MTV service seeks revenue from fan remixes

Sat Jul 7, 2007 5:54pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

By Antony Bruno

DENVER (Billboard) - In a nod to the ever-evolving world of Web 2.0, MTV is turning to a new source for cutting-edge music videos -- fans.

The company in June quietly introduced its free Video Remixer service, which enables users to create their own version of select videos using clips from the original video, archived MTV footage, photos and other media. MTV then airs the top-rated submissions.

The first video available was Kelly Clarkson's "Never Again" on June 5, followed shortly by Nelly Furtado's "All Good Things (Come to an End)" June 29. Additional artists are being lined up for the coming weeks.

MTV joins a growing cadre of video services that give users increased creative control over an artist's vision, among them Eyespot, Gotuit and, soon, Sony Music Box. These are not to be confused with services that simply add background music to photo slide shows.

Their goal is twofold: Provide labels and artists with a new promotional tool and increase revenue potential for ad-supported online music videos. The strategy for both relies on raising the value of videos online.

"It seems so wasteful to spend all this money on music videos that have a six-week life cycle," MTV executive VP of digital music and media Courtney Holt said.

In Clarkson's case, the official version of "Never Again" was a top 10 video on MTV and was streamed "hundreds of thousands" of times, according to Holt. The remix contest, meanwhile, received more than 750 submissions in less than a month. About five of these were viewed more than 1,000 times, with the most popular surpassing 2,000. Approximately 30 gained more than 100 viewers, while 360 received less than 10.

Meanwhile on Eyespot, more than 1,500 members have submitted remixed versions of Lil' Mama's "Lip Gloss" since April 16, with new entries added daily. Collectively, the remixes have been viewed close to 40,000 times; one alone has had more than 10,000 hits.  Continued...

 
Photo

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended

Reuters Oddly Enough

Funny, quirky, strange-but-true stories from around the world.