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Summary:

Canoe Ventures outlined its strategy today at the NewTeeVee Live conference held today in San Francisco, where David Verklin, the CEO, outlined the cable industry’s answer to the competition from online video. The vision wraps compelling features for consumers around a hidden advertising and data gathering agenda

verklinWithin the year, cable companies are going to invade your privacy Google style. Canoe Ventures outlined its strategy today at the NewTeeVee Live conference in San Francisco, where David Verklin, the CEO, outlined the cable industry’s answer to the competition from online video. The vision wraps compelling features for consumers around a hidden advertising and data gathering agenda. Within 100 days, better targeted advertising will be rolled out in some markets, and within the year consumers will see new features.

Canoe Ventures is a joint venture between the top six cable providers and Verklin took to the stage to tell us cable’s vision of television as a platform. “I came 3,000 miles to deliver one simple message. Don’t count out the television business,” Verklin said.

He pointed out that cable companies are in 70 million of the 101 million video-subscribing households.  Canoe represents about 60 million of those households and is the Internet service provider for 35 percent of the country. Verklin says the cable guys invested in Canoe because the video content creation and consumption business is changing right before the industry’s eyes.

To answer this change, Canoe wants to bring more features to television from your remote control, focused on interactivity and addressablity. Verklin says, this isn’t just about the ads but about the programming. For example, he said, Canoe is going to add voting and polling where consumers can vote on their favorite player during a football game or on American Idol. Cable also wants to add a feature called request for information, that allows you to watch Emeril Live and click a button to get a recipe via email or text or perhaps get a catalogue via mail after seeing it on TV.

The third product is “t-commerce,” where you can buy from the television and be charged on your cable bill  or credit card. It’s easier than phone calls or filling out forms online, according to Verklin. Fourth is telescoping, where you can click through on a movie and and see a whole trailer, or click through on a video game ad and see a demo. The final product is addressibility — ads targeted to you. No more dog food ads if you don’t own a dog. But a question consumers need to ask is, “Do I really want my cable company knowing that much about me?

“Data is the new creative,” Verklin said. He said Canoe thinks the key to that data is the set-top box that’s already hooked up to the televison. That box can tell advertisers exactly how many people are watching an ad. But Verlkin says they’ll keep personally identifiable information anonymous (just like Google.) “We can bring at last one of the interactive applications to 15 to 20 million households by this time next year,” Verklin says. He added that the cable guys are working on limited network addressiblity within the next 100 days. That’s our countdown to privacy loss.

  1. [...] Mininote: David Verklin, CEO, Canoe Ventures Our take: Canoe Ventures Wants Your Data [...]

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  2. Unfortunately there wasn’t any time for questions. Here is one.

    Canoe’s innovation in technology is focussed on driving consumption. Consumption of media, responding to advertising, purchasing of products, buying more, more, more stuff.

    The mortgage crisis clearly shows what can happen when over consumption causes instability.

    Does Canoe see opportunities for their cable technology to enable a significant social or cultural impact, rather than just an economic one?

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  3. [...] today Canoe Ventures admits it  Wants Your Data, according to NewTeeVee. Canoe wants to bring more features to television from your remote control, [...]

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  4. [...] the ISP for 35 percent of the country as well. So, what does Canoe have in mind for its customers? According to GigaOm, not long after (or for some, before) we ring in 2009 will some markets see, “more engaging [...]

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  5. [...] The audience has evolved. Canoe Ventures CEO David Verklin showed up with a punchy call-to-arms, urging us not to count out the cable industry. But cable’s grand plan for our future [...]

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  6. [...] and web-based media. It was a super-deep conference with a lot of big players (Hulu, Netflix, Canoe Ventures, YouTube, [...]

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  7. Saw his performance at NewTeeVee Live, too bad there’s no link on UStream. The guy was JACKED UP on something – maybe just Peets – not the best messenger from the cable world to the NewTeeVee world as rather than instill a sense of progress and possible collaboration it was a firehose of hubris that left me feeling like TV as a ‘platform’ seemed like a good idea in 1997. Now it’s the legacy of a closed system with entrentched gatekeepers. I mean…did you ever try and have a developer meeting with Comcast/Cox/Time Warner where you came away with something that you could actually do in the same calendar year?

    Lastly, if Canoe has the same DNA as @Home…gawd help any non-cable co. investors as they’ll be kicked to the curb if/as soon as the Canoe model proves itself in the marketplace…all the MSO’s will end up with any IP that’s developed and return to normal – competing against each other vs. working together through the Canoe newco.

    TV moving forward will increasingly be found on the IP network, brought to you advertisers or new players that can offer consumers value and a compelling user experience. Witness Jason Kilar and Hulu’s presentation in contrast to Verklin.

    Death to the $100/month cable or satellite bill! Long live Hulu on my 52″ HD display…ads and all…

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  8. [...] the online experience becomes more interactive, the rules around of who’s watching us as we’re watching the web need to be defined. But in addition to worries about corporate spying, legislators and lobbying [...]

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  9. [...] even deeper. In a talk at our NewTeeVee Live event, David Verklin of Canoe Ventures detailed how service providers will use interactive IP communications to make advertising more relevant for consumers, and more lucrative for service providers. With the Motorola frame, a [...]

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  10. [...] and they think the best way to do that is to offer advertisers better information about you and eventually, premium access to you. It’s not just advertising; other entities want to know more, too, and the latest [...]

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