• Ep. 48: Paola Marinone & Bengu Atamer - YouTube's Evolution: From Social Platform to Connected TV

  • Oct 23 2024
  • Length: 25 mins
  • Podcast

Ep. 48: Paola Marinone & Bengu Atamer - YouTube's Evolution: From Social Platform to Connected TV

  • Summary

  • The latest episode of "A Guy with a Scarf" featured an insightful conversation with Paola Marinone and Bengu Atamer from BuzzMyVideos, revealing significant shifts in YouTube's landscape and its growing importance in the connected TV space. Key Takeaways: Connected TV Dominance Streaming viewership has increased from 34.3% to 37.7% in just 12 months Cable TV decreased from 30.2% to 27.6% in the same period YouTube's share grew from 7.9% to 9.3%, surpassing Netflix's growth (7.3% to 7.8%) As Marinone emphasized: "Connected TV and TVs are where everybody wants to be at the end of the day. Although every device is important, the big dollars are actually on TV." Platform Evolution Despite maintaining its core functionality, YouTube has been rapidly introducing new features. Bengu Atamer noted that recent changes might be influenced by the new CEO's product background. Key developments include: Enhanced AI capabilities for content strategy New "hype" button for boosting discoverability Improved mobile content creation tools Introduction of thumbnail A/B testing Extended Shorts duration to three minutes Auto-dubbing capabilities Discord-like community features Athletes' Growing Presence 2024 has seen a significant increase in athletes joining YouTube. Marinone observed: "I was actually wondering why this was not happening before. While you're doing reels and TikTok videos, why not on YouTube as well?" Notable examples include: Cristiano Ronaldo launching his channel Jude Bellingham creating original long-form content series Athletes developing their own production capabilities OTT and YouTube Synergy The discussion highlighted the complementary nature of OTT platforms and YouTube, rather than viewing them as competitors. As Marinone explained: "There is a lot of still OTT versus YouTube discussion, which for me is a bit funny because they're not competing. The two things are very complementary. They just serve a different step in the funnel." This is evidenced by Netflix maintaining 50-100 YouTube channels, demonstrating the platform's importance even for major streaming services. Content Production Evolution The conversation revealed an interesting divide in production quality expectations: Younger audiences prioritize authenticity over production value Older demographics expect higher production quality on connected TVs Athletes and sports organizations are investing in professional production capabilities Untapped Potential in Archives Marinone highlighted a significant opportunity: "All rights holders have millions of pieces of content they're sitting on, and they're still not thinking strategically about that... that is still like a whole golden pot, completely untouched." BuzzMyVideos Developments The company is evolving its offerings to meet market demands: Integration of playlist automation technology Enhanced analytics capabilities Strategic partnerships with tech platforms Development of comprehensive solutions from production to distribution Future Outlook The discussion pointed to several emerging trends: Increased investment in connected TV strategies Growing importance of multilingual content (as demonstrated by Bellingham's channel) Enhanced focus on community features Integration of AI-driven content strategy tools Continued evolution of short-form content As the platform continues to evolve, Marinone emphasized the importance of adapting strategies: "The sooner you actually catch the audience on the big screen, the better it is. It could even be for brands... they can go on connected TV in a completely different way." The conversation provided valuable insights into YouTube's transformation from a social media platform to a major player in connected TV, highlighting the opportunities this presents for sports organizations, athletes, and content creators. The platform's rapid evolution and growing influence in the streaming space suggest that organizations need to develop comprehensive YouTube strategies that account for both traditional social media engagement and connected TV presence. The episode concluded with a look ahead to upcoming industry events, including Social Football Summit in Rome and Sports Pro Madrid, where these evolving trends will likely be further discussed and analyzed.

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