Tuesday, April 13, 2010

See Me, Hear Me, Buy Me....

I'm violating rule #1; never blog more than once a day, at most. In fact, more than 2x a week is stretching the limits. Why? Your audience will be convinced that you are either (i) unemployed (at least 1 out of 10 are, so you're not alone) or (ii) under-employed (who isn't?) and/or (iii) a narcissist that craves attention and is suffering from the delusion that people want to actually tune in to your blog and read what you have to say.

But, when it comes to a topic that we're particularly passionate about, we find ourselves pontificating more frequently.

Web-based Video (for corporate application). How many times have we shouted out about this? You can search the blog archives, but I'd think you'll be seeing postings on this topic going back to the early 2000's, or thereabouts. In any case, we're compelled to point out a watershed moment from within the sometimes illiquid realm of financial services.

You see, banks and brokers haven't easily embraced web-video for several reasons. We'll overlook the issue i.e. network security, so perhaps the most relevant is that regulators that regulate the advertising of registered broker/dealers are pernicious when it comes to advertising collateral, and compliance departments at respective firms are sensitive when it comes to approving advertising content that don't have easy-to-understand rules to guide them.

To date, FINRA hasn't been able to come up with guidelines for brokers or for hedge funds when it comes to the approval process of web-video content..but now they apparently have...as illustrated by a press release put out yesterday by BarclayHedge...a media company that provides a range of services to the hedge fund world.   Here's the excerpt:


BarclayHedge, Ltd., announced the launch of BarclayHedge TV – a web-based capability that allow registered managers of hedge funds, fund of funds and managed futures funds to create and make available videotaped presentations online for current and prospective investors. BarclayHedge, which had begun accepting applications for its new BarclayHedge TV service, will arrange and oversee all aspects of its new video service, from scripting assistance to professional videotaping & editing to online hosting and updating.
“We believe this is an opportunity for funds to provide a higher level of transparency and interest among prospective institutional and high net worth investors.” Sol Waksman, founder and President of BarclayHedge, said, “We think regulators and investors alike will welcome a tool that allows them to see, hear and evaluate the people and the thinking that drives various alternative investment strategies.”


We don't know that much about Barclay's capability i.e. producing content, but we do know that NYC-based MediaPlace knows how to do this stuff better than most.

And while we're on the topic of video: today's NY Times Business section includes a half-page article profiling the evolution of Out-of-Home and In-Store Video:  "The Incidental Video Screen is Seen By More Viewers Than Prime Time," and asserting the fact that those little (and sometimes big) drop-down flat panels in doctor's office's, health clubs, lounges, and retail stores are capturing more valuable eyeballs than prime time TV--which makes that genre a superb channel for advertising to captive audiences.

Last: for those that missed the above points, sit back, watch and listen to this: 






1 comment:

Anonymous said...

brilliant post..keep up the good work..and get yourself a high profile job so that everyone can follow your observations/accomplishments!