Last week’s business news was dominated by Google’s acquisition of YouTube: the search giant is paying upwards of 1.6 billion USD for a 11-month-old website that has yet to generate a profit. But YouTube has captured the lead position in a huge growth area: video on the web. With 100 million views a day, YouTube has become the ground zero of a new media explosion.
Earlier this month, Columbia Business School’s Center on Global Brand Leadership played host to the third monthly meeting of the New York Video 2.0 Group, where the new movers and shakers of online video meet to show off their latest technology and discuss new directions in the field.
After the meeting, I had a chance to interview some of the speakers and participants about the hot new field of on-line video.
Click here for a 9 minute podcast, of Part 1 of this interview. In it, we discuss:
- What is driving the growth of broadband video?
- How are video sites branding themselves – or are they?
- How does video change who’s in control of brands, companies or consumers?
- Who’s going to pay for the video, in “Web 2.0”?
- Will advertisers pay to put their brand next to user-created videos?
-David Rogers
P.S. Part 2 of this interview is posted here
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