TikTok: The Unexpected Distribution Window for TV Shows and Movies?
This evolution isn’t just a random occurrence; it’s a reflection of changing consumer behaviors and the platform’s vast reach
On the back of yet another price increase from Netflix, I can’t help but think that TikTok is rapidly emerging as a potential powerhouse for TV and movie distribution. And this evolution isn’t just a random occurrence; it’s a reflection of changing consumer behaviors and the platform’s vast reach.
Several factors are driving this shift:
→ Bite-Sized Consumption: The modern viewer, especially Gen Z, is accustomed to consuming content in bite-sized chunks. The short, engaging format of TikTok videos aligns perfectly with this preference, allowing viewers to get a taste of a show or movie without committing hours.
→Discoverability: With its algorithm, TikTok excels at introducing users to new content. Shows and movies that might have been overlooked on traditional platforms can find a new and engaged audience here.
→Strategic Content Releases: Recognizing TikTok’s potential, major players like Paramount and Peacock have started to release content strategically on the platform. By uploading segments of shows or movies, they’re not only driving viewership but also generating buzz and conversation.
→Resurgence of Classics: Just as older TV shows found renewed life on platforms like Netflix, classics are getting a second wind on TikTok. The platform’s diverse user base, spanning multiple generations, ensures that older content can resonate once again.
→Cost-Effective Promotion: For studios and producers, TikTok offers a cost-effective way to promote content. A viral clip or challenge can generate more buzz than traditional (and often more expensive) advertising campaigns.
THE NEW DISTRIBUTION WINDOW:
As streaming platforms proliferate and competition intensifies (and prices rise), TikTok, with its unique format and engaged user base behavior is seemingly presenting a fresh distribution window.
LET’S PONDER THE FUTURE:
- Remember Snap and NBC partnership ? Is this the second coming. How might TikTok’s format influence the way content is produced in the future?
- Will TikTok partner with a major Studio or Media Co for original content co-creation or releases ?
- How will traditional streaming platforms adapt to this shift in content consumption? As churn increases does this make it worse?
- If TikTok becomes a distribution powerhouse, how will this impact licensing agreements and revenue models?