Film Friday: Power to the Theaters

A Certified Fresh logo.In the good ol’ days, content was king. Producers and publishers thrived off of the complexity, scarcity, and cost of generating and distributing entertainment. Very few people could publish a book, record an album, or produce a theatrical feature film. Times have changed. Through the commodification of consumer production tools and publishing platforms, content generation and distribution are easier than ever. The result? Far too much noise. Public discourse is completely cluttered by personal voice. To whom should you listen?

Ears and eyeballs are in high demand. Seth Godin said, “We don’t have an information shortage; we have an attention shortage.” Content is no longer king. Attention is king. Those who command the respect of the masses command the value of entertainment product. Content Producers are less powerful than ever. Content Curators, like companies and critics who drive discoverability and promote entertainment traffic, are taking the cake. Warner Bros. demonstrated a progressive value in discovery platforms through the purchase of Flixster and Rotten Tomatoes. Systems like Netflix, Pandora and YouTube that navigate consumers through targeted entertainment are dominating the market. As the library of public content continues to grow, so too will the value proposition of these companies.

Platforms are the near future. Traditional theaters need to wake up and smell the opportunity. As it stands, film exhibitors are little more than the leashed pets of the movie business – completely at the whim of their masters. If theaters take liberties to curate, program, and leverage alternative product against the studios, their value to the average consumer will increase tenfold. The quality of entertainment will increase, revenues will increase, and cultural sophistication will increase. Theater owners know their communities well and should play an active role in curating entertainment. Curator Exhibitors (theaters) need to earn the respect of local audiences by consistently screening top-notch entertainment and communitizing outside Hollywood.

Film Friday: Production Value Can Go To Hell

I talk to a lot of filmmakers, artists and business people who dissuade themselves from a venture or project simply because they lack the resources necessary to create a product with “high production value.” I cannot tell you how many films have not been made because producers and directors could not secure the equipment or style they wanted. “It wouldn’t be professional enough!” “It wouldn’t look like a real movie!”

Well, let me tell you something – who gives a damn? Do you think YouTube has become the entertainment monstrosity it has because of high Hollywood-class production value? Hell no. YouTube has exploded because it highlights genuine, human entertainment. Raw, real, honest. Not polished, impersonal shlock.

Pick up a camera (any camera, your cell phone counts) and go tell a personal human story. If you can’t do that, it doesn’t matter how much money or production value you have because NO ONE WILL CARE. Production value is just a cover-up for fear or undeserved elitism. Sure, quality can be important. But story is more important. Get off your ass and go tell your story.

Do not let production value get in the way of your creative expression.

Film Friday: Making Money on YouTube

To start making money on YouTube, you need to become a YouTube Partner.  To qualify, you need to consistently add content, build a subscriber base and drive a large volume of traffic. If you do not already, good luck.

While actual partner revenue statistics are kept private, you can roughly estimate that content creators are only making $1 per every thousand views on YouTube. At best, Rebecca Black has made $90,000 on “Friday” (not bad, but you can never expect to drive 90 million views to your videos – and you usually have overhead costs to cover like production gear and talent). But even that $1 per thousand estimate is high and often unrealistic depending on which adds are associated with your content, how often your visitors click on them, and how viral your content is.

The short answer is that your prime source of revenue will NOT come from YouTube itself. Major online video players are getting clever with product integrations, partnerships, freemium models, and much more to help print the bacon. Our entire new media division currently lives on front-end agreements with large brands.

Plan to make money with online video? Get creative.

Film Friday: How to Listen to Your Audience Online

In digital filmmaking, you have many tools at your disposal to help better-understand the work you create.  The Internet offers an unparalleled platform for distribution and audience feedback. It is easier than ever for audiences to actively and passively communicate what works and does not work about your film.

A under-utilized and invaluable tool for filmmakers looking to grow through their body of work is YouTube Hot Spots (available in the insight section for “My Videos”). These graphs map audience attention to your videos throughout their duration by tracking drop-out rates, mouse clicks and rewinds. You are able to pinpoint moments in your video that are more or less successful than others.

A year ago, I posted a comedy music video called Cocaine Crazy. While it only has 8,000 hits, those impressions shaped an extremely informative portrait of successful and unsuccessful aspects of the video.

 Cocaine Crazy Hot Spots

  • The opening skit was the least successful attention grabber (a large mistake considering the opening is key to hooking web audiences from frame one).
  • The choruses became redundant as the video went on (except for the second half of the third chorus when cocaine started to fly everywhere).
  • The joke and rhyme-packed verses anchored the video and had high rewind power.

Self analysis is invaluable. No where else have I seen a tool that can tell you when moments are dragging, redundant, funny, not funny or downright failures. More often than not, this data will merely support intuition. But in a few instances in my career, this data has redefined major structural changes to development material.

Pay attention to your audience.