Is The Onion Video News on its Way?
by DT - September 1st, 2006
I was irked to see my favorite fake-news source The Onion – which I love both in hard copy and online, with the i-bonus of its hilarious podcasts “Onion Radio News†– being chided by the smart people at Online Media Daily for not having a video element on its site. But I was just as immediately cheered, because OMD’s sharp-eyed boys and girls had noticed that The Onion is indeed planning to post video-clips.
They had seen online ads (what else) at Craigslist (where else?) seeking video-editing staff who are “familiar with The Onion’s style of comedy. Looks like “Onion Video News†is on its way.
Good, is all I can say. For my own enjoyment, certainly, but also for the improving business prospects of The Onion, which incidentally has already been attracting the powerful buying-out interest of the mass entertainment giant Viacom, according to Variety magazine. Moving pictures can only add to its visitor stream, and to its ability to attract advertising.
Sites like The Onion – indeed just about any popular site these days – do seem to need video. The market researchers at eMarketer Inc recently reported that – unsurprisingly – video advertising is the fastest-growing area of marketing on the Internet.
And lo and behold – not before time, some would say – that phenomenally growing web entity YouTube.com (which of course is entirely based on video) is starting to assertively monetize its previously fun-loving and apparently pretty uncommercial operation.
YouTube rolled out a new ad platform that offering two main features – brand channels, where companies can create their own programming, and (a new notion) “participatory video ads,” some of which will direct users to the new brand channels.
The brand channels allow marketers to create their own programming, customize visual content with logos and other graphics, and accumulate audiences. The “participatory video ads†have their ongoing home in the upper right-hand corner of YouTube’s home page; when users click on them the video begins playing in place, next to a menu of clips posted by users.
CEO Chad Hurley says the new video ad units can serve to guide users to sponsored clips as well brand channels. The upper-right-hand corner unit, he promises,
“gives advertisers visibility in our system without disrupting the user experience.”
While the site initially and quickly captured the imagination of advertisers with its free, virtually limitless posting of video clips, including ads, the company had not previously come up with a good way to direct users to such content–which could easily get lost in the sea of short video clips that proliferate at YouTube..
Now, advertisers can link home-page video ads to other clips on YouTube, or to their own brand channels, and users can forward video links to friends and contacts. The combined effect of all this will be, according to Hurley, “recreating the viral nature of the site in a branded context.” Users also can share clips with friends and post links on their Web sites or blogs.
Warner Bros. is among the first big media companies to use the new ad units to promote an upcoming album. In their case it’s “Parisâ€, the debut “musical†effort from alleged celebrity Paris Hilton. Ah well – there was bound to be a downside.