Thursday, November 01, 2007

Most Favorite Media Vs. Most Popular Media


One of the many things I love about YouTube is the function that allows the viewer to see what the most watched videos are AND what the top favorite videos are. That's an important distinction that box office figures and Nielsen ratings don't make.

Even the "favorite" function on YouTube leaves something to be desired, since marking a video as your favorite isn't that exact an indication of one's adoration of the video. I've marked some videos that I found mildly interesting as favorites, and others that I've gone back and watched over and over again. There's no ranking feature within favorites (yet).

If you could see how people rank their favorite videos, movies, books, TV shows, that would really tell you something that initial revenue or viewer #s wouldn't, namely: how much a person would be likely to pay to own the media text in question, or shell out for a sequel or another text made by the author of the text; how deeply influenced the individual is, in terms of their values, by the text.

From some evidence I've gathered (an audience study I ran as an MA at UTexas; conversations with undergrads I taught at Emerson), Fight Club is among young people's favorite movies. And yet this film didn't do so well at the box office. A more extreme example of this is Donnie Darko, which tanked upon its initial release, yet seems to have quite a following. The DVD sales numbers indicate that these films have more of a following than initial #s would indicate (the same is true of ratings challenged TV shows that do well on DVD), but even that is an imperfect gauge of how much people really love something. The thing is, we've got the technology to tell what media texts really resonate with people right now - you can see the Top Favorites in various social networks on Facebook.

So, let's say your a TV exec. One show does really well in the ratings, but its not on any of the top favorite lists in any social network on Facebook. Another show has mediocre ratings, but is featured in many of the Top Favorite lists. You've got the opportunity to create a spinoff of both shows. In a world where TV execs are beholden to Nielsen ratings, you definitely go with the first one. Its entirely possible, maybe even probable, that the spinoff of this highly rated show won't do well b/c the fan base of that show was probably watching it not b/c of any inherent quality, but b/c it happened to be popular. They'd be just as likely to migrate to any other new show (probably whichever show was on during a time slot that appealed to them, or whichever show was most heavily promoted) as they would be to watch the spinoff. The fans of the highly favorited show would be much more likely to watch its spinoff, and maybe more likely to preach the gospel of how good the shows are, acting like an unpaid viral marketing team.

Bottom line: the technology to gauge fan passion exists. Even beyond Top Favorite lists, you can see how many people wrote lengthy positive reviews of something, etc. Its time to start paying attention to this, not just b/c you want to know what movies, TV shows, etc people will like in the future, but b/c you care about what media influences people's lives. The idea for this blog hit me when I thought: "which movie resonated more with people, and arguably shaped the philosophy and actions of its viewers: Fight Club or Norbit?" If you go by box office revenue, Norbit was 3 times more influential than Fight Club.

1 comment:

Christy said...

I think you have a point, but only in a particular demographic. Yes, among people who use Facebook, Fight Club was a hit, and producers should pay attention to that. But can you look to Facebook to know the tastes of 40-50 year-olds? Nielson ratings have the advantage of being representative, even if the concept is increasingly outdated.