DMEXCO: Twitter Shows That Mobile and Video Go Together
Twitter might be new to video, but it wants advertisers to know that it's all-in. Speaking at last week's DMEXCO marketing conference in Cologne, Germany, Josh McFarland, Twitter's vice president of product, offered a few stats on how people use Twitter video: 93 percent of Twitter videos are watched on a mobile device. In Europe—and most other areas where Twitter is popular—nearly half of people use Twitter while watching TV. Also, tweets with video are much more likely to go viral—they're 6x more likely than tweets with a photo and 3x more likely than tweets with an animated GIF. A biometric study of Twitter use found that viewers were 30 percent more emotionally connected to a show if they tweeted while watching it.
Josh McFarlandRoughly 70 percent of Twitter's views happen outside the United States, McFarland added. Soon, more people will have a mobile device than have reliable access to electricity. Since video has become crucial to Twitter's future, the company knows it needs to make high quality video available to even those on low-quality connections.
In June 2016, Twitter acquired London-based startup Magic Pony for a reported $150 million. While the company has talked about the acquisition in small groups, it's never demoed the service before. McFarland then offered a side-by-side comparison of 30fps videos showing how Magic Pony's machine learning enhances a low-quality video, predicting missing elements within the frame. The effect was striking: Text that was far too blurry to read in the first video was perfectly clear in the Magic Pony enhancement.
"When we talk about democratizing video, we don't mean democratizing it just for people with fast bandwidth," McFarland said.
For those who feel like staying up late (in central European time) McFarland noted that Twitter would live stream its first NFL Thursday night game that night. In a surprise announcement that week, Twitter said it was partnering with Apple TV, Amazon Fire TV, and Xbox One to allow anyone to stream the premium content, even without a pay TV account or a Twitter account.
Viewers with a Twitter account and a mobile device were able to watch the game live alongside a stream of top tweets. They could also use a hashtag to join the conversation. Twitter's move to video started when company CEO Jack Dorsey noted that tweeting along with a TV show often meant losing the best of either medium, McFarland recalled. Twitter developed its live video experience this year during Wimbledon and the presidential conventions. The company has many more partnerships coming up in almost every content vertical, he added.
Troy Dreier's article first appeared on OnlineVideo.net