Variety covers the alleged attempt of the big nets to start their own YouTube. I spoke to the reporter and made additonal points:
The networks are foolishly trying to maintain the old-media model of getting everyone to come to them — rather than going to where the people are — and that will both cost them marketing dollars and cost them the marketing opportunity of reaching a new audience. They should be embracing this new world and figure out how to monetize it with advertising and as a free marketing vehicle: You want viewers to recommend your shows! You want new viewers to discover your shows! You want your shows to be cool and to be cool you must be in the conversation! And if you’re really, really cool, you’ll want the viewers to turn into producers making shows around your shows: witness both Star Trek and LonelyGirl15.
But I also had lunch with a smart media exec who shrugged at all this news about an attempt to start TheirTube: “If there is…” he said. In other words, it could just be a negotiating ploy vs. Google and YouTube.