Skip to main content

TV Networks Missing the Internet Opportunity

Dow Jones reports on a puzzling story that leaves me wondering, why have the TV networks waited so long to place their own shows (or excerpts) on the web? It's as though the TV network executives are having the same kind of denial problem as their net-challenged music and film industry peers.

"Saturday Night Live" was the unlikely star of a recent spat over online piracy.

The show's rap parody, "Lazy Sunday," which expounded on the joys of watching "The Chronicles of Narnia" while eating cupcakes, became one of the most popular video snippets on the Internet, downloaded by millions of viewers. Soon after, another Saturday Night Live clip, this one featuring actress Natalie Portman in a profanity-laden rap, also gained a big online following.

The problem? The circulating clips were bootlegged. NBC Universal decided to put a stop to it by sending notices to Youtube.com, a video-sharing site that was hosting much of the traffic. But though Youtube.com complied, the problem hardly ends there.

The "Saturday Night Live" clips were just two out of more than 3,000 illegal files NBC has tried to remove from the Internet. Since the beginning of the year, NBC "has been engaged in the ongoing process of notifying viral video sites," said spokeswoman Julie Summersgill. In addition to Youtube, NBC also demanded that eight other sites take down pirated content.

"One of the reasons why media companies are now getting into broadband TV is to head off piracy," said Craig Leddy, a senior analyst at Points North Group. In other words, this is the excruciatingly slow approach that you take when you have too many lawyers, and not enough net-savvy marketing people.

Popular posts from this blog

Think Global, Pay Local: The eCommerce Paradox

The world of eCommerce payments has evolved. As we look toward the latter half of this decade, we're witnessing a transformation in how digital commerce operates, with a clear shift toward localized payment solutions within a global marketplace. The numbers tell a compelling story. According to Juniper Research's latest analysis, global eCommerce transactions are set to reach $11.4 trillion by 2029, marking a 63 percent increase from $7 trillion in 2024. This growth isn't just about volume – it's about fundamental changes in how people pay for goods and services online. Perhaps most striking is the projected dominance of Alternative Payment Methods (APMs), which are expected to account for 69 percent of global transactions by 2029, with 360 billion transactions processed through these channels. eCommerce Payments Market Development What makes this shift particularly interesting is how it reflects the democratization of digital commerce. Traditional card-based systems ar...