When YouTube first entered India, it didn’t really officiate itself until it was already a year and a half into the country. A pre-smartphone era, the diaspora and the desktop reigned supreme, and it consumed all content, especially Bollywood gossip, with a voracious appetite.
There was no TrueView, and a glut of remnant inventory, gathered dust in agency offices. A place where the premise of watching streaming video on your phone was alien, and the idea of having any ads on it, let alone skippable ones, an absurdity.
It’s been 8 years. Think about that for a second. This industry wouldn’t have existed just 8 years ago. A lot has changed.
When was the last time you heard someone say video on the internet is just Cats on Skateboards?
The internet is a great leveller. It forges atoms into bits, which can be reproduced at zero cost, all bits are equal. Every idea, equal to another at birth. The difference between premium and non-premium content is getting vaguer by the day.
The difference between audiences on TV and audiences on any other screen is on a slow but sure descent into irrelevance. There is only one grand prize, Attention, and in winning her hand, all screens are equal game.
The cable networks of the future are already here, and the 15 year old is already paying with his time. Indian television didn’t even put up a fight, we soothed our warts and let someone else figure out that “tech” stuff. Just give them the content, mark it under syndication, and the money will come in. Great news for platforms and great news for audiences.
It gave platforms like YouTube the critical mass to become a destination for programming, an equal ground for both Arnab and Arnub, for Sonu Nigam and Hanu Dixit, Baby Doll and Baby Deol.
These platforms are the MSO’s of the future. Growing up, there was only one cable provider in the area who controlled eye balls and rates, and he was far less accommodating and friendly than the folks we interact with. It would be fool hardy to think the same of any existing monopoly for video distribution in the world’s largest youngest mobile first market.
No-one calls Star a Dish TV network, just like eventually no-one will call Digital Video Networks, YouTube MCN’s. Equating platforms to media is akin to say Yash Raj is a Movie Network for PVR and ticket sales are the ONLY way to make money.