Social TV and the Emergence of Interactive TVMultimedia Research Group, Inc.November 1, 2010 90 Pages - SKU: BFAQ6066280 |
| In May 2010, Social TV was named one of the 10 most
important emerging technologies by the MIT Technology Review, because it builds on
relationships already established in Social Media Websites like Facebook and Twitter to rebuild fragmented TV audiences. With Facebook now having over 500 million active users, and Twitter over 100 million, Facebook revenue is approaching US$1.1 billion in 2010, about double its 2009 revenue.1 Many consumers are using Social Media to connect with entertainment, like movies and TV, thereby creating the new product category called “Social TV.” Social TV is the extension of Social Media through the simultaneous use of a tablet or smartphone while watching TV. Already, Nielsen has reported that 59% of U.S. Internet users browse the Internet and watch TV simultaneously. And this number is sure to grow, especially among younger consumers who have grown up with smartphones and prefer watching TV on laptops. For now, Social TV is best with a second screen device—like a PC, iPad or smartphone-— because it allows for greater personalization and interactivity. Portable devices, like smartphones or iPads are popular among Social TV users because they already use Facebook or Twitter for communicating with others, and because users can message to many different devices. “Social TV is about bringing social back into TV,” said Jose Alvear, MRG IPTV Senior Analyst. “TV has always been a social medium, but personal video devices and multiple TVs in the home have made it less social. Today, social networking sites are making it easy for consumers to get social with TV again.” Social TV’s benefits for Content Owners, Consumers, Service Providers and Advertisers come in a variety of ways, including helping drive up TV ratings, rewarding consumers for watching TV, increasing brand engagement and even allowing for new rich media advertising opportunities. The report also highlights the leading Social TV Vendors and Platforms, looking at possible business models, and showing how Social TV works with actual case studies from major entertainment brands and TV shows around the world. The report also includes detailed opportunities, risks and recommendations for Service Providers, advertisers and content owners. Social TV Vendors include: Clicker, ClipSync, GetGlue, Hot Potato, KickFour, MediaFriends, Miso, Orca Interactive, Philo, Starling, Tank Top TV, Tunerfish, tvChatter and Vloop. Service Providers using Social TV include AT&T, BT, Comcast, France Telecom, Google TV, Microsoft (Xbox 360), Verizon and Virgin Media. Analytics involving “tweets,” “comments,” “trends,” and “likes” are also discussed. |
Additional Information
Press Release
San Jose, CA: November 22, 2010— In May 2010, Social TV was named one of the 10 most important emerging technologies by the MIT Technology Review, because it builds on relationships already established in Social Media Websites like Facebook and Twitter to rebuild fragmented TV audiences.
With Facebook now having over 500 million active users, and Twitter over 100 million, Facebook revenue is approaching US$1.1 billion in 2010, about double its 2009 revenue. [1] Many consumers are using Social Media to connect with entertainment, like movies and TV, thereby creating the new product category called “Social TV.” Social TV is the extension of Social Media through the simultaneous use of a tablet or smartphone while watching TV.
Already, Nielsen has reported that 59% of U.S. Internet users browse the Internet and watch TV simultaneously. And this number is sure to grow, especially among younger consumers who have grown up with smartphones and prefer watching TV on laptops.
For now, Social TV is best with a second screen device—like a PC, iPad or smartphone—because it allows for greater personalization and interactivity. Portable devices, like smartphones or iPads are popular among Social TV users because they already use Facebook or Twitter for communicating with others, and because users can message to many different devices.
“Social TV is about bringing social back into TV,” said Jose Alvear, MRG IPTV Senior Analyst. “TV has always been a social medium, but personal video devices and multiple TVs in the home have made it less social. Today, social networking sites are making it easy for consumers to get social with TV again.”
Social TV’s benefits for Content Owners, Consumers, Service Providers and Advertisers come in a variety of ways, including helping drive up TV ratings, rewarding consumers for watching TV, increasing brand engagement and even allowing for new rich media advertising opportunities.
The report also highlights the leading Social TV Vendors and Platforms, looking at possible business models, and showing how Social TV works with actual case studies from major entertainment brands and TV shows around the world. The report also includes detailed opportunities, risks and recommendations for Service Providers, advertisers and content owners. Social TV Vendors include: Clicker, ClipSync, GetGlue, Hot Potato, KickFour, MediaFriends, Miso, Orca Interactive, Philo, Starling, Tank Top TV, Tunerfish, tvChatter and Vloop. Service Providers using Social TV include AT&T, BT, Comcast, France Telecom, Google TV, Microsoft (Xbox 360), Verizon and Virgin Media. Analytics involving “tweets,” “comments,” “trends,” and “likes” are also discussed.
Index of Companies Referenced
ABC KickFour
AdaptiveBlue Logitech
Amazon.com, Inc. MediaFriends (Integra5)
Apple Computer, Inc. (iPad, iPhone, iPod, iTunes, Mac)
Microsoft Corp.(Phone 7, Windows, Xbox 360)
AT&T Miso
Bazaar Labs Monterosa
BBC (iPlayer) MTV
Blockbuster Inc. NBC Universal
Bravo TV Netflix, Inc.
Cablevision Systems Corp. North Bridge Venture Partners
CBS Ons Telecom
Cisco Systems, Inc.(WebEx) Optimus
Clicker Media Inc. (Clicker) Orca Interactive
ClipSync Oxygen Network (Oxygen)
CNN Parks Associates
Comcast Corp. (Plaxo) PBS
Compete.com People.com
CrunchBase PepsiCo, Inc. (Pepsi)
Deloitte Philo
DFJ Gotham Ventures Reddit
Digg Research In Motion Ltd. (BlackBerry)
DIRECTV, Inc. Revision3
DISH Network L.L.C. ruwido austria gmbh
E! Showtime
ENIAC Ventures Starbucks Corp.
EPIX Starling
Facebook, Inc. Starz
FastCompany Tank Top TV
Foursquare TechCrunch
Fox Broadcasting Company The New York Times
France Telecom The Nielsen Company
FremantleMedia Time Warner Cable Inc.
Frog Design, Inc. TiVo Inc.
GetGlue Trendrr
GoldPocket Interactive, Inc. Tunerfish
Google Inc. (AdWords, Android) tvChatter
Google Ventures Twitaholic.com
Gowalla Inc. Twitter, Inc.
HBO Veo7
Hewlett-Packard Company (Palm, Palm OS) Verizon
Home Shopping Club
Vestitel
Hot Potato VH1
Hulu Vloop, LLC
IFC Wikipedia
IMDb WPP Group
IneoQuest Technologies, Inc.
Yelp
Internet Advertising Bureau
YouGov
JWT Zagat
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