With time shifting, I would think the value (or more the lack of
value) of not only the content changes but also the ad, probably more
so.  A company can go out of business, change hands, change products,
and would probably have a new version of the product at a later date.
 If the ad was generic enough it may have longer pertinence.  But I
would think the ad would be less meaningful and valuable to the
company paying for it in time.

  -- Enric
  -======-
  http://www.cirne.com  

--- In [email protected], robert a/k/a r
<[EMAIL PROTECTED]> wrote:
>
> Adam, correct, the time-shift thing is very true, I'm thinking the 
> pricing of the forward commodity, the advert, are and time-shifting are 
> both in that equation some where. In the past, when calculating CPM and 
> such the time-shift was not as significant because the media was better 
> controlled. And today, when you lose control of the media you can't 
> control first-run vs re-run pricing in the same way, if at all.
> 
> Further, continuing with the RB example, they chose to sell a weeks 
> worth, which bundles mondays, tuesdays, etc and makes a unit. They 
> could have auctioned just next monday and separately next tuesday, but 
> they didn't. They made a conscious decision to sell a strip, which 
> homogenises the price. Is a friday worth more than a tuesday? Who 
> knows. If you watch the RB episode manufactured on tuesday time-shifted 
> to friday is it worth more? If you watch it a year from now what is 
> that advert worth?
> 
> And they chose the length of the strip as a risk / reward decision. 
> What if RB had sold a months worth of adverts as a block. If they had, 
> RB would have had less risk, though they may have received a lower 
> price. Risk/reward at work there too.
> 
> Seems like there's a lot of blending going on in new media pricing. 
> This is not totally new science, however it is good to think about in 
> the context of vlog economics.
> 
> 
> 
> 
> On Feb 15, 2006, at 11:28 AM, Adam Quirk wrote:
> 
> >  On 2/15/06, robert a/k/a r <[EMAIL PROTECTED]> wrote:
> >>
> >>  Obviously such variable pricing works because the number of seats in
> >>  the theatre is limited and they have a half life. It's not
dissimilar
> >>  to the freshness of vegetables on the shelf at the grocer which 
> >> expire
> >>  or the freshness of media. If a seat in the theatre goes unsold it's
> >>  not recoverable. If a bunch of carrots go unsold they are not
> >>  recoverable.
> >>
> >>  What happens to the price for a "show" on the Internet once it is no
> >>  longer fresh, can it still be sold as "new"? Can a secondary market
> >>  develop and, if so, how will it work?
> > One of the things that internet distribution has going for it is the 
> > ability to time-shift the media, which cuts into this theory a little 
> > bit.  Although for shows like Rocketboom that deal with current 
> > events, or news shows, I guess the carrot analogy holds true. 
> > Most stuff I watch doesn't necessarily lose value as time goes by.
> >
> > Sites like the NYtimes charge people for archive diving.  Maybe 
> > there's something there.  The latest week's worth of media is freely 
> > distributable by all the available means, but anything older than a 
> > week costs X, where X is a reasonable price for a short video that 
> > someone wants to watch.
> >
> > AQ
>







 
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