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Next in Media spoke to creator economy expert Jim Louderback about his theory regarding the growth of YouTube subscriptions. Jim also discussed the growing creators-launching-brands trend, and the problems at Twitch.

Takeaways

• YouTube is likely moving towards a subscription model to generate more revenue, similar to other media platforms.

• Creators are finding success in monetizing their content through shared subscription revenue rather than relying solely on advertising.

• TikTok is facing challenges in appealing to older demographics and ensuring a safe environment for children.

• Traditional media companies should consider the changing consumption habits of younger audiences and explore new formats and platforms.

• Creators have a unique connection with their audience that traditional media and brands should understand and leverage.

Chapters

00:00 - Introduction and Background

01:22 - YouTube's Subscription Model

04:11 - Challenges of Transitioning to a Subscription Model

05:27 - The Potential of Windowing Content

06:31 - The Rise and Fall of Vessel

07:35 - The Role of Brands in the Creator Economy

09:46 - Brands' Allocation of Resources

10:43 - Trends and Challenges in TikTok

13:05 - Competition from TikTok Copycats

15:52 - Challenges at Twitch

23:33 - The Potential of Creators Forming Their Own Network

26:49 - The Unique Connection Between Creators and Their Audience

Guest: Jim Louderback

Host: Mike Shields

Produced by: Fresh Take

Next in Media spoke with Kelly Metz, Chief Investment Officer, OMD USA about why she's not shedding a tear for third party cookies, whether the currency wars are dying, and the different between YouTube and TikTok when it comes to grabbing TV budgets.

Guest: Kelly Metz

Host: Mike Shields

Sponsored by: Publica

Produced by: Fresh Take

Mike & Ari talk Google earnings, Sandbox, and whether anyone cares about Tech and Congress.

They also express concerns about the future of advertising and the impact of privacy changes. The conversation touches on Google's earnings and the success of YouTube. They discuss the congressional testimony and its limited impact on advertisers. The conversation also explores the challenges faced by journalism and the ownership of publications. They share podcast recommendations and discuss the upcoming Super Bowl and a unique advertising stunt. The conversation concludes with a discussion on the attacks on pop culture figures by Republicans.

Takeaways

• The privacy sandbox and the future of advertising are topics of concern in the industry.

• Google's earnings and the success of YouTube are noteworthy.

• Congressional testimony has limited impact on advertisers.

• The challenges faced by journalism and the ownership of publications are discussed.

• Podcast recommendations and the upcoming Super Bowl are mentioned.

Chapters

00:00 Introduction and IAB Conference

01:17 Criticizing the Privacy Sandbox

02:10 Concerns about the Future of Advertising

03:17 The Impact of Privacy Changes on Advertising

04:02 Google's Earnings and YouTube's Success

05:19 The Perception of Google's Performance

06:14 The Future of Search and AI

07:38 Congressional Testimony and its Impact on Advertising

08:46 Advertisers' Response to Social Media Failings

09:45 The Influence of Advertisers on Social Media Platforms

10:30 The Potential Breakup of Google's Network Business

12:06 The Decline of Digital Publishing

13:09 The Challenges Faced by Journalism

14:15 Ownership of Publications: Billionaires vs. Private Equity

15:16 The Possibility of Government Funding for Journalism

16:31 Media Consumption and Podcast Recommendations

18:15 Disappointment with the Pivot Podcast

19:37 Expectations for Super Bowl Ratings

20:18 Flash Talking's Super Bowl Ad Stunt

21:13 Taylor Swift and Political Endorsements

22:45 Republicans' Attacks on Pop Culture Figures

Next in Media sat down with Google's Senior Director of Product Management Victor Wong to break down what is really going on now that cookies are going away, while trying to help make sense of this vitally important new digital ad targeting initiative.

Wong discusses the journey towards improving privacy on the web and the development of the Privacy Sandbox. The Privacy Sandbox is a set of privacy-preserving technologies that support various web functionalities, including online advertising. Wong explains the different APIs within the Privacy Sandbox and how they can be used to replace third-party cookies while protecting user privacy. He also addresses concerns about transparency, confusion in the industry, and the role of AI in the future of advertising. Wong emphasizes the importance of collaboration and adoption within the industry to ensure a successful transition to a more private web.

Takeaways

• The Privacy Sandbox is a set of privacy-preserving technologies developed by Google to improve privacy on the web.

• The Privacy Sandbox includes various APIs that allow developers to build new solutions while protecting user privacy.

• The transition from third-party cookies to the Privacy Sandbox is a complex process that requires collaboration and industry-wide adoption.

• The Privacy Sandbox aims to provide transparency to brands while protecting user privacy and offering effective advertising solutions.

Chapters

00:00 Introduction

00:40 The Journey to Privacy Improvement

02:11 Timeline Changes and Industry Collaboration

04:12 Understanding the Privacy Sandbox

05:30 Using Privacy Sandbox APIs

08:32 Transitioning from Third-Party Cookies

09:51 Targeting and Audience Extension

12:56 Different APIs in Privacy Sandbox

14:09 User Experience in the 1% Tracking Protection

16:29 Separation of Privacy Sandbox and Ad Sales

18:16 Addressing Confusion and Complexity

20:05 Deterministic vs. Probabilistic Approaches

22:47 Advancements in AI and Privacy

24:14 Transparency for Brands

25:47 Testing and Adoption of Privacy Sandbox

27:06 Google's Interest in the Open Web

Guest: Victor Wong

Host: Mike Shields

Sponsored by: Publica

Sponsored by: Kochava

Produced by: Fresh Take

Next in Media spoke to Dylan Collins, former executive at Epic Games, about the evolution of gaming over the past decade, and what brands and media companies need to understand about Gen Z and Gen Alpha's love of social, UGC gaming platforms like Fortnite and Roblox.

Guest: Dylan Collins

Host: Mike Shields

Sponsored by: Kochava

Sponsored by: Publica

Produced by: Fresh Take

Takeaways

• Super Awesome started as a kids media company and evolved into a provider of tools for kids digital media.
• Fortnite and Roblox have become popular gaming platforms for young audiences.
• Brands and advertisers are increasingly interested in reaching young audiences on platforms like Fortnite and Roblox.
• In-game advertising on user-generated content platforms is still evolving and faces challenges in terms of ease of buying and scalability.
• The future of advertising on these platforms may involve rewarded mechanics and long-term partnerships with brands.

Chapters

00:00 Introduction and Background

01:14 Starting Super Awesome

02:08 Challenges in Financing

03:29 Expanding Beyond Kids Ad Tech

04:20 Building Tools for Kids Digital Media

05:09 Importance of Parental Consent

06:08 Expansion into Content and Community Tools

07:15 Expansion of Customer Base

08:11 Rise of Kids as a Visible Audience

09:42 Success of Fortnite and Roblox

10:47 Fortnite's Appeal to Young Audiences

12:16 Fortnite as a Social and Gaming Platform

13:39 Shift from Social Platforms to Gaming Platforms

15:09 Brands and Advertising in Fortnite and Roblox

18:28 Long-Term Partnerships with Brands

20:23 Transition to Long-Term Thinking

22:37 Challenges in In-Game Advertising

24:24 Importance of Making Buying Ads Easy

25:18 Supporting Brands and Advertisers on UGC Platforms

26:16 The Future of Advertising on UGC Platforms

27:43 Acquisition by Epic Games

29:27 Growing Importance of Young Audiences

30:23 Generational vs. Cohort Platforms

32:37 Future of Fortnite and Roblox

34:12 Empowerment of Younger Audiences

37:30 Conclusion

Next in Media spoke with Brian Wieser, who runs the substack/ad consultancy Madison and Wall, about the state of the ad market, which is promising strong - but far from universal growth. One sector that needs to change its philosophy and products, says Wieser, is TV, which risks getting left behind by the tech platforms and retail media.

Guest: Brian Wieser

Host: Mike Shields

Sponsored by: Publica by IAS and Kochava

Produced by: Fresh Take

Next in Media's new Week In Review show features Ari Paparo and Mike breaking down the biggest stories in media and advertising this week, including the debacle that is The Messenger and the worst case scenario for cookies.

Takeaways

• The failure of The Messenger highlights the challenges faced by digital media companies in the current landscape.
• Mainstream media companies need to adapt to changing consumer preferences and business models to stay relevant.
• Personal biases can influence opinions and perceptions of media companies and their success or failure.
• The advertising industry is facing challenges with the proliferation of retail media networks and the impending cookie deprecation.

Chapters

00:00 Introduction and Experimentation

00:28 Discussion on The Messenger

01:47 The Failure of The Messenger

03:01 The Challenges of Mainstream Media

04:33 Personal Bias and Schadenfreude

05:09 High Paying Journalism Jobs

06:30 The Success of Semaphore

07:59 Quibi's Failed Partnership

08:55 Quibi's Unusual Content

11:10 Issues in the Ad Business

11:56 Proliferation of Retail Media Networks

12:56 Frustration with Cookie Deprecation

14:08 The Impact of Cookie Deprecation

17:22 Shift to CTV and Disruption in Advertising

19:12 Consolidation in the Streaming Industry

Next in Media spoke with Catherine Perloff, platforms reporter at Adweek, about the biggest stories of 2023 in media and advertising, why programmatic can't seem to shake its reputation for opacity, and whether brands are truly ready for all of the big changes on the horizon in 2024.

Takeaways

• Transparency remains a significant issue in ad tech, particularly with the rise of AI media buying tools.
• Ad tech consolidation is happening, with SSPs moving to the buy side and DSPs moving to the sell side.
• Google has faced scandals and pushback regarding transparency and quality issues.
• The use of AI in media buying is slowly changing the industry, but there are concerns about relinquishing control.
• TikTok has become a major platform for marketing, especially in social commerce.
• The ad tech industry is experiencing inefficiency, with only a small percentage of bid requests resulting in monetization.
• The future of ad tech is uncertain due to cookie deprecation and the expansion of retail media and ad networks.
• Advertiser perception of Twitter is mixed, with some brands staying and others potentially reducing their spending.

Chapters

00:00 Introduction and Overview

00:35 Transparency in Ad Tech

02:01 Ad Tech Consolidation

03:18 Challenges with Transparency and Quality

05:29 Google's Scandals and Pushback

08:13 The Rise of AI in Media Buying

10:09 The Comeback of Meta (formerly Facebook)

12:39 The Success and Impact of TikTok

17:56 Consolidation in the Ad Tech Industry

20:20 Inefficiency in the Ad Tech System

23:51 The Future of Ad Tech and Cookie Deprecation

26:17 The Expansion of Retail Media and Ad Networks

28:11 Advertiser Perception of Twitter

29:47 Conclusion

Guest: Catherine Perloff

Host: Mike Shields

In Partnership with: Comcast Advertising

Produced by: Fresh Take

Next in Media spoke with Ryan Detert, CEO of Influential, one of the top firms helping brands sort through the world of influencers and social platforms. Detert talked about the state of TikTok, and what many marketers miss regarding its power over younger audiences. Detert also talked about whether he sees potential in social shopping in the US, and which influencers are on the rise.

Guest: Ryan Detert

Host:Mike Shields

In Partnership with: Comcast Advertising

Produced by: Fresh Take

Next in Media spoke with Freewheel's GM Mark McKee about the problem with repetitive, messy ad delivery on FAST channels, and why the TV industry has to clean up its supply chains asap. McKee also talked about whether we're seeing too much CTV ad inventory too soon, and whether this market will be fully programmatic next year.

Guest: Mark McKee

Host: Mike Shields

In Partnership with: Comcast Advertising

Produced by: Fresh Take

Next in Media spoke with Gonzalo Del Fa, President at GroupM Multicultural about the challenge of changing currencies in TV, while also trying to accurately account for Hispanic audiences. Del Fa also talked about when and where brands should advertise in Spanish, and why most brands' efforts toward diverse media spending is still a work in progress.

Guest: Gonzalo Del Fa

Host: Mike Shields

In Partnership with: Comcast Advertising

Produced by: Fresh Take

Next in Media spoke with Rachel Chukura, Head of Consumer, Products, The Weather Company, about whether brands are scared off by being aligned with all this volatility in weather patterns of late. Chukura also talked about the inherent tension for publishers in designing consumer friendly services and advertising-appealing products, and whether mobile advertising has ever fully reached its promise.

Guest: Rachel Chukura

Host: Mike Shields

In Partnership with: Comcast Advertising

Produced by: Fresh Take

Next in Media spoke to Rich Lehrfeld, SVP & GM Walmart Connect, about how the company built a multibillion dollar, highly profitable ad business in just a few short years. Lehrfeld also talked about the potential to connect Walmart data to TV advertising, and whether the slew of other retail media networks are in for the long haul.

Guest: Rich Lehrfeld

Host: Mike Shields

In Partnership with: Comcast Advertising

Produced by: Fresh Take

Next in Media spoke with Mike O'Donnell, Chief Revenue/ Strategic Growth Officer at Vizio about the company's evolution from a TV manufacturer to an ad sales firm/programmer. O'Donnell talked about the challenges in shifting a company's entire business model while trying to build credibility in a fast changing marketplace.

Guest: Mike O'Donnell

Host: Mike Shields

In Partnership with: Comcast Advertising

Produced by: Fresh Take

Next in Media chatted with Pooja Midha EVP, General Manager at Effectv, a division of Comcast Advertising, about how local advertising is evolving beyond old fashioned spot cable. Midha also gave an update on the state of addressable TV, and why she things the influx of local brands to CTV could lead to a much longer tail for the medium.

Guest: Pooja Midha

Host: Mike Shields

Sponsored by: Comcast Advertising

Produced by: Fresh Take

Next in Media spoke with Paramount Advertising President John Halley about the state of measurement in connected TV, whether Nielsen is on the comeback trail, and why he thinks TV networks can steal dollars from social media.

Guest: John Halley

Host: Mike Shields

In Partnership with: Comcast Advertising

Produced by: Fresh Take

Next in Media spoke with Lex Josephs, GM of Sam’s Club Member Access Platform, about the inherent challenges in turning a retail membership product into an ad vehicle, and how the company took the strong part of Walmart Inc.'s tech and customized it for the membership model.. Lex also weighed in on whether she thinks more standards and consolidation are inevitable in this sector.

Guest: Lex Josephs

Host: Mike Shields

In Partnership with: Comcast Advertising

Produced by: Fresh Take

Next in Media spoke with Pinterest CRO Bill Watkins about the company's foray into generative AI for both consumers and advertisers. Watkins also spoke about the company's unique approach to video, and how Pinterest has weathered the Apple ATT storm.

Guest: Bill Watkins

Host: Mike Shields

In Partnership with: Comcast Advertising

Produced by: Fresh Take

Next in Media spoke with Adam Roodman, Yahoo's SVP Product Strategy and Management on the company's decision to shut down its SSP to focus exclusively on the buy side of business - and why he thinks we'll see more exclusive deals as the ad tech ecosystem consolidates. Adam also talked about how he explains Yahoo's relevance to ad buyers in 2023, and why being owned by private equity has revitalized the company

Guest: Adam Roodman

Host: Mike Shields

Produced by: Fresh Take

Next in Media talked with Captify CEO Mike Welch  - who served as GM for Xandr at both AT&T and Microsoft - on whether the ad tech marketing is about to see a thinning of the herd, and what that means for the open web. Welch also talked about how his new search-focused company is both prepping for a post cookie world while also trying to set itself for the coming AI-driven, conversational search era.

Guest: Mike Welch

Host: Mike Shields

Produced by: Fresh Take