
‘Social TV: How Facebook, Twitter and connected television transform global TV advertising, pay-TV, EPGs and broadcasting’ aims to offer the first critical appraisal of how the battle between the two major social networks over social TV is shaping twenty-first century television and challenging the TV industry.
The importance to marketers? The winner will take a dominant strategic position in socially-targeted TV advertising, pay-TV content recommendation, TV show marketing, next-generation EPGs and interactive viewing.
The television is already becoming a social device, as Google TV, Yahoo Connected TV, CE manufacturers and pay-TV operators race to connect TV sets to the Internet.
Internet TV apps also enable viewers to access their social networks via the TV screen and to discuss TV shows on TV while they watch.
Viewers meanwhile can use social networks and apps on the TV to recommend TV shows or movies to family and friends. They can equally discover shows and movies from them
This rise of social television particularly benefits the main social networking services, Facebook and Twitter, so that they are now rivals for multi-billion dollar segments of the international television market.
The report found that Facebook aims to tap the $180bn worldwide TV ad market Google TV and other connected TV systems will put Facebook and Twitter targeted ads on TV screens.
In addition, Global pay-TV, estimated at $250bn in 2014, needs social recommendation and discovery services because these encourage viewers to subscribe to more expensive packages and buy more video-on-demand Facebook and Twitter are both major providers of social data.
It also found that Facebook and Twitter buzz affects TV ratings, while broadcasters that use the social networks for viewer engagement are effectively sharing their audiences with them.
Recent Comments