Think different…
Transmedia begins in our heads, in our way of working, of building our crews, of making deals… All the steps have to be opened up…
Financing projects is going to become more complex.
The classic economic model of a content producer rests on the pre-financing brought in by different broadcasters in exchange for a certain exclusivity. However, the digital habits of 2.0 are exactly the opposite…
With Transmedia, in order to maintain his rights, the producer must have a large number of micro-financings. Documentary producers already know how to construct these complicated financing schemes. Example: “The end of the line” on Channel 4 (here), a very complex financing with money coming completely from non TV sources: sponsoring, branding, NGOs, etc… “Home” was also financed 80% through patronage.
- Creating a new skill…
Financial aggregators… Who will acquire this skill first? Producers? Broadcasters? Advertisers? Agencies? New players that are yet unknown?… If they don’t want this opportunity to re-balance their relationships with the rest of the economic players slip by, producers will have to be the first to find the right business models… Could we imagine them associating in order to create, from nothing, a new way to share? Think of Univercine for VOD.
- Advertising has to make its cultural revolution…
Advertising has to reinvent itself to be more “intelligent”, not an aggressive caricature and not intrusive. The public’s exposure to advertising has to be organized in time: it’s a re-distribution of the cards since in the classic model, broadcasters are the only contacts for advertisers and advertising agencies. By entering this territory, producers can be seen as poachers in their private hunt… Think of the complexity and imagine a ménage à 3, 4, 5, 6 etc…
- Emerging cooperation…
The big integrated media groups will have to accept that producers incorporate financings from competing groups, which will, for a particular program, become partners connected to the project. It would be absurd for the “old” logic to prevail, such as forbidding a producer working with TF1 but whose project doesn’t interest Bouygues Telecom for the 3G part, to go negotiate with SFR or Orange…
Macroeconomic Competition + Punctual Cooperation = Coopetition
Producers have a lot on their plate, but they’re not the only ones…
Producers will have to be much more competent, like in the US or the UK, take an interest in the writing, the artistic dimension… Marketing the film from the beginning is a good way to start reflecting and learning, even if the part that requires reinventing comes later on, in the writing itself. How to find the writing skills to invent transmedia universes? And once they’ve been found, how do we finance their development?
The landscape is changing for everyone… The sector is very fragmented today, maybe we must prepare for a re-consolidation down the line. Whatever may be, it seems crucial to work together, to build associations… Te remember that Endemol was nothing before it became the giant that we know today… The wind can rapidly change.
What about paper?
Transmedia can also extend to paper media: example of “Death Radio”, a transmedia book… www.deathradio.fr