TR
ITV regularly has a whinge about its financial problems and is always trying to slash jobs and its PSB requirements, but I always feel there are some - seemingly obvious - things they could be doing to make a bit more money.
In recent years the music industry suffered due to illegal downloads, but some things have changed. The first is the introduction of 'Spotify' - allowing users to stream content instantly, legally, free of charge, with the occasional advert. You can also upgrade for a small fee to listen without adverts.
Secondly is taking acts on tour. The real money in the music industry comes from taking a successful act on tour. Now acts going on tour is by no means a new thing, but recently we've seen acts like The Saturdays have their own theatre tours after just three moderately successful singles, and it's made the record company a load of money.
Both of these ideas could help ITV.
ITV themselves have suggested are charging viewers for 'clips' on their site, charging for ITV player on the site and also charging for their channels - taking them off Freeview. The problem is, I think most people would simply choose not to watch ITV if this was the case. The Susan Boyle clip would probably not have been a hit if it cost 25p to watch. The 'magic' of clips like this is that they can spread around the world because they are free. Instead, why didn't ITV have an advertising deal on the clip - rather than allowing fans to upload it to Youtube.
I don't think many people would pay to watch ITV shows online, but perhaps people would pay 99p to watch an episode without adverts. They'd have to trial it of course to see how it goes, but the logical step would be to offer monthly subscriptions to ITV's on demand content without adverts - and keep it available for free with adverts too.
On the subject of ITV.com, why aren't they selling advertising space on 'catch up' in conjuction with the terrestrial broadcasts? As on demand is now a popular format, surely it would be more profitable to say "for your money, your ad will be broadcast to 4million on Wednesday, and an additional 200,000 online over the next month", rather than selling advertising space on ITV.com seperately.
Just like the music industry, why not take more shows 'on the road'? The X Factor and Britain's Got Talent are hugely popular, and this year both have held auditions in front of a live audience. Why not charge a few pounds for tickets? I'm sure people would pay a nominal fee to watch the auditions.
Also, why not hold the X Factor finals and semi finals somewhere other than a TV studio. I'm sure the X Factor final could fill the M.E.N or o2 arena. I know most of my friends, myself included, would pay £20 a ticket to go and see the X Factor final, live at the o2.
They sold 'Carlton Screen Advertising' as it wasn't a "core asset". Why not simply rename it "ITV Screen Advertising" - then play an ITV ident into cinemas across the country every night for a bit of free advertising and brand awareness!
I'm not even touching the tip of the iceberg here, but it seems like there is so much more ITV could be doing. Why have they instead been directing their efforts to 'Friends Reunited', 'ITV Bingo' and 'ITV Babysign'? Whilst I don't think there's any harm in branching out now and then, ITV made its fortune by making programmes people wanted to watch. They need to buck up their ideas and get these programmes out to people in a way they want to access them, and figure out how to make money by doing that.
In recent years the music industry suffered due to illegal downloads, but some things have changed. The first is the introduction of 'Spotify' - allowing users to stream content instantly, legally, free of charge, with the occasional advert. You can also upgrade for a small fee to listen without adverts.
Secondly is taking acts on tour. The real money in the music industry comes from taking a successful act on tour. Now acts going on tour is by no means a new thing, but recently we've seen acts like The Saturdays have their own theatre tours after just three moderately successful singles, and it's made the record company a load of money.
Both of these ideas could help ITV.
ITV themselves have suggested are charging viewers for 'clips' on their site, charging for ITV player on the site and also charging for their channels - taking them off Freeview. The problem is, I think most people would simply choose not to watch ITV if this was the case. The Susan Boyle clip would probably not have been a hit if it cost 25p to watch. The 'magic' of clips like this is that they can spread around the world because they are free. Instead, why didn't ITV have an advertising deal on the clip - rather than allowing fans to upload it to Youtube.
I don't think many people would pay to watch ITV shows online, but perhaps people would pay 99p to watch an episode without adverts. They'd have to trial it of course to see how it goes, but the logical step would be to offer monthly subscriptions to ITV's on demand content without adverts - and keep it available for free with adverts too.
On the subject of ITV.com, why aren't they selling advertising space on 'catch up' in conjuction with the terrestrial broadcasts? As on demand is now a popular format, surely it would be more profitable to say "for your money, your ad will be broadcast to 4million on Wednesday, and an additional 200,000 online over the next month", rather than selling advertising space on ITV.com seperately.
Just like the music industry, why not take more shows 'on the road'? The X Factor and Britain's Got Talent are hugely popular, and this year both have held auditions in front of a live audience. Why not charge a few pounds for tickets? I'm sure people would pay a nominal fee to watch the auditions.
Also, why not hold the X Factor finals and semi finals somewhere other than a TV studio. I'm sure the X Factor final could fill the M.E.N or o2 arena. I know most of my friends, myself included, would pay £20 a ticket to go and see the X Factor final, live at the o2.
They sold 'Carlton Screen Advertising' as it wasn't a "core asset". Why not simply rename it "ITV Screen Advertising" - then play an ITV ident into cinemas across the country every night for a bit of free advertising and brand awareness!
I'm not even touching the tip of the iceberg here, but it seems like there is so much more ITV could be doing. Why have they instead been directing their efforts to 'Friends Reunited', 'ITV Bingo' and 'ITV Babysign'? Whilst I don't think there's any harm in branching out now and then, ITV made its fortune by making programmes people wanted to watch. They need to buck up their ideas and get these programmes out to people in a way they want to access them, and figure out how to make money by doing that.