Updated: Akamai Will Announce New P2P Offering On Nov. 6th

After my earlier post this morning asking if Akamai will announce their P2P offering next week, numerous Akamai customers wrote in to say that they have been invited to a special Akamai event on Nov. 6th for the launch of Akamai’s new P2P service offering. Customers who have been briefed on the P2P service already have said it will launch in November and be restricted to HTTP download only to start.

Biggest question I have is what the cost difference will be between Akamai’s traditional CDN service and the new P2P offering? Tomorrow, I am going to post what the current going rate is for P2P delivery.

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Is Akamai Announcing A New P2P Delivery Service Next Week?

That’s the question I keep getting asked by people the past few days. Seems many are speculating that Akamai may announce a new P2P based delivery offering next week to coincide with their financial analyst summit. I don’t know the date Akamai will announce such an offering, but I do expect one to come before the end of the year. Many in the industry are closely watching to see which traditional CDN provider is the first to offer a hybrid service.

VeriSign and CacheLogic both offer hybrid delivery today, but VeriSign bought Kontiki to get their P2P product offering and has been working to build out its traditional CDN service. And CacheLogic was built from P2P technology from the start and like VeriSign, has also been putting their efforts behind adding traditional CDN services. So Akamai would be the first CDN not built from P2P technology to offer the service if they announced it next week.

I also hear that Internap and Level 3 are working on P2P based offerings for video as well, so it seems the race is on amongst the CDNs to see who will offer it first, aside from some of the work the CDNs do already with BitTorrent.

CDN Funding Continues: Panther Express, EdgeCast and CacheLogic Raising Money

Hot on the heels of Move Networks raising $34 million at the beginning of this month, more venture capital money will be flowing to other content delivery networks very shortly. Panther Express, EdgeCast and CacheLogic, amongst others, should all announce some pretty large funding deals in this quarter.

The bar between what CDNs have enough revenue to last 2-3 years is quickly dwindling as many of them are now raising enough capital to keep them in the game for at least the next two years while the market shakes out. Next year, we’re going to have a lot of providers in the market with deep pockets, as is evident by the salaries companies in the CDN space are now paying to attract senior sales people.

Add that to all of the P2P and hybrid solutions in the market, the confusion around what all of these CDNs really support and the speculation on what impact Level 3 may or may not have on the market, and next year is shaping up to be the perfect storm in the content delivery industry.

What do people think about us organizing a one day summit focused only on the CDN market? I am thinking of calling it www.ContentDeliverySummit.com and making it a small focused show and really marketing it to the analyst community. What do you think of the idea?

Many New Online Video Conferences and Events Lacking Focus, Won’t Survive

A few days ago, Robert Scoble posted 40 reasons why he thinks "NewTeeVee’s conference is lacking substance". He lists a lot of speakers he thinks should be at the event and content that he feels should be included. While I agree with a lot of what he suggests in the way of good content, much of which we are doing next month at our Streaming Media West show, I’ll take a different angle to this topic. I think that many of these new conferences don’t have a lot of focus, are not being planned by conference organizers, in some cases are off-shoots of other conferences that have no similar subject matter and don’t have a clear tie in to their core business. I covered some of this in my post back in April entitled "How The Industry’s Online Video Conferences & Exhibitions Can Improve."

Do I always get things right at my shows? No. There is always more I want to do, things I wish I had included and  things that I learn from at each show. The idea is to grow your knowledge on how to put together a good show for the industry and for the attendees. But for most of these new shows, that’s impossible for them to do. For starters, most of them don’t have conference experience and aren’t in the conference business. Operating a blog or a news sites is very different than putting on a show. I’ve learned that the hard way. Next month’s Streaming Media West show will be the 12th show I have done over nearly 5 years, and it took probably 6-8 shows to really get it down to a system, especially since unlike all these other shows who have a big staff, I am the only person who does the programming. When is comes to planning and programming a show, you need more skill sets than just being able to operate a blog.

Being in the conference business is very different than being in the news business or online content business. Trying to replicate the online content, in person at a show, takes time to learn and requires a lot of resources to do it right. Especially if you want to grow the show. I also question what reason many of these companies have for getting into the show business all within the past 12-18 months. Are they just looking to grab some dollars while the market for online video is hot? If so, they should be prepared to fail. Growing and organizing a show is about a long-term commitment to any conference and more importantly, to the industry. Between our 3 shows a year we do over 10,000 combined attendees and it’s taken years to get it to that. Traffic does not come overnight. You have to grow it, a little at a time, and do it organically. If you just want to try and make a land grab for some cash and market share, enjoy it for a short time, it won’t last. That’s not how shows succeed.

To me, NewTeeVee has a shot at having a successful show if they focus it just on content. We need a show in the industry that is solely focused on creating good online video. It’s a topic we cover some of at our shows, but is not something we are trying focus on as the core subject. NewTeeVee is the type of company that could do well putting on a show only on this topic and keep it laser focused and small. But if they try to then talk a lot about technology, webcasting and CDNs and all those other subjects, it won’t do well as that is not their core audience. Readers who are looking for details on how to choose the right webcasting capture card, how to process raw logs and all of that info on the technical side of the business are not going to NewTeeVee.com. I read them to learn about content and if I learn anything about technology on their site, it’s about technology that ties back to content creation or management. I think the focus is good on the site and the show should follow that single-purpose subject.

I’ve seen other shows focus on just one vertical like media and entertainment and then all of a sudden, try to add enterprise content to their show, even though they don’t cover the enterprise market on their blog or news site. Where is the focus? Stick to what you know. Don’t start to cover lots of verticals just to try and reach a wide audience. If anything, cut back on your verticals. We stopped programming radio and government content into our shows 2 years ago as I realized it was not focused enough and there are already plenty of shows focused on just radio and government video.

Another problem that all of these shows have or will be learning about is that it’s not as easy to market the show as they thought. If you have no avenue other than your blog or website to market your show, you are not reaching a wide audience. None of these other online video shows have any print publications on the subject, don’t have research for sale, don’t put on live web events, most don’t have newsletters, don’t have direct mail pieces etc…. which makes reaching a wide audience very hard, even with a marketing budget. Yes, I do feel lucky that I have all these marketing avenues under one company with StreamingMedia.com and I can see first hand how all of them really support the industry’s awareness of the show. It is an advantage we have and it’s something other conference organizers need to look at doing if they really want to increase their reach.

Part of me also thinks that to many of them, this only about money. You can’t have the price of your shows be $1,500 to attend the first year and then $795 the second year. Yes, it’s great the price is cheaper but it questions why you got into this in the first place if it took you putting on a show once to realize you didn’t get enough people and now want to take the approach of charge less and get more attendees. To me it means you have your priorities backwards from day one and don’t realize what it takes to grow attendance to a show and grow revenue at the same time.

One of the biggest problems which I highlighted in my post in April is that too many shows only have vendors speaking. Where are the customers! Attendees don’t want to hear sales pitches and if I look at many of the show websites right now, I see that 75%+ of the speakers are from vendors. That number should be reversed. 75% of your speakers should NOT be vendors. If you don’t grasp this idea, or only want to plan speaking spots based on who pays you, I will guarantee you that your show won’t grow. You HAVE to put the attendee first in terms of your programming, someone Scobble points out in his list which is the most important thing for conference organizers to remember. Yes, some of the vendors may not like you for it, but the smart ones understand the value it provides to them and to the industry in the long run.

Cynthia Brumfield, who I have never met, works on the New Video Summit show and says on her blog that so many of these shows look alike now
and is asking "Does nobody have an original idea?" I agree, but then
when I look at the keynote speaker for her show in the afternoon, it’s
Jeremy from Brightcove. No offense to Jeremy or Brightcove in any way
at all, but I can think of at least half a dozen shows Jeremy has done
a keynote at, including mine, within the past 12-18 months. So to me,
having someone who has already keynoted so many shows all so close
together do another one, is not original. Where are all the new speakers?

And what really irks me big time is that all most of these new conferences see all the others, including the one I programming, as competition. That’s so short sided. All of these conferences are very different and should be working together, not against each other. More successful shows in the industry means that the entire industry grows and all of the shows will benefit. Yet, of all the new online video shows out there, I’ve had to reach out to all of them of asking how I can help. This is not about my ego, but you would think they would inquire about the industry, what I have seen work, not work, what attendees want, how we may be able to work together and how we can all help the industry grow, considering our show has been around for 10 years.

But none of them have done that. I’ve had to reach out to all of them to offer guidance, support and suggestions, many of which could care less. That’s just dumb. That’s like being in the restaurant business and not talking to a restaurant on the same block as you, to compare notes, simply because you are both offering a similar service. And what about sharing contacts? We should all be working together to get good speakers, yet we don’t. Mediapost asked me yesterday for some contacts of good speakers for a show they are doing in LA next month and I was happy to help out and provide contact details. I’ve got a database of 25,000 readers who subscribe to the streaming media magazine, who we know are interested in online video. We’ve got more contacts than any blog does, yet other shows don’t inquire about them and in many cases, don’t even let me come to their show. StreamingMedia.com has a long history of covering many, many industry shows other than ours, yet you lose that media coverage as I can’t attend as you are worried. Worried of what? Come on guys, think about the business here, the industry and what the long term potential is to work together. And if you are proud of your show, then you should not be worried about anyone coming to it and seeing how good a job you do, competition or not. It’s so childish. I’ve even offered many of the new conference organizers putting on
these shows to come to my show and organize a panel of their own so
they can get a feel for how it all works. Talk about embracing the competition. But only Liz at NewTeeVee
took me up on the offer to do this at West.

I think there is too much short sided thinking in the events business, not enough insight into what is going on and too many people who think that running a blog means they can put on a conference. Some of them can, but many of them will not be able to. It’s not about who has a "cool" show, it’s about a show that provides attendees with real-world information that can apply in their business immediately.

Online Video Industry Executives On The Move

A quick round-up of some of the latest hirings in the online video industry:

  • BitTorrent announced this week that Douglas Walker, former CEO of Alias Systems, will now serve as their CEO. Bram Cohen, former CEO of BitTorrent will assume the role of chief scientist. In addition, Eric Klinker, former CTO for Internap, is now the new CTO of BitTorrent.
  • Abacast announced today that Rob Green, former Group Manager of Business Development on the Microsoft Windows Media team, and former SVP of business development and strategy at Nine Systems has joined the company’s board of directors.
  • Limelight Networks announced this week that Roxanne Ivory, the former senior director of consumer marketing for Motorola’s Connected Home business is now the VP of marketing at Limelight.
  • Internap announced this week that Jim Leach, former VP of corporate marketing at SAVVIS is now the VP of sales and marketing operations at Internap.
  • Robert Gribnau, formerly the GM of Content Delivery Services at Internap is now VP of sales for North America and Europe at CDNetworks.
  • Ray Hood has been named the new CEO of Media Publisher. Rod Bacon, the co-founder and former CEO is now the Executive Vice President, service providers.
  • Last month The FeedRoom announced that Mark Portu, a former SVP at Open Text Corporation, is now the CEO. Former CEO Bart Feder has been named as Chairman of the Board of Directors.

If you are looking for a new position, have taken a new job or have a job opening at your company, let me know. In many cases I will highlight it here on the blog – free of charge.

Three Speaking Spots Open For Streaming Media West

We're now at over 100 speakers for the Streaming Media West show next month in San Jose and I have only 3 spots left to fill in the program. I am accepting all inquiries from anyone interested in any of these last 3 spots which will all be selected in the next 24 hours. Please e-mail me if interested.

Tuesday, November 6, 2007
Entertainment Devices: How TiVo, Xbox, and iPod's Are Changing The Content Landscape
Today, with the influx of new entertainment devices, consumers no longer rely on just the PC for their online video consumption. Between iPhones and iPods, their Xboxs and TiVos, consumers now have many ways to get their video fix. So what are the new business models that will be created from these new devices? What current hurdles need to be solved so that content can be monetized for multiple platforms? Explore with this panel the role of current consumer entertainment devices in this new convergent world and how these devices will play together to offer a superior video experience.

Wednesday, November 7, 2007
Using Video to Drive Revenue Growth in the Enterprise
Today, companies' uses of enterprise video deployments are typically justified with the ROI metric of cost savings. While there is no doubt that this is part of the value proposition, some data suggests that revenue generation-rather than cost savings-is the true “killer app” for the enterprise. This panel of corporate users will discuss the implications of using video in the enterprise with an eye towards revenue generation, and they'll explain how streaming video can accelerate a product launch or bring new sales people up to speed, resulting in revenue growth.

Wednesday, November 7, 2007
Evaluating and Choosing The Right Methods Of Video Delivery
With all the various means of distribution and protocols available for video today-CDN, P2P, streaming, progressive download-there is still no single solution that will meet all customers' needs perfectly across all platforms and devices. Learn the various methodologies for content distribution, as well as the pros and cons of each type. Speakers will also discuss which methodologies apply best to which platforms and geographic locations based on type of content, length and format of video, and target audiences. Panelists will also provide you with guidelines and formulas for determining the best single and/or hybrid solution for your online video distribution needs.

Forbes.com: NBC, CBS, ABC and FOX’s Internet TV Strategy

Forbes_home_logo
Forbes.com has a good article from last week about TV on the Internet and what NBC Universal, CBS, ABC and Fox are doing with online video. It contains Q&A interviews with Fox Digital Media President Dan Fawcett, ABC Digital Chief Albert Cheng, CBS Interactive’s Quincy Smith and NBC Chief Digital Officer George Kliavkoff.