Wednesday, 25 January 2012

Media in the Online Age Essay


Media in the Online Age

What has been the impact of the internet on media production?

Media production has transformed in recent years, with the majority of old media like newspapers, films, music migrating online.
Firstly newspapers have made the transition from traditional print based media to online; this has had a significant impact on the very survival of this traditional news based institution. As Clay Shirky suggested media would eventually migrate online, this is a notable assumption that is supported with the evidence that in contemporary society most people are internet connected either through computers or smartphones, which makes access an easy and quick resource. This also means that audiences have the opportunity, to contribute online, which has led to the change in their position, from consumers, to producers.
The film industry is another good example, of how the internet has had an impact on production; Netflix in particular has made the tremendous leap into the online age of film, and has made substantial profit from streaming films into the homes of subscribers. This streaming service comes at a fixed monthly price, and offers an unlimited number of films available to customers, which can be downloaded through game consoles, laptops, or just about anything internet connected. It also has zero distribution costs, as the products are transferred via the internet for free; this is the key point about this online company. Profits are high because production and distribution services are completely cut out, and only payment for the copyright of the films is needed, therefore the revenues are extremely high, as long as there is a market. This relates well to the long tail theory.
With the free accessibility of the internet, positive and negative aspects appear in regard to ownership, one example is that creative commons licences protects intellectual property, but this still allows others to remix the material.
Piracy is an important issue that surrounds that internet with controversy. It contributes with substantial losses, which prevents the companies that produced material from receiving the full amount of funds. Individuals sometimes expect things to be free; an example may be that a positive outcome of piracy is that the individual is so eager to hear their favourite artist’s new album that they illegal download it, but also buy it once it’s been officially released. In addition, some individuals may want to illegally download music to see if they like all the songs on an album, they  then may continue on to buy this. On the opposite side on the coin, some people generally expect music to be free, and don’t understand the reason why they have to pay, if they can find it online for free. This also saves them from traditional going to a shop and then purchasing the CD, then downloading it onto their computer, which is a lengthy process, instead of downloading things at home.
In addition, people no longer need to be computer geniuses to find out how to download music, films, games etc., because it’s very simple and quick. The music industry suggests that every single illegal purchase would have been bought otherwise; I find this assumption hard to accept. I think that illegal downloads, whether it be, music, films or games etc. are done so because it’s easy and primarily because it’s free. In the current economic climate some people cannot spend their money on luxuries like music and illegal means is a way of combating this obstacle.

YouTube's Business Model


What is a business model?

Business models are set criteria that are put in place, in order to create structure and plans for a company/business.
This can establish how a company will organise itself, from finance, staff structure, the ideas behind the business, and most importantly how it will make money (Profit).

The business model that I have chosen to research is YouTube; I am initially attracted to this as it would be interesting to find out where their profits come from and if all revenue in fact comes from advertising.

YouTube is a video-sharing website, where users can upload, view and share videos. It was created by three former PayPal employees in February 2005.

Firstly, Advertising has to be the most obvious and widely-accepted model for YouTube. However, within this category, there are several sub-categories, including text ads and video ads. YouTube has developed over the years from text ads to video ads. YouTube also promotes large advertising banners; with links to videos take for example the last Harry Potter premier. In addition YouTube sells slots in their search engine, similar to Google, for example when you type the letter B, Beyonce may come up first because her record company have paid for this type of advertising.

An estimate of YouTube’s revenue hit $825 million in 2010, and will reach $1.3 billion in 2011 and $1.7 billion in 2012; this was taken from Citi analyst Mark Mahaney.

Monday, 2 January 2012

Audience Research feedback


Having conducted a short questionnaire for audience research, I have found a number of great and varied opinions on the names we have come up with for, the solo artist (Oliver Fox), album name (Unrest), song name (Nights of broken sleep), and general tone of the song.

I have summarised and quoted the responses that I received back. The questionnaire was conducted by email, as it was easy to receive a number of responses, fairly quickly.

Firstly these are some comments about the name of the solo indie artist, ‘Oliver Fox’.

‘Fox is a good name, it rolls off the tongue and it is a name I’d remember’

‘His name sounds like it would be popular, and I think he’d be a cool dude!’ 

‘I listen to indie music the most, compared to any other genre, so I’m quite clued up in this area. The name ‘Oliver Fox for an indie solo artist is very inventive, it’s short and easy to remember, which is exactly what you want. It’s very good.’

I asked 10 people the same questions and only 8 people replied, of these 8 people, they all agreed and liked the name Oliver Fox, even those who didn’t particularly like indie music; they still thought it fit well.

Their thoughts on the album name…

‘The album name sounds dramatic, and I would buy it on the shelf, even if I did not know much about the band or artist. Although it would have to have a good cover as well, I think these are the things people look for.’

‘The album name is growing on me, at first I thought it was a bit depressing, but then I looked at it again and found it completely different. It’s vague and open to interpretation which I really like.’

‘I don’t like indie music, but I guess the name sounds good.’  

‘The album name sounds strange, I’m not too sure about it, I guess if the song is about someone who has had their heart broken then ‘Unrest’ is a suitable summary for the album.’

I asked them what they thought of the general tone of the song.

‘The song is appropriate, and ties in well as it says about having a broken heart, and not being able to get out of bed.’

‘Now I think the general tone it positive, things are starting to look up.’

‘I’m a fan of indie music, and I listen to it regularly, Noah + the Whales songs are easy listening. Sometimes people find it hard to understand their plots, but if you produce a good video, then it will be evident.’

‘The tone of the song is upbeat and easy listening; I like this sort of indie music. The album name fits with the genre, I love it.’

‘The song is defiantly not to my taste, because I like heavy rock, so I thought it was a bit boring.’ 

‘I don’t listen to any indie music, I think the song songs depressing if I’m honest, but his name does sound nice.’

Even though some people do not listen to indie music, or they don’t like the genre, their opinions were still valuable and I thought the responses were very detailed and gave me a real feel for the general opinion of the names we have chosen. I feel this research was positive and we as a group should feel confident to carry on using these names.