I went to the Chinwag Micro Media Maze event last night to talk about micro media and web stuff. The panel was really good and included Umair Haque (Director, Havas Media Lab / Bubblegeneration), Gerd Leonhard (Media Futurist, Author, Entrepreneur), Mitch McAlister (Product Director (Europe), MySpace), Miles Lewis (SVP, European Advertising Sales, Last FM) and Neil McIntosh (Head of Editorial Development, Guardian Unlimited). Steve Bowbrick also did a great job of chairing the thing and keeping it all ticking over nicely.
We didn’t really talk about micro media that much though. Instead with the heavy music bias to the panel, talk was a lot around music and the future of content on the web - which ultimately boils down to the same old argument of ‘consumers want music free and everywhere, the industry wants to be paid and control distribution’. In particular I thought Miles from Last FM (in the true spirit of transparency, openness etc) gave away some great insight into Last FM and the struggle faced by people pushing boundaries with technology. And, Umair too delivered some fairly strong opinions on what we should be doing with the web, advertising in general and as agencies to make the world a better place.
I was going to write up some notes but Ben Matthews has some good stuff up already, so I’ll just add the following little thoughts:
1> 3% of traffic to Last FM comes via the homepage and more than 40% comes from widgets (with 55% predicted by the end of the year). Evidence of brands being distributed around the web. Setting up home in one place and spending all your money on some nice curtains, a swanky drive and a big impressive hallway might not be the best thing to do now. Time to become micro and distributed - part of the flow of data and value around the web.
2> People look at their mobile screens an average of 25 times a day and 95% of the time their mobile device is less than one metre away. Blimey. We all know that the mobile web is going to blow up this year, but in what other ways is this going to impact on our lives?
3> Gerd said that ‘data is the new advertising’. I like this thought a lot. It reminded me of the concept of spimes and got me thinking about providing value to people though data control, manipulation and enhancement.
4> Everyone agreed that we should be doing more stuff that genuinely makes people’s lives better. I thought to myself about what would happen if advertising disappeared overnight. What would happen? What if all that money spend on advertising was re-channelled simply into making products and services better, in order to make people’s lives better?
5> Twitter or micro blogging wasn’t really talked about. Yes it’s a bit yada, yada but I really do think it’s demonstrating the power of thinking small. Neither were new micro advertising formats (like Pistach.io) even though there were blatently some really smart people in the room (including a guy from Double Click I chatted to before kick-off). Or the fact that the whole world is getting smaller while brands seem to still be thinking big all the time.
There’s so much more to come in this space, it’s incredibly exciting. The fact the event was crammed last night was a definite sign of that. Now we just need to start thinking and acting micro. Because as we all know, being small usually means you can move quicker and with the web, speed is everything.
Update - missed Jemima’s post which contains some great quotes and some rather more succinct analysis.
[Picture thanks to Little People]
