Online video, online video publishing, streaming media, OVP, OTT, web television, video advertising, marketing, startups, gadgets, social media, videoconferencing, collaboration and related topics are discussed here. Thanks for stopping by the "Klessblog."
It was eight years ago today that YouTube's first video, Me at the Zoo, was uploaded by Jawed Karim on April 23, 2005. Karim had co-founded YouTube with Chad Hurley and Steve Chen just a few months earlier as a way to share videos with friends and family far away. The video is only 20 seconds long and was shot by Yakov Lapitsky at the San Diego Zoo, and little did the video creators know that it marked the dawn of the UGC (User-Generated Content) online video age. YouTube wasn't the first video sharing site, but since Google purchased it in November 2006 for $1.65 billion, it has revolutionized video sharing across the Internet and has become the top online video content property, with more than 1 billion unique users visiting the site each month.
Just last week, YouTube won its second legal battle against Viacom in federal court with the dismissal of Viacom's $1 billion copyright lawsuit. The ruling by U.S. District Court Judge Louis Stanton in New York stated that Viacom had never proved that YouTube was aware of copyright infringement by its users, and upheld his original ruling from June 2010 which leaves in place the current understanding of the Digital Millennium Copyright Act of 1998. Stanton also ruled that YouTube didn't act with "willful blindness" and had previously responded to Viacom's requests back in 2007 by removing 100,000 copyrighted videos a day after Viacom notified YouTube of the infringement.
Google Senior Vice President & General Counsel Kent Walker said that the ruling marked an important day for the Internet.
"This is a win not just for YouTube, but for the billions of people worldwide who depend on the web to freely exchange ideas and information."
Happy birthday to the first video uploaded to YouTube! While you're not too exciting, you started an online video revolution.
Also to those born on April 23rd, I want to wish a special happy birthday to my daughter Marley Rose, my niece Rebecca and my good friend Steve Dung, owner of Visions Plus video production service in San Francisco!
I'll be back soon with more online video analysis and video conversations.
So, what constitutes a video view? Is it considered a view just when the stream is called up and served to the viewer, even though only a portion of the video is viewed? Does the entire video need to be viewed to be counted? After several years of inconsistencies, the online video industry has not yet adopted a standard definition for a view. So to get some insight on this subject I spoke with David Burch, Director of Marketing at TubeMogul, Inc. According to Burch, while the industry standard is to count a view once someone clicks play and the streams starts, there still is a lot of misconception among media buyers on constitutes a view.
Burch says the technology is definitely there and Tubemogul has been putting out benchmark data on video completion rates for some time. Back in 2008, Tubemogul put together a study on What Counts as a View? which identified the differences in view counting among popular video sites. Most of the sites counted any interaction with the video player (full view, 1/2 view, refresh, embed, embedded autoplay) a view and as the report states, "The implications are relevant for video advertisers, content publishers, and those that might seek to artificially inflate the popularity of a given video."
Jim Louderback
Jim Louberback, CEO of Revision3 Internet Television, has been very outspoken on the need for standardization and has railed against the industry practice of counting an autoplay-start, as a video view and the growing prevalence of "stream fraud". He cited Tubemogul's updated study from September 2010, which reported that the problem of counting views was getting worse and nearly all video sites, except YouTube, counted anything including embedded autoplays as a view. According to YouTube, "A view occurs when a person watches your video. In order to preserve accuracy in view counts, we identify irregular playbacks such as spam and remove these from the view count."
Burch suggested that for publishers and advertisers it becomes a tradeoff. Another Tubemogul research report looked at drop off rates for pre-roll ads, which found that for many viewers, sitting through a pre-roll just isn't worth it. In fact, the overall number of viewers that clicked away from a video during 10-30 second pre-roll ads was close to 16%, and that number varied with top magazines and newspapers, where 24.85% of viewers click away; large broadcasters, only 10.9% of viewers click away during an ad, and video sharing sites saw 38.4% viewers click away and never actually watch the video content they originally came to see.
For advertisers, it becomes a bit of quandary when it comes traditional CPMs (Cost-Per-Impressions). If an "impression" or "view" is logged at the beginning of the pre-roll, for instance, and not after the ad has been viewed in full, then it's quite possible advertisers could end up paying for viewers that never saw their ad. For publishers, they risk losing a quarter of their audience based if they run pre-roll ads.
Burch concluded that:
"There is consensus around the industry about when to count a view, that's just a stream. But I think there's also consensus that that's obviously not enough. The technology is there to track it but benchmarking is just the beginning."
About Tubemogul
TubeMogul is a video advertising and analytics platform that connects advertisers with highly targeted audiences. TubeMogul's advertising solution is powered by the company's unprecedented data platform that tracks billions of video streams every month from the Internet's top publishers. This unique technology enables TubeMogul to help advertisers find consumers who want to watch their videos - and watch them longer. Advertisers and marketers never again have to choose engagement and accountability over reach if they use TubeMogul's video advertising and analytics platform.
