Post Production - Week 15
posted Mar 24, 2008 2 comment(s)
posted Mar 22, 2008 5 comment(s)
But there does need to be an adjustment of expectations. This isn’t Silicon Valley. Online video will never make a single show a billion dollars, or even $100 million. If you’re lucky it make enough to pay back your investors and make you a modest middle class income while getting you known as a creator.
All of the companies out there offering to put money up for production are essentially offering horrible deals. If someone is paying you $10k/episode or less (including your creative fees), and they are taking ownership of any part of the copyright or underlying IP, that is a horrible deal.
When we created our business plan in 2005 for our online video venture, we sold 1% stakes in the company for $12,500. We hoped to sell 10% of the company, but we ended up about half of that.
We need more people doing what we did. Raise a small amount of capital, create a show that you’ll be able to build an audience for over a long time frame, raise enough money to live on during this (or have a day job), then use the leverage you’ve acquired to make better deals.
In my opinion the clock is ticking on one thing with great certainty: the-independent-content-creator with-goals-to-reach-a-broad-audience. That gal/guy is endangered and defensive.
Before we all turn around, an entirely new hierarchy of online video content businesses will emerge in an entirely old model of doing business: the studio. With their collective arrivals the opportunity to make your impact as an individual will be the SAME as it is in movies and tv now. You will have your occasional indie breakout star, but they will be few and far between. And next to none of them will own what they create.
Why, you ask? Because of promotion. It’s one thing to make a great show, but as Rick points out above, without consistent promotion it’s very difficult to maintain viewership levels with new shows these days. And without viewership levels you have only your brilliant ideas, not anything tangible. And brilliant ideas are bought and sold every day in mainstream media. The same will happen online.
Labels: Post-Production
posted Mar 20, 2008 5 comment(s)
Today’s featured video is Episode Six: 64 days - Part 1 from Project Pedal and the visuals are amazing, the production quality is excellent, and I can now say I’m addicted. Video podcasts aren’t generally known for their high-quality, high-production values but more and more we’re starting to see better examples.
If Project Pedal does this nice a job for their video podcast, I’m really excited to see what they are able to produce for their upcoming documentary. It is obvious the making films is a very trying experience, and we here at Viddler wish them well in their obvious effort to make a great, lasting film.


Labels: Post-Production
posted Mar 11, 2008 3 comment(s)
Labels: Post-Production, SXSW, Vlog, Weekly Update
posted Mar 4, 2008 6 comment(s)

Labels: Post-Production