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Mobile Video Set To Surpass Online Video This Year

By Michael Rosenblum | Published May 1st, 2012

VIDBLOG reports that by the end of this year the mobile video ad market will surpass the online non-mobile (what should we call it?) market.

This is only surprising in how quickly this shift to mobile has come about.

The thing about mobile is that pretty much everyone has one with them all the time – in your pocket.

6 billion worldwide at last count (though who actually does the counting?)

In any event, the power of mobile is that it is always there.  How many of us carry laptops around with us, no matter how small the Air?  The other thing about mobile is that it is pretty much always on.  The average American or European spends a breathtaking 8.5 hours a day staring at screens – increasingly on phones.  We are pretty much glued to them.  We now spend more time screenwatching than we do sleeping, working, eating, reading or playing sports.  Screenwatching has become our number one activity.

The strange thing about all this screenwatching, which now is pretty much the central event in all of our lives, is that it is a uniquely new event to the human experience.  We may have 10,000 years of experience making fires or telling stories or chopping down trees or working; and probably closer to a million years of experiend having inter-personal relationships of fighting wars.  We have about 100 years of experience in screenwatching, starting with movies.

Thus, the bulk of our  prior screenwatching experience was derived from what I would call ‘the passive observer’.  You went to a movie theater, you sat in the dark and you watched what somone else had made for you – generally at great expense.

With the advent of TV, that model was shifted from theaters to living rooms and bedrooms.  Not much difference, save for the smaller screen (and fewer people in the room, unless you went to the cinema to see Waterworld).

It is natural, therefore, that we have now migrated that sense of ‘watch this!’ to phones.

But phones are different, and they represent a kind of technological conflict, because we are also used to using phones to talk to other people;  in other words, to participate and contribute. That is something we never did in a movie theater  (or most of us never did).  In fact, movies start with the pre-roller that says ‘silent. Turn your phone off’. Ironic that).

Now we are, for the first time, marrying the ‘phone’ experience with the ‘watching’ experience.

My guess is that the ‘phone’ experience will triumph.

That is, that given the opportunity, people will want to ‘particiapte’ in the viewing experience as opposed to just watching it.

The runaway success of Facebook, YouTube and Instagram seems to bear this out.  They are all ‘we all make it, we all watch it’ experiences.

What does this mean for video?

Well, it means that instead of depending on CNN or NBC or The BBC with their perhaps 1,000 cameras around the world, we now have an opportunity to put into play 6 billion cameras, all the time, from everywhere.

Is this challenging?

You bet it is.

But probably no more challenging than, say, building the Pyramids.  It’s amazing what a group can do when they are properly organized.

©2012 Michael Rosenblum

 

New Numbers and an Old Economist

By Michael Rosenblum | Published April 30th, 2012

Joseph Schumpeter was an an early 20th Century Hungarian- American economist.

He popularized the term ‘creative destruction‘ – that is, “the role of new companies in making innovations that interrupt the circular flow. New firms “do not arise out of the old ones but start producing beside them”. In transportation for example, “it is not the owner of stage coaches who builds railways”.

We are now witnessing a classic case of ‘creative destruction’ in the world of media – particularly in television.

The ‘old media’ world was dominated by networks like CBS or ABC. They are the ‘stagecoach’ owners.

The new world is all around us – and increasingly simply in your pocket.

There are now more than 6 billion mobile devices in the world – most them with video capacity and the ability to upload instantly to the web – the kind of thing the stagcoach operators had to rent satellite time to do.  More and more of these devices not only shoot video in HD, but can also edit.  And they cost a few hundred dollars, at most.

Viddy, a company that did not even exist a year ago, and who makes a single app for editing and uploading phone videos was recently valued at a staggering $350 million.

Last year, Apple sold 643,000 devices every day.

At the moment, millions of ‘average people’ upload an astonishing 40 hours of video to the web every minute.  In order for a stagecoach company like NBC to reproduce the volume of video on YouTube they would have to produce every day, flat out for 3,000 years.

And still, we are only at the very beginning.

Joseph Schumpeter would understand.

NBC is not going to ‘invent’ the next generation  of online video.  Their idea of the the future is to put their stagecoaches on the railroads lines and hope for the best.

Pretty soon, a steam engine is going to run down that stagecoach because it doesn’t move fast enough.

If you look out on the horizon, you can see that steam engine coming….

or better yet, just look in your pocket.

©2012 Michael Rosenblum

 

iPhone Millionaire Goes on Presale at Amazon

By Michael Rosenblum | Published April 27th, 2012

It’s finally here…

almost…

The book that can change your life (or mine at least).

iPhone Milionaire: Six Weeks To Change Your Life

Learn how you can use the video functions on your iPhone to take control of your life (and take control of the world).

At bookstores in September but available for Presale at Amazon.com now.

Hurry! While copies last!

An Apple A Day.. or more..

By Michael Rosenblum | Published April 26th, 2012

I was up at 5:30 this morning to be online for a two-hour live panel discussion on The Guardian’s website.

The topic was “The Journalist of Tomorrow”, and the question was ‘what kind of tools and what kind of skills’ will the journalist of tomorrow need?

The ‘skills’ question is debatable, but the ‘tools’ question, increasingly, is not.

Last quarter, Apple sold an astonishing 645,000 devices a day.

A day.

And their numbers simply keep climbing.

But even at those rates, that’s 245 million devices a year, or pretty much one for everyone in the US (save the few PC users still around).

That is astonishing.

Even more astonishing when you consider that you could have bought Apple stock in 2003 for $7 a share. A $10,000 investment in 2003 would today be worth about $1 million today.

Pretty mind boggling (pretty dumb huh? But not as dumb as SONY, who could have bought the whole company but turned it down).

But back to the journalists.

Once, all a journalist needed to report was a pencil and a piece of paper. Those days are over, but in the transition to ‘digital’, journalists have begun to feed several beasts simultaneously: text, blogs, photos, video, twitter… the list just keeps getting longer and longer.

But the discussion on The Guardian today, at least when it came to gear, was over pretty fast.

iPhone.

iPhones (or maybe iPads if you are adventurous), give you everything you need.. and more.

They are word processors, digital stills cameras, texting machines, tweeting machines, video cameras, editing suites, screening rooms, upload points, live streaming stations and more.  All in your pocket.

This is pretty cool when you think about it  (unless you happen to be Canon, Kodak, Nikon, SONY, or any one of a dozen other companies whose stock you should probably consider selling).  When was the last time you thought about buying one of those little digital cameras that everyone used to have?

What does all of this mean?

Well, among other things, (besides less gear for the average journo to schelp in the field), it means that Apple is effectively putting 645,000 video production companies into potential business every day.

It means that every day, 645,000 more people become potential contributors to the every growing maw of content creation that is filling the world.

It means that every day, traditional journalists and videographers become 1/10,852nd less important.  (I have come to this number by dividing the population of the planet by Apples current rate of expansion, so that in 10,852 days, based on current rates, everyone on the planet will have an iPhone or iPad, thus creating a truly level playing field.  As Apple’s growth is exponential this number is far too low. It will happen, in fact, much faster.

It means that the perceived ‘value’ of some high priced reporter and crew flying off to Egypt or India or China will be looked at as nothing short of insane in the not too distant future.

It means we are going to have a world in which everyone becomes a content contributor as well as a content consumer.  (We are, in some ways, starting to get ther already.  Anyone ‘watching’ Facebook?

It means that the players for a far more sophisticated Instagram (the definitive beginnings of a participatory platform, as opposed to a ‘watched’ one) are being put into place.

It means, I think, that the very question that The Guardian posed this morning ‘The Journalist of Tomorrow’ probably will not mean much ‘tomorrow’ when everyone is a ‘journalist’ – if even that will mean anything.

 

© 2012 Michael Rosenblum