11 Comments

Summary:

The easy availability of broadband and the sharp increase in the number of high-speed Internet users makes it a perfect time for entrepreneurs to experiment with content in general, and user generated content in particular, despite the lack of what could be sustainable business models. The […]

The easy availability of broadband and the sharp increase in the number of high-speed Internet users makes it a perfect time for entrepreneurs to experiment with content in general, and user generated content in particular, despite the lack of what could be sustainable business models.

The venture investors are happy to back these plays, because many believe that we are seeing a fundamental shift in the media consumption methods. From online video to online curators such as Digg and are all part of this trend. Add Bix, a start-up previously known as 900 Seconds, to this list.

The company was started by Mike Speiser, co-founder of Epinions.com and has raised $6.77 million from Sutter Hill Ventures, Trinity Ventures and a gaggle of individual investors including ex-Yahoo Geoff Ralston.

Bix is a platform for creating contests online much in the mold of American Idol. From singing contests, photo contests to video shootouts, the company will allow end-users to become their own producers and editors. Speiser says the company was inspired by the growing popularity of contents such as American Idol, and Top Model.

Here is how it works – I create a contest inviting participants to submit their photographs of San Francisco. The community can then vote and pick their favorites. The photo submission with most votes bubbles up to the top. You can also have a head-to-head competition between various photos as well. You can do the same for picking say the top videoblogger or what not. Basically Bix is using community to do the editing and selection – off loading all the cost of creating and managing content.

Speiser says the fact nearly 500,000 people camped out to tryout for American Idol, shows that there is a large number of people who are waiting to be discovered. “Internet is perfect for the discovery of the microstars, such as the Chinese BackStreet Boys,” he says. He thinks that there are more such acts waiting to be discovered.

Bix will compete with the likes of kSolo, a company acquired by Fox Interactive Media earlier this year. Like kSolo, it will provide lyrics for online karaoke and has licensed those rights from various music labels. Speiser says they have more features. For instance a Java-based online tool will allow users with video cameras built into their laptops to record video in addition to audio clips. Bix, works with a Mac as well as a PC, which at least gives the company a shot at acquiring customers from the “creator class.”

The company plans to allow end-users to download their own audio clips and use them as ringtones for a small charge. Eventually the same content could be sold to others, and at that point the company is going to split the proceeds with the creators. Of course, like all eyeball-based start-ups, Bix is hoping to cash in on the shift of ad-dollars to the online medium. Speiser says that these contests will be ideal vehicles for brand advertising.

You’re subscribed! If you like, you can update your settings

  1. Aw c’mon, I’ve been hosting bands playing on YouTube for weeks now. This ain’t offering anything new

    Check out the latest from Glasgow finest theatrical rock, Scunner – http://www.youtube.com/watch?v=xZ2ocTnCNxE

  2. dave mcclure Tuesday, July 18, 2006

    the ‘new’ part is the contest framework — anyone can enter, and anyone can run their own contest.

    YouTube has a similar experience, but they haven’t (yet) tweaked the feature set so that people are competing against each other, and ranking content within a bounded environment.

  3. Intersezioni Tuesday, July 18, 2006

    Just a suggestion (sorry for the OT):
    why don’t you provide a printer-friendly version for your articles?

    Om Malik, thanks for your analysis, I often find them great.

    Ciao,
    Intersezioni (happy italian reader of gigaom.com)

  4. Stainless steel kitchen utensil Tuesday, July 18, 2006

    Cool idea! Bring out the webcams. Its gonna catch on like crazy.

    Mandy

  5. Don’t believe the hype Tuesday, July 18, 2006

    Interesting experiment. Did people came out for Idol because they wanted to participate, or was it because they wanted to be on a top rated show?

    The issue I see is that mostly the public would see pretty good performers because they were screened, the only time you saw bad performers is in the beginning, and then pretty much everyone laughs at them. Could an internet vehicle do the same? Would people want to have to sift through many many bad acts? That is funny for only so long.

    Idol is popular because of the people that are always involved in the show, not really the participants. Take away the regular cast, and well, you would just have a copycat show (that probably won’t do all that well) on a different network.

  6. Why didn’t they keep the name 900 Seconds? 15 minutes of fame sounds about right.

  7. Michael Martine Tuesday, July 18, 2006

    I wonder if this isn’t so much because of American Idol as it is because of Google Idol (http://www.googleidol.com/)and other sites like it that have either been repurposing existing content or allowing others to provide links/upload their own original content. Bix is a platform for this, where Google Idol had to do this themselves. Generally, I see this as the right thing at the right time. The market is poised for this.

    By the way, how are we supposed to pronounce it? Is it “Bicks” or “Biz?” :)

  8. Chris Damitio Tuesday, July 18, 2006

    It sounds good to me, I might even blog about it on my website at http://www.fukn.us Incredible Fukn.us

    hard to imagine the death of the record industry though…

  9. ha ha… I got it… 900 seconds = 15 minutes… of fame. I guess the name change helps get ~6 million to do a categorized digg site.

    In digg, users vote on submissions… Bix, users vote within a “competition”.

    It builds upon the assumption that the masses will filter out the good and the bad within a competion (large scale one)…

    I’m yet undecided since a site like LifeHacker relies on a much smaller group of individual filters and works great.

    I can already smell the knockoffs coming and at a much cheaper bill than 6 million.

  10. I think this guy is decent, you should check him out:

    http://www.bix.com/entry/3475

Comments have been disabled for this post