The Coming: Online TV
FRANCE: "Are you ready?" was the message from the world's
first TV-quality online TV network, delivered at this week's MIPCOM
audiovisual trade show.
The network, Joost, launched this month just ahead of a clutch of
competitors that include Italy's Babelgum, offers legal rather than
pirated entertainment for free, but raises new questions about what this
will mean for the massive TV business.
"The Internet will start off showing traditional entertainment but
eventually users and content creators will use the capabilities of the
Internet to create some amazing entertainment," said Mike Volpi, who
heads up Joost.
Many mighty Internet operators, such as AOL, MSN and Yahoo are
investing heavily in making their own TV shows.
Media giant News Corp has spent a fortune buying into massively
popular Internet social networking site MySpace, and has launched
MySpace TV, which will be available in over 12 countries.
And telecommunications companies around the world are investing in
IPTV television packages packed with satellite TV shows, as well as
video-on-demand that customers can watch on their sitting room TV sets,
and pay for in their telephone bill.
The TV and digital media industries are right to be concerned,
experts said at MIPCOM this week, as no one really knows how the current
explosion of new ways to watch and interact with television will evolve.
But everyone remembers how the Internet quickly changed everyone's
lives. Volpi said over two million users had already downloaded the
Joost application needed to use the fledgling TV service, which has been
recording more than 100,000 downloads a day since it started on October
1.
But "it's early days," Volpi cautioned, adding that the length of
time users were staying on the channel varied enormously from region to
region -- though it was upwards of 20 minutes.
In the US, TV fans were opting for comedy and sci-fi, while in Latin
America, and Brazil in particular, music videos were tops. Europeans
were going for full-length feature films. Volpi said Joost aimed to
remain a free service funded by advertisements and hoped to attract more
creative, interactive ads.
As to content, he said users could look forward in the future to
big-branded TV series as well as a vast library of older TV shows along
with the mass of user-generated content on services like YouTube.
Cannes, Sunday, AFP |