Tuesday, November 18, 2008

Can lack of development be good news for digital spend.

As the economy falters many people forget that all around people are trying to cut costs, and now we can include and add to that list the fall TV development schedule. Who knows what the real reason is and will it be the smart one, but as studios are looking to cut money due to a advertising slowdown most development schedules have been scaled by close to 30%. This presents two opportunities, one for original content for on-line, and two, for TV studios to rethink their strategy of the past few decades. The second one could be by revisiting a stripped down development schedule that is focused on and still develops and purchases original scripted & unscripted projects for TV, but rethinks how they promote those series. One way could be to produce short-form cost-effective programming content, embracing the on-line production model, and deliver in shorter pieces like interstitial and through various on-line portals. With this model advertising dollars could be spent on-line increasing revenue for some sites, most likely deals would be put in place with Hulu, YouTube, etc... to make sure that their shows are seen through their portals. If done properly it could save millions of dollars, although the prospect of job losses suck, but it is a model that should be tinkered with to see the merit of it, with themuch thought put into possible job losses.

Change is defenitely a coming...