Hollywood@Hand: What Does William Morris, Accel Partners, Venrock & AT&T Deal Mean To Mobile Content?
One of its most legendary talent agencies, a couple of powerhouse venture capitalist firms, and the nation's largest mobile carriers have teamed up to figure out just what to make of the mobile medium.
What will it mean to mobile content (and advertising)? Probably not as much as these parties might hope.
In BRANDING UNBOUND the book, I look at how a number of Hollywood studios - Warner Bros., Sony, NBC Universal and many others - have been making the most of the mobile medium.
But this new alliance between the venerable William Morris Agency, venture capitalist firms Accel Partners and Venrock, and mobile carrier AT&T is as much about threats than opportunities.
As today's New York Times puts it, the real impetus for these partners' new investment funds may be fear from Hollywood and the carriers that upstarts and other interlopers could upend their content plans - plans that didn't work well on the wireline Internet, and probably aren't that compelling on the mobile one, either.
According to the Times, AT&T's not really look at this for mobile content. Instead, it's on the hunt for new technologies "that will make it easier to run ads on cellphones, as well as to nurture social networks like Facebook and MySpace, online hits that have migrated to hand-held devices."
Let's hope so. AT&T along could sink any compelling new content offerings. Not that there's anything wrong with AT&T, but it's essentially like a Hollywood studio teaming up with a cable company to find content that can thrive outside of its walled garden. Ain't going to happen - at least not well.
Still, the Times narrative is along the lines of "Hollywood has never understood technology, and technology companies have never understood Hollywood."
Nothing could be further from the truth, of course.
Hollywood was among the first to truly monetize many new media forms, from film (silent to the talkies to Technicolor and beyond) to radio to television.
What it hasn't been so good at is the Internet, and, more recently, mobile. Open platforms anyone can use as they wish.
AT&T's maybe not the best partner to try to figure that one out.
Then again, for all these players - AT&T especially - what alternative do they have?
Read all about it, here (sub. req.).
Quick Links:
GENERATION WOW: The World of Multi-platform Marketing
BRANDING UNBOUND The Book
BRANDING UNBOUND IN ADWEEK Magazines
Rick Mathieson.com








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