Mark Owens is someone who is immersed in brand
affinities and integration. His background includes a stint at Pepsi where he
integrated pop culture icons to help position and move the brand. He then moved
to LA, expanded his client base and subsequently worked with some of the
largest companies in the world to help them integrate into all types of media
including television, feature films and the digital space. Now the Chief
Revenue Officer at Corbis, a company wholly owned by Bill Gates, Owens is
charged with matching brands with content to spur integration and consumer
engagement and to measure it using a proprietary measurement system called BEN.
In this interview, Owens talks about his role in the
company, how integrations work, how integrations are measured, types of
algorithms used to track integration efficacy, programmatic in the agency
world, television’s new role in the ecosystem, rebranding efforts and future
trends for the media industry.
Subject length (minutes)
Background and TV 4:58
BEN 7:30
Multiplatform and Programmatic 7:04
Predictions 4:06
Here is an excerpt of the interview:
CW: What is Corbis?
MO: Corbis is Bill Gates’ company. He is the sole
shareholder. It was founded 25 years ago as an intellectual property company
where images (now over 160 million of them) are used by either media companies
for commercial brands from the standpoint of their usage tied to marketing –
whether it’s websites or brochures or collateral materials. That was the core
business for Corbis for many, many years. About ten years ago they started to
work on the entertainment side as the image side went more into the digital era
and we morphed into more of a media entertainment company.
Charlene Weisler interviews Mark Owens of Corbis who talks about his background and his company in this4:58 minute video:
CW: Where do you think the television business is headed?
MO: In the days of blue ray DVD, VHS, Beta, ultra disk and
laser disks, we thought it would be the demise of the cinema business. Then
streaming came along and we thought it would be the demise of television. What
it really has meant is that content consumption has gone way up. It has gone up
from five hours a day to eight hours a day. And I don’t know if our human brain
is ready to tackle from an evolutionary standpoint eight hours of content a
day. But people are viewing eight hours of content a day and they will start to
move away from calling it television and begin to call it content. And if they
are watching it on device A, B or C, it is just a device, a screen.
Mark Owens of Corbis talks to Charlene Weisler about BEN, a measurement interface and platform for integrated marketing in this 7:30 minutes:
CW: How do you measure your different integration
offerings?
MO: The most interesting thing for me, coming into a built
company, is how we use measurement and ROIs as not only a differentiator for
the business but something we give to our content contributors like our
photographers and videographers or the producers who give us content for brand
integration or our brands. We are the
middlemen, the liaison between those content providers and the brands and the
publishers. And our job is to make sure that the data that is in the hands of
who is using, following, watching – all that – is shared with our contributors
to give them the best feedback to let them know what we need. We have made
partnerships with some of the biggest agencies in the world - Nielsen,
comScore, C4 (which used to be the motion picture group) so we can evaluate the
integrations we do and what did that actually do for the brand. How did it move
the needle in terms of purchase intent, affinity, recall and impressions by the
demographic. We want to put data and
science into the mix and create algorithms and a defense-able policy of how
that will really improve the bottom line of a brand.
CW: How do you
put data and science into the mix?
MO:
First we have a lot of really smart people who look at the 25 year history of
how we have done integrations in the past and what have been the metrics that
have really moved the needle. Is it the cast? Is it the distributor? Is it the
time slot? Is it the social media scores? What is the composition of the data
points that really help us articulate whether an opportunity on a
prognostication standpoint has a really good chance for success, or on the
backend, what are the drivers and the movers of the needle that really help a
brand. So we have created some interesting formulas that are proprietary but
think about it as if you have a certain amount of the factors it will give you
one score. If you have less of those you will have another score. We created
the Branded Entertainment Network tool called BEN to become the measurement
experts and be seen as Nielsen is seen in the television industry. We want our
BEN product to eventually be the gold standard in terms of measurement.
Charlene Weisler interviews Mark Owens of Corbis who talks about multiplatform applications and programming in this 7: 04 minute video:
Charlene Weisler interviews Mark Owens of Corbis who talks about multiplatform applications and programming in this 7: 04 minute video:
In this final 4:06 minute video, Mark Owens shares his predictions on the future of media with Charlene Weisler:
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