Showing posts with label Innovation Congress. Show all posts
Showing posts with label Innovation Congress. Show all posts

Jul 31, 2017

Mapping Turner Studios' Future with Peter Scott

Turner is one of the leading companies focused on innovation, so it was no surprise that Peter Scott, Vice President of Emerging Media and Innovation, Turner Studios, was a presenter at the recent Innovation Congress held in New York City.  His presentation offered a rare glimpse into how Turner is expanding its content creative footprint. 

Scott began his career out of college in 1999 as a news editor at CNN, where he participated in global news gathering in dangerous hotspots such as Sarajevo during its civil war, "driving these luxurious armored cars through the streets and working with great reporters such as Jim Clancy, Peter Arnett and Christiane Amanpour."  These experiences helped Scott create a framework for developing innovation across all of Turner's brands and business groups.  "Innovation occurs across all businesses," he noted.  "It is important to have a base and I was blessed to have [one]."

Turner Sports
His work with Turner Sports includes the recently acquired eSports where he is figuring out how to build tribes of fans.  Turner also has a contract with Vision Baseball post-season baseball on TBS.  About seven years ago the contract to March Madness expired and, at that time, Turner was able to get that franchise and, "along with all of our channels and our digital teams in Atlanta to build great experiences across 16 platforms," he recalled. Turner also manages all of the digital rights to the NBA tracking league pass usage across platforms.

Turner Studios
Turner Studios works across all groups in the company.  "We are creating content with brands such as show formats and storytelling, using technology across the board, [and] serving a lot of different masters inside Turner Studios to figure out how the future is going," he explained.  Turner Studios ties technology to the fandoms and tribes they have inside all of the Turner brands.  According to Scott, Turner Studios in Atlanta is about 300,000 square feet with six sound stages.

Finding Global Innovation
"We scour the world for the best shops and one of the places that kept coming up was Israel … like all the time," Scott marveled.  "We had this opportunity to set up an office in Tel Aviv -- Turner, Coca Cola and Mercedes all have offices there working with all types of technology such as ecommerce, blockchain, ad tech and video -- and bring this technology back to the States."  Israel's efforts include bringing together 150 start-ups offering great new technological ideas for not only news and entertainment verticals but also data analytics and sales.

"We are leaning into this space," Scott said, because of the high caliber of people available there.
Being in the right place at the right time helps spur innovation and creativity.  But be prepared to fight for your ideas.  According to Scott, in order to push the envelope on innovation, you must expect to navigate these three stages: ridicule (where you can get pushback for a great new idea), opposition (the pushback itself) and the "magic" of adoption.

"You have to be passionate and persistent," he concluded.

This article first appeared in www.MediaVillage.com

Innovation Congress 2017: A Wealth of “Bad” Ideas

Innovation Congress 2017, with a special focus on future influencer trends, media, content, technology, products, and advertising. Now, which are most likely to affect TV ads?

Of all the many current innovations, which will most impact how media is brought to market—and then bought and sold? Social Fresh, a social media marketing education company, offered some insights recently at their

About Those “Bad” Ideas . . .
A combination of technological advancements and consumer fragmentation has made the business of ad targeting especially challenging. However, there are many innovative approaches to leveraging technology in order to better reach desired groups.

Jason Keath, founder and CEO at Social Fresh, believes it all starts with a bad idea. “Bad ideas are often good ideas, but are not yet recognized as such,” says Keath. He believes bad ideas often (eventually) lead to success. They can also work as shortcuts to good ideas—or they might even augment other ideas and expand one’s creative potential.

So what is a possible “bad” idea for automated TV buying companies? Consider partnering more closely with content providers, matching certain advertisers to specific content based on their desired segmentations by time of day.

Please read the full article on the Videa blog.