Is Netflix taking over?
BARB (Broadcaster's Audience Research Board) Report:
Subscription Viewing on Demand
POSITIVE Implications:
- More platforms to show your video on
- Ability to target niche audiences
- Ability for publisher to shop around to get a good deal in exchange for a SVOD to show your video
- Video On Demand - No time restriction - people can watch whenever they want
NEGATIVE Implications:
- Viewers can choose not to pay if they feel it costs too much - risk of piracy
- So many platforms mean you could get paid less for your video
- More platforms means more competition
- Viewers expect more
- Piracy - smaller artists not making any money - can't make a career out of it
- Many people don't pay for music anymore - usually just watched on YouTube or illegally downloaded.
Example music video budgets:
Macklemore "Wings" - $18,269 (2011) - Product Placement (Nike Shoes) basically Nike advert
Michael Jackson "Beat It" - $150,000 (1983)
If made professionally our music video would cost approximately $30,000
It is difficult for independent artists to compete with other, well established musicians.
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