"If Twitter is the telephone, we're the conversation."
That comment was a highlight of Fortune Brainstorm Tech's "Future of Television" discussion on Thursday—even though the person who said it wasn't in the room.
No offense to the panelists on stage: Disney (DIS) Media Networks co-chair Anne Sweeney, CBS (CBS) exec Nancy Tellem, and NBC Universal's (CMCSA) Lauren Zalaznick. But the remark--which moderator Jason Hirschhorn said former MTV Networks (VIA) CEO Judy McGrath uttered to him--nails the point about what programmers must do today: Go two-way and way beyond the TV screen.
What makes a hit? TV ratings still matter, of course, but social engagement can make or break a show in this digital era. Tellem, who is senior advisor to CBS chief Leslie Moonves, pointed to Gossip Girl on the CW network (of which CBS is a part owner). The series, by measure of TV eyeballs when episodes premiere, might be considered a dud--or at least "a conundrum," which is what Tellem called the show. But TV execs learned to love Gossip Girl because the target--young women and teenage girls--are passionate viewers online, via iTunes (AAPL), Hulu, Netflix (NFLX), video on demand, DVR, whatever. Plus, Gossip Girl's 9.8 million Facebook fans chat and tweet up a storm.
Meanwhile, on ABC, Grey's Anatomy and Modern Family have huge audiences who time-shift viewing via DVR--and typically skip commercials. Which is why Zalaznick says: "The DVR is the biggest legal pirate there ever was....We've enabled legal piracy." Zalaznick, who oversees NBCU's Entertainment & Digital Networks and Integrated Media, made the point that TV execs must learn how to make good money serving consumers who want their TV shows anytime and everywhere.
Moreover, building a hit is ever more complicated. Big social buzz—top Twitter trends, for instance--is less predictive of big TV ratings than it used to be, said Zalaznick. The reason? Social-media noise is getting so loud, it's challenging forecasters. "We're at a turning point," she added.
So the TV execs soldier on. The web's exploding social-media platforms--Twitter, Facebook, and other second and third "screens" beyond the tube—invite them to get a lot more creative with their products and build profits too. Meanwhile, Zalaznick reminded the group of the everlasting No. 1 challenge: "It is really hard to make excellent stuff about compelling characters that you want to see over and over again."
by Patricia Sellers
If you're a TV fan or any sort of media maven, check out this story about NBC Universal's (GE) study of viewer emotions toward the most-watched shows of the past 50 years.
NBCU surveyed some 3,500 heavy TV watchers and asked what emotions they felt viewing each program. Lauren Zalaznick, President of NBC Universal Women and Lifestyle Entertainment Networks, presented the findings, with cool moving graphics, at the TEDWomen MORE
Patricia Sellers - Dec 22, 2010 2:40 PM ET
by Patricia Sellers
This week, TIME Magazine presents the 25 Most Powerful Women of the Past Century.
Interesting that TIME, Fortune's sister magazine at Time Inc. (TWX), includes just two businesswomen on its list. Both -- Martha Stewart and Oprah Winfrey -- are entrepreneurs. Since her company, Martha Stewart Living Omnimedia (MSO), is struggling these days, Martha didn't make this year's Fortune Most Powerful Women list. Oprah, whose power keeps expanding and MORE
Patricia Sellers - Nov 22, 2010 12:12 PM ET
As I told you on Friday, there's apparently no truth to the rumors that NBC Universal (GE) exec Lauren Zalaznick, who built Bravo and oversees Oxygen and more there, has been negotiating for a top job at MTV (VIAB).
After the Postcard ran, Jim Citrin, the prominent Spencer Stuart recruiter who was spotted lunching with Zalaznick at Michael's (and thus fed the rumor mill, unintentionally) popped me an email. "Too funny," MORE
Patricia Sellers - Dec 14, 2009 12:23 PM ET
Chester Higgins Jr. - The New York Times/Redux
Rumors are spreading across the Internet that NBC Universal executive Lauren Zalaznick is headed to MTV.
"There is absolutely no truth to these rumors," says Cameron Blanchard, SVP of communications for NBCU's Women & Lifestyle Entertainment Networks--the unit, including the Bravo network, that Zalaznick oversees.
The response from Viacom (VIAB), MTV's owner: "There's no truth to the rumors," Carole Robinson, EVP of communications MORE
Patricia Sellers - Dec 11, 2009 1:57 PM ET
Seventy of New York's top women in media joined 160 aspiring young women for a "Mentors Walk" in Central Park this morning. It was drizzly and great. NBC Universal (GE) and Step Up Women's Network, a non-profit group all about advancing women and girls, hosted. The Mentor Walk's creator, former Oxygen Media CEO Gerry Laybourne, was there along with J. Crew (JCG) President Tracy Gardner, Bank of America (BAC) Merrill MORE
Patricia Sellers - Jun 11, 2009 3:15 PM ET
I'm just back from a funeral in Pennsylvania -- where I traveled late last night after the Time 100 gala at Manhattan's Time Warner Center. Strange to say, but two wonderful celebrations back to back. The funeral was for my closest childhood friend Meg's father, Jack Denuel, who died after a three-decade battle with MS. He was a great man who never whined and never said a bad word about anyone. Never.
As MORE
Patricia Sellers - May 6, 2009 11:53 PM ET
Defining a brand and sticking to it is always difficult. Particularly in a downturn.
Which is why the success of Bravo - the NBC Universal cable network that serves up food, fashion, beauty, design and pop culture to upscale audiences - is all the more impressive.
This morning, I went to Bravo's "upfront" presentation, where NBCU's Lauren Zalaznick, who built the network, and her team pitched their new season and their growth MORE
Patricia Sellers - Apr 14, 2009 1:55 PM ET
Another power shift at NBC: Debi Fine, head of iVillage, is moving to the TV side as president of digital strategy. She'll focus on cable and report to Jeff Gaspin, president and COO of the NBC Universal Television Group.
Good move for Fine, who joined NBC after stints at Avon (AVP) and the Limited. She considered leaving the GE-owned (GE) entertainment unit as iVillage has floundered following its 2006 acquisition by MORE
Jessica Shambora, Writer-Reporter - Aug 21, 2008 4:41 PM ET
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