The company that makes money from everyone's viral videos
A day at work watching YouTube videos:
A guy in a hamster suit falling over at a children’s birthday party also gets the nod. It reminds him of a video his company approved a few weeks ago—Bugs Bunny and Daffy Duck performing the Nae Nae. He rejects “Close Call Canoeists.” I kind of like it (especially at 1:45), but he doesn’t.
It may sound like Granzow is wasting time at work, but he’s sifting for gold. And the airy, warehouse-like building of glass and exposed beams where he works is full of people just like him. He’s a researcher at Jukin Media, a small company in Los Angeles that identifies extremely shareable videos, strikes deals with the people who own them, and then licenses the clips.
A fascinating glimpse into the world of licensing and monetising viral videos. Juke Media essentially turns the world into a viral video production sandbox, and sifts the best out for rapid monetisation.
Sign up for e-mail updates
Join the newsletter to receive the latest posts in your inbox.
Some Good Reading About The Future of News Paid Members Public
Good stuff I’ve read recently, haven’t linked to yet, but don’t have much to add to right now: * The Nichepaper Manifesto [http://blogs.harvardbusiness.org/haque/2009/07/the_nichepaper_manifesto.html] – an articulate and well argued guide to how niche publishing might looks going forwards. * Media