Facebook opened its first volley in the Content Wars (see: Apple vs Amazon vs Netflix vs AT&T/TimeWarner vs Comcast vs Disney vs FOX vs Verizon/Oath). Okay, it wasn’t THAT big of a shot in its bid to broadcast the Indian Premier League (Indian cricket matches) which it lost out to Rupert Murdoch’s Star. What’s interesting to note is that Facebook was looking at live content. Live content, the rule-of-thumb goes, is highly unskippable. Meaning that Consumers will watch the ads for fear of missing something that occurs. Additionally, the content is something that is preferred to be watched in that moment (no one likes to really see a replay of a game or have to avoid ESPN so as not to see the score of a game that they recorded). It also can be cheaper than building content for sitcoms or movies. Could their bid have been a primer for moving in on NFL broadcast rights that come up next year when Verizon’s mobile rights expire?
Not one to doubt the business instincts of someone like a Carlos Slim. Still a curious move to launch a network targeting the Mexican American audience. While all census projections show the US Hispanic population continuing to grow almost all also reflect a change in the sub-demographic showing that the percent of US Hispanics that speak Spanish is in decline due to a variety of reasons (e.g: acculturation, slowing number of immigration). That being said the network could potentially follow the route of having more cultural nuances or lead points that would be relevant for US Hispanic audiences while blending the languages between English and Spanish to make it more relevant especially for Millennials. https://www.portada-online.com/2017/01/20/billionaire-carlos-slim-to-launch-tv-channel-exclusively-targeting-mexican-americans/
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