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Monetization is key for User Generated Content
 

Indiantelevision.com Team

(26 March 2007 9:00 pm)

 

MUMBAI: The session on 'User Generated Content' was kicked off by an interesting observation by the moderator Sulekha.com CEO Satya Prabhakar who said, "There are more people who blog than people reading those blogs." Is that a case of too much content and no audience?

Some of the key issues discussed at the seminar included – how to make UGC relevant for the user, the copyright issues around content and why are the big brands wary of associating themselves with uncensored UGC? In such a scenario how does one make UGC viable for the advertiser?

Yahoo Groups' IM Swaminathan was of the opinion that availability of UGC had a huge impact on advertising and PR with more opportunities for viral marketing. "Bloggers are invited along with traditional media to press conferences and product launches. Marketers are now using them as samplers before launching their product into the market."

Swaminathan noted that as of now it was passion that was driving the bulk of UGC – passion to put out talent on to a worldwide platform. But will that be the only driving force?

Cellcast CEO Pankaj Thakar who spoke about the company's business model with reference to Sumo.TV said, "Our business model includes revenue sharing with the user includes a contract which we sign with the user who gives away his content for a pre decided amount." When asked if there was a certain percentage set for such revenue sharing, Thakar decided not to reveal figures.

In fact 'show me the money' could well have been the refrain for most users offering content on various platforms. If the question of monetization of UGC is a big challenge, the laws of copyright infringement are another vast area yet to be tackled.

Most panelists also wondered what would happen if YouTube lost the case against Viacom? Would that be the end of the road as far as UGC is concerned?

Martin Diesbach a lawyer in the arena of copyright laws was quick to point out that UGC laws differed from jurisdiction to jurisdiction. But one of the main concerns with copyright infringement was "ownership of content". The liability of the UGC platform provider is also under question.

An enthusiastic voice from the audience also emphasized that audiences need to give up ownership of their content once it passes into the hands of the broadcaster.

While remuneration needs to be built into the business model, the process by which content is monitored and filtered also needs to undergo a revamp.

MSN executive producer Krishna Prasad also emphasized that while a lot of the UGC content online was unstructured, the genre could also be used for "socially relevant UGC".

The panelists agreed that despite broadband issues, problems with local content acquisition and unclear new media strategy – more and more people would look at User Generated Content and there would be a shift from amateur content to professionally generated content.

However, the question of gratification of the user monetarily would have to be one of the first challenges to tackle.

 
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