In this edition of Mobile Monday, we are examining what the latest developments at CNN’s video startup mean for publishing trends as well as how Adidas is leveraging product customization with a singular message to support a cause.
CNN Doubles Down on Modern Storytelling
A couple years ago, CNN unveiled its short-form video startup Great Big Story, which Fast Company described as CNN’s response to Vice and Buzzfeed. The startup aims to captivate millennials with catchy video content.
Less than two years later, CNN is doubling down on this strategy, and is investing $40 Million into the studio in order to develop a 24-hour streaming network. The “always-on” network is expected to launch in the summer of 2018 and will tout a mixture of long-form, unscripted, and otherwise acquired content. Distribution for the channel will include over-the-top services, skinny bundles, and other digital delivery platforms.
Meanwhile, Vice recently raised $450 million, and BuzzFeed is into its second round of funding from NBCUniversal. With all three content powerhouses investing heavily in video content designed for modern user experiences (ie: digital & mobile), we can only hope that even more traditional publishers will follow suit.
50 States of Sneakers
The merits of ad localization and customization for increasingly granular audience segments go without saying. After all, people like — and expect — custom tailored content and experiences. Of course, the ability to customize an ad for something is limited to the number of angles that the product can be (hopefully honestly) portrayed.
However, let’s flip the concept for a minute. What if the message is universal — while still following many mobile video advertising best practices in its announcement video — but the product itself as customized,? What if it benefited a cause more aspirational than personal preferences?
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