Until recently, profit in the television industry went to the
owners of the conduit, the distributors of content. As the industry
enters the digital age, the distribution bottleneck will disappear
and be replaced by the content creators themselves. This book
explains patterns of profitability from the golden age of
television to the emerging digital age. Television today is not
just 500 channels: it is countless millions of hours of programming
stored on video servers around the world. For media companies
wanting to create value in this new era, including the major
networks, digital branding is key. Just as consumers manage to make
their way in 30 seconds through a 100-foot aisle jammed with
hundreds of boxes of cereal by reaching for a box of whatever name
brand product they know and love, viewers will also navigate
through the vast wasteland of content by returning to their
favorite digital brand.
This book provides detailed historical data, financial models,
and informed discussion of profitability trends in the industry. It
offers a framework for understanding and predicting profitability
and describes the nature of branding as it applies to the
television industry. It shows how a handful of dominant brands will
emerge as sought-after organizers of content. Investors, industry
consultants and executives, policy makers, students and academics
will all find this book fascinating and informative.
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