Insights Success The 10 Most Prominent HVAC Solution Providers Dec | Page 36

Driving Technology Shifting towards The New Age of Distribution and Personalization Platforms T he global entertainment media landscape is undergoing a major change primarily due to shift in consumer behaviour driven by technology. This is highly evident in the online video industry where viewership is shifting from linear (such as TV) to on-demand (YouTube, Netflix) consumption with social networks like YouTube, Facebook, Snapchat, Twitter etc. are becoming the new age distribution and personalization platforms. Today, smartphone has become the new personalized TV with primetime becoming anytime. Video consumption is on multiple screens (TV, phone, tablet, game consoles etc.) and content types such as short, long, live, 360 degrees & VR videos supported by shifting biz models (OTT, inventory, subscription, branded content etc.) These trends are rapidly fragmenting and shaking up existing media business models based on traditional cable and broadcast networks. In this new world content success requires not only the right insight, but also an ability to create content scalable for these platforms in a low cost fashion. This is where technology comes as the enabler and plays a key role in determining the relevant content for the right audience. Content was the king in an era of linear television with limited distribution. In today’s on-demand, hyper connected, personalized world, it is not just content, but data about the content is equally important. Technology not only enables global distribution, but also helps to curate and personalize content tailored for audience interest and engagement. The key to engage audience successfully on digital platforms, is to show them relevant content that is personalized. Platforms like YouTube and Facebook use algorithmic curation and machine learning to show relevant and personalized content to audience. In this new era of unlimited distribution outlets and personalized content consumption the key to success is to know what ‘content to create’ for the target consumers and to ‘create it at scale’. Culture Machine’s intelligence platforms helps to identify the right content to create & Video Machine platforms help to ‘create at scale’. As new types of short form content such as silent videos, listicle, how-to, cover songs, recipes or curated news, are becoming increasingly popular in the social video world, technologies such as Video Machine is an attempt to solve the scalability problem. At Culture Machine, analytics and scalable video creation is a core part of our DNA. An intrinsic study of the exponentially growing Virtual Reality (VR) world showed that Facebook is the preferred 34 December 2017|