1 00:00:00,160 --> 00:00:02,960 Speaker 1: A pitch for a film or TV project is only 2 00:00:03,000 --> 00:00:06,520 Speaker 1: as good as it's pitch deck. Design your next pitch 3 00:00:06,559 --> 00:00:10,880 Speaker 1: deck with Canva. Canva is the online design platform for 4 00:00:11,080 --> 00:00:16,239 Speaker 1: entertainment professionals. With Canva, it's easy to visually express your 5 00:00:16,320 --> 00:00:20,840 Speaker 1: film or TV idea. Just start with a designer made template, 6 00:00:20,960 --> 00:00:26,119 Speaker 1: then add imagery, video, and audio from Canva's massive content library. 7 00:00:26,520 --> 00:00:29,720 Speaker 1: Go from your screen to the big screen. Nail your 8 00:00:29,760 --> 00:00:34,560 Speaker 1: next pitch with Canva at canva dot com Slash Entertainment. 9 00:00:35,720 --> 00:00:39,600 Speaker 2: I love the freedom that we have with this work. 10 00:00:39,720 --> 00:00:42,520 Speaker 2: I love the people that I'm working with. I love 11 00:00:42,600 --> 00:00:45,520 Speaker 2: that is based in the thing that I love most, 12 00:00:45,560 --> 00:00:52,800 Speaker 2: which is creativity. 13 00:00:54,240 --> 00:00:58,960 Speaker 3: Welcome to Strictly Business Varieties weekly podcast featuring conversations with 14 00:00:59,080 --> 00:01:03,000 Speaker 3: industry leaders about the business of media and entertainment. I'm 15 00:01:03,040 --> 00:01:05,360 Speaker 3: Cynthia Lyttleton, co editor. 16 00:01:05,120 --> 00:01:06,160 Speaker 4: In chief of Variety. 17 00:01:06,640 --> 00:01:10,560 Speaker 3: Today's episode features highlights from the video studio the Variety 18 00:01:10,600 --> 00:01:14,160 Speaker 3: hosted in New York this month in conjunction with Advertising Week. 19 00:01:14,680 --> 00:01:17,720 Speaker 3: We spoke to a who's who of cmos and advertising 20 00:01:17,760 --> 00:01:21,200 Speaker 3: mavens from the entertainment industry, as well as blue chip 21 00:01:21,280 --> 00:01:26,200 Speaker 3: brands such as Nvidia, Spotify, Ford, CVS, and T Mobile. 22 00:01:26,600 --> 00:01:29,440 Speaker 3: We also spoke to some on the creative side, including 23 00:01:29,560 --> 00:01:32,480 Speaker 3: musician and activist Common whose voice you heard at the 24 00:01:32,520 --> 00:01:36,720 Speaker 3: start of this episode, Camilla Cabello, and Terry Crews. The 25 00:01:36,800 --> 00:01:40,600 Speaker 3: interviews at the studio presented by Canva were conducted by 26 00:01:40,680 --> 00:01:43,680 Speaker 3: me and Todd Spangler, my variety colleague, who is no 27 00:01:43,760 --> 00:01:47,920 Speaker 3: stranger to strictly business listeners, and Brian Steinberg, our man 28 00:01:48,040 --> 00:01:50,920 Speaker 3: on the mad Men beat, who has forgotten more about 29 00:01:50,920 --> 00:01:54,000 Speaker 3: Madison Avenue than most of us will ever know. Three 30 00:01:54,080 --> 00:01:58,160 Speaker 3: days of speedy chats with highly motivated marketers left us 31 00:01:58,200 --> 00:02:00,560 Speaker 3: with a strong sense of where they are focusing their 32 00:02:00,600 --> 00:02:03,120 Speaker 3: efforts and how they see the next twelve to twenty 33 00:02:03,120 --> 00:02:06,720 Speaker 3: four months playing out. It won't be dull, so don't 34 00:02:06,720 --> 00:02:10,480 Speaker 3: go anywhere. We'll be right back. With insights and observations 35 00:02:10,800 --> 00:02:16,960 Speaker 3: from executives from Disney, Warner Brothers, Discovery, NBC, Universal, Pinterest, two, 36 00:02:16,960 --> 00:02:20,119 Speaker 3: b IBM, and more. 37 00:02:25,000 --> 00:02:27,320 Speaker 1: There are a lot of moving parts to a film 38 00:02:27,400 --> 00:02:30,880 Speaker 1: or TV production. Canva can help everyone get on the 39 00:02:30,919 --> 00:02:35,760 Speaker 1: same page. Canva has templates for storyboards, call sheets, and 40 00:02:35,919 --> 00:02:41,760 Speaker 1: series bibles. Canva whiteboards are fantastic for plot and story brainstorms, 41 00:02:42,160 --> 00:02:46,040 Speaker 1: production timelines, and more. When you're ready to roll, Canva 42 00:02:46,120 --> 00:02:49,200 Speaker 1: makes it easy to work together on your project face 43 00:02:49,240 --> 00:02:52,760 Speaker 1: to face or online in real time. Go from your 44 00:02:52,840 --> 00:02:58,160 Speaker 1: screen to the big screen at canva dot com, Slash Entertainment. 45 00:03:00,680 --> 00:03:03,679 Speaker 3: And we're back with a special episode of Strictly Business 46 00:03:03,680 --> 00:03:08,160 Speaker 3: from our Adweek studio, presented by Canva. There's no shortage 47 00:03:08,160 --> 00:03:11,400 Speaker 3: of turmoil and transition across media and in the wider 48 00:03:11,480 --> 00:03:14,000 Speaker 3: world these days. We thought it would be good to 49 00:03:14,040 --> 00:03:16,720 Speaker 3: start on a positive note by asking people what they 50 00:03:16,800 --> 00:03:19,920 Speaker 3: love about their work. Here are some quick hits from 51 00:03:20,000 --> 00:03:24,919 Speaker 3: Google's Sean Downey, Canva's Jimmy Knowles, Disney's John Campbell, in 52 00:03:25,120 --> 00:03:28,480 Speaker 3: Vidia's Jamie Allen, and Twob's on Jolly's suit. 53 00:03:29,160 --> 00:03:31,840 Speaker 5: Well, the best thing about my work is it's a 54 00:03:31,960 --> 00:03:35,960 Speaker 5: hard job because you're in a time of transformation. The 55 00:03:36,040 --> 00:03:38,600 Speaker 5: industry is changing every day, and I just love to 56 00:03:38,640 --> 00:03:40,080 Speaker 5: solve new problems. 57 00:03:40,560 --> 00:03:43,520 Speaker 6: For me, the most exciting thing is just how playful 58 00:03:43,640 --> 00:03:45,280 Speaker 6: and tactle the brand is. 59 00:03:45,960 --> 00:03:48,000 Speaker 7: You wouldn't think at one hundred year old's company that 60 00:03:48,320 --> 00:03:50,560 Speaker 7: an idea comes out and you can actually put it 61 00:03:50,560 --> 00:03:52,720 Speaker 7: to life. And we're in our fourth cohort now and 62 00:03:52,760 --> 00:03:55,720 Speaker 7: we're helping these small underrepresented businesses go through this white 63 00:03:55,760 --> 00:03:59,160 Speaker 7: glove service at Disney to help them grow their own 64 00:03:59,160 --> 00:04:02,360 Speaker 7: businesses and have all boats rides. So I love the 65 00:04:02,520 --> 00:04:04,960 Speaker 7: entrepreneurialness of the Walt Disney Company. 66 00:04:05,240 --> 00:04:07,840 Speaker 8: Probably my favorite thing about the job is just the 67 00:04:08,240 --> 00:04:12,920 Speaker 8: openness of the organization to knowledge. Should never be a 68 00:04:12,960 --> 00:04:16,760 Speaker 8: barrier or a blocker to go and engage with people. 69 00:04:17,160 --> 00:04:20,000 Speaker 9: So I feel like my job is very literally sitting 70 00:04:20,040 --> 00:04:23,000 Speaker 9: at the intersection of Hollywood and Silicon Valley, and I 71 00:04:23,080 --> 00:04:25,440 Speaker 9: came from more of the tech side, so like, my 72 00:04:25,520 --> 00:04:29,640 Speaker 9: comfort zone is platforms and data and algorithms and scale, 73 00:04:29,960 --> 00:04:31,880 Speaker 9: and now I get to be part of storytelling. 74 00:04:32,400 --> 00:04:35,080 Speaker 3: We'll call this section what do you Need to Do 75 00:04:35,160 --> 00:04:38,520 Speaker 3: to Thrive? We get down into the nitty gritty of 76 00:04:38,560 --> 00:04:40,919 Speaker 3: what it takes to grab people by the eyes and 77 00:04:41,000 --> 00:04:46,000 Speaker 3: ears and stand out in a world awash in marketing messages. First, 78 00:04:46,040 --> 00:04:48,840 Speaker 3: we hear from Terry Crews about why he formed his 79 00:04:48,880 --> 00:04:55,039 Speaker 3: own creative advertising agency Super Serious. Then NBC Universal Sports 80 00:04:55,080 --> 00:04:59,000 Speaker 3: marketing chief Jennifer Storms explains how the Paris Olympics and 81 00:04:59,120 --> 00:05:03,159 Speaker 3: all their glory I really greased the company's Infinity Loop, 82 00:05:03,640 --> 00:05:07,719 Speaker 3: and Warner Brothers Digital marketing chief Cameron Curtis wraps it 83 00:05:07,800 --> 00:05:11,000 Speaker 3: up with thoughts on the metrics that really matter to him. 84 00:05:11,400 --> 00:05:18,000 Speaker 10: What inspired this was the fact that I love entertainment period, okay, 85 00:05:18,520 --> 00:05:22,040 Speaker 10: and I found that we found that people didn't view 86 00:05:22,080 --> 00:05:27,160 Speaker 10: commercials as entertaining, but we do. And my thing is 87 00:05:27,240 --> 00:05:31,200 Speaker 10: everything truly is entertainment. And when I hooked up with 88 00:05:31,360 --> 00:05:35,720 Speaker 10: Matt was years ago on the Old Spice campaign, and 89 00:05:36,279 --> 00:05:39,880 Speaker 10: we realized that it changed the game in so many ways. 90 00:05:39,880 --> 00:05:45,160 Speaker 10: People were watching each commercial in a row on YouTube 91 00:05:45,200 --> 00:05:47,880 Speaker 10: for like a half an hour, and we were like, wow, 92 00:05:48,400 --> 00:05:50,880 Speaker 10: it changed the game in so many ways. We realized 93 00:05:51,279 --> 00:05:54,520 Speaker 10: it is entertainment and no matter whether there's a two 94 00:05:54,560 --> 00:05:58,040 Speaker 10: hour movie, a half hour television show, or a thirty 95 00:05:58,160 --> 00:06:02,839 Speaker 10: second commercial has to be entertaining. I can't tell you 96 00:06:02,920 --> 00:06:07,160 Speaker 10: the number of campaigns up turned down because they didn't 97 00:06:07,200 --> 00:06:10,279 Speaker 10: want me to serve the audience. And I looked at 98 00:06:10,320 --> 00:06:12,640 Speaker 10: the brief and I'm like, man, what are you talking about. 99 00:06:13,120 --> 00:06:16,360 Speaker 10: There's no serving anyone here. It's just sell, sell, sell. 100 00:06:16,600 --> 00:06:19,800 Speaker 11: And the opportunity there is very much around the infinity 101 00:06:19,839 --> 00:06:22,680 Speaker 11: loop that we've created with linear and with streaming. That's 102 00:06:22,720 --> 00:06:25,960 Speaker 11: a superpower internally because we did it for the Olympics. 103 00:06:25,960 --> 00:06:29,120 Speaker 11: We're doing it for Brilliant Minds, where you're leveraging both 104 00:06:29,240 --> 00:06:32,760 Speaker 11: the NBC and then the next Day on Peacock as 105 00:06:32,800 --> 00:06:35,479 Speaker 11: this sort of infinity loop to bring audiences and create 106 00:06:35,520 --> 00:06:38,960 Speaker 11: a larger audience. In totality, we have over nine million 107 00:06:39,040 --> 00:06:42,200 Speaker 11: cross platform on Brilliant Minds just in this short time. 108 00:06:42,320 --> 00:06:44,719 Speaker 11: And when you look at something like Bravo where we 109 00:06:44,760 --> 00:06:47,400 Speaker 11: have Next Day on Peacock as well, over the past year, 110 00:06:47,520 --> 00:06:52,479 Speaker 11: every single Bravo show has had increased audiences and we 111 00:06:52,520 --> 00:06:55,880 Speaker 11: attribute that very much to that infinity loop that we 112 00:06:56,360 --> 00:06:58,039 Speaker 11: sort of create as a company. 113 00:06:58,839 --> 00:07:01,280 Speaker 12: You know, sentiment is key for us, but also volume. 114 00:07:01,960 --> 00:07:04,360 Speaker 12: You know a lot of times I think you'll find 115 00:07:04,400 --> 00:07:07,839 Speaker 12: studios touting views on trailers or views on spots, and really, 116 00:07:08,040 --> 00:07:10,200 Speaker 12: you know, those are you can buy views. What you 117 00:07:10,240 --> 00:07:13,960 Speaker 12: can't buy is conversation. And I think when you're generating conversation, 118 00:07:14,120 --> 00:07:16,240 Speaker 12: you can tell you have true heat. And so a 119 00:07:16,240 --> 00:07:19,560 Speaker 12: lot of times we're analyzing social volume and social sentiment 120 00:07:19,760 --> 00:07:23,040 Speaker 12: ahead of anything else because that really signifies that something 121 00:07:23,080 --> 00:07:25,360 Speaker 12: is breaking through, you know, and I think that's that's 122 00:07:25,400 --> 00:07:26,720 Speaker 12: what our key mission is today. 123 00:07:27,120 --> 00:07:30,360 Speaker 3: Here are more thoughts about where things are headed. CVS's 124 00:07:30,480 --> 00:07:35,080 Speaker 3: Parbender Dariwall, who heads the Retail Giants New Media Exchange 125 00:07:35,120 --> 00:07:39,240 Speaker 3: Advertising Unit, spoke about the rise of retail media networks 126 00:07:39,280 --> 00:07:41,960 Speaker 3: and how they might intersect with TV in the future. 127 00:07:42,520 --> 00:07:45,840 Speaker 3: Ford CMO Kelly Donahue says her big challenge of the 128 00:07:45,880 --> 00:07:49,960 Speaker 3: future will be to sell consumers on self driving cars canvas. 129 00:07:50,000 --> 00:07:54,640 Speaker 3: Jimmy Knowles talks experiential brand building and to be CEO. 130 00:07:54,760 --> 00:07:57,920 Speaker 3: Angeli sud wraps up with thoughts about what it's going 131 00:07:57,960 --> 00:08:00,400 Speaker 3: to take to have to be mean some thing in 132 00:08:00,480 --> 00:08:01,600 Speaker 3: the minds of consumers. 133 00:08:02,160 --> 00:08:06,520 Speaker 13: When you think about commercialization of streaming versus traditional linear TV, 134 00:08:07,880 --> 00:08:11,560 Speaker 13: there is a really big role here that retail media 135 00:08:11,600 --> 00:08:16,720 Speaker 13: can be playing. The connectivity that retail media can bring 136 00:08:16,920 --> 00:08:22,400 Speaker 13: to streaming TV is there's a match made in heaven 137 00:08:22,440 --> 00:08:25,280 Speaker 13: there and the way in which we can work. So, 138 00:08:25,560 --> 00:08:28,720 Speaker 13: how do we layer on data and assets into the 139 00:08:28,760 --> 00:08:34,400 Speaker 13: streaming TV and addressable audiences to really drive more impact 140 00:08:34,520 --> 00:08:37,200 Speaker 13: for advertising that can sit across that channel. And I 141 00:08:37,240 --> 00:08:41,120 Speaker 13: see that continuing to grow and I'm sure we will 142 00:08:41,240 --> 00:08:44,120 Speaker 13: announce some partnerships on that during over the course of 143 00:08:44,120 --> 00:08:45,320 Speaker 13: the next twelve months. 144 00:08:45,679 --> 00:08:48,160 Speaker 14: Another thing we're looking at is you know, really building 145 00:08:48,160 --> 00:08:51,120 Speaker 14: out our entertainment offerings in the center screen of the car. 146 00:08:51,320 --> 00:08:54,760 Speaker 14: So we just launched our new Ford Digital Experience software 147 00:08:54,800 --> 00:08:57,760 Speaker 14: and now you can download apps and watch you know, 148 00:08:57,840 --> 00:09:01,079 Speaker 14: Prime video or to be who I just earlier, or 149 00:09:01,679 --> 00:09:04,840 Speaker 14: Peacock or Max right on the center screen while parked, 150 00:09:06,400 --> 00:09:09,319 Speaker 14: not while driving, not while driving, only well parked. 151 00:09:09,600 --> 00:09:12,319 Speaker 6: One of the important things for us as an experiential 152 00:09:12,360 --> 00:09:15,160 Speaker 6: team is to make sure that as we as we 153 00:09:15,240 --> 00:09:19,320 Speaker 6: have that act of perception shifting, or as we're encouraging 154 00:09:19,360 --> 00:09:22,600 Speaker 6: people to remember Canvas the brand that you use to 155 00:09:22,600 --> 00:09:24,959 Speaker 6: make your wedding, save the dates, save the dates, and 156 00:09:25,000 --> 00:09:28,160 Speaker 6: your birthday party invitations, but also think about Canvas this 157 00:09:28,240 --> 00:09:31,120 Speaker 6: tool that's empowering your workplace to collaborate, that's helping you 158 00:09:31,200 --> 00:09:32,720 Speaker 6: to create content at scale. 159 00:09:33,040 --> 00:09:35,559 Speaker 9: What we're finding is we need to build the two 160 00:09:35,600 --> 00:09:38,199 Speaker 9: B brand versus just market a title or one thing 161 00:09:38,240 --> 00:09:40,400 Speaker 9: you can find on the service, and we need to 162 00:09:40,440 --> 00:09:43,400 Speaker 9: have that show up as something different. We need to 163 00:09:43,480 --> 00:09:45,920 Speaker 9: break through. Right You're in a kind of a sea 164 00:09:45,960 --> 00:09:48,679 Speaker 9: of sameness and screaming right now, and that means you 165 00:09:48,720 --> 00:09:50,839 Speaker 9: got to take creative risks and you have to the 166 00:09:50,880 --> 00:09:52,520 Speaker 9: way we think about it is like we want to 167 00:09:53,240 --> 00:09:56,400 Speaker 9: we want to embody the passion and ethos of our fans. 168 00:09:56,760 --> 00:09:58,280 Speaker 9: We want to find a way for that to show 169 00:09:58,360 --> 00:10:00,240 Speaker 9: up in our brand, and we want to is our 170 00:10:00,240 --> 00:10:03,520 Speaker 9: brand to reinforce a value proposition, which is free, frictionless entertainment. 171 00:10:04,520 --> 00:10:07,840 Speaker 3: It's an age old question and the answer changes every day. 172 00:10:08,240 --> 00:10:11,920 Speaker 3: What do consumers really want? Here are some thoughts, starting 173 00:10:11,960 --> 00:10:15,480 Speaker 3: with Google Sean Downey, who talks about the YouTube shorts program, 174 00:10:15,960 --> 00:10:20,680 Speaker 3: Camilla Cabello on the community of music lovers, Spotify's Jess 175 00:10:20,760 --> 00:10:24,120 Speaker 3: Levinson on serving gen Z by staying out of their way, 176 00:10:24,640 --> 00:10:27,440 Speaker 3: and Warner Brothers Cameron Curtis gives us an inside look 177 00:10:27,440 --> 00:10:30,720 Speaker 3: at how the studio scored with a done to promotion 178 00:10:31,000 --> 00:10:35,000 Speaker 3: on TikTok by offering a smorgasboard of key art and 179 00:10:35,080 --> 00:10:39,199 Speaker 3: clips and encouraging fans to do their best. Curtis puts 180 00:10:39,200 --> 00:10:42,360 Speaker 3: it well when he says, delivering ready made clip art 181 00:10:42,440 --> 00:10:45,760 Speaker 3: and such to the vast expanse of TikTok users is 182 00:10:45,800 --> 00:10:49,839 Speaker 3: a sea change in mindset. Instead of zealously guarding every 183 00:10:49,880 --> 00:10:52,920 Speaker 3: stitch of material that gets out, efforts like the done 184 00:10:52,920 --> 00:10:58,640 Speaker 3: to promotion make fans the quote copilots of studio promotional campaigns. 185 00:10:58,840 --> 00:11:03,720 Speaker 5: Curtis explains, if you look at consumer behavior, consumers are 186 00:11:03,520 --> 00:11:05,960 Speaker 5: more often than not doing a couple of things. They're 187 00:11:05,960 --> 00:11:09,800 Speaker 5: streaming and they're scrolling, and I think brands know that. 188 00:11:10,920 --> 00:11:13,079 Speaker 5: So we do a couple of things with brands. One 189 00:11:13,640 --> 00:11:16,040 Speaker 5: we like to put them in a multi format approach 190 00:11:16,160 --> 00:11:19,400 Speaker 5: because for them, audiences matter most, and they're finding that 191 00:11:19,440 --> 00:11:22,280 Speaker 5: they're getting more shorts in that multi format mix because 192 00:11:22,320 --> 00:11:24,800 Speaker 5: it's what the creators are building and it's what the 193 00:11:25,679 --> 00:11:29,080 Speaker 5: consumers are watching, and as long as that fits into 194 00:11:29,120 --> 00:11:32,079 Speaker 5: their business strategy, you're going to see them invests more 195 00:11:32,120 --> 00:11:34,000 Speaker 5: in those things because it drives the right outcomes when 196 00:11:34,040 --> 00:11:36,680 Speaker 5: mixed with everything else. And we have brands that love 197 00:11:36,800 --> 00:11:39,920 Speaker 5: thinking about doing shorts only because they're trying to drive 198 00:11:39,960 --> 00:11:43,480 Speaker 5: awareness and engagement and they're learning that the more quick 199 00:11:43,520 --> 00:11:45,880 Speaker 5: burst of awareness they can create, they can drive a 200 00:11:45,880 --> 00:11:49,079 Speaker 5: lot of engagement to their own sites to give them 201 00:11:49,120 --> 00:11:51,960 Speaker 5: better content and better fill and that's something that the 202 00:11:52,000 --> 00:11:54,760 Speaker 5: creators have learned themselves. If you actually look at how 203 00:11:54,800 --> 00:11:58,320 Speaker 5: creators use shorts, they're using it to drive interest to 204 00:11:58,360 --> 00:12:01,600 Speaker 5: their long form because they're trying to get engagement and 205 00:12:01,679 --> 00:12:05,480 Speaker 5: interest and then build that community somewhere else, as opposed 206 00:12:05,480 --> 00:12:07,600 Speaker 5: to maybe just looking for something that's trending. 207 00:12:08,720 --> 00:12:13,360 Speaker 15: Music lovers are such a passionate community, and when people 208 00:12:13,400 --> 00:12:15,720 Speaker 15: get to just like gather in person, and now there's 209 00:12:15,720 --> 00:12:17,520 Speaker 15: so many new ways to do it. To do that, 210 00:12:17,559 --> 00:12:20,160 Speaker 15: it doesn't have to be like a standard concert. It 211 00:12:20,160 --> 00:12:24,000 Speaker 15: could be I don't know, like a small like acoustic set, 212 00:12:24,120 --> 00:12:26,320 Speaker 15: or it could be like I remember, I think you 213 00:12:26,360 --> 00:12:29,400 Speaker 15: guys did this with Doja Ket when she did like 214 00:12:29,960 --> 00:12:32,880 Speaker 15: the Spotify in person for I think it was I 215 00:12:33,200 --> 00:12:35,120 Speaker 15: don't remember, but I think you guys did like a 216 00:12:35,160 --> 00:12:38,240 Speaker 15: live album installation and I was like, WHOA, that's so sick. 217 00:12:38,320 --> 00:12:41,400 Speaker 15: So I think, yeah, creative ways for people to partner 218 00:12:41,440 --> 00:12:44,520 Speaker 15: to bring like a unique experience like a twenty twenty 219 00:12:44,520 --> 00:12:47,720 Speaker 15: four experience to fans is like so exciting and fun. 220 00:12:48,600 --> 00:12:51,520 Speaker 16: We want fans to be able to access the content, 221 00:12:51,600 --> 00:12:55,520 Speaker 16: the playlists and the creators that they want without getting 222 00:12:55,559 --> 00:12:58,080 Speaker 16: in their way. So first and foremost, like the ad 223 00:12:58,080 --> 00:13:02,439 Speaker 16: experience is super non interruptive on Spotify. But then again, 224 00:13:02,520 --> 00:13:05,160 Speaker 16: like seventy one percent of gen z are telling us 225 00:13:05,200 --> 00:13:09,719 Speaker 16: that they viewed Spotify as the antidote to Doom scrolling. 226 00:13:10,559 --> 00:13:12,920 Speaker 12: On TikTok, we worked with a new feature called their 227 00:13:12,920 --> 00:13:15,800 Speaker 12: Spotlight Unit, and essentially what that did was it took 228 00:13:16,000 --> 00:13:18,120 Speaker 12: all of these assets that we were creating and put 229 00:13:18,160 --> 00:13:21,079 Speaker 12: it into one location so that when fans searched or 230 00:13:21,120 --> 00:13:23,640 Speaker 12: wanted to learn more about Doom, they found all of 231 00:13:23,679 --> 00:13:27,679 Speaker 12: this incredible content. It also added attributes to all the 232 00:13:27,880 --> 00:13:30,480 Speaker 12: user generated content that was coming from the work we 233 00:13:30,480 --> 00:13:33,440 Speaker 12: were doing. And what that did was as you were searching, 234 00:13:33,480 --> 00:13:36,679 Speaker 12: you were encountering people that were, you know, doing cosplayers 235 00:13:36,800 --> 00:13:40,040 Speaker 12: or reacting to trailers or celebrating the movie. And so 236 00:13:40,120 --> 00:13:43,040 Speaker 12: when you think about when you think about money can't 237 00:13:43,080 --> 00:13:46,559 Speaker 12: buy opportunities, when you think about real heat, you know 238 00:13:46,600 --> 00:13:50,040 Speaker 12: a lot of times that shows up with user generated content. 239 00:13:50,800 --> 00:13:53,280 Speaker 12: And if you're an audience member wondering about a movie, 240 00:13:53,520 --> 00:13:55,440 Speaker 12: what better way than to find out more about it 241 00:13:55,480 --> 00:13:59,160 Speaker 12: than to see creators and influencers and cast talking about 242 00:13:59,200 --> 00:14:02,400 Speaker 12: it directly to you. I was really excited that we 243 00:14:02,440 --> 00:14:06,040 Speaker 12: had cast responding to user comments on TikTok. So we 244 00:14:06,120 --> 00:14:09,640 Speaker 12: had one example where Austin Butler had commented back to 245 00:14:09,679 --> 00:14:13,240 Speaker 12: a fan and later encountered that fan in real life 246 00:14:13,280 --> 00:14:16,520 Speaker 12: and so what we had was a major star of 247 00:14:16,559 --> 00:14:20,160 Speaker 12: a movie seeing a fan and recognizing the fan before 248 00:14:20,200 --> 00:14:22,240 Speaker 12: the fan had a chance to recognize the star. And 249 00:14:22,280 --> 00:14:25,160 Speaker 12: I think about the way TikTok forms connections in that 250 00:14:25,200 --> 00:14:27,520 Speaker 12: way and how powerful that is, And to me, that's 251 00:14:27,520 --> 00:14:29,960 Speaker 12: a lot about the future of what we're doing, is 252 00:14:30,600 --> 00:14:34,960 Speaker 12: making audiences the co pilots of our campaigns and not 253 00:14:35,040 --> 00:14:35,760 Speaker 12: the passengers. 254 00:14:36,040 --> 00:14:38,320 Speaker 3: That's a really great way to say it. We couldn't 255 00:14:38,360 --> 00:14:41,000 Speaker 3: talk to people about the future of their business without 256 00:14:41,040 --> 00:14:45,760 Speaker 3: those two little letters cropping up AI here with thoughts 257 00:14:45,760 --> 00:14:50,120 Speaker 3: about how to manage the introduction of this life changing technology. 258 00:14:50,680 --> 00:14:56,080 Speaker 3: Is IBM's Jonathan Adishek, Google's Sean Downey, Warner Brothers Discoveries, 259 00:14:56,160 --> 00:14:58,920 Speaker 3: Bruce Campbell, and Ford's Kelly Edwards. 260 00:14:59,160 --> 00:15:01,480 Speaker 17: The way I look at A and we look at 261 00:15:01,480 --> 00:15:04,200 Speaker 17: it in many ways and inside of IBM is there's 262 00:15:04,840 --> 00:15:08,480 Speaker 17: a big iceberg. The top twenty percent of that iceberg, 263 00:15:09,200 --> 00:15:13,440 Speaker 17: that's the consumer facing applications of AI. We're really focused 264 00:15:13,440 --> 00:15:16,080 Speaker 17: on the eighty percent of the iceberg down below, where 265 00:15:16,120 --> 00:15:18,520 Speaker 17: the enterprise changes are going to happen and where the 266 00:15:18,600 --> 00:15:20,200 Speaker 17: changes to the business are going to happen. 267 00:15:20,760 --> 00:15:23,400 Speaker 5: Well, the biggest myth is that AI is going to 268 00:15:23,560 --> 00:15:27,160 Speaker 5: remove their job or it's going to do the job 269 00:15:27,240 --> 00:15:30,080 Speaker 5: for you. In reality, AI is going to be next 270 00:15:30,080 --> 00:15:32,800 Speaker 5: to everyone to help them do their job better. And 271 00:15:32,880 --> 00:15:36,640 Speaker 5: if you start thinking about transformation of skills in workforce, 272 00:15:37,200 --> 00:15:40,440 Speaker 5: it's using AI to power insights, or power media buying 273 00:15:40,480 --> 00:15:44,000 Speaker 5: at scale, or power creativity in production. And then you 274 00:15:44,080 --> 00:15:46,640 Speaker 5: let the humans next to it do the hard strategic work, 275 00:15:47,120 --> 00:15:51,400 Speaker 5: interpret data, build better creative ideas, use those insights to 276 00:15:51,440 --> 00:15:54,360 Speaker 5: build better planning tools, and really learning how to sit 277 00:15:54,440 --> 00:15:56,480 Speaker 5: next to AI and have it do the work that 278 00:15:56,520 --> 00:15:58,840 Speaker 5: produces growth while you do the work that has the 279 00:15:58,920 --> 00:16:01,720 Speaker 5: strategy that tells them how to grow. And getting people 280 00:16:01,760 --> 00:16:04,760 Speaker 5: to see that and build their functions and their businesses 281 00:16:04,800 --> 00:16:06,840 Speaker 5: to take advantage of that is the big work. 282 00:16:06,720 --> 00:16:09,960 Speaker 18: Right now, even beyond the sort of legal issues. Look, 283 00:16:10,080 --> 00:16:13,160 Speaker 18: we particularly those of us like myself who don't come 284 00:16:13,200 --> 00:16:16,560 Speaker 18: from the creative side, we recognize and appreciate our single 285 00:16:16,600 --> 00:16:21,160 Speaker 18: most important asset as a company is our content engine 286 00:16:21,280 --> 00:16:25,000 Speaker 18: and our relationships with great creators, the creative geniuses who 287 00:16:25,040 --> 00:16:28,640 Speaker 18: produce things like the Last of Us and Game of Thrones. 288 00:16:29,120 --> 00:16:32,400 Speaker 19: And we won't do anything to alienate that community when 289 00:16:32,400 --> 00:16:35,600 Speaker 19: it comes to AI. On the other hand, when you 290 00:16:35,680 --> 00:16:40,200 Speaker 19: look at areas like you know, visual effects again, languaging 291 00:16:40,920 --> 00:16:42,400 Speaker 19: things that might be able to be done with our 292 00:16:42,440 --> 00:16:45,880 Speaker 19: video games business and our animation business. At the very least, 293 00:16:45,920 --> 00:16:47,840 Speaker 19: we have to be aware of everything that's out there, 294 00:16:47,840 --> 00:16:50,480 Speaker 19: and that I would say that's kind of the stage 295 00:16:50,480 --> 00:16:54,440 Speaker 19: we're in right now, careful experimentation implementation, where we all 296 00:16:54,440 --> 00:16:56,600 Speaker 19: feel very comfortable with what we're doing. 297 00:16:57,080 --> 00:16:59,960 Speaker 14: For me, thinking about AI, it's a ton of striving 298 00:17:00,080 --> 00:17:02,200 Speaker 14: and what that future could be and how you really 299 00:17:02,280 --> 00:17:04,840 Speaker 14: usher people into that because that is a very different 300 00:17:04,880 --> 00:17:06,040 Speaker 14: leap from chat. 301 00:17:05,880 --> 00:17:10,600 Speaker 3: GPT wow. AI is already a game changer for companies 302 00:17:10,640 --> 00:17:14,119 Speaker 3: that know how to harness the tools. Here's Canva's Frank 303 00:17:14,160 --> 00:17:19,120 Speaker 3: Cortesi and IBM's Jonathan Adischek with real world results. 304 00:17:19,480 --> 00:17:21,440 Speaker 20: At Canva, we kind of really employed this attitude of 305 00:17:21,480 --> 00:17:24,280 Speaker 20: AI everywhere, so we're always constantly looking to see what 306 00:17:24,359 --> 00:17:26,760 Speaker 20: areas of the business we can kind of help supercharge 307 00:17:26,800 --> 00:17:28,919 Speaker 20: with AI or make things go faster and more efficient, 308 00:17:28,960 --> 00:17:32,760 Speaker 20: more effective. So that comes from everything from thinking about 309 00:17:32,800 --> 00:17:35,440 Speaker 20: first draft ideas that are going to be leveraged against 310 00:17:35,600 --> 00:17:39,000 Speaker 20: campaigns or certain times of the year thinking about how 311 00:17:39,040 --> 00:17:41,919 Speaker 20: we use AI for media targeting, measurement and things like 312 00:17:41,920 --> 00:17:44,520 Speaker 20: that with our media agencies and our partners, and I 313 00:17:44,560 --> 00:17:47,760 Speaker 20: think you know, when it comes to using AI, you 314 00:17:47,800 --> 00:17:50,080 Speaker 20: can really help do a lot of them mundane things 315 00:17:50,119 --> 00:17:50,720 Speaker 20: a lot quicker. 316 00:17:50,800 --> 00:17:51,000 Speaker 11: Right. 317 00:17:51,040 --> 00:17:53,639 Speaker 20: You can create an ad once in Canva and then 318 00:17:53,680 --> 00:17:55,320 Speaker 20: you can kind of tell a exactly how you want 319 00:17:55,320 --> 00:17:58,679 Speaker 20: it to be changed for various different places, for localization, 320 00:17:58,800 --> 00:17:59,760 Speaker 20: different times of the year. 321 00:18:00,320 --> 00:18:03,600 Speaker 17: For us, we're using AI to get so much more 322 00:18:04,880 --> 00:18:09,879 Speaker 17: relevant and personalized journeys for our clients. We're using it 323 00:18:09,920 --> 00:18:13,480 Speaker 17: to understand where we should show up. Today, we do 324 00:18:13,960 --> 00:18:16,440 Speaker 17: half the number of events that we did two years ago. 325 00:18:17,119 --> 00:18:20,439 Speaker 17: We're getting five percent more client interests because we're so 326 00:18:20,560 --> 00:18:24,160 Speaker 17: much more focused in where we're showing up, and we're 327 00:18:24,160 --> 00:18:26,920 Speaker 17: getting those client interests at thirty to forty percent less 328 00:18:26,960 --> 00:18:29,879 Speaker 17: per client interest than we did in the past. AI 329 00:18:30,080 --> 00:18:33,360 Speaker 17: is helping us get much more targeted. You mean the cost, 330 00:18:33,920 --> 00:18:35,360 Speaker 17: the cost is coming down. 331 00:18:35,480 --> 00:18:38,120 Speaker 3: When the subject is AI and what it can do 332 00:18:38,320 --> 00:18:41,400 Speaker 3: and should do in the future. Nobody has more knowledge 333 00:18:41,400 --> 00:18:43,720 Speaker 3: than the folks at Nvidia who have been doing it 334 00:18:43,760 --> 00:18:46,920 Speaker 3: for more than thirty years. In Nvidia makes the cutting 335 00:18:47,000 --> 00:18:51,280 Speaker 3: edge microchips that deliver the enormous computing power required by 336 00:18:51,320 --> 00:18:56,000 Speaker 3: AI programs. Jamie Allen, director of AD Tech and Digital 337 00:18:56,040 --> 00:19:00,439 Speaker 3: Marketing Industries for Nvidia, spoke about where he sees AI 338 00:19:00,680 --> 00:19:05,360 Speaker 3: making a big difference in media and how what's. 339 00:19:05,119 --> 00:19:07,879 Speaker 8: Really exciting in the space at the moment. Broadly in 340 00:19:07,960 --> 00:19:11,760 Speaker 8: media entertainment, the evolution of what we can do with 341 00:19:11,800 --> 00:19:17,960 Speaker 8: three D in video with the intersection of artificial intelligence, graphics, 342 00:19:18,359 --> 00:19:22,840 Speaker 8: video three D processing is going to really evolve how 343 00:19:22,880 --> 00:19:25,960 Speaker 8: we can create content, interact with content from a consumer 344 00:19:26,000 --> 00:19:28,280 Speaker 8: point of view as well as a creative point of view. 345 00:19:29,680 --> 00:19:33,560 Speaker 8: I think that the analytics space across all media industries 346 00:19:33,760 --> 00:19:36,760 Speaker 8: is going to be really supercharged with the new types 347 00:19:36,800 --> 00:19:40,360 Speaker 8: of computing and generative AI that's coming. There's some amazing 348 00:19:40,400 --> 00:19:42,479 Speaker 8: companies that we're working with at the moment who are 349 00:19:42,480 --> 00:19:49,960 Speaker 8: doing really groundbreaking like mathematics, like physics based maths to 350 00:19:50,000 --> 00:19:54,440 Speaker 8: solve problems, especially in advertising and areas like causality to 351 00:19:55,000 --> 00:19:58,880 Speaker 8: link work and creative to actual sales, which is really 352 00:19:58,920 --> 00:20:02,280 Speaker 8: really exciting. The advertising industry is one of the biggest 353 00:20:02,760 --> 00:20:05,840 Speaker 8: data flywheels of any sector. Really. You can also look 354 00:20:05,840 --> 00:20:10,119 Speaker 8: at financial services and healthcare as similar volumes of cyclical 355 00:20:10,200 --> 00:20:14,399 Speaker 8: data information. As we increase the efficiency in the speed 356 00:20:14,480 --> 00:20:18,560 Speaker 8: of processing data, you can create more intelligence from that 357 00:20:18,680 --> 00:20:21,040 Speaker 8: data faster, and this is where we come into the 358 00:20:21,080 --> 00:20:23,920 Speaker 8: world of generative AI and the tools that we're building 359 00:20:24,960 --> 00:20:29,760 Speaker 8: to enable enterprises both the end users of advertising, so 360 00:20:29,840 --> 00:20:33,200 Speaker 8: the CMO groups in the industry as well as the 361 00:20:33,560 --> 00:20:36,639 Speaker 8: agencies and the ad tech companies, to be able to 362 00:20:36,720 --> 00:20:41,760 Speaker 8: derive huge amounts of value from that data faster. That 363 00:20:41,840 --> 00:20:44,600 Speaker 8: will then enable the ability to create things like fine 364 00:20:44,640 --> 00:20:47,879 Speaker 8: tuned language models much much quicker with high levels of 365 00:20:47,880 --> 00:20:52,840 Speaker 8: accuracy that can then drive faster recommendation, really good consumer interaction. 366 00:20:53,560 --> 00:20:56,800 Speaker 8: We took in Video's long history of making things very 367 00:20:56,840 --> 00:21:01,840 Speaker 8: efficient and bundled it up essentially into container service, so 368 00:21:01,880 --> 00:21:05,399 Speaker 8: you can go and take a model from whether it's 369 00:21:05,480 --> 00:21:08,439 Speaker 8: Lama or whether it's a Mistral model, or any of 370 00:21:08,440 --> 00:21:11,280 Speaker 8: the models the partners that we have and run them 371 00:21:11,280 --> 00:21:15,480 Speaker 8: as efficiently and fastly as possible with the support from Nvidia. 372 00:21:15,800 --> 00:21:18,640 Speaker 8: So while we don't need to go and make proprietary 373 00:21:18,680 --> 00:21:22,080 Speaker 8: tools for everyone, they can take those off the shelf 374 00:21:22,119 --> 00:21:25,560 Speaker 8: models and work with our toolkits to make them specific 375 00:21:25,600 --> 00:21:28,800 Speaker 8: to them through fine tuning and rag and augmentation models. 376 00:21:29,040 --> 00:21:32,080 Speaker 3: We started off each interview with a lightning round of 377 00:21:32,200 --> 00:21:34,639 Speaker 3: questions to warm up our guests and bring out a 378 00:21:34,640 --> 00:21:40,040 Speaker 3: bit of personality. Here you'll hear from CBS's Parbender, Dariwall, 379 00:21:40,720 --> 00:21:46,480 Speaker 3: Google's Sean Downey, t Mobile Cmo, Viana Hegd, NBC Universals 380 00:21:46,560 --> 00:21:52,520 Speaker 3: Jennifer Storms, Disney's Danielle Brown, Warner Brothers Cameron Curtis, NBC 381 00:21:52,760 --> 00:21:59,040 Speaker 3: Universal's Jamie Cuthbert, Canvas Frank Cortesi, and IBM's Jonathan Adischek 382 00:21:59,680 --> 00:22:01,760 Speaker 3: on Wisconsin white. 383 00:22:01,480 --> 00:22:02,480 Speaker 17: Border, mood board. 384 00:22:04,080 --> 00:22:07,960 Speaker 13: Definitely the white board, whiteboard or mood board. 385 00:22:08,560 --> 00:22:10,199 Speaker 5: I'm definitely a mood board person. 386 00:22:10,400 --> 00:22:11,280 Speaker 10: Ah cool. 387 00:22:11,720 --> 00:22:13,119 Speaker 3: So I kind of do this exercise. 388 00:22:13,119 --> 00:22:15,399 Speaker 10: It kind of count how many negative energy meetings I 389 00:22:15,440 --> 00:22:19,199 Speaker 10: have and how many positive energy meetings I have. So 390 00:22:19,480 --> 00:22:21,760 Speaker 10: I'm always trying to offload what I call the negative 391 00:22:21,880 --> 00:22:22,640 Speaker 10: energy meetings. 392 00:22:23,040 --> 00:22:25,600 Speaker 3: Opening ceremonies or closing ceremonies. 393 00:22:25,720 --> 00:22:29,320 Speaker 11: Oh, that's like choosing a favorite child. That's not fair. 394 00:22:30,560 --> 00:22:32,359 Speaker 11: It's it's going to be opening ceremonies. 395 00:22:32,960 --> 00:22:34,960 Speaker 2: Danielle Team Picnic, team. 396 00:22:34,760 --> 00:22:41,000 Speaker 3: Bowling, Bowling. I'm competitive bowling. Favorite Warner brother Jack, Harry 397 00:22:41,359 --> 00:22:42,880 Speaker 3: sam or Abe. 398 00:22:42,920 --> 00:22:48,200 Speaker 20: Jack favorite font Hewlettica's pretty clear times. 399 00:22:47,960 --> 00:22:52,119 Speaker 3: Are really I'm an aerial girl. Myself team picnic or 400 00:22:52,119 --> 00:22:53,320 Speaker 3: team bowling, Bowling. 401 00:22:53,400 --> 00:22:54,800 Speaker 17: I'm from Wisconsin. We love boling. 402 00:22:54,880 --> 00:22:55,240 Speaker 3: Okay. 403 00:22:55,800 --> 00:23:00,640 Speaker 4: We close with the dose of gratitude. Terry Crews made 404 00:23:00,680 --> 00:23:05,000 Speaker 4: us all misty with his heartfelt observation about how he 405 00:23:05,080 --> 00:23:08,800 Speaker 4: hopes his life story can prove to others that with 406 00:23:08,920 --> 00:23:14,840 Speaker 4: hard work, just about anything is possible. And finally, Canvas 407 00:23:15,119 --> 00:23:20,439 Speaker 4: Jimmy Knowles and Pinterests Judy Lee shared their enthusiasm for 408 00:23:20,560 --> 00:23:23,760 Speaker 4: their like minded brands. It's infectious. 409 00:23:24,240 --> 00:23:27,359 Speaker 10: When I was a kid in Flint, Michigan, working in 410 00:23:27,359 --> 00:23:31,440 Speaker 10: Hollywood was a kin to flying to Mars, and they 411 00:23:31,440 --> 00:23:33,840 Speaker 10: were like, dude, you can't go to Mars. You die 412 00:23:33,880 --> 00:23:37,880 Speaker 10: in Mars, you know. But I'm on Mars. I did 413 00:23:37,920 --> 00:23:41,119 Speaker 10: it and people were like this, dude made it to Mars, 414 00:23:41,720 --> 00:23:43,640 Speaker 10: you know what I mean? Like, everyone was like I could. 415 00:23:44,040 --> 00:23:45,640 Speaker 10: He said it, and there were a lot of things 416 00:23:45,680 --> 00:23:49,119 Speaker 10: I said and people remember. And I think that is 417 00:23:49,160 --> 00:23:52,000 Speaker 10: the best part, because the best part of being me 418 00:23:52,880 --> 00:23:55,280 Speaker 10: is showing that everyone else can do it too. 419 00:23:56,400 --> 00:23:58,200 Speaker 3: It's amazing, so well said. 420 00:23:58,480 --> 00:24:01,560 Speaker 6: I feel very lucky to work at a company with 421 00:24:01,760 --> 00:24:04,719 Speaker 6: leadership that is so supportive of taking those big swings. 422 00:24:04,760 --> 00:24:07,560 Speaker 6: It's not afraid to fail, it's not afraid to make mistakes. 423 00:24:07,640 --> 00:24:10,440 Speaker 6: And it's been an incredible learning process getting to build 424 00:24:10,480 --> 00:24:12,120 Speaker 6: and work with the amazing team that I do over 425 00:24:12,160 --> 00:24:12,840 Speaker 6: the past few years. 426 00:24:12,880 --> 00:24:14,240 Speaker 3: And it just sounds like so much fun. 427 00:24:14,320 --> 00:24:15,120 Speaker 2: So it is. 428 00:24:15,400 --> 00:24:15,719 Speaker 3: It is. 429 00:24:15,800 --> 00:24:16,520 Speaker 17: That's why we do it. 430 00:24:16,600 --> 00:24:18,439 Speaker 4: Yep, and I feel like we should do something together. 431 00:24:18,680 --> 00:24:19,720 Speaker 10: I don't know the vibes. 432 00:24:20,160 --> 00:24:20,840 Speaker 3: The vibes are. 433 00:24:20,760 --> 00:24:23,800 Speaker 6: There, your lips, the God's yours, Judi's rock and roll. 434 00:24:23,800 --> 00:24:24,240 Speaker 13: I'm ready. 435 00:24:26,960 --> 00:24:29,960 Speaker 3: Thanks for listening. Be sure to leave us a review 436 00:24:29,960 --> 00:24:33,560 Speaker 3: at Apple Podcasts or Amazon Music. We love to hear 437 00:24:33,600 --> 00:24:36,879 Speaker 3: from listeners. Please go to Variety dot com and sign 438 00:24:36,960 --> 00:24:41,359 Speaker 3: up for the free weekly Strictly Business newsletter, and don't 439 00:24:41,440 --> 00:24:44,320 Speaker 3: forget to tune in next week for another episode of 440 00:24:44,359 --> 00:24:45,600 Speaker 3: Strictly Business. 441 00:24:55,920 --> 00:24:59,840 Speaker 1: Marketing budgets for big movies often exceed the production budgets. 442 00:25:00,320 --> 00:25:04,560 Speaker 1: That's because promotion is super important. Promote your film or 443 00:25:04,560 --> 00:25:08,640 Speaker 1: TV project with the help of Canva. 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