Twitter’s Makin’ Media

Sure, it’s a marketing ploy perfectly in line with one of Twitter’s most important advertising segments – entertainment. But Twitter’s Oscars Index is a well executed piece of media. It reminds me of the various executions FM used to do on top of Twitter, back in the day – ExecTweets with Microsoft, ATT’s Title Tweets and CupBuzz, etc. Worth checking out.

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The State of Digital Media: Passion, Goat Rodeos, and Unicorn Exits….

Earlier in the week I was interviewed by a sharp producer from an Internet-based media company. That company, a relatively well-known startup in industry circles, will be launching a new site soon, and is making a documentary about the process. Our conversation put a fine point on scores of similar meetings and calls I’ve head with major media company execs, content startup CEOs, and product and business leaders at well known online content destinations.

When I call a producer “sharp,” I mean that he asked interesting questions that crystalized some thoughts that have been bouncing around my head recently. The main focus of our discussion was the challenges of launching new media products in the current environment, and afterwards, it struck me I might write a few words on the subject, as it has been much on my mind, and given my history as both an entrepreneur and author in this space, I very much doubt it will ever stop being on my mind. So here are a couple highlights:

* We have a false economy of valuation driving many startups in the content business. Once a year or so, an Internet media site is sold for an extraordinary amount of money, relative to traditional metrics of valuation. Examples include The Huffington Post, which sold for a reported 10X annual revenues, and, just this past week, Bleacher Report, which sold for even more than that ($200million or so on revenues, from what I understand, that were less than $20mm a year).

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Predictions 2012: #1 – On Twitter and Media

2012 is going to be a year of contrasts – of consolidation of power for the Internet Big Five, and fragmentation and disruption of that power due to both startups as well as government and consumer action. I’ve spent the past few weeks jotting down thoughts for 2012, and hope to do the Year That Is About To Be justice in the following set of posts.

Yes, I said “set of posts,” because for the first time since the birth of this blog (that’d be nine years ago), I’m going to post my predictions one by one. Why? Well, because I’d like to dig in a bit on each. If I do it all in one post, we’d have a *very* long read, and most of you are just too busy for that. I don’t plan to release these posts slowly, I’m just going to write till I’m done, so ideally I’ll be done in a few days. And when I’ve finished, I’ll post a summary of them all, for those of you who want all these predictions in one easily linkable place.

So let’s start with Prediction #1: Twitter will become a media company, and the only “free radical of scale” in our Internet ecosystem. 

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Video as Grammar: The Supercut

As early as 2003, which was the first year I began writing this site, I wrote about the idea of “video as grammar.” By this I meant (and mean) that I foresaw a day when our culture communicated with itself using video much as we currently use text.

In order for this to happen, a number of things had to fall in place. First, we needed tools that allow for quick and easy “video processing” – we need the Microsoft Word for video.

Second, we need access to a large “vocabulary” of video that we could annotate, cite, cut, paste, and repurpose.

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