Context and Aggregation are king
Daniela recently pointed me to this Bear Stearns report via her blog post.
In it they make the same observations that I and others have been talking about for more than a year.
“User-Generated Content (UGC) Is Not a Fad…
Some investors remain skeptical that UGC is more than a passing fad. However, in our recent online video survey, UGC is the No. 1 and No. 2 most popular content category among men aged 18-34 (M18-34) and among all respondents, respectively. Moreover, if we define UGC as page views only from sites such as Myspace.com, Facebook.com, Youtube.com, Wikipedia.org, Blogger.com, and Digg.com (which is quite conservative), we estimate that UGC now accounts for 13% of total U.S. Internet traffic, up from 0%-1% in 2004. Based on these statistics, we submit that UGC is here to stay.”
Although using the term UGC is not great, their conclusion sounds very familiar to anyone reading this blog.
“apparent to us that as supply of video content rises, value will shift from content producers to aggregators and packagers of content that can best aid users in finding content that fits their specific interests”.
Of course, APML as a way of describing user interests, and Particls as a way of filtering and alerting users about new, personally relevant content, are both key technology pieces to this new media 2.0 reality.
Tags: APML, information overload, Media 2.0, participants, particls, personal relevancy, report, user generated content, web 2.0
