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Cord Cutting: Creating Media Experiences that Matter in an Age of Content Overload

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Page 1: Andrew Smith - Cord Cutting: Creating Media Experiences That Matter in an Age of Content Overload - Seattle Interactive

Cord Cutting: Creating Media Experiences that

Matter in an Age of Content Overload

Page 2: Andrew Smith - Cord Cutting: Creating Media Experiences That Matter in an Age of Content Overload - Seattle Interactive

Andrew Smith Director of Product

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TV is AWESOME

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* Source Digital TV Research

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According to a recent survey, nearly a third of all households subscribe

to a streaming TV service like Netflix, Amazon Prime Video, or Hulu

* Source GfK’s 2016 Ownership and Trend Report

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Among households headed up by those in the 18-34 demographic,

35% have canceled or never had Cable.

* Source GfK’s 2016 Ownership and Trend Report

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Almost 1 Million people canceled cable in the second quarter of

this year.

* Source GfK’s 2016 Ownership and Trend Report

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What does this mean?

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More Apps!

Video Apps on TVs

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More Apps!

Movies and TV Shows in mobile apps

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The Paradigm

Lean Back (10 ft)

Desktop (2 ft)

Mobile (1 ft)

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The Original Live TV UI

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Back to the 90s

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2016!?

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On-Demand Video, V1

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On-Demand Video, V2

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On-Demand Video, V3

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On-Demand Video, V4

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WHY SO LITTLE CHANGE?

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It’s Not Easy

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And it’s especially hard to do this everywhere

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3rd Party Platforms will Help…

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…To make things the same

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…To make things the same

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…To make things the same

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It’s OK.

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* Source Activate, Tech and Media Outlook 2016

Millenials Gen X Boomers

56%

74%

83%

Percentage of viewers who binge watch

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Where do these viewers want to binge watch?

* Source Activate, Tech and Media Outlook 2016

Millenials Gen X Boomers

3%7%

14% 11%14%

26%

86%79%

60%

Mobile/Tablet

Desktop/Laptop

TV

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Discoverability“I want to watch

something tonight”

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Is this the TV we wanted?

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SearchSearch

“Star Trek”

Choose Channel

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Voice UIs

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The Commoditization Trap

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Content

Less is more.

Control is Key

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Merchandising

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Merchandising

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Merchandising

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New Paradigms

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Despite the inertia in traditional media, the world is changing

under our feet

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From Appointment Viewing

…to Invitation Viewing

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Daily Views

Superbowl Youtube Facebook Snapchat

165M

5 Billion

8 Billion

10 Billion

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Redefining a “View”

5:00 :30 :03 :01

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Redefining Live

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Redefining Live

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Redefining Live

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Redefining Social

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Ambient Consumption

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Passive Music Consumption

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Short Form Long Form

Simple Production

High Production

Stories

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LiveOn-Demand

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Solitary Shared

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Product Design is Critical

* Business Insider/App Annie

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Video Experiences as Product

* Business Insider/App Annie

Wide Distribution Movies: $100 Million / Hour of content

Game of Thrones: $10 Million / Hour of content

If your KPIs are hours streamed/month, daily active users, and retention, for what kind of

content would you optimize?

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The Future Will be More Fragmented

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Traditional Media Distribution

One Title Many Channels

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What will the media company of the future look like?

Products and media properties native to the delivery channels and usage

modes.

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ROOSTERTEETH

Movies

Premium TVOn-demand serial Podcast

Livecast

Short-form

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Thank you.

@azsmith [email protected]