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An Extra Dimension Brings Additional Revenue to Entertainment Industry

Tuesday, February 7th, 2012
Andrea Corbo*

Beauty and the Beast 3DThe 3D movie fad is nothing new. Yet, after the 2011 re-release of The Lion King in 3D the fad seems to be getting bigger and bigger. With an increased number of 3D movie releases in theaters, I can’t help but notice that so many are just old movies that are being re-released. What a genius way to create profit! These movies wrapped production years ago, factored in budgets years ago, and already generated revenue for movie tickets and home sales. Now, to add a twist to them with minor post-production changes, 3D movies are creating a whole new field of easy revenue.

This being said, I’m not completely sold on the 3D idea. I don’t like when the movie is so 3D that objects are jumping in front of my face or when I start to feel motion sick. Yet, with the older movies that are now being converted to 3D, I’ve learned they aren’t as “3D” as we know it, but rather a layered look and 3D true to its definition.

Recently I went to a 3D showing of my old favorite, Beauty and the Beast from 1991. After the initial embarrassment of putting on the huge 3D glasses, I got to really enjoy the viewing. I remembered some dialogue by heart and was pleased that the beast wasn’t flying out into the theater to greet me. All in all, it was a positive experience where I took time aside to view a classic in its entirety.

Will I go see Titanic 3D this spring? Probably.  Yes, I have spent the infamous three hours and 14 minutes watching this film previously (ok, many times previously). However, I just can’t resist seeing it on the big screen again. For me, the draw isn’t so much for the 3D thrill, but rather for the nostalgia of the movie itself. Why not revisit an old favorite but on the big screen?

What do you think about companies like Disney and Disney Pixar cashing in on old hits re-released? Do you plan to see any of the 3D re-releases in 2012 and 2013? This list may tempt you: Finding Nemo, Monsters, Inc. and The Little Mermaid. Non-Disney 3D releases expected for this year are: Godzilla, Madagascar 3, Men in Black 3, Untitled Spider-man Reboot, and Untitled Batman Project.

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Bio: After receiving a B.A. in communications, and briefly working at a TV production studio, Andrea began volunteering abroad. This lead her to work in the non-profit world, where she was fortunate enough to learn about international education, women’s empowerment and social issues for the elderly, while traveling to over a dozen countries.  Since joining BurrellesLuce in 2011, Andrea is excited to share her thoughts and views on branding, social media, and communications with the growing Fresh Ideas audience, as well as her passion for cultural awareness, volunteerism, and sustainable efforts. Twitter: @AndreaCorbo; Facebook: BurrellesLuce; LinkedIn: BurrellesLuce

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Social Media: Reflecting Room or Eye Opening Forum

Thursday, February 2nd, 2012

Kelly Mulholland*

networkingAn overwhelming amount of news has been about Facebook’s new Timeline, a feature which all users will be required to implement in the near future. (If you are unfamiliar with the Timeline layout, please check out my colleague Andrea Corbo’s blog post for a detailed explanation of this new debatable feature.) Other headlines have focused on Facebook’s Rise From Start-Up to Establishment and its latest IPO.  

Personally, I’m much more interested in Facebook’s recent study on how the social giant has changed the way we gather and transfer information.

In a 2011 study conducted by Facebook’s Eytan Bakshy — which I found when I subscribed to Mark Zuckerberg’s statuses via Facebook this past month — the  author debates whether or not social media acts as a reinforcement of our own ideas we share with “strong ties” (such as friends, family, coworkers, classmates) or  a tool that broadens your view of the world by taking in new opinions from “weak ties” (strangers or acquaintances) and asks us to Rethink Information Diversity in Networks. Bakshy’s study was inspired by a 1973 American Journal of Sociology study conducted by economic sociologist Mark Granovetter called, The Strength of Weak Ties. In Granovetter’s study, documented well before the Internet, stronger ties flock together sharing similar information while weaker ties aren’t as prominent and withhold eye-opening news.

Fast-forward to the age of social media … Interaction is often compared to that of a party-like setting in which you must interact and share information with people in a similar manner. Bakshy conducted his current study to measure to and/or from whom at this “party” we are more likely to share information. With the help of Facebook’s newsfeeds feature, the study measured how often a Facebook member would re-share their weak ties links versus their strong ties links. While it was found that strong ties’ links would be reposted more often, it was the weaker ties that were the ones who provided the most information. How? While the strong ties may have more interests in common and a stronger influence,  Facebook friends are more likely to have a majority of acquaintances invited to their metaphorical social media bash than close friends.

The majority of a person’s newsfeed will contain new information from more dissimilar members via new updates posted throughout the day. Now more than ever, “weak ties” are able to share information spread throughout a social group. Whereas before this segment would not have the capability to reach a broader audience without the assistance of a larger media outlet, but now thanks to social networks such as Facebook, Twitter, Linkedin, Google+ and any other social network site that has a newsfeed element these “weak ties” are spreading their influence. I can say that Bakshy’s theory explains why I read his article in the first place from Mark Zuckerberg, a “weak tie.”

 Do you believe we are more likely to spread information due to the quality of the connection or the quality of content? Have you found that you are more aware of opinions that differ from your own, now that use of social media outlets has increased as opposed to face to face interactions? Most importantly, did you read or share my article because of this theory?

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Bio: Before joining the BurrellesLuce team in 2011, Kelly interned at CondeNast’s Glamour magazine as an editorial intern to the senior style writer and was an editor of her college newspaper. She received a B.A. in Behavioral Science and Business, Society and Culture from Drew University with honors. After graduation, she worked as a sales associate at Nordstrom and took a month off to travel abroad throughout Europe. In Kelly’s free time, she enjoys traveling, fashion, reading, bringing awareness to Breast Cancer, running 5Ks, baking and social media. Twitter:@miss_mulholland Facebook: BurrellesLuce; LinkedIn: Kelly Mulholland

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2012 Social Media Trends from IABC DC Metro

Monday, January 30th, 2012

Even though we know digital and online media continues to change, IABC/DC Metro started 2012 with a chapter meeting tackling the latest Social Media Trends.

The panelists included:

Emerging Social Media Trends
Each panelist brought different industry point-of-view to the discussion. Radick took government. Horowitz gave the agency perspective, Steigman reviewed the small business view and Dunham brought insight from publishing and the media.

  1. Government Use: Radick dispelled the myth that the government is behind the curve, but he did see them stalling in advances for 2012 because it is an election year.
  2.  Internal Communications: Radick also thinks there will be more enterprise 2.0 or social media behind the firewall to internal audiences.
  3. Integrated Efforts: Both Radick and Horowitz confirmed they see more integration into all lines of communications.
  4. Influencers: They felt the days of the “social media guru” are dying fast. Horowitz said it’s time to look for persuaders or influencers who can help persuade others to your thinking or agenda.
  5. Small Business: Steigman sees social media platforms as a reliable ecosystem and wonders how they can be used to make it easier to reach customers. She suggested reading Phil Simon’s The Age of the Platform: How Amazon, Apple, Facebook, and Google Have Redefined Business. She also feels it will be key for business to understand search and the data around it.  
  6. Digital Skills: Dunham is amazed by the use of tablets for tweeting, video, etc. Because many of his colleagues are not digitally inclined, he relies on interns to provide new ideas for using social media to drive more readers to their media properties.  

Social Media Best Practices for 2012
As with all social media discussions, some great best practices come out. Radick reminded us, “Don’t concentrate on social media tools, but concentrate on the principles behind them.

“When asked how to best measure social media, Horwoitz said, “You need to measure based on business goals, don’t measure on tactics.”  

For more helpful social media best practices, you can read Steigman’s highlights of the session on her blog.

What social media trends do you see for 2012? Please share them with the BurrellesLuce Fresh Ideas readers.  

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Pretty soon you won’t be able to tell the difference between Fox and Hulu, HBO and Netflix, or CNN and YouTube.

Monday, January 23rd, 2012

sneetchesThe recent jockeying for position and struggle to find an identity within the crowded and competitive world of network, cable, streaming video, and online television reminds me of one of my favorite Dr. Seuss stories, The Sneetches. The Sneetches were a group of yellow creatures, some with green stars on their bellies (a sign of distinction) and some without, until a character named Sylvester McMonkey McBean offers those without stars a chance to add them by going through his Star-On machine. In order to stay special the Sneetches formerly with stars happily pay the money to have them removed in his Star-Off machine. Ultimately this escalates, with the Sneetches running from one machine to the next, and to quote the good Doctor,

“until neither the Plain nor the Star-Bellies knew whether this one was that one… or that one was this one or which one was what one… or what one was who.”

The last few month, the news out of the “television” world has been very Seuss-like to say the least:

At this year’s winter TV press tour Kevin Reilly, entertainment president, Fox Broadcasting Company, revealed that his network plans to use web content as a development tool for the airwaves. “Something that starts in digital could be the next big primetime hit… We have an expertise, and a history, and proficiency, and a primetime audience base,” he confirms in this Atlantic.com article about 5 Ways the Networks Want to Change How You Watch TV. Reilly goes on to use Web Therapy starring Lisa Kudrow (of Friends fame) as one example of a web-only series that has successfully made the switch and is now aired on Showtime.

In an effort to kick start their declining subscription base, Netflix is beginning to act more like a network rather than your average streaming video provider. By jumping into the original programming waters, Netflix plans to release three new series in 2012 – starting with Lilyhammer, a crime comedy set in Norway’s former Winter Olympics headquarters, starring The Soprano’s Steven Van Zandt. Not to be outdone and fresh off a year where they realized 60 percent revenue growth in 2011, the web streaming service Hulu is launching its first ever original scripted series. Battleground, a mockumentary series described as “The Office meets The West Wing, premieres February 14, explains, this opinion brief on TheWeek.com.

And remember when YouTube was just a site where you could watch short clips of people doing funny and unusual things? Well, last week Reuters joined CNN and the BBC by unveiling its own channel to be shown on the popular video sharing site. The channels will show original content from Reuters on YouTube, which will allow them to leverage an army of over 3,000 reporters worldwide.

I doubt all the players involved with getting content to the masses will end up in blissful harmony like our friends the Sneetches, but it should be fun watching them run from one machine to the next having their green stars removed and re-added over again.

What are your thoughts? Please share them with me here on BurrellesLuce Fresh Ideas.

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Disappearing Act – Brands That May Not Be Around in 2012 – Part 2

Monday, January 16th, 2012

by Deborah Gilbert-Rogers*

Executive_Crystal_BallAt this time of year, perhaps more than any other, we PR and marketing professionals can all breathe a sigh of relief knowing that there are no shortages of bloggers and writers flexing their “intuitive” muscles to predict the trends and topics in store for the coming year.

Not too long ago I posted on Fresh Ideas about the 10 Brands That May Not Be Around in 2012 as revealed by 24/7 Wall Street, a firm offering insight analysis and commentary for U.S. and global equity investors.

Now CoreBrand, a branding and marketing research firm, is making some predictions of its own. According to an article on Business Insider, These Famous Brands Will Disappear in 2012, “two days before the Wall Street Journal  reported Kodak will fill for bankruptcy, James R. Gregory, CEO of branding and marketing research firm CoreBrand, predicted that Kodak would ‘disappear’ as a brand in 2012.”

The article is quick to address that “bankruptcy doesn’t mean the end of Kodak as a business. The company and its brands could be bought or restructured.”  Still we can’t ignore that many businesses within the tech industry are struggling to find relevancy in a rapidly changing digital landscape – even the ones who have consistently relied on their strong branding efforts to pull them into the new millennium.

The same can be said for companies in the automotive industry, which have struggled to balance their bottom lines even after extensive government and taxpayer bailouts. In fact, Saab, number four on the list, also recently filed bankruptcy.  Yet the company still garners media attention, because, as this Wall Street Journal article explains, “this quirky little car brand with its few, but fiercely loyal enthusiasts, has been a source of great affection, nostalgia, and Swedish nationalism.”

But having a recognizable and timeless brand can’t do much when an organization suffers financially and structurally… or can it?

Lesser known companies may not seem to do well on their own, but might still rely on the success of their products. For example, Yum Brands! (number 7 on the list) is parent company of KFC, Pizza Hut, and Taco Bell, all of which seem to do well in their own right. That is, if Yum Brands! avoids taking a page from the playbook of Hostess (whose classic brands include Twinkie, Sno Balls and Wonder Bread brands). Last week, Hostess filed for bankruptcy just two years after emerging from bankruptcy, confirms the Huffington Post.

What are your thoughts? Are these “disappearing acts” just a sign of the times or can something be done from a communications and PR standpoint to help other brands from avoiding a similar fate? What is digital media’s role in all of this, if any? Please share your thoughts in the comments below.

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Bio: After graduating from Rider University, where she received a B.A. in English-writing and minor degrees in Gender Studies and French, Deborah joined the BurrellesLuce Marketing team in 2007.  As a marketing specialist she continues to help develop the company’s thought leadership and social media efforts, including the copywriting and editing of day-to-day marketing initiatives and management of the BurrellesLuce Fresh Ideas blog. Facebook: BurrellesLuce Twitter: @BurrellesLuce LinkedIn: dgrogers

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