Yesterday at the NAPTE show TiVo CEO issued a call to action to the television business: get a new business model, or suffer the same fate as the newspaper.
I think he’s right, and I’ve got some ideas about what that model should be. I’ll be posting more on this, but the short overview is this: Television should respond to the exhaustive knowledge it has of our viewing habits, and create a model that trades value for engagement. I sketched this out a while back in my post “TV and Search Merge” but that was more than four years ago. A lot has changed, and I’ve learned a lot more about how marketing works. So look for another Friday sketch, tommorrow, outlining my more considered thoughts on the subject.