ONLINE VIDEO
By: Richard Clodfelter and Matt Reed
Online Video Industry
Video Sharing
Video Search
Video Commerce
Video Editing and Creation
Video Streaming
Sub-Industries
Video- YouTube
Music- Music Video
Social-Media- Facebook Incorporates YouTube
Media Advertising- Google Video Advertising
ONLINE VIDEOVEVO
VEVO
VEVO is a music video website. It is a joint venture between Sony Music Entertainment, Universal Music Group, and Abu Dhabi Media with EMI licensing its content to the group without taking an ownership stake.
The videos on VEVO are syndicated to YouTube, with Google and VEVO sharing the advertising revenue.
VEVO structured themselves after Hulu, instead using music videos rather than T.V. shows.
Like Hulu, VEVO content is very limited globally.
VEVO aims at attracting high-end advertisers
Non-optional Advertisements tend to bother viewers
Major Players
Yahoo Facebook Microsoft YouTube MTV Hulu
VEVO vs MTV
The companies have been working on a deal to syndicate videos
MTV is partnered with the Warner Music Group
VEVO plans on entering the television market to compete with MTV networks
MTV
Offers a wider of variety of options other than music video
Large portion of their revenues comes from television
Online Video
Background
Founded in Feb. 2005 by three former PayPal Employees
In November 2006, YouTube was purchased by Google Inc. in one of the most talked-about acquisitions to date.
YouTube allows people to easily upload and share video clips on www.YouTube.com and across the Internet through websites, mobile devices, blogs, and email.
YouTube is now the leader in online video and the ultimate destination to watch and share videos worldwide through an online Web experience.
Features Video embedding: Users can insert a YouTube video
into Facebook and MySpace, blogs, or other Web sites where anyone can watch them.
Public or private videos: Users can elect to broadcast their videos publicly or share them privately with friends and family upon upload.
Subscriptions: Users are able to keep track of their favorite users' new videos.
Record from Webcam: Users with a webcam and Flash software are able to instantly record video responses or normal videos onto the site rather than having to prerecord and then upload the video.
TestTube: This is an area where YouTube engineers and developers conduct alpha testing for new features in development. Users are encouraged to participate in the development process and are welcome to evaluate the feature.
Competitors
Hulu- TV Shows/Movies "Hulu"
Vevo- Music "Vevo“
MetaCafe- Music/Video/Entertainment "MetaCafe"
Domination in U.S.
Promoting and Advertising
Promote Your Content on YouTube
Advertise Next to YouTube Content
Resources for Advertising
Partnerships and Promoting
Conclusions
Technology Innovations: Staying On Top On July 21, 2009, users can now upload 3D videos.
Social Impact: Wide range of topics covered by YouTube has turned video sharing into one of the most important parts of Internet culture.
Market: The interface of the website is available with localized versions in 24 countries and a worldwide version.
Recommendations
VEVO dominates the online music video market
They are limited to this specialized area YouTube is the overall dominant force of
general online video