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Time Warner Will Spend $100 Million On Snapchat Original Shows, Ads (techcrunch.com)

An anonymous reader quotes a report from TechCrunch: Time Warner and Snap Inc. have announced a new deal that will bring increased ad spending and the development of new made-for-Snapchat shows. People familiar with the deal tell TechCrunch that it is valued at about $100 million spent over the next two years. The newly created shows will span a variety of genres, including scripted drama, daily news shows, documentaries and comedy. The shows will be similar to those already released by other networks on Snapchat, and run 3-5 minutes in a vertical format. Right now there is about one new show airing per day -- this deal will push that to about three news shows per day, varying between the different genres outlined above. Snap will take 50 percent of the ad revenue generated by these shows and the content partners will keep the other half, according to the WSJ.

40 comments

  1. Time Warner invests into Snapchat? by Anonymous Coward · · Score: 1

    So does this mean that Snapchat is dead?

    1. Re:Time Warner invests into Snapchat? by Opportunist · · Score: 2

      Maybe not yet, but Time Warner is for show franchises what EA is for game franchises: It's where they go to get milked, ripped, plundered, drawn and quartered. And then they slowly die and fade into a merciful memory of how good they were before they were butchered.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  2. There are shows on snapchat? by Anonymous Coward · · Score: 1

    I had no idea.

    1. Re:There are shows on Snapchat? by Anonymous Coward · · Score: 0

      How long is the average youtube video?

    2. Re:There are shows on Snapchat? by Anonymous Coward · · Score: 0

      How long is the average youtube video?

      Thank you for pointing out how utterly fucking pointless yet another video sharing portal is.

    3. Re:There are shows on Snapchat? by Anonymous Coward · · Score: 1

      Are you saying youtube is pointless? Because there are plenty of people making money from youtube shows, and plenty of people enjoying watching them. The percentage of good stuff may be small, but when you've found some good channels to subscribe to, it's pretty good.

      Or are you saying it's pointless anyone trying to compete with youtube? In which case, probably true, but you can't expect other companies to just bow out and leave the field clear for Google. If youtube is working, snapchat or whoever has every reason to make a play for some of that market.

    4. Re:There are shows on Snapchat? by Anonymous Coward · · Score: 0

      aww.. you know.. stuff... like, what's happening on snapchat... and, like... uh.. okay, i got nothing. i went to youtube to look up what snapchat's like and i couldn't watch more than ten seconds of it. vapid doesn't even begin to describe it.

    5. Re:There are shows on Snapchat? by Opportunist · · Score: 1

      Including or excluding ads?

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    6. Re:There are shows on Snapchat? by Opportunist · · Score: 2

      Quite the opposite. With YouTube tightening the screws, we need MORE not LESS diversity in the market. We need MORE options, not FEWER.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    7. Re:There are shows on Snapchat? by Anonymous Coward · · Score: 0

      Ads on Youtube? That's a horrible idea. I hope it never happens.

  3. What the hell is snapchat by Anonymous Coward · · Score: 0

    And why do I care?

  4. Time Warner = AT&T by Anonymous Coward · · Score: 0

    ATT owns Time Warner. More monopolistic crap.

    1. Re:Time Warner = AT&T by gfxguy · · Score: 1

      Not yet...

      --
      Stupid sexy Flanders.
    2. Re:Time Warner = AT&T by Anonymous Coward · · Score: 1

      it's a done deal. who in this administration is going to deny at&t's dream of crushing competitors and gouging customers?

      and of course they're going to invest in mobile-only, at the 'suggestion' of their soon-to-be-parent, i'm certain.. anything to get you to spend more time on your phone sucking down precious cellular-delivered, capped and throttled and overpriced, bits.

    3. Re:Time Warner = AT&T by gfxguy · · Score: 1

      I'm not saying it won't happen, I'm saying it hasn't happened yet. They are both large companies, and they operate in many countries besides the U.S. - and every country they both operate in has to approve. It will happen, just not quite yet.

      --
      Stupid sexy Flanders.
  5. Get hip with the youngsters!! by Anonymous Coward · · Score: 0

    Hey youngsters, are you hip, are you "JIVE"!!!! Well this is the hippest most happenin thing ever!! Grab your yo-yos and check it out!

  6. Still havent learnt from AOL Time Warner by Anonymous Coward · · Score: 0

    Another waste of money.

  7. There are shows on Snapchat? by Anonymous Coward · · Score: 1

    Snapchat is a messaging app so why would there be shows on it. It says that the shows are going to be 3-5 minutes long, what are you going to talk about/cover in that amount of time?

  8. Will the shows feature by Anonymous Coward · · Score: 0

    ...characters vomiting rainbows?

  9. in a vertical format by Anonymous Coward · · Score: 1

    >3-5 minutes in a vertical format

    Who wants this?
    Dispossessed Vine viewers?

    1. Re:in a vertical format by DontBeAMoran · · Score: 1

      Vertical Videos. They're no f&#@ing good.

      --
      #DeleteFacebook
  10. vertical format!? by Anonymous Coward · · Score: 0

    in a vertical format

    OK, young people, we need to have a talk about "vertical format".

    1. Re:vertical format!? by Opportunist · · Score: 1

      "Vertical format" is usually short for "I'm too dumb to rotate my cellphone 90 degrees".

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    2. Re:vertical format!? by DontBeAMoran · · Score: 1
      --
      #DeleteFacebook
  11. In other related news... by geekmux · · Score: 4, Insightful

    ...yet another monopolistic mega-corp demonstrates the financial benefits of ripping off customers for years, and is looking for creative ways to re-classify said revenue as a "business expense".

    (If this is actually being viewed as an investment, they should fire the idiot trying to sell that idea.)

    1. Re:In other related news... by Robert+Goatse · · Score: 1

      Seriously. What a dumb idea. Is anyone over 15 years old even on SnapChat?

  12. Snapchat and other elective time wasters... by aicrules · · Score: 3, Interesting

    So there had been a time where instead of watching random TV I would instead watch random YouTube videos. Then I joined Facebook and instead spent those minutes there. Then Facebook did this really annoying thing with their videos where they randomly start an ad in the middle. So I decided to poke around SnapChat's "discover" which is now loaded with a combination of recent events and mindless "entertainment". Their ads are 10 seconds and you can skip them just like you can skip any snapchat. However, the content really is...oh so terrible. I have no idea why I ever go there. Why am I even admitting that I do? Hopefully they have metrics that show people will give a shit, because I am really skeptical that this is a good platform for truly original content versus the rehashed 10 second blips that are there now. I mean...I'm certain that I'm a couple decades removed from their target demographic, but my daughter is and she never, ever goes to that area of snapchat.

    1. Re:Snapchat and other elective time wasters... by houghi · · Score: 1

      I am still with YouTube. Subscribewd to around 200 channels. That means in reality about 2-3 hours per day. Sometimes more, sometimes less.

      I get the new shows via RSS (Go to the 'Manage Channel' and download the RSS links) I then open them with an adblocker and watch them.

      No random content. No ads. I could easily automate it further by downloading the files, but for now it is ok. Sometimes I ad channels and sometimes I remove some. Around 200 is what I can manage on a daily basis. Not all of them are active. Some have 1 video per month or so. Others are daily. It ranges from 2 minutes to 1 hour.

      I have Facebook blocked via DNS, so I can not even go there by accident. Using my own DNS gave me also access to The Pirate Bay that is blocked her in Belgium on DNS level. I have no intention in watching anything on my phone, so Snapchat is not an option.

      Obviously no cable anymore as that was money paying for ads, so no thanks.

      But the RSS feed is great.

      --
      Don't fight for your country, if your country does not fight for you.
  13. What the fuck is a "news show"? by Anonymous Coward · · Score: 0

    From the blurb:

    > this deal will push that to about three news shows per day ...but what /is/ a "news show"? Is it real, or fake?

    I must say I'm not in the least surprised by that "fake news" torrent we're witnessing. We've seen a clear degradation before, with this "content industry", which just poured "content" out there like manure (at the same time pretending it was very valuable, like gold).

    Modern alchemists, turning shit into gold. Or just modern fraudsters, selling shit as gold.

    1. Re:What the fuck is a "news show"? by Opportunist · · Score: 2

      Old Soviet era jokes suddenly becomes topical, episode 122:

      Why do we need two papers, Pravda (The Truth) and Izvestia (The News)?
      They share the burden of informing the masses. Because there is no news in Pravda and no truth in Izvestia.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    2. Re:What the fuck is a "news show"? by Anonymous Coward · · Score: 0

      You have a point there :)

  14. I really Wish... by sycodon · · Score: 2

    ...they'd spend a hundred million on their network infrastructure.

    --
    When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
    1. Re:I really Wish... by MachineShedFred · · Score: 1

      All companies named Time Warner are not Time Warner Cable. In fact, Time Warner Cable isn't even Time Warner Cable anymore - it's "Spectrum" after their merger with Charter Communications.

      --
      Slashdot still doesnâ(TM)t support Unicode after it was added to the HTML standard in 1997.
  15. Vertical Format by Anonymous Coward · · Score: 0

    You mean the format stupid iphone users plague youtube and facebook with? LOL keep it

  16. Yay for vertical video! by caseih · · Score: 2

    Nothing like watching video through a crack in the door.

    I've always wondered why cell phones don't force the aspect ratio to be normal (a bit of cropping perhaps) when the camera is vertical. Aren't the sensors much closer to square anyway (like 4:3)?

  17. Snapchat shows? by Cro+Magnon · · Score: 1

    Never heard of them. Do you watch the show and then it disappears?

    --
    Slow down, cowboy! It has been 4 hours since you last posted. You must wait another few hours.
  18. Wow! Who is running the helm here?!? by Anonymous Coward · · Score: 0

    $100 Million! In conjunction with Snapchat!

    That's so mind-bogglingly absurd, that I really have to wonder how insane the C Board is.

    Do they not know how far $100 Million, hell even a quarter of that, in infrastructure improvement would go?!?

    Right. I forgot. They literally, don't care. Only up to the point where they actually start getting competition...

    Oh, and btw... Screw 'Spectrum' as well!

  19. 30 rock? by rogoshen1 · · Score: 2

    Sounds like that plot line from 30 Rock (programming for your mobile phone), which at the time seemed ludicrous.. has become reality.

    Yet oddly enough, is still just as silly today as back in the mid 2000's when it aired.

  20. TOR by DrYak · · Score: 1

    sing my own DNS gave me also access to The Pirate Bay

    An alternative would be to use TOR, and use PirateBay's .onion address : http://uj3wazyk5u4hnvtk.onion/

    --
    "Sufficiently advanced satire is indistinguishable from reality." - [Tips: 1DrYakQDKCQ6y52z6QbnkxHXAocMZJE61o ]
  21. rolling eyeballs by Anonymous Coward · · Score: 0

    absolutely stupid idea and a waste of money and users time. This is what we have become?