generating platform," said Albert Cheng, Disney-ABC Television Group's executive vice president of digital media. "We don't want to lose our viewers."
out now
Interestin'.
I read in the paper today that myspace has become an incredibly useful tool for schoolyard bullies (which isn't so far-fetched). I guess it's (my space) just a 21st century version of the "telephone game". Sad shit, but where there's people, there's bullies.