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Thoughts On The U2 "Live" Concert/Webcast

As I type this, there's a live concert going on on YouTube (yes, YouTube) by U2.

I'm by no means a fan of U2 (don't kill me) but there are a few interesting things about how this is done.



  1. While I wouldn't call U2 an "old" band, one would argue their fan demographics skew slightly older. Getting a concert on a social channel could help spread the world to younger (< 18) fans in this day and age.
  2. U2 is a smart band. If you look at the stream (screen shot above) there are calls to action everywhere. Whether it's monetary (buy album now), opting in for future news/transactions (joining newsletter) or spreading word of mouth (sharing on Facebook, Twitter) anything someone clicks on adds value to the broadcast and U2 in some way.
  3. This could really be the future of broadcasting where everyone globally interacts at the same time. We already see it during soccer matches if you follow them on Twitter. But what if it were aggregated to one channel (ie YouTube) for everyone in the world? It really changes your perception of television, media and broadcasting.
  4. Less of an observation but just a thought: how much bandwidth do they have?!?!?!
What did you think of the live concert? Just another live stream or revolutionary? Glimpse of the future or gimmick? Comment below!

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Posted by Daryl Tay 

Comments (12)

Oct 25, 2009
mhisham said...
you are fast! they probably learnt from ColdPlay who released to public their turnleftturnright album FREE on net! :)
Oct 25, 2009
Daryl Tay said...
Or Radiohead who releases their stuff free too! One has to think this is going to be the way the future goes... content can be free but it has to be strong enough to lead to a second action (buying, sharing, opting in etc)
Oct 25, 2009
 said...
i kept recalling the book title "Advertising is Dead" - evidently, it's mutated to another zombie form i think. thats why going the way of the free seems ridiculous but it helps to keep the buzz up.
Oct 26, 2009
Daryl Tay said...
Not just buzz but free helps get consumers attention first, and convert that to monetary value second (assuming the product is of value/relevance in the first place).

Read Chris Anderson's "Free - the future of a radical price" for more!

Oct 26, 2009
 said...
I have been thinking about this for a while and i believe that free webcasting is a very viable channel for businesses.

say for example, soccer. We see plenty of sponsor boards around the perimeter of the field, and most of the time, I dont even know what those brands deal with. The only time that i have googled a sponsor name after a match was "Yorkie" because it had an interesting logo. Now imagine you are now watching webcasted soccer and those boards that you see are clickable and it can bring an immediate call to action.

I think for international companies, an internet webcast can help reach so many more people worldwide.

Oct 26, 2009
 said...
that is quite true, i wondered aloud ytd, if ESPN could take this up with youtube, then we dont hv to deal with Singtel/Starhub issue
Oct 26, 2009
 said...
in addition, companies might not have to work with television networks and just get their own channel. TV revenues are a huge source of moolah, but im thinking about it from a startup point of view when you are not as branded as the EPL..
Oct 26, 2009
 said...
i believe my comments are those of shortsightedness. :) Startups, may have a new avenue here
Oct 26, 2009
Daryl Tay said...
@Terence: That's a good point. I never really thought about the advertising by third parties. Not only can they get more reach, but they can get a more targeted reach! For example when we watch soccer a lot of those sponsor boards are UK-centric, but millions around the globe are watching it too. What if YouTube (or whichever online video source) could find a way to segment who sees what ads? For example all viewers in Singapore might see a Singtel ad, while those viewing in Europe might see a Vodafone ad. Could really push the boundaries!

@Hisham: Definitely not shortsightedness! We all see what's more relevant to us. I think online video has great potential for startups. I've seen many videos by startups (Evernote, Zumodrive etc) that convey the usefulness of the product to get my attention (first step) then convert me into a user (second step) and hopefully with time get me to pay for something (third step). For a startup with no huge advertising budgets, this is a great way to compete!

Oct 26, 2009
 said...
yeah its not shortsightedness, ESPN could always bill the companies that want to advertise on their network.

i do think that this streaming MUST be FOC (unlike yahoo that is doing a pay tv throught internet kinda model) where the companies that want the advertising bear the cost of it. Very much like our free to air TV. it must be FOC because in the day and age, its a matter of time before someone gets their hands on a bootleg version or a rip.

Oct 27, 2009
Daryl Tay said...
Agreed about paid vs FOC. The one time that could be changed might be live events (Champion's League finals or Superbowl) where the difference between real time and delayed telecast actually makes a difference!
Oct 27, 2009
brian said...
Radiohead beat them to it, without the hardsell. ;)

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