These 4 Social Media-Only Shows Could Be The Future of TV

Millennial research, Millennial insight, Millennial marketing, Gen Z research, Gen Z marketing, Gen Z insight, youth research, youth marketing

An onslaught of social media-only TV shows are taking over teens’ screens, paving a new way to unfold a narrative that’s more interactive and engaging than traditional TV…

Social media is rising up as a legitimate place to launch shows for the Post-TV Gen, capturing the attention of major media brands. Though Ypulse’s Media Consumption Tracker shows that YouTube and Netflix top the list of places 13-36-year-olds watch videos weekly or more often, Facebook follows behind for Millennials at 45%. When we focus on teens, it becomes clear that social media platforms that recently started to up their offerings are taking over young viewers’ screen time: After YouTube, Instagram held 13-17-year-olds’ third spot at 50%, followed closely by Snapchat. Twitch and Facebook lagged further behind, but still beat out all other services, including cable.

Social media platforms are making sure those numbers continue to rise by making themselves a more attractive place for media giants to step in, or to launch their own originals. Facebook Watch has a rapidly-expanding slate of content, from dating shows to sports competitions, and they’re adding a new feature that aims to make social media video viewing more like live TV, reports Tubefilter. Meanwhile, Snapchat is betting that short original shows will hold teens’ attention, partnering up with NBCU for scripted original series—and they’re stealing top Hollywood talent like the Duplass brothers to do it. They hope the mobile-only format, which one producer calls “uniquely Snap,” will appeal to 18-24-year-olds and set their platform apart from streaming services and linear TV alike, according to THR. And then of course there’s IGTV, Instagram’s standalone app for vertical video which sets Instagram up as a YouTube competitor, writes The Verge.

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The Newsfeed

Quote of the Day: “Retail should be a facilitator for experience, rather than just selling product.”—Sharmandean Reid, Founder, Wah Nails London (YPulse)

Millennials seeking portable booze are cracking open canned wine. Even though the category still only accounts for less than 1% of the Millennial-favorite alcoholic beverages’ market, Nielsen reports it spiked 69% last year and continues to gain ground. An exec at Delicato Family Wines explains, “Millennials have grown up in a world where consuming wine outdoors—or any location outside of the traditional table—is more acceptable than generations past.” (Wine Spectator)

Summer camps are cropping up to teach kids how to become YouTubers. At I-D Tech Camps, Level Up, and Star Camps, kids can learn all about how to, as the latter puts it, “Become an Internet sensation.” They offer courses in how to create and post videos, from shooting clips to editing audio, and how to build their personal brand. But don’t worry, most are framing YouTubing as a hobby, not a career, and setting kids’ expectations accordingly. (WSJ)

A new bill could change the free-to-play profit model that’s made games like Fortnite top earners. Senators have proposed the official ban of “loot boxes,” or items that players can buy (and sometimes must buy) to win a video game, often gambling on what’s inside. Senator Ed Markey explains that “Inherently manipulative game features that take advantage of kids and turn play time into pay time should be out of bounds.” For some, this will eliminate a key revenue stream and open the door to review other in-game purchases.  (The Verge)

A social media overhaul upped Corn Nuts’ sales by 12%—with no paid support.The snack’s sales were stagnant before a new exec took over their Twitter, infusing it with the personable tone food brands have become known for (and sometimes notorious for). Since then, followers spiked from 650 to 21,000, and what they’re calling a “scrappy” strategy “absolutely translated to sales,” reporting that retail sales spiked 12% and Millennials’ repeat purchases rose the same percentage. (Marketing Dive)

The retail apocalypse continues, with 7,000 more stores closing their doors in 2019. CoStar Group estimates that the square footage of retail space closed has topped its own record each year since 2017, and this year they’re “predicting more of the same.” PayLess ShoeSource, Gymboree, Dressbarn, and Charlotte Russe lead the list of number stores planned to shutter this year, as retailers learn to scale down size and up Experiencification for young shoppers. (Business Insider

Quote of the Day: “It’s a really interesting time at the moment in catalog [music]…Sometimes, it’s a question of how we make something out of nothing.”—Tim Fraser-Harding, President, Global Catalogue, Recorded Music at Warner Music Group (Rolling Stone)

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