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Steven Rosenbaum, managing partner of Magnify Media told attendees of The Media
Center's Cross-Platform media teams event "the people that are used to making
content in an older model are the ones least likely to want to reinvent things
on their watch, particularly if they have a mortgage or kids in college." He
then demonstrated how easy some new content creation can be and shared lessons
he's learned from 20 years in TV news, his work with MTV and how to capitalize
on a peer review filter model for content.
Transcript of Steve Rosenbaum's presentation
So I talk in front of rooms like this from time to time, and generally my experience
is that the room gets divided into thirds. About a third of the people by the
end of my talk decide that I am the incarnation of all things bad in where content
is going and they never want to hear from me again. About a third do their e-mail
and read the paper quietly. And about a third have an "a-ha" moment
and go, "That really makes sense, that's very exciting."
For those of you in the room who have the resources of CNN, who got video content
and have a video content construction mechanism that's already operating, [CNN's
approach] is a brilliant solution. It's exactly where it should go. Madison
Avenue and Google have proved that there's revenue there. Taking down the firewall
in the K model makes perfect sense, and I'm already using it.
For those of you who come from print, who are my favorite people, I have to
say. I've been in this business a very long time. I've been in television news
for about 20 years and, I find that the people that are used to making content
in an older model are the ones least likely to want to reinvent things on their
watch, particularly if they have a mortgage or kids in college.
A couple of questions before I actually go through my slides. How many people
here own a DV camera or a video camera at home? How many people here, other
than their day job, wherever you work, consider themselves content makers? Is
anyone blogging? Which, by the way, doesn't change what I'm going to say at
all. In fact, it makes it only better. That's the clue about where I'm going
to take you all.
And the good news for today is that I'm going to give you some actual statistics
on an event that we're running publicly in user content that I haven't talked
about other than to simply be doing it, and it's about six slides in.
Let me just give you some sense of how I view the marketplace. Television is
this incredibly powerful thing, and if any of you live in the print content
world and you're being told by your boss or you're telling people who work for
you, "Look, we've got to find some way to get in. We've got to put more
video on the Web site. We've got to find a way be in VOD [video on demand],"
you've gone and run the numbers, and the numbers are frightening because making
video content's expense, by any model, old or new. You need infrastructure,
you need people, there's no revenue yet. Someone says, "Well, if we invest
this today, how many years before we actually turn this thing around?"
and the answer is, "Uh, I don't know."
When I talk mostly to magazine publishers, they've all gone through that internal
process. They've thought about setting up a channel, they've run the numbers,
they've run back into print. They've seen the light at the end of the tunnel,
which could be a train, and they're scared.
I had 120 employees making television in New York 18 months ago, and I watched
where that business was going to go and said, "There's no good end to this
story." It's getting cheaper, it's getting harder to sell, the networks
are putting more pressure on costs, the cost of production is going down, the
cost of fees are going down, and everybody who I used to hire is becoming my
competitor. I mean, I would hire three kids out of NYU, and a month later they
would set up a company and I would find out that they sold the show to a network
that used to be my client. That's a bad day. When everybody who's your employee
is your competitor, you wake up and go, "All right, maybe something should
change."
I'm not going to read these slides because I don't know what came before today
but I assume none of this is a big surprise. It's noisy. Motion media is all
over the place. The audience is fragmented. Costs are going down, and the financing
is a mess. Is that too strong a statement?
This is the good news side. There are tools all over the place. The gentleman
who spoke before me made a joke about not wanting to be on camera. But the truth
is, we're in a room, we're in private, no one's signing releases, everybody
has a media recording device on them of some sort or another, lots of people
are recording this, and it's going to go somewhere. The old rules about asking
permission – all that stuff is kind of getting messy now. These tools
make that happen.
I went with my son and saw a concert the other night. Because we didn't have
tickets, we sat outside on the lawn in Central Park, and I went home, and somebody
e-mailed me about 20 minutes later a clip from inside the wall of the concert.
That was pretty cool, unless you're the band, or the venue, or the t-shirt guy.
So what I'm here to talk to you today and get you excited about – the
third of you who don't think I'm out of my mind – is that there's this
bottom-up thing happening out there. Some of you who have the tools, who have
laptop editing, who have cameras, are inexorably drawn to this bottom-up energy
of content creating. Which means, there's something out there you want to make
– you don't know it yet, by the way. The interesting thing is the reason
you don't know it is no one's asked you. I mean, if I said to you today, other
than wherever that camera officially came form, where would you publish something
from today? The answer is, "I don't know, I'd put it on my blog maybe."
There's not really yet a home for or a way to filter or a way to organize user
content. There are a lot of people struggling with that, and I'll share with
you our vision of how that works.
Two sentences about what I've done in my past life. I'm accused of being early.
In 1992, before anyone in this room had an e-mail address or a broadband connection
or a DV camera or a laptop computer or lots of things, I sold MTV a show called
‘Unfiltered' by telling that their audience was going to make programming
cheaper than they could. I think the only thing they heard in that sentence
was the word "cheaper." I convinced them to let me run three promos
on a Sunday afternoon on MTV and say, if you have a story they could tell, call
this 800 number, which went to a single phone line with an answering machine
sitting in my brown barn in upstate New York. Wednesday after the Sunday I arrived
at MTV with a binder. We had transcribed all weekend and all the night, the
5,000 people who had called with stories they wanted to tell.
Now, because we're all in the news business, I can say this, 80% of them were
just crap. But 20% of them were fabulous, fabulous, like heart-stoppingly fabulous,
and authentic and dramatic, and people who wanted to participate. What did we
do? We asked. People say, "Oh, that was really innovative." You know,
it's been 12 years or whatever, nobody's asked. Asking is not that complicated.
The Wall Street Journal does a little bit, Tell us this if you're working on
these stories." But asking your audience to participate is a really scary
thing because it presumes that some number of your colleagues aren't going to
have jobs. It presumes that this job of storytelling which we're all professionals
in is going to become diffuse in some way, and that's really frightening.
So from 92-96 I produced ‘Unfiltered' at MTV, and then I went to Judy
McGrath, who I love, and I said, "Judy, you should cancel my show."
And she said, "No one's ever said that to me." And I said, "It's
a waste of money. You should cancel it immediately. You should give me the same
amount of money, and I should take user content and we should sprinkle it all
across the network. We should have fashion from Seattle, we should have music
from the streets of Cleveland." So I wrote this big, fat MTV proposal --
it was, you know, a couple of hundred pages -- and presented it. And they said,
"No, we don't think so." They said, "Our research tells us that
our audience wants us to be the authority of what's cool." And by the way,
to her credit, she was absolutely right. It would have been way too early. She
would have lost a ton of revenue. And she was right to say no. That's why I
said, I'm a little early.
So I left, sold Barry Diller a very similar project and did something called
‘Free Speech America' which for a variety of reasons didn't launch, then
created ‘Camera Planet' which was an online channel service. But my point
is, I've been at this idea of empowering the audience for a very long time,
and I'm nothing if not consistent. So I'm either way too early or I'm just wrong,
and that's why you'll break up into thirds.
So let's get to how we're going to do it. User content today is non-commercial,
it's nascent, and major media really only embraces it because it's cheap. Meanwhile,
blogging, podcasting, and all of this stuff is happening. Everyone pretty much
acknowledges it's not going away. But if you're a company whose brand is a content
brand – CNN is a good example – how do you embrace user content
and not damage this thing that you offer the audience, which is validation,
accuracy, fact-checking? Kind of a messy problem, right? This is not simple
stuff. Good news for me because we think we've solved it.
Let's get to what Magnify actually does. We mediate the space between creators
and consumers. What I mean by that – and the actual example I'm going
to give you which is far better than my rhetoric, is, we got a call two months
ago from Rodale (sp?) Press, and they said, we want you to come and make a video
for us about people that are winning bicycles as part of our bicycling magazine
franchise." And I said, "No. Not interested." And they called
back and said, "What do you mean? You make videos, and we like you and
we know you from things." And I said, "I'm going to make a film about
X number of people who won bicycles, and it's going to be so smarmy and self-important.
It's going to use words like ‘extraordinarily life-changing' and all these
things that I can't say authentically because I don't own a bike and have never
ridden one except when I was a child. Why don't we let your audience do my job?
That way I'll earn more money, which would make me happy, and you'll get better
video, and we might actually stumble into something. The honest truth is, we
pretty much knew what we were doing. We knew that they had some – if you
know the Rodale publications, they're a good fit. They're very authentic and
they have a passionate user base, and there was some prior discussion about
user content that they fiddled with.
The way the process works – this is a hybrid of the process is in its
evolved form, and then I'll tell you about the elements that were actually put
in place at Rodale. Rodale said, before we agree to this, what's our return
rate going to be? Which I thought was a funny question for an editorial. I mean,
how many people in a newsroom ask what the return rate is? It's like this weird
hybrid of a business question and a news question. And I said, "Well, when
we were doing MTV, the return rate was about six percent, so I'll tell you six
percent." They said fine.
So we sent out 200 e-mails, and we said to the people who had just won a bicycle
in, I think it was San Antonio, "Great news. Not only have you won a bicycle,
but you've won the opportunity to make a video about how your life is going
to change with this bicycle." And we did something – and I've never
told this story – I had originally written the e-mail to say, "And
if we need to loan you a camera, we will." And my wife and partner in that
company – now that we went from 120 employees to two – said to me,
"Take that line out." That was 1992, thinking we don't have to loan
cameras to anybody. I said, "Well, what if someone has a great story but
they don't have a camera?" She said, "No. If they want to tell their
story, they'll figure it out." I give her credit because she was entirely
right and I was entirely wrong. We sent out the e-mail with no mention of the
camera. Anyone want to guess how many responses we got within the first six
hours of those 200 e-mails? Fifty-seven yes's. And the exciting thing was, the
yes's were passionate yes's. They were: "Thank you for asking me. I would
love to make a video. How cool. I don't have a camera but I'm borrowing one
from my son-in-law. I don't have camera but the school district where I work
has one and I'm going to borrow it form them. Or I have a neighbor who's going
to help me out. Passionate yes's. How cool is that? So, not only were they excited
to be invited to make content, but they were appreciative that this thing that
they love – which was bicycling – was asking them to play along
in a space that they obviously cared about.
This is Kristen. She, by the way, is a real person. That image was taken from
her video she shot of herself. Actually, her boyfriend shot it. You'll see her
in a minute. [The image on the screen] is cheesy but I couldn't resist. So here
she is. We've got 57 yes's. We didn't send out the balance of the thousand e-mails,
and we now have 190 people making videos.
We ran into a little bit of a problem. While cameras are now fully deployed
and people don't have any problem borrowing one from a friend… We sent
in our follow-up e-mail, because part of what came from MTV is we've learned
to have a relationship with people. What they really want is a little encouragement,
a pat on the back, good job, and some tools, that's it. We then sent out a follow-up
e-mail and said, "Oh, by the way, do you have any editing gear?" The
numbers were not as promising. No editing gear. So I said, well, you know we've
done this before. We'll set up a bunch of Final Cuts and we'll start editing
bike videos. My wife, who in case you're not figuring this out, is significantly
smarter than I am, said, "Just because they don't have editing gear doesn't
mean somebody else doesn't have editing gear."
So in three weeks we designed, prototyped, built and launched Edit Exchange.
It's up, it's live, you can look at it today. Edit Exchange is a marketplace
in which editors meet filmmakers, filmmakers meet editors, and we simply get
out of the middle and say, "Great, take your bike video and send it to
this guy, he's going to cut it in Cleveland." It's pretty darn cool. And
in case you can't tell, I'm fairly excited about it. It is working magnificently.
It is not even remotely surprising because if you're an editor, the problem
with being an editor is that you don't have anything to cut. Editors want raw
material, right? They want to play with stuff. They want to try things. They
want to make something. And even if they're professional editors, the stuff
they want to do passionately – you can't do passionate when you're making
VNRs.[video news releases] If you're working at CNN in Atlanta are you're cutting
news, you might want to come home on your Final Cut and do a music video. But
you don't really want to do it as a business. But here's a place where you can
meet people that have footage, they send the footage to you. Now, would we like
to have this be all online? Yes, we would. But anyone who's tried to upload
video knows it's a particularly ugly, messy process. I'm a great believer in
FedEx. I think FedEx is a great, you know, sneaker net.
So Edit Exchange is now running. We have two of the seven videos that have
already been submitted.
Q from unidentified person in audience: What is the editor likely to charge
the producer or the maker of the film?
That's a great question. We don't know yet is the answer. It's a marketplace.
It's a bidding process. So the way it works is, you put up your project and
say, "My band wants to make a video and I'm willing to pay $200, that's
my ceiling." There's a private message board component. The first editor
e-mails you and says, "What did you shoot on? Can I hear a soundtrack of
your band? Are you guys any good?" You send them some stuff, and it's all
done in an enclosed space so you're not giving out your private e-mail. The
editor says, "I'll do it for $50." Somebody else comes in and says,
"I need this for my resume. I'll do it for free. I want to do it as a barter
deal. I just want the work."
This is built on a lot of what's happening in the peer production community
in Linux and Open Source, which is, people do things for different reasons.
And part of what's scary about this is, if we all earn our living making content,
and I'm sitting here telling you that people are going to edit your stuff for
free, some number of us are going, "Mortgage, kids in college, how does
that work?" And what I'm telling is, we can all stand at the door and bar
this phenomenon, but trust me, if you use Linux or any open source bulletin
board or any open source browser, open source actually really works. It's not
a phenomenon that's going to pass us by. It will come to content. We can't stop
it. Some number of you can embrace it and probably do really well, because remember
that I said the trick to the process is, we invite people to play in our space.
All of these people could have made videos on their own. We didn't give them
anything. But we just said, there's this ad-hoc community we're creating around
bicycling, and we're inviting you to come play in it, and by the way, it's hard
to get in.
Which brings me to my next point. So here's the video. We don't have any sound
but watch it for two seconds if for no other reason just to see the shooting.
(Video plays) It cuts together, she's got establishing shots, she's got close-ups
– how did she learn that? They're creative, they're fun, they're different.
By the way, P.S., some of them are really terrible, back to my MTV rule. So,
what happens when you've got people submitting videos, and you've got 100 videos
submitted, and 80% of them are really terrible? That's a problem. Well, you
can say back to your most loyal consumers, the people who love you, the people
who busted their butt and worked all weekend and got videotape and sent in their
stuff to you, "Guess what, nice try but we're not going to use your video."
Probably a bad way to treat your most valuable customers because they never
talk to you again. I mean, have you ever looked at anybody's work and tried
to be a friend and be critical of it? It doesn't end well.
Which is why we built a peer-based review process. That was the "a-ha"
moment. Good. So the peer-based review component works like this. One of the
things you can choose to be is a judge. And if you decide to be a judge, you
can determine how many videos you want to watch each week, you can tell us something
about your skill level and your interest level, and we have software that sends
you a link up to three times a week, five times a week – you tell us,
you can dial it up or down – you get to review the video. You get to judge
it on criteria that our clients set. And the clients get to be in a position
where they say, "You know what, we got 100 videos in this week. I'm setting
the approval number to eight. I don't want to see anything that doesn't get
an eight rating or better." Well, if they only get two videos that cross
that eight threshold, they go, "I better turn it down to seven."
But what that means is that somebody's sitting at a desk – CNN is probably
the last place that this works because breaking news doesn't work this way,
which is another problem that we're struggling with. But in terms of feature
editorial or anything that has a moment where it can go through a cycle of being
reviewed, what peers do – and by the way, the peer review is all anonymous.
So, here's the one thing that we know about content, because we've all made
something – the first draft is never good enough. I joke that we ought
to have an autobot that just sends an e-mail back to everyone that submits the
first video saying, "It's too long, make it shorter." It's always
too long. We don't know.
Comment from unidentified person in audience: And by the way,
I want to go home and watch my daughter ride and not film her.
SR: That would make you not a participant in this space.
Comment from same unidentified person in audience: I don't
have time to do that.
SR: But my guess is that if I dug three levels deep into something you love
– a vacation, a sailboat, a golf trip, a mountain-climbing expedition,
something – that you already have … We all own these cameras, we
don't know what to do with them.
Comment from same unidentified person in audience: Being on
Everest.
SR: There you go. I would love to see you video of being on Everest. And if
a community that you participated in said to you, "Hey, tell us about your
next trip. We may want to see the video." We all want an assignment, right?
We want to be told, you're deputized, go do that.
So the peer review filter is functioning. It works. It's incredibly powerful.
It means that if you don't make the cut, we didn't make the decision as the
editorial, it got made by your peers. You get to read the comments. If it's
an eight-point rating – which you have to get to be put up on the site
– and you hit a seven, you can read the comments from the other judges.
Maybe you'll learn something. Maybe they'll tell you, "You know what, it's
too long, Make it short."