Live Commercials Will Save TV?
Vitaly Friedman writes "Entrepreneur Mark Cuban doesn't believe that traditional television advertising is dead, it simply needs to be more interesting. And what's more interesting than being live? From the article: 'It's no secret that the traditional 30-second spot has been losing much of its luster with advertisers. With the rise of other media options (videogames, home theater systems, Web surfing) on the one hand and the recent growth of DVRs like TiVo on the other, traditional television advertising has been feeling the squeeze. Broadcasting executives are struggling to figure out the economics of the new digital landscape, and have been willing to try just about any creative idea, such as TiVo's plan to replace old commercials with new ones when watching recorded shows.'"
How about no commercials would save TV? It's the commercials that people hate, so remove them.
TV needs people to watch it, and more and more people don't want to because of the ads.
If 24 is actually 18 hours long, that says something awful about how much advertising is on tv.
Ok, no ads, means no money for tv, so:
Why not reduce ads to a level at which they stop being so intrusive? Have a couple at fewer times and charge more. Make better TV to get more viewers and spots can become more expensive. Revenue could stay the same, and TV would actually improve.
If you want a road map of whats going to happen to TV, take a look at radio.
Sirius and XM are becoming more popular and from what I've seen, public radio is gaining an audience. People are abandoning commercial radio because now there are alternatives! The same will happen to TV, take note!
-Ponga
Every time I read an article on this subject, someone is hypothesizing that in the next release TiVo may kill the ability to skip commercials altogether. I can't think of anything to be less afraid of. If TiVo did that, TiVo would vanish overnight and we'd all be watching Myth TV or any number of other PC based solutions.
So what's the solution for the TV networks?
There's only one "killer" solution for the TV business, and its been around for a long time: Its called "Pay Channels". (Or paid digital downloads as the case may be). And its the future, whether you like it or not.
The advertising model as we know it will cease to exist.
Product placement is a fantasy. It will never carry the same level of messaging, or command the same revenues. The networks will try to push it, but the advertisers don't think they're getting their money's worth, and the viewers will just be increasingly disgusted.
The answer is "Pay for it" and its already here
------ The best brain training is now totally free : )