Jacobs Media’s Director of Internet Strategies, Tim Davis, shares some insights from CBS’ Les Moonves.
The title of today’s blog is how CBS mogul Les Moonves envisions the future of entertainment and media.
In a recent speech at the Interactive Advertising Bureau’s Mixx Conference, Moonves talked about how CBS – once one of the major holdouts among the larger entertainment distributors – has moved to embrace a digital future:
"Any media company that doesn’t acknowledge that the Internet is where you need to be — that it’s the fastest-growing, most innovative new place to get premium content — is sort of out of the ballgame."
And answering the naysayers who argue that allowing content online can harm a company’s primary brands (i.e., television or radio programs) Moonves hammered the point that "it is in no way cannibalistic, and it’s additive."
Truly a groundbreaking stance from a guy whose parent company, Viacom, is still in a billion dollar law suit with YouTube. No doubt some of his epiphany is attributable to CBS’ recent acquisition of CNET, putting the company in a primary slot in terms of Internet properties. Regardless of the motivation, CBS has now seeded its content to over 300 different web properties through various licensing and revenue sharing deals.
It’s a great example of a big media company seeing through the morass of proprietary content issues, handcuffed distribution models, and short-term, "old media" thinking in order to make sure that its content can stay relevant in a digital world. Slow to the game, yes, but kudos to Moonves and CBS for moving the needle and setting a great example.
Have you released your content? Have you moved bits from your morning show to the web via podcasts? Are you offering widgets and other digital downloads?
Is your stream ready for mobile use? Do you have a web cam in the studio – and are you using Twitter and Facebook to interact with your audience?
As Leo Laporte said during his presentation at Jacobs Summit 13, we can no longer depend on the audience coming to us to access our content – we have to go to them.
Jacobs Media has consistently walked the walk in the digital space, providing insights and guidance through its well-read national Techsurveys.
In 2008, jacapps was launched - a mobile apps company that has designed and built more than 1,300 apps for both the Apple and Android platforms. In 2013, the DASH Conference was created - a mashup of radio and automotive, designed to foster better understanding of the "connected car" and its impact.
Along with providing the creative and intellectual direction for the company, Fred consults many of Jacobs Media's commercial and public radio clients, in addition to media brands looking to thrive in the rapidly changing tech environment.
Fred was inducted into the Radio Hall of Fame in 2018.
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Has your station created a free iPhone app to stream audio and display local information like news, weather, and sports (in addition to station events and jock blogs)?
Might be a nice place to sell advertising…