1 00:00:07,240 --> 00:00:12,200 Speaker 1: Welcome to Strictly Business, Variety's weekly podcast featuring conversations with 2 00:00:12,280 --> 00:00:16,200 Speaker 1: industry leaders about the business of media and entertainment. I'm 3 00:00:16,239 --> 00:00:19,959 Speaker 1: Cynthia Lyttleton, co editor in chief of Variety. Today we 4 00:00:20,040 --> 00:00:23,480 Speaker 1: have a special episode Fresh at a can Lion. Can 5 00:00:23,560 --> 00:00:27,440 Speaker 1: Line is an annual June festival designed to celebrate creativity 6 00:00:27,560 --> 00:00:31,400 Speaker 1: in marketing and advertising. To do so, top players from 7 00:00:31,440 --> 00:00:34,680 Speaker 1: a range of businesses gather in the south of France 8 00:00:35,040 --> 00:00:38,080 Speaker 1: for a week of splashing money around and talking about 9 00:00:38,080 --> 00:00:41,520 Speaker 1: the future of brand building. A Variety joined in last 10 00:00:41,560 --> 00:00:45,320 Speaker 1: week by hosting a can Lion Studio presented by Canva, 11 00:00:45,640 --> 00:00:48,480 Speaker 1: that offers a once a year chance to gain insights 12 00:00:48,479 --> 00:00:52,040 Speaker 1: from the biggest names in marketing. My London based colleague 13 00:00:52,040 --> 00:00:56,360 Speaker 1: Elise Schaeffer, joined me for three pack days of video interviews, 14 00:00:56,760 --> 00:00:59,160 Speaker 1: all of which can be found on the Variety dot 15 00:00:59,200 --> 00:01:03,200 Speaker 1: com website. Coming up here, first, Elisa and I share 16 00:01:03,240 --> 00:01:06,240 Speaker 1: notes on what we learned over seventy two hours of 17 00:01:06,360 --> 00:01:10,440 Speaker 1: rapid fire questioning. After that a selection of clips that 18 00:01:10,520 --> 00:01:16,880 Speaker 1: reflect the trends, opportunities, headwinds and headaches that contemporary marketers face. 19 00:01:17,400 --> 00:01:21,399 Speaker 1: So now settle in, close your eyes and imagine the 20 00:01:21,440 --> 00:01:26,000 Speaker 1: most beautiful blue ocean water you've ever seen. That's why 21 00:01:26,040 --> 00:01:29,119 Speaker 1: they call it the coach Tuzuur. Once you can smell 22 00:01:29,160 --> 00:01:32,120 Speaker 1: the salt, are, feel a light breeze, and hear the 23 00:01:32,240 --> 00:01:35,680 Speaker 1: call of a distant seagull, you've made it to can 24 00:01:36,319 --> 00:01:39,960 Speaker 1: Hold that thought and don't go anywhere. We'll be right 25 00:01:40,040 --> 00:01:41,640 Speaker 1: back after this break. 26 00:01:48,960 --> 00:01:51,760 Speaker 2: A pitch for a film or TV project is only 27 00:01:51,800 --> 00:01:55,120 Speaker 2: as good as its pitch deck. Design your next pitch 28 00:01:55,200 --> 00:01:59,280 Speaker 2: deck with Canva. Canva is the online design platform for 29 00:01:59,480 --> 00:02:04,440 Speaker 2: entertainment professionals. With Canva, it's easy to visually express your 30 00:02:04,520 --> 00:02:09,040 Speaker 2: film or TV idea. Just start with a designer made template, 31 00:02:09,440 --> 00:02:14,560 Speaker 2: then add imagery, video, and audio from Canva's massive content library. 32 00:02:15,240 --> 00:02:18,560 Speaker 2: Go from your screen to the big screen. Nail your 33 00:02:18,600 --> 00:02:24,000 Speaker 2: next pitch with Canva at canva dot com, Slash Entertainment. 34 00:02:24,960 --> 00:02:30,440 Speaker 1: Perfect and we're back with a special strictly business episode 35 00:02:30,760 --> 00:02:32,520 Speaker 1: from the can Lion Festival. 36 00:02:33,120 --> 00:02:36,280 Speaker 3: Hello, at least you're back in London. I'm back in 37 00:02:36,320 --> 00:02:39,519 Speaker 3: Los Angeles and we've had time to recover a bit 38 00:02:39,520 --> 00:02:43,080 Speaker 3: from Canlon and Digest. We sort of did speed dating 39 00:02:43,560 --> 00:02:48,720 Speaker 3: with more than thirty top CMOS brand partnership leaders. You know, 40 00:02:48,880 --> 00:02:52,640 Speaker 3: real movers and shakers in the global business of branding, marketing, 41 00:02:52,680 --> 00:02:56,200 Speaker 3: and advertising. It's a really rare treat to talk to 42 00:02:56,280 --> 00:02:59,639 Speaker 3: so many people in such a short amount of time. 43 00:03:00,400 --> 00:03:03,799 Speaker 3: I would love your at least i'd love your thoughts 44 00:03:03,880 --> 00:03:07,160 Speaker 3: on what were some of the top line discussions, What 45 00:03:07,200 --> 00:03:09,680 Speaker 3: were some of the burning questions on the minds of 46 00:03:09,720 --> 00:03:12,400 Speaker 3: the people that you spoke with. I will start by 47 00:03:12,440 --> 00:03:14,760 Speaker 3: saying that for me, I was really struck by the 48 00:03:14,880 --> 00:03:17,280 Speaker 3: number of marketers, the number of cmos that came in 49 00:03:17,440 --> 00:03:21,639 Speaker 3: and said, our north star, the most important thing is 50 00:03:21,800 --> 00:03:26,120 Speaker 3: making sure that my company is very clear on the 51 00:03:26,160 --> 00:03:29,320 Speaker 3: mission and purpose of the product or the service that 52 00:03:29,360 --> 00:03:32,680 Speaker 3: we sell, and to make sure that our marketing, everything 53 00:03:32,720 --> 00:03:35,920 Speaker 3: that we communicate to consumers about this product is in 54 00:03:35,960 --> 00:03:39,240 Speaker 3: line with that mission and purpose. I thought that really 55 00:03:39,320 --> 00:03:42,000 Speaker 3: struck me as more than just marketing speak, but a 56 00:03:43,000 --> 00:03:47,000 Speaker 3: real guiding post for people, for people these days, which 57 00:03:47,040 --> 00:03:49,480 Speaker 3: I thought was very interesting and very telling about our times. 58 00:03:49,840 --> 00:03:51,040 Speaker 3: Curious what stood out. 59 00:03:50,920 --> 00:03:54,240 Speaker 4: To you, Yeah, I was fascinating to, like you said, 60 00:03:54,320 --> 00:03:56,680 Speaker 4: speed date with all of these marketers sort of. 61 00:03:56,640 --> 00:03:59,360 Speaker 5: And get their insights on the industry. 62 00:03:59,400 --> 00:04:02,080 Speaker 4: And I think, as you said, what really was front 63 00:04:02,080 --> 00:04:03,880 Speaker 4: of mine for me, and what seems to be front 64 00:04:03,880 --> 00:04:07,000 Speaker 4: of mine for all these marketers is authenticity and really 65 00:04:07,240 --> 00:04:11,080 Speaker 4: connecting with the consumer, relating to them on a personal level. 66 00:04:12,040 --> 00:04:14,440 Speaker 4: I thought it was really fascinating in my conversation with 67 00:04:14,520 --> 00:04:17,719 Speaker 4: Queen Latifah and Tajol Vishalpura from Nova Noordesk. 68 00:04:18,640 --> 00:04:21,200 Speaker 5: They are running this campaign around how. 69 00:04:21,000 --> 00:04:24,520 Speaker 4: Important it is to you know, treat obesity, but also 70 00:04:24,680 --> 00:04:28,760 Speaker 4: to get to remove the stigma from it so that 71 00:04:28,760 --> 00:04:32,400 Speaker 4: people actually want to go get that treatment. And Queen 72 00:04:32,440 --> 00:04:35,200 Speaker 4: Latifa told such an authentic story about how it's had 73 00:04:35,240 --> 00:04:38,080 Speaker 4: an impact on her life and her family's life, and 74 00:04:38,240 --> 00:04:40,640 Speaker 4: I just know that through that story they've been able 75 00:04:40,680 --> 00:04:43,400 Speaker 4: to connect with so many consumers that are going through 76 00:04:43,560 --> 00:04:46,320 Speaker 4: the same thing. So for me, it was really authenticity 77 00:04:46,440 --> 00:04:48,359 Speaker 4: was something that that definitely stood out. 78 00:04:48,520 --> 00:04:50,320 Speaker 3: I talked to a lot of people about how they 79 00:04:50,360 --> 00:04:54,520 Speaker 3: deal with influencer marketing. There's a billion and two influencers 80 00:04:54,560 --> 00:04:56,080 Speaker 3: out there. How do you pick the one that you 81 00:04:56,160 --> 00:04:59,480 Speaker 3: want to hold up your product or discuss discuss your 82 00:05:00,080 --> 00:05:04,000 Speaker 3: you're offering. And it's very interesting and we're seeing we're 83 00:05:04,000 --> 00:05:06,440 Speaker 3: seeing sort of some interesting filters come in and kind 84 00:05:06,440 --> 00:05:08,880 Speaker 3: of in the form of like a new form of 85 00:05:08,920 --> 00:05:12,359 Speaker 3: talent agency that represents people and talking to marketers that 86 00:05:12,760 --> 00:05:15,760 Speaker 3: in some cases not many, but in some cases doing 87 00:05:16,080 --> 00:05:18,800 Speaker 3: one to one deals with an influencer who might be 88 00:05:19,120 --> 00:05:21,400 Speaker 3: sitting in their home anywhere in the country and you know, 89 00:05:21,440 --> 00:05:23,520 Speaker 3: picking up the phone and doing a deal directly with 90 00:05:23,600 --> 00:05:26,560 Speaker 3: a Fortune one hundred company. That tells you it's still 91 00:05:26,920 --> 00:05:28,760 Speaker 3: for all of you know, social media creators are not 92 00:05:28,839 --> 00:05:31,200 Speaker 3: a new phenomenon, but it is still the wild West 93 00:05:31,279 --> 00:05:33,839 Speaker 3: in terms of deal making. Did you hear anything in 94 00:05:33,920 --> 00:05:37,719 Speaker 3: terms of deals or areas of focus or things that 95 00:05:37,800 --> 00:05:42,200 Speaker 3: got them excited that surprised you. In terms of marketing. 96 00:05:42,000 --> 00:05:44,280 Speaker 4: We had mister ballin in the studio, who is this 97 00:05:44,360 --> 00:05:47,680 Speaker 4: big podcaster, but he started out just you know, on 98 00:05:47,760 --> 00:05:51,680 Speaker 4: TikTok making storytime videos. But he what I've found is 99 00:05:51,720 --> 00:05:55,560 Speaker 4: that these influencers, they really have to market themselves, and 100 00:05:55,600 --> 00:05:57,960 Speaker 4: so they're not only marketing themselves to an audience, but 101 00:05:58,080 --> 00:06:01,440 Speaker 4: also to people that they might partner with in brand 102 00:06:01,480 --> 00:06:05,200 Speaker 4: deals and management deals and so forth. So we actually 103 00:06:05,240 --> 00:06:07,680 Speaker 4: had mister Ball and we had his manager, we had 104 00:06:08,000 --> 00:06:10,760 Speaker 4: his agent, you know, so many people in the studio 105 00:06:10,839 --> 00:06:13,480 Speaker 4: that he eventually was able to meet with and joined 106 00:06:13,480 --> 00:06:16,320 Speaker 4: forces with. But it really like was down to him 107 00:06:17,000 --> 00:06:19,680 Speaker 4: and I think it's this It's just shows the savviness 108 00:06:19,720 --> 00:06:22,240 Speaker 4: of these people, and really like it breaks that wall 109 00:06:22,320 --> 00:06:26,120 Speaker 4: between the you know, the consumer and the marketer when 110 00:06:26,120 --> 00:06:26,400 Speaker 4: you have. 111 00:06:26,400 --> 00:06:28,640 Speaker 5: These influencers in between that are kind of able to 112 00:06:28,640 --> 00:06:29,039 Speaker 5: do both. 113 00:06:29,680 --> 00:06:34,000 Speaker 3: I really enjoyed speaking with Diana Hausling, the CMO of 114 00:06:34,120 --> 00:06:38,840 Speaker 3: Colgate paal Malo. She confirmed my suspicion that in fact, 115 00:06:38,880 --> 00:06:43,080 Speaker 3: there are big fan affinity groups out there for cleaning products. 116 00:06:43,120 --> 00:06:45,520 Speaker 3: I have people in my family that have great affinity 117 00:06:45,560 --> 00:06:48,080 Speaker 3: for their cleaning products. But it really was funny she 118 00:06:48,400 --> 00:06:52,040 Speaker 3: was so animated and so into her products, but talking 119 00:06:52,080 --> 00:06:55,719 Speaker 3: about like there is a there's an affinity group for 120 00:06:55,880 --> 00:06:59,559 Speaker 3: just about everything out there, and how much they tap 121 00:06:59,760 --> 00:07:03,880 Speaker 3: those fandoms, the the you know, just consumer products are 122 00:07:03,920 --> 00:07:06,640 Speaker 3: not that you know, Hollywood is a consumer product movies 123 00:07:06,640 --> 00:07:09,360 Speaker 3: and TV shows. Just like you know, Hollywood, marketers are 124 00:07:09,360 --> 00:07:12,520 Speaker 3: looking for any pocket of fandom they can get excited 125 00:07:12,880 --> 00:07:15,520 Speaker 3: about their product. The same is true with you know, 126 00:07:15,600 --> 00:07:20,400 Speaker 3: true consumer products, including some of the cleaning supplies that 127 00:07:20,480 --> 00:07:22,800 Speaker 3: they're under the Colgate Palm Olive roof. And it was 128 00:07:22,840 --> 00:07:26,240 Speaker 3: interesting to hear you know, the application of tactics that 129 00:07:26,240 --> 00:07:30,040 Speaker 3: are using entertainment for different kind of sales. It reminds 130 00:07:30,080 --> 00:07:32,400 Speaker 3: me that at variety sometimes we do have blinders on 131 00:07:32,440 --> 00:07:35,080 Speaker 3: and there is a big there is a world outside 132 00:07:35,120 --> 00:07:37,760 Speaker 3: of Hollywood and the global entertainment business. 133 00:07:38,240 --> 00:07:39,720 Speaker 4: And I think that's something we kind of saw with 134 00:07:39,800 --> 00:07:42,960 Speaker 4: AI I know, in past years, and still this year 135 00:07:43,000 --> 00:07:45,280 Speaker 4: it's been such a big topic just how is it 136 00:07:45,320 --> 00:07:46,520 Speaker 4: going to change marketing? 137 00:07:47,040 --> 00:07:48,160 Speaker 5: Is it something to be feared? 138 00:07:48,800 --> 00:07:50,680 Speaker 4: But I felt like this year it was kind of 139 00:07:50,680 --> 00:07:53,840 Speaker 4: more celebrated in terms of how it can actually be 140 00:07:53,960 --> 00:07:58,840 Speaker 4: used to provoke creativity as opposed to, you know, kill creativity. 141 00:07:59,240 --> 00:08:01,720 Speaker 4: And someone I to who really nailed that point home 142 00:08:01,800 --> 00:08:04,040 Speaker 4: was Extern again, who's from Spotify. 143 00:08:04,560 --> 00:08:06,440 Speaker 5: He's actually the voice of their AIDJ. 144 00:08:07,480 --> 00:08:10,400 Speaker 4: So he goes in and records all these different phrases 145 00:08:10,480 --> 00:08:13,600 Speaker 4: and then Spotify puts them together in an algorithm and 146 00:08:13,640 --> 00:08:18,120 Speaker 4: delivers them to consumers. But he really just highlighted how 147 00:08:18,400 --> 00:08:22,280 Speaker 4: people are using this AI DJ to get news but 148 00:08:22,360 --> 00:08:25,280 Speaker 4: also to have fun, and it's not something that is 149 00:08:25,480 --> 00:08:28,920 Speaker 4: really taking the place of that human voice because he 150 00:08:28,960 --> 00:08:30,160 Speaker 4: is a human, you know. 151 00:08:30,240 --> 00:08:32,160 Speaker 5: So they kind of did that. They hit that sweet 152 00:08:32,160 --> 00:08:32,679 Speaker 5: spot of light. 153 00:08:32,800 --> 00:08:36,280 Speaker 4: It's a human voice, a human connection. There's somebody real 154 00:08:36,559 --> 00:08:39,000 Speaker 4: behind you know, I met the AI DJ. He's real, 155 00:08:39,520 --> 00:08:43,520 Speaker 4: but it's still using that technology to you know, make 156 00:08:43,600 --> 00:08:45,080 Speaker 4: things easier for everyone. 157 00:08:45,760 --> 00:08:48,320 Speaker 3: I'm glad you brought up AI because I think once again, 158 00:08:48,360 --> 00:08:51,080 Speaker 3: I think legally obligated to bring up AI these days. 159 00:08:51,120 --> 00:08:53,559 Speaker 3: But this was it definitely struck me. There was so 160 00:08:53,640 --> 00:08:57,440 Speaker 3: much fear in the creative community in Hollywood about AI, 161 00:08:57,800 --> 00:09:01,679 Speaker 3: you know, coming for jobs changing dramatically the way entertainment 162 00:09:01,720 --> 00:09:03,920 Speaker 3: is produced, and it was it struck me that in 163 00:09:03,960 --> 00:09:07,920 Speaker 3: this crowd among marketers, they there's definitely concern, but there's 164 00:09:08,000 --> 00:09:11,200 Speaker 3: also a lot of potential. They see the potential for 165 00:09:11,280 --> 00:09:13,520 Speaker 3: AI tools to make it to make it a lot 166 00:09:13,559 --> 00:09:15,600 Speaker 3: easier to do a lot of the kind of more 167 00:09:16,160 --> 00:09:19,920 Speaker 3: rudimentary work of marketing, creating materials in different languages, for 168 00:09:20,000 --> 00:09:24,400 Speaker 3: different formats and sizes, and so I definitely this is 169 00:09:24,440 --> 00:09:26,839 Speaker 3: a crowd that is that is starting to learn how 170 00:09:26,880 --> 00:09:30,800 Speaker 3: to use the tools in the utensil box. And I 171 00:09:30,880 --> 00:09:33,520 Speaker 3: think I suspect that Hollywood will get there, but I 172 00:09:33,520 --> 00:09:37,240 Speaker 3: think that I think because there's such such clear applications 173 00:09:37,480 --> 00:09:41,400 Speaker 3: that are so attractive that people are broaching that fear 174 00:09:41,520 --> 00:09:44,000 Speaker 3: and actually, you know, starting to learn how to use 175 00:09:44,040 --> 00:09:45,720 Speaker 3: the tools. The last thing I want to touch on 176 00:09:45,840 --> 00:09:47,400 Speaker 3: is that I know both of us talk to people 177 00:09:47,440 --> 00:09:51,120 Speaker 3: a lot about leadership, and I again was struck at 178 00:09:51,160 --> 00:09:55,560 Speaker 3: the I mean, the just incredible executives, really accomplished and prominent, 179 00:09:55,640 --> 00:09:59,480 Speaker 3: and the level of clout that cmos in particular have 180 00:09:59,600 --> 00:10:02,400 Speaker 3: in company. These they all talked about they're producing more 181 00:10:02,440 --> 00:10:06,120 Speaker 3: content than ever before. The marketing department has become like 182 00:10:06,200 --> 00:10:10,840 Speaker 3: a mini studio within all within companies, and so that's 183 00:10:10,880 --> 00:10:14,400 Speaker 3: a big that's definitely a big, big curve that they 184 00:10:14,520 --> 00:10:16,880 Speaker 3: certainly didn't have to do ten years ago, fifteen years ago. 185 00:10:16,960 --> 00:10:20,320 Speaker 3: Requires new skill sets, resources, and of course, like everything, 186 00:10:20,480 --> 00:10:24,200 Speaker 3: everybody's under pressure to do more with less. Again, I 187 00:10:24,280 --> 00:10:27,120 Speaker 3: was struck by the number of really clearly strong leaders 188 00:10:27,360 --> 00:10:29,959 Speaker 3: that are coming out of the marketing ranks. Certainly that's 189 00:10:30,040 --> 00:10:33,400 Speaker 3: not new in Hollywood, but I suspect that in other 190 00:10:33,480 --> 00:10:35,959 Speaker 3: industries that you are seeing at a time when it's 191 00:10:35,960 --> 00:10:38,079 Speaker 3: harder than ever to reach your target audience and the 192 00:10:38,160 --> 00:10:41,000 Speaker 3: right target audience, that folks that really know that and 193 00:10:41,040 --> 00:10:44,240 Speaker 3: can blend the creative and the understanding now of the 194 00:10:44,320 --> 00:10:46,560 Speaker 3: data science that those are those are going to be 195 00:10:46,600 --> 00:10:49,400 Speaker 3: the movers and shakers of the future. Curious what you 196 00:10:49,920 --> 00:10:50,960 Speaker 3: heard in your conversation. 197 00:10:51,480 --> 00:10:54,880 Speaker 4: You really have to these days have so many different skills. 198 00:10:54,880 --> 00:10:57,640 Speaker 4: You have to be proficient in tech, in data, in 199 00:10:58,080 --> 00:11:01,439 Speaker 4: you know, social skills, people skills like connecting with others. 200 00:11:02,200 --> 00:11:05,199 Speaker 4: It really I was also very, very impressed with all 201 00:11:05,200 --> 00:11:08,520 Speaker 4: the leaders that we talked to and just you know, 202 00:11:08,600 --> 00:11:11,280 Speaker 4: getting to see how they're navigating this world. That's something 203 00:11:11,320 --> 00:11:14,520 Speaker 4: that there's no real like rule book for what we're 204 00:11:14,640 --> 00:11:17,440 Speaker 4: going through right now, for the changes we're seeing. So 205 00:11:17,559 --> 00:11:19,000 Speaker 4: I think it takes a lot of a lot of 206 00:11:19,040 --> 00:11:21,320 Speaker 4: courage and a lot of like confidence. You know, at 207 00:11:21,360 --> 00:11:24,400 Speaker 4: the end of the day, they're selling something, so you know, 208 00:11:24,559 --> 00:11:27,559 Speaker 4: I think that's that's a little bit of what I observed. 209 00:11:27,559 --> 00:11:30,240 Speaker 4: But I was very I was you know, I feel 210 00:11:30,280 --> 00:11:32,600 Speaker 4: like it's in good hands. I feel like there's some 211 00:11:32,640 --> 00:11:35,840 Speaker 4: really genius marketing happening. It's going to continue to go 212 00:11:35,960 --> 00:11:38,600 Speaker 4: that way, and just you know, they have to innovate, 213 00:11:38,640 --> 00:11:41,280 Speaker 4: and I think people that we talked to this past 214 00:11:41,320 --> 00:11:42,199 Speaker 4: week have. 215 00:11:41,880 --> 00:11:44,520 Speaker 5: Have really been leading that charge and innovation. 216 00:11:45,120 --> 00:11:47,400 Speaker 3: I'm glad you're I'm glad that you're wrapping up on that, 217 00:11:47,440 --> 00:11:51,080 Speaker 3: because fundamentally I did come away with hope that there 218 00:11:51,160 --> 00:11:54,240 Speaker 3: is excitement and enthusiasm for the business. And I also 219 00:11:54,400 --> 00:11:56,080 Speaker 3: just want to say a least that I had a 220 00:11:56,120 --> 00:11:59,040 Speaker 3: wonderful week and many great meals, but I do think 221 00:11:59,080 --> 00:12:02,120 Speaker 3: that my favorite was you and me having burgers right 222 00:12:02,160 --> 00:12:05,160 Speaker 3: off the coast set at around midnight after a very 223 00:12:05,160 --> 00:12:07,240 Speaker 3: fun party, and so that is going to be a 224 00:12:07,320 --> 00:12:10,400 Speaker 3: highlight of my Can memories and I do really appreciate it, 225 00:12:10,400 --> 00:12:13,000 Speaker 3: And at least I want to commend you those interviews 226 00:12:13,040 --> 00:12:16,199 Speaker 3: doing that speed dating with cmos is not easy. I've 227 00:12:16,240 --> 00:12:18,320 Speaker 3: been doing this a long time, a lot longer than you, 228 00:12:18,600 --> 00:12:20,040 Speaker 3: and you made it look easy. 229 00:12:20,720 --> 00:12:24,000 Speaker 1: And now here come the clips. We'll start with my 230 00:12:24,120 --> 00:12:28,400 Speaker 1: sit down with Josh Feldman, Global CMO for NBC Universal 231 00:12:28,520 --> 00:12:34,080 Speaker 1: Advertising and Partnerships, and Rachel Zaluzik, CMO and Senior VP 232 00:12:34,240 --> 00:12:38,520 Speaker 1: at Volkswagen America. From this power duo, we get details 233 00:12:38,600 --> 00:12:43,280 Speaker 1: on NBC's plans for the Saturday Night Live fiftieth anniversary 234 00:12:43,400 --> 00:12:47,280 Speaker 1: celebration scheduled for early next year. We also get a 235 00:12:47,320 --> 00:12:50,440 Speaker 1: glimpse of what a strong partnership between buyer and seller 236 00:12:50,480 --> 00:12:53,760 Speaker 1: looks like, as the two discuss how the long relationship 237 00:12:53,840 --> 00:12:59,320 Speaker 1: between NBC and VW helps big things happen for both brands. 238 00:12:59,840 --> 00:13:03,280 Speaker 6: Conversations really start by what our mutual interests are, and 239 00:13:03,320 --> 00:13:06,360 Speaker 6: then when we have a preferred partner like Volkswagen, we 240 00:13:06,360 --> 00:13:08,600 Speaker 6: could give them an inside look as to what's happening 241 00:13:08,640 --> 00:13:11,040 Speaker 6: so that we can be talking months and months ahead. 242 00:13:11,440 --> 00:13:14,600 Speaker 6: Which is a perfect example. Right we're about to launch 243 00:13:15,000 --> 00:13:18,600 Speaker 6: our SNL fifty campaign together, and that was a perfect 244 00:13:18,600 --> 00:13:23,000 Speaker 6: example of us kind of being out there talking about 245 00:13:23,080 --> 00:13:25,280 Speaker 6: something that we didn't know exactly what was going to 246 00:13:25,280 --> 00:13:28,000 Speaker 6: be at the time, but listening to what Rachel was 247 00:13:28,040 --> 00:13:31,600 Speaker 6: looking to accomplish and then being able to customize solutions 248 00:13:31,880 --> 00:13:34,000 Speaker 6: for her based upon that in that. 249 00:13:34,040 --> 00:13:37,440 Speaker 7: Respect, and that discussion actually began basically a year ago 250 00:13:37,840 --> 00:13:40,520 Speaker 7: at this point where we knew twenty twenty four is 251 00:13:40,520 --> 00:13:43,000 Speaker 7: maybe a big year for us, particularly this fall where 252 00:13:43,000 --> 00:13:45,200 Speaker 7: we have the launch of our id bus finally coming 253 00:13:45,280 --> 00:13:46,880 Speaker 7: to the US where we've seen. 254 00:13:46,760 --> 00:13:47,240 Speaker 5: It in Europe. 255 00:13:47,280 --> 00:13:50,080 Speaker 7: There's so much anticipation about the vehicle that we needed 256 00:13:50,080 --> 00:13:54,160 Speaker 7: to find the right partner to introduce this vehicle with 257 00:13:54,160 --> 00:13:57,200 Speaker 7: with the right reach, with the right different options, and 258 00:13:57,440 --> 00:13:59,920 Speaker 7: NBCU offers us so many different ways to go in 259 00:14:00,640 --> 00:14:03,079 Speaker 7: so that we can be efficient in terms of how 260 00:14:03,120 --> 00:14:05,560 Speaker 7: we target, but we can use all of those different 261 00:14:05,600 --> 00:14:08,360 Speaker 7: tools that they have available to us to make sure 262 00:14:08,360 --> 00:14:11,840 Speaker 7: that we're bringing the vehicle preciously to the right people 263 00:14:11,960 --> 00:14:14,760 Speaker 7: at the right time. And with the partnership with Saturday 264 00:14:14,840 --> 00:14:17,200 Speaker 7: Night Live, it is the perfect way for us to 265 00:14:17,240 --> 00:14:19,800 Speaker 7: bring those two icons together in a moment that I 266 00:14:19,800 --> 00:14:21,760 Speaker 7: think is really going to be meaningful for us. 267 00:14:22,320 --> 00:14:25,800 Speaker 3: Sounds a good match of events, is something that you 268 00:14:25,880 --> 00:14:27,840 Speaker 3: know is going to be a pop culture event, and 269 00:14:27,880 --> 00:14:29,960 Speaker 3: you would say that that's a result of you know, 270 00:14:30,000 --> 00:14:33,760 Speaker 3: it sounds like you have an ongoing conversation, an ongoing dialogue. 271 00:14:33,880 --> 00:14:36,880 Speaker 3: You know, it's almost like you know, you know your friends' problems, right. 272 00:14:37,520 --> 00:14:38,040 Speaker 5: Absolutely. 273 00:14:38,880 --> 00:14:41,200 Speaker 6: It's also great when you have a partner that's willing 274 00:14:41,240 --> 00:14:43,240 Speaker 6: to take risks and look forward and being able to 275 00:14:43,280 --> 00:14:45,720 Speaker 6: do different things right. So, like, if I look backwards 276 00:14:45,720 --> 00:14:48,520 Speaker 6: a couple of years ago, when augmented reality was the 277 00:14:48,640 --> 00:14:51,760 Speaker 6: hot thing at that moment, we did this amazing partnership 278 00:14:51,760 --> 00:14:54,880 Speaker 6: with Volkswagen back then where we got the actress and 279 00:14:54,880 --> 00:14:58,600 Speaker 6: comedian readA to do an augmented reality sort of shoot 280 00:14:58,800 --> 00:15:00,600 Speaker 6: where it was a virtual show, and we're read as 281 00:15:00,600 --> 00:15:03,840 Speaker 6: showed up exactly where you were and showed off the 282 00:15:04,040 --> 00:15:07,160 Speaker 6: elements of the car that they wanted highlighted. But now 283 00:15:07,240 --> 00:15:09,800 Speaker 6: when we have Saturday in SNL fifty coming up this 284 00:15:09,840 --> 00:15:12,040 Speaker 6: next year, right, this is going to be a full 285 00:15:12,080 --> 00:15:14,640 Speaker 6: blown out event that's going to take over the entire country, 286 00:15:15,000 --> 00:15:18,440 Speaker 6: right because it goes beyond just the primetime special. There's 287 00:15:18,520 --> 00:15:22,120 Speaker 6: going to be a music concert at Radio City Music 288 00:15:22,120 --> 00:15:25,440 Speaker 6: Hall celebrating the best music of the past fifty seasons. 289 00:15:25,880 --> 00:15:27,920 Speaker 6: There's going to be a documentary on the music that 290 00:15:28,000 --> 00:15:31,680 Speaker 6: Questslove from the Roots is curating. We've got a series 291 00:15:31,720 --> 00:15:34,840 Speaker 6: of documentaries on Lauren and the show from Morgan Neville. 292 00:15:35,000 --> 00:15:37,720 Speaker 6: So this is something that you know, there's so many 293 00:15:37,720 --> 00:15:40,880 Speaker 6: different elements to it that when we work with Volkswagen, 294 00:15:41,040 --> 00:15:42,880 Speaker 6: they can kind of pick and choose what's going to 295 00:15:42,880 --> 00:15:45,200 Speaker 6: be right for the ID Buzz, and we can customize 296 00:15:45,200 --> 00:15:48,000 Speaker 6: that messaging around them and really have the Buzz show 297 00:15:48,120 --> 00:15:52,920 Speaker 6: up literally and physically the right way at the right places. 298 00:15:57,080 --> 00:16:00,000 Speaker 1: Here's another pairing that was one of our liveliest conversations. 299 00:16:00,720 --> 00:16:05,640 Speaker 1: Diana Housling, CMO of North America for Colgate Palmolive and 300 00:16:05,720 --> 00:16:10,040 Speaker 1: Sharb Farmagi, CEO of Group M North America. The two 301 00:16:10,160 --> 00:16:13,480 Speaker 1: have the easy camaraderie of those who have enjoyed great 302 00:16:13,520 --> 00:16:18,800 Speaker 1: success together. Here, Housling describes how Colgate Palmolive is tapping 303 00:16:18,840 --> 00:16:22,560 Speaker 1: into the fandom for the company's cleaning products that spills 304 00:16:22,600 --> 00:16:24,640 Speaker 1: out all over TikTok every day. 305 00:16:25,120 --> 00:16:28,960 Speaker 8: But if you think about it, these products that consumers 306 00:16:29,000 --> 00:16:31,240 Speaker 8: are using are a part of your day to day 307 00:16:31,680 --> 00:16:34,640 Speaker 8: and they're not really the main character of your life. 308 00:16:34,720 --> 00:16:37,760 Speaker 8: They're really your best friend that helps you keep your 309 00:16:38,080 --> 00:16:41,400 Speaker 8: oral health, keep your home clean, keep your personal health 310 00:16:41,600 --> 00:16:44,000 Speaker 8: the way that it needs to be. And we take 311 00:16:44,040 --> 00:16:48,120 Speaker 8: that very seriously. Everything we do first is grounded in science, 312 00:16:48,160 --> 00:16:50,480 Speaker 8: and that's really important to us. So the efficacy of 313 00:16:50,520 --> 00:16:53,640 Speaker 8: our brands is number one. That's how we've been able 314 00:16:53,680 --> 00:16:55,960 Speaker 8: to be around for two hundred and eighteen years. But 315 00:16:56,040 --> 00:16:58,880 Speaker 8: we also understand that we have to maintain relevancy for 316 00:16:58,960 --> 00:17:03,320 Speaker 8: our brand and that means constantly reminding consumers about how 317 00:17:03,400 --> 00:17:05,639 Speaker 8: they can leverage our brands to make their lives better, 318 00:17:06,000 --> 00:17:09,520 Speaker 8: but also the benefits that come from using our brands. 319 00:17:09,880 --> 00:17:12,480 Speaker 8: Some of our brands, like Fabuloso, we talk about the 320 00:17:12,600 --> 00:17:15,000 Speaker 8: joy that it brings and it's not just because you 321 00:17:15,080 --> 00:17:16,840 Speaker 8: love cleaning, because who loves cleaning? 322 00:17:16,880 --> 00:17:18,119 Speaker 9: Okay, I do a little bit. 323 00:17:18,640 --> 00:17:22,040 Speaker 8: But it's really because when you take that experience and 324 00:17:22,040 --> 00:17:24,760 Speaker 8: actually clean your home and your family gets to experience, 325 00:17:24,880 --> 00:17:27,040 Speaker 8: or you welcome people in your home, you get to 326 00:17:27,119 --> 00:17:30,760 Speaker 8: create the surrounding that is all about you, what you love, 327 00:17:30,840 --> 00:17:32,960 Speaker 8: and make it personal to you. So for us, it's 328 00:17:33,080 --> 00:17:38,040 Speaker 8: really about understanding how consumers tick, leveraging that insight, remaining 329 00:17:38,119 --> 00:17:41,400 Speaker 8: relevant to them, making sure our products deliver on their promise, 330 00:17:41,800 --> 00:17:45,640 Speaker 8: and then leveraging marketing as a tool to remind consumers 331 00:17:45,960 --> 00:17:48,520 Speaker 8: that we can play an integral part in their lives. 332 00:17:48,880 --> 00:17:50,840 Speaker 8: And we really think about doing that in a couple 333 00:17:50,880 --> 00:17:53,879 Speaker 8: of ways. One is all about culture and how we 334 00:17:53,960 --> 00:17:56,800 Speaker 8: play and are a part of culture, not in an 335 00:17:56,800 --> 00:17:59,880 Speaker 8: inauthentic way, nobody wants the old dude in the Club's 336 00:18:00,119 --> 00:18:05,120 Speaker 8: really about how we infuse ourselves in culture and cultural moments. 337 00:18:05,600 --> 00:18:08,600 Speaker 8: And then it's about taking those moments and making them scalable. 338 00:18:08,840 --> 00:18:12,199 Speaker 8: So how do we think about things like interactions you 339 00:18:12,240 --> 00:18:15,200 Speaker 8: may have with the brand, moments that are happening within 340 00:18:15,320 --> 00:18:19,120 Speaker 8: culture and really allow our brands to be a part 341 00:18:19,160 --> 00:18:21,200 Speaker 8: of those moments and really a part of your life. 342 00:18:22,040 --> 00:18:26,080 Speaker 8: And then finally, it's really creating space for our consumers 343 00:18:26,119 --> 00:18:29,000 Speaker 8: to talk to each other. A brand like fabulous So 344 00:18:29,200 --> 00:18:31,320 Speaker 8: really allows that. And I don't know if you've heard 345 00:18:31,359 --> 00:18:34,000 Speaker 8: of something called clean talk, but it's actually this space 346 00:18:34,040 --> 00:18:38,280 Speaker 8: where people really geek out about cleaning products, different hacks 347 00:18:38,280 --> 00:18:40,800 Speaker 8: on how you can leverage fabulaus so things we never 348 00:18:40,880 --> 00:18:42,600 Speaker 8: thought of, our scientists haven't thought of. 349 00:18:43,119 --> 00:18:44,440 Speaker 5: But it really creates. 350 00:18:44,080 --> 00:18:47,199 Speaker 8: Communities and we're just want to be a part of 351 00:18:47,280 --> 00:18:49,720 Speaker 8: people's everyday lives and make them just a little bit better. 352 00:18:50,240 --> 00:18:53,119 Speaker 8: We also talk a lot about tribes. You know, Marcus 353 00:18:53,160 --> 00:18:55,720 Speaker 8: Collins came in and talked to us. He has this 354 00:18:55,800 --> 00:18:58,240 Speaker 8: awesome book called for the Culture, and in that book 355 00:18:58,240 --> 00:19:01,000 Speaker 8: he really talks about, you know how sometimes marketers can 356 00:19:01,040 --> 00:19:03,439 Speaker 8: be a bit lazy and really just think about, you know, 357 00:19:03,520 --> 00:19:06,560 Speaker 8: the common denominators that are very obvious, like you're black, 358 00:19:06,680 --> 00:19:09,159 Speaker 8: you know, live in this X place, you drive this 359 00:19:09,359 --> 00:19:11,800 Speaker 8: X car. When really, if you get to the nuance 360 00:19:11,840 --> 00:19:14,959 Speaker 8: of humanity and start to see the intersectionalities of what 361 00:19:15,000 --> 00:19:18,480 Speaker 8: it means to be a human, you start to really 362 00:19:18,520 --> 00:19:21,000 Speaker 8: pick up threads where you can really start to talk 363 00:19:21,040 --> 00:19:24,439 Speaker 8: to different communities. We had an awesome execution where we 364 00:19:24,480 --> 00:19:27,840 Speaker 8: talk to gamers, especially women in gaming, and that's a 365 00:19:27,920 --> 00:19:30,400 Speaker 8: unique community and being able to speak to them directly 366 00:19:30,800 --> 00:19:33,080 Speaker 8: not only allowed us to talk to that community, but 367 00:19:33,200 --> 00:19:36,000 Speaker 8: there was an impact and a ripple effect where you 368 00:19:36,080 --> 00:19:39,080 Speaker 8: actually were able to reach others in scale by focusing 369 00:19:39,080 --> 00:19:41,000 Speaker 8: it and nowring on that community. And for us, it's 370 00:19:41,040 --> 00:19:43,760 Speaker 8: really important that we're relevant to the markets that we 371 00:19:43,800 --> 00:19:46,600 Speaker 8: play in, that we're leveraging talent from the different markets 372 00:19:46,600 --> 00:19:49,760 Speaker 8: that we engage with, and that we're really connecting in 373 00:19:49,800 --> 00:19:52,239 Speaker 8: a way that's not superficial but really gets to that 374 00:19:52,240 --> 00:19:53,080 Speaker 8: consumer insight. 375 00:19:53,680 --> 00:19:56,960 Speaker 10: When you think about the connections piece, scale is actually 376 00:19:56,960 --> 00:19:59,520 Speaker 10: an opportunity because the more connections you have in theory, 377 00:19:59,640 --> 00:20:01,440 Speaker 10: the better understanding you should have, which means you should 378 00:20:01,440 --> 00:20:01,840 Speaker 10: be better at. 379 00:20:01,840 --> 00:20:02,360 Speaker 4: Doing what you think. 380 00:20:02,440 --> 00:20:04,879 Speaker 10: Diana's point is right, Colgate is in people's you know, 381 00:20:04,880 --> 00:20:08,399 Speaker 10: the consumer's daily lives all the time, every day, absolutely, 382 00:20:08,440 --> 00:20:10,600 Speaker 10: so that scale is an opportunity to understand, you know, 383 00:20:10,600 --> 00:20:11,840 Speaker 10: how you interact with your consumer. 384 00:20:15,720 --> 00:20:19,480 Speaker 1: Our Can studio conversations touched on subjects ranging from the 385 00:20:19,560 --> 00:20:24,119 Speaker 1: sublime to the silly. Many cmos pointed to the importance 386 00:20:24,280 --> 00:20:28,040 Speaker 1: of knowing their brand's mission and purpose, and more importantly, 387 00:20:28,240 --> 00:20:32,080 Speaker 1: why that matters to consumers. Here's our pairing of Wondery 388 00:20:32,200 --> 00:20:36,400 Speaker 1: CEO Jen Sergeant and Canva co founder and chief product 389 00:20:36,400 --> 00:20:38,240 Speaker 1: officer Cameron Adams. 390 00:20:39,000 --> 00:20:41,239 Speaker 11: One of the things that's really important is to have 391 00:20:41,320 --> 00:20:45,160 Speaker 11: an inspiring vision and mission for your business, your purpose 392 00:20:45,240 --> 00:20:49,560 Speaker 11: of being, and be able to communicate that with your team. 393 00:20:49,840 --> 00:20:53,640 Speaker 11: I'm a big fan of setting big, hairy, audacious goals, 394 00:20:54,080 --> 00:20:57,000 Speaker 11: but then being there to help my team achieve them. 395 00:20:57,520 --> 00:20:58,680 Speaker 5: For us, it's. 396 00:20:58,520 --> 00:21:00,879 Speaker 11: Been a lot of change, a lot of change in 397 00:21:00,920 --> 00:21:04,320 Speaker 11: podcasting over the past eight years, and we're part of 398 00:21:04,320 --> 00:21:08,720 Speaker 11: a fast changing media and entertainment landscape. But for Wondering specifically, 399 00:21:09,200 --> 00:21:12,800 Speaker 11: we went from a scrappy startup to a more established 400 00:21:12,840 --> 00:21:17,320 Speaker 11: startup to getting acquired by Amazon and joining the Amazon 401 00:21:17,359 --> 00:21:20,520 Speaker 11: family has been incredible, but it's been a huge transition 402 00:21:20,640 --> 00:21:23,040 Speaker 11: too because it's one of the largest companies in the world, 403 00:21:23,119 --> 00:21:26,960 Speaker 11: So helping my team through that has required a lot 404 00:21:26,960 --> 00:21:33,119 Speaker 11: of transparency, communication kind of over communication. It's really important 405 00:21:33,280 --> 00:21:37,359 Speaker 11: for me to make sure my team sticks to our roots, 406 00:21:37,560 --> 00:21:43,440 Speaker 11: our startup roots of moving fast, taking risks, being willing 407 00:21:43,560 --> 00:21:47,240 Speaker 11: to think big, but also roll up our sleeves and 408 00:21:47,240 --> 00:21:50,480 Speaker 11: get things done, and then being part of Amazon lets 409 00:21:50,560 --> 00:21:55,120 Speaker 11: us think long term. So balancing that I've found over 410 00:21:55,160 --> 00:21:58,119 Speaker 11: communication is actually the key, and that's part of what 411 00:21:58,160 --> 00:21:59,960 Speaker 11: I've tried to institute at Wondering. 412 00:22:00,560 --> 00:22:03,360 Speaker 12: When we started, we were very much about the product. 413 00:22:03,640 --> 00:22:05,840 Speaker 12: We had an idea for a product that we desperately 414 00:22:05,840 --> 00:22:08,119 Speaker 12: wanted to get in the hands of as many people 415 00:22:08,119 --> 00:22:11,040 Speaker 12: as we could, and we started building that. And it 416 00:22:11,040 --> 00:22:12,879 Speaker 12: actually reminds me of this quote from one of the 417 00:22:12,880 --> 00:22:16,640 Speaker 12: founders of SoundCloud, who said, when we started out, we 418 00:22:16,640 --> 00:22:19,160 Speaker 12: were building a product. Then we realized that we're building 419 00:22:19,200 --> 00:22:22,359 Speaker 12: a company that builds a product. Finally we realized that 420 00:22:22,359 --> 00:22:24,919 Speaker 12: we're building great culture that builds a great company that 421 00:22:24,960 --> 00:22:28,960 Speaker 12: builds a great product. And for us, that evolution in 422 00:22:29,000 --> 00:22:32,680 Speaker 12: our thinking these kind of eggshells that grow out has 423 00:22:32,840 --> 00:22:35,680 Speaker 12: very much been how we've thought about Camber. We started 424 00:22:35,680 --> 00:22:38,439 Speaker 12: out wanting to make a great product, but realized that 425 00:22:38,480 --> 00:22:41,000 Speaker 12: we really needed to make a great team that could 426 00:22:41,000 --> 00:22:44,600 Speaker 12: build the product. And as the team grew from ten 427 00:22:44,640 --> 00:22:47,240 Speaker 12: people to twenty people to one hundred to four thy 428 00:22:47,400 --> 00:22:49,680 Speaker 12: five hundred, now you have to really think about the 429 00:22:49,720 --> 00:22:54,400 Speaker 12: culture and how you make decisions. The value system that 430 00:22:54,480 --> 00:22:59,480 Speaker 12: everyone shares. Staying aligned on the vision, the culture becomes 431 00:22:59,480 --> 00:23:02,919 Speaker 12: probably the most important thing, and that's really important for 432 00:23:03,000 --> 00:23:06,040 Speaker 12: us as an employer brand. Finding the best people in 433 00:23:06,040 --> 00:23:08,639 Speaker 12: the world and inspiring them to come to Canva is 434 00:23:08,760 --> 00:23:11,439 Speaker 12: largely about the culture that we've built, the tame that 435 00:23:11,440 --> 00:23:15,200 Speaker 12: we've built, and attracting great minds to great minds. 436 00:23:21,200 --> 00:23:23,560 Speaker 2: There are a lot of moving parts to a film 437 00:23:23,600 --> 00:23:26,879 Speaker 2: or TV production. Canva can help everyone get on the 438 00:23:26,960 --> 00:23:31,639 Speaker 2: same page. Canva has templates for storyboards, call sheets, and 439 00:23:31,760 --> 00:23:37,399 Speaker 2: series bibles. Canva whiteboards are fantastic for plot and story brainstorms, 440 00:23:37,640 --> 00:23:41,520 Speaker 2: production timelines, and more. When you're ready to roll. Canva 441 00:23:41,600 --> 00:23:44,760 Speaker 2: makes it easy to work together on your project face 442 00:23:44,840 --> 00:23:48,360 Speaker 2: to face or online in real time. Go from your 443 00:23:48,440 --> 00:23:53,120 Speaker 2: screen to the big screen at Canva, dot Com Slash Entertainment. 444 00:23:56,320 --> 00:23:59,879 Speaker 1: Of course, there's no discussing the discipline of advertising the 445 00:24:00,000 --> 00:24:03,680 Speaker 1: these days without talking about data, and data's more popular 446 00:24:03,760 --> 00:24:07,560 Speaker 1: cousin AI. Here's some thoughts about the pros and cons 447 00:24:07,560 --> 00:24:12,000 Speaker 1: of the technology that promises to change everything somehow. We'll 448 00:24:12,040 --> 00:24:16,560 Speaker 1: start with Pato Spinalletto, Global Chief Marketing Officer for direct 449 00:24:16,600 --> 00:24:20,840 Speaker 1: to consumer for Warner Brothers Discovery. He has strong thoughts 450 00:24:20,840 --> 00:24:23,400 Speaker 1: on where the utility of data ends and where gut 451 00:24:23,440 --> 00:24:27,280 Speaker 1: decisions come in for marketers. He's followed by Mattel's CEO, 452 00:24:27,600 --> 00:24:31,480 Speaker 1: Enon Cries Priz explains how he reconfigured the toy Giant 453 00:24:31,600 --> 00:24:35,800 Speaker 1: behind Barbie into an ip vault, and finally we hear 454 00:24:35,840 --> 00:24:40,440 Speaker 1: from Jessica Ling, head of Global brand advertising for American Express, 455 00:24:40,720 --> 00:24:44,840 Speaker 1: on how good storytelling and the optimal context for delivering 456 00:24:44,880 --> 00:24:46,640 Speaker 1: a brand message is crucial. 457 00:24:47,240 --> 00:24:51,400 Speaker 13: We use data for almost everything, and while the examples 458 00:24:51,400 --> 00:24:53,480 Speaker 13: I'll give you Wills is going to be about bringing 459 00:24:53,520 --> 00:24:56,520 Speaker 13: in new subscribers, it is probably equally if not more 460 00:24:56,560 --> 00:24:59,720 Speaker 13: important to you think about the data for retaining subscribers. 461 00:25:00,600 --> 00:25:03,320 Speaker 13: Once you know when somebody comes in, what do they watch, 462 00:25:03,440 --> 00:25:06,159 Speaker 13: where do they watch it, what platform, and what frequency. 463 00:25:06,240 --> 00:25:09,359 Speaker 13: These are all signals that can help us better merchandise 464 00:25:09,440 --> 00:25:11,720 Speaker 13: the next piece of content, because at the end of 465 00:25:11,760 --> 00:25:15,200 Speaker 13: the day, like every user, if you can't find something 466 00:25:15,240 --> 00:25:17,320 Speaker 13: you like over a longer period of time, you're not 467 00:25:17,320 --> 00:25:19,959 Speaker 13: going to stick around. And we're in a subscription business, 468 00:25:20,000 --> 00:25:21,560 Speaker 13: we're not in a pay per view business, so we 469 00:25:21,680 --> 00:25:25,760 Speaker 13: have to earn customers trust every single month. On the 470 00:25:25,760 --> 00:25:29,760 Speaker 13: acquisition side, It's very interesting because there's the brand and 471 00:25:29,840 --> 00:25:33,000 Speaker 13: who we stand for and the target audience that we 472 00:25:33,080 --> 00:25:36,240 Speaker 13: call our entertainment enthusiasts, and they have very specific traits 473 00:25:36,240 --> 00:25:40,160 Speaker 13: to them. But within the brand there are all these 474 00:25:40,160 --> 00:25:44,080 Speaker 13: single titles, and the way that you market a succession 475 00:25:44,200 --> 00:25:46,040 Speaker 13: is very different from the way that you market a 476 00:25:46,119 --> 00:25:49,639 Speaker 13: ninety day fiance. So there's all these little nucleus, all 477 00:25:49,640 --> 00:25:52,680 Speaker 13: these little DNAs, right, and you have to spot the 478 00:25:54,080 --> 00:25:56,439 Speaker 13: heart of it and then think about who are the 479 00:25:56,480 --> 00:26:02,320 Speaker 13: broader audiences. So that's an illustrative way of describing something 480 00:26:02,359 --> 00:26:04,520 Speaker 13: that is highly advanced from our media team, and I 481 00:26:04,560 --> 00:26:09,040 Speaker 13: think they've done an incredible job at harnessing the data. 482 00:26:09,800 --> 00:26:12,320 Speaker 13: Last point I'll make on this is we all love 483 00:26:12,320 --> 00:26:15,800 Speaker 13: to talk about data and it is critical, but data 484 00:26:15,800 --> 00:26:20,080 Speaker 13: does not make a marketer great. Data is ingredients. Marketers 485 00:26:20,080 --> 00:26:24,160 Speaker 13: are the chefs, and I feel very passionate that marketers 486 00:26:24,200 --> 00:26:27,320 Speaker 13: have to continue to look at data to inform what 487 00:26:27,359 --> 00:26:29,399 Speaker 13: they want to do, but not to make decisions on 488 00:26:29,440 --> 00:26:30,119 Speaker 13: what they want to do. 489 00:26:30,960 --> 00:26:34,080 Speaker 14: At the core, Mateta is a creative company driven by innovation, 490 00:26:34,920 --> 00:26:38,080 Speaker 14: and part of our transformation was to bring that to 491 00:26:38,160 --> 00:26:42,040 Speaker 14: the four and continue to build on our creativity and 492 00:26:42,080 --> 00:26:47,560 Speaker 14: innovation we are doing. Our strategy is more is twofold. 493 00:26:47,640 --> 00:26:50,360 Speaker 14: One is to continue to grow our IP driven toy 494 00:26:50,400 --> 00:26:55,040 Speaker 14: business and on top of it, to expand our entertainment offering. 495 00:26:55,480 --> 00:26:57,560 Speaker 14: It's not one or the other, and it's not one 496 00:26:57,560 --> 00:27:01,639 Speaker 14: instead of the other. The tour a symbiotic. A successful 497 00:27:01,680 --> 00:27:05,240 Speaker 14: toy business is a great foundation to continue to build 498 00:27:05,280 --> 00:27:10,359 Speaker 14: your entertainment strategy. Toys as a film factor has very 499 00:27:10,440 --> 00:27:16,080 Speaker 14: high engagement and emotional connection with fans. Toys attack DIP 500 00:27:17,119 --> 00:27:22,520 Speaker 14: fans hagar toys, and that gives you a very good 501 00:27:22,560 --> 00:27:26,720 Speaker 14: platform to continue to build on that emotional connection, thinking 502 00:27:26,840 --> 00:27:30,040 Speaker 14: of people who engage with your product as fans and 503 00:27:30,200 --> 00:27:34,560 Speaker 14: continue to grow your business. And this really goes back 504 00:27:34,600 --> 00:27:40,000 Speaker 14: to how we involved as a company, thinking of people 505 00:27:40,040 --> 00:27:44,520 Speaker 14: who buy our product not just as consumers, but as fans, 506 00:27:45,320 --> 00:27:48,359 Speaker 14: Fans that have an emotional relationship with what you do, 507 00:27:48,720 --> 00:27:51,760 Speaker 14: with what you create, with the experiences that you build, 508 00:27:52,520 --> 00:27:58,639 Speaker 14: and many fans in the aggregate is an audience, and 509 00:27:58,720 --> 00:28:01,280 Speaker 14: when you realize that you're actually speaking to an audience, 510 00:28:01,640 --> 00:28:04,479 Speaker 14: not to individuals who buy items off a shelf, but 511 00:28:04,520 --> 00:28:08,960 Speaker 14: to an audience, it's a very different conversation and opportunities 512 00:28:08,960 --> 00:28:10,520 Speaker 14: are much bigger, much larger. 513 00:28:10,880 --> 00:28:13,080 Speaker 15: So we're telling is everything right, I think at the 514 00:28:13,119 --> 00:28:17,200 Speaker 15: heart of creativity or great stories, And for us, every 515 00:28:17,240 --> 00:28:20,280 Speaker 15: great story starts with the truth. And those truths have 516 00:28:20,359 --> 00:28:22,320 Speaker 15: to be true in two ways. They have to be 517 00:28:22,359 --> 00:28:25,000 Speaker 15: true for ames and they have to be true in culture. 518 00:28:25,240 --> 00:28:28,720 Speaker 15: So an example of that is we recently did a 519 00:28:28,760 --> 00:28:31,439 Speaker 15: global trans report. We found that over seventy five percent 520 00:28:31,480 --> 00:28:33,760 Speaker 15: of gen Z and millennials plan to take a solo 521 00:28:33,840 --> 00:28:36,920 Speaker 15: trip this year. And then you can't be on TikTok 522 00:28:37,080 --> 00:28:40,960 Speaker 15: or Instagram and not see an amazing trip someone's taking 523 00:28:41,040 --> 00:28:44,520 Speaker 15: by themselves. And so we took those two truths and 524 00:28:44,880 --> 00:28:47,440 Speaker 15: we told a story about the fact that being alone 525 00:28:47,520 --> 00:28:49,920 Speaker 15: isn't the same as being lonely. And so the ad 526 00:28:50,000 --> 00:28:53,440 Speaker 15: is launching very soon tells the story of a woman 527 00:28:53,440 --> 00:28:57,000 Speaker 15: who's traveling to Greece alone and she's seeing these sites 528 00:28:57,040 --> 00:28:59,680 Speaker 15: and she's meeting all these people, but she's doing it 529 00:28:59,720 --> 00:29:03,760 Speaker 15: withx fireside. So it's a pretty cool creative story. 530 00:29:04,400 --> 00:29:04,960 Speaker 5: I love that. 531 00:29:05,040 --> 00:29:08,200 Speaker 4: And speaking of gen Z and Millennials, how are you 532 00:29:08,360 --> 00:29:11,720 Speaker 4: driving not only you know, creative campaigns, but also demand 533 00:29:11,920 --> 00:29:14,160 Speaker 4: for as amongst that auge group in specific. 534 00:29:14,280 --> 00:29:19,200 Speaker 15: That's a great question. Gen Z consumers, they are very 535 00:29:19,200 --> 00:29:22,560 Speaker 15: interested in premium value, right, and so when they look 536 00:29:22,800 --> 00:29:27,360 Speaker 15: at American Express, what they see is an opportunity to 537 00:29:27,520 --> 00:29:30,560 Speaker 15: really pursue the things that they love in a different way. 538 00:29:30,840 --> 00:29:32,960 Speaker 15: I'll give you a great example of this. We recently 539 00:29:33,000 --> 00:29:36,600 Speaker 15: had a partnership with Olivia Rodrigo. You're wearing butterflies, so 540 00:29:36,680 --> 00:29:39,800 Speaker 15: maybe you're familiar. She's the queen of gen Z, right, 541 00:29:39,800 --> 00:29:42,880 Speaker 15: And when we look at partnerships like that, we look 542 00:29:42,880 --> 00:29:45,120 Speaker 15: at it from a couple of different dimensions. How can 543 00:29:45,200 --> 00:29:49,520 Speaker 15: American Express elevate that fanhood? And so it's pre sale 544 00:29:49,560 --> 00:29:53,440 Speaker 15: access to tickets, it's exclusive merch, it's pop up experiences, right, 545 00:29:53,480 --> 00:29:56,720 Speaker 15: and so it's taking something that gen Z is already 546 00:29:56,720 --> 00:30:00,840 Speaker 15: passionate about and connecting it to a differentiat experience with 547 00:30:00,880 --> 00:30:03,840 Speaker 15: American Express, and for us, that certainly helps drive demand. 548 00:30:04,440 --> 00:30:07,560 Speaker 15: We set out this year to really drive a better 549 00:30:07,600 --> 00:30:11,000 Speaker 15: connection between media and content, and one of the ways 550 00:30:11,040 --> 00:30:13,880 Speaker 15: that we know we do that is through better aligning 551 00:30:13,960 --> 00:30:14,960 Speaker 15: on context. 552 00:30:15,040 --> 00:30:15,200 Speaker 5: Right. 553 00:30:15,240 --> 00:30:17,680 Speaker 15: We know if that you're in the right context, it's 554 00:30:17,720 --> 00:30:20,720 Speaker 15: just going to drive better outcomes for the creative. And 555 00:30:20,800 --> 00:30:24,280 Speaker 15: so you see us, if you're if you watch live sports, 556 00:30:24,280 --> 00:30:29,000 Speaker 15: you'll see AMX ads. And recently, what we've really honed 557 00:30:29,040 --> 00:30:32,560 Speaker 15: in on is a strategy that brings our media context 558 00:30:32,560 --> 00:30:34,720 Speaker 15: and our creative closer together. And so one of the 559 00:30:34,760 --> 00:30:37,080 Speaker 15: things we know is that live sports is where our 560 00:30:37,120 --> 00:30:39,680 Speaker 15: audiences are, and so how do you tell a story 561 00:30:39,680 --> 00:30:43,160 Speaker 15: about American Express and the context of live sports While 562 00:30:43,200 --> 00:30:45,160 Speaker 15: we know that a lot of people travel to go 563 00:30:45,200 --> 00:30:48,240 Speaker 15: see games they love, and so that's a very authentic 564 00:30:48,360 --> 00:30:51,080 Speaker 15: story and culture and is a very authentic story for AMEX, 565 00:30:51,160 --> 00:30:54,360 Speaker 15: And so we launched some creative that really tells the 566 00:30:54,400 --> 00:30:56,320 Speaker 15: story of two friends who are going to see a 567 00:30:56,360 --> 00:30:59,000 Speaker 15: game they're super passionate about, but we told it through 568 00:30:59,000 --> 00:31:01,480 Speaker 15: the lens of MX members. So they're on their way, 569 00:31:01,680 --> 00:31:04,360 Speaker 15: they're at the lounge, they check into an amazing hotel, 570 00:31:04,680 --> 00:31:07,320 Speaker 15: they'd get great seats at the game, and so we 571 00:31:07,480 --> 00:31:10,640 Speaker 15: really set out to drive that tighter connection, not just 572 00:31:10,680 --> 00:31:13,040 Speaker 15: because it's a better experience for the people who are watching, 573 00:31:13,160 --> 00:31:15,640 Speaker 15: but because we know it drives just better performance. 574 00:31:15,640 --> 00:31:23,560 Speaker 1: Overall, our studio was packed with cmos, but we also 575 00:31:23,640 --> 00:31:26,800 Speaker 1: sought the perspective of creatives and talent on the front 576 00:31:26,840 --> 00:31:30,600 Speaker 1: lines of sponsorship and deal making. First, we'll hear from 577 00:31:30,640 --> 00:31:34,400 Speaker 1: social media influencer mister Balin, who came to us with 578 00:31:34,480 --> 00:31:37,560 Speaker 1: the entourage that has helped him corral eight point five 579 00:31:37,640 --> 00:31:42,640 Speaker 1: million followers and counting on TikTok. Following mister Balin, we 580 00:31:42,720 --> 00:31:47,880 Speaker 1: get an audience with the Equalizer aka Queen Latifa. Latifa 581 00:31:48,040 --> 00:31:52,120 Speaker 1: was in Canlon to tub thump her work with pharmaceutical 582 00:31:52,200 --> 00:31:56,200 Speaker 1: company Novo Nordisk to raise awareness about obesity. 583 00:31:56,720 --> 00:32:00,320 Speaker 16: So I fell into content creation totally by accident in 584 00:32:00,360 --> 00:32:03,320 Speaker 16: the Navy for seven years, and then when I got 585 00:32:03,360 --> 00:32:06,200 Speaker 16: out of the military, I kind of I didn't know 586 00:32:06,240 --> 00:32:07,280 Speaker 16: what I was going to do. I was like doing 587 00:32:07,320 --> 00:32:10,000 Speaker 16: some philanthropy and some consulting, but I saw this thing 588 00:32:10,120 --> 00:32:13,600 Speaker 16: social media, which seemed like a really cool opportunity, and 589 00:32:13,640 --> 00:32:15,880 Speaker 16: I wound up posting something that went viral, and it 590 00:32:15,920 --> 00:32:17,840 Speaker 16: was me telling a story about these hikers that went 591 00:32:17,840 --> 00:32:21,440 Speaker 16: missing in the nineteen fifties, and truthfully, I didn't know 592 00:32:21,640 --> 00:32:23,920 Speaker 16: if that would turn into anything. It was frankly just 593 00:32:24,040 --> 00:32:26,760 Speaker 16: kind of incredible to put something on the Internet that 594 00:32:26,760 --> 00:32:30,560 Speaker 16: people tuned into. And so instead of thinking this is 595 00:32:30,600 --> 00:32:33,959 Speaker 16: going to be a business, I just focused on mastering 596 00:32:34,040 --> 00:32:36,920 Speaker 16: the craft of turning stories into really engaging content over 597 00:32:36,960 --> 00:32:39,440 Speaker 16: and over again. But it reached a point after about 598 00:32:39,440 --> 00:32:42,960 Speaker 16: a year where there was so many organizations reaching out 599 00:32:42,960 --> 00:32:45,400 Speaker 16: that wanted to do sponsored content, that wanted to represent 600 00:32:45,440 --> 00:32:48,440 Speaker 16: me in some capacity, and I never set out to 601 00:32:48,480 --> 00:32:51,040 Speaker 16: be an influencer or a creator, and I was just 602 00:32:51,080 --> 00:32:54,000 Speaker 16: turning everything down, or actually not even I was ignoring 603 00:32:54,160 --> 00:32:56,520 Speaker 16: everything that was being sent to me. I just decided 604 00:32:56,520 --> 00:32:58,600 Speaker 16: that was the best course. But then I was totally 605 00:32:58,640 --> 00:33:00,560 Speaker 16: burned out and felt like I was leading a lot 606 00:33:00,600 --> 00:33:02,400 Speaker 16: on the table. And that was actually when I got 607 00:33:02,520 --> 00:33:04,760 Speaker 16: an email that was like, Hey, I'm a military veteran 608 00:33:04,800 --> 00:33:07,040 Speaker 16: in entertainment. You know, if you ever need any help, 609 00:33:07,400 --> 00:33:08,880 Speaker 16: you know, I'm here to help. And it was this 610 00:33:08,920 --> 00:33:11,560 Speaker 16: guy named Nick Whitters, who at the time was managing 611 00:33:11,560 --> 00:33:14,720 Speaker 16: the biggest digital creator in the world, Mister Beast, and 612 00:33:15,000 --> 00:33:16,520 Speaker 16: I felt like that was a good guy to talk to, 613 00:33:17,120 --> 00:33:19,800 Speaker 16: and he stepped in and introduced me to these incredible 614 00:33:19,840 --> 00:33:23,160 Speaker 16: guys and frankly, the business side of growing from one 615 00:33:23,200 --> 00:33:26,400 Speaker 16: guy into a brand that's not me. I tell stories 616 00:33:26,400 --> 00:33:28,280 Speaker 16: and I'm good at it, but it's these guys and 617 00:33:28,360 --> 00:33:29,920 Speaker 16: this guy who's built the brand. 618 00:33:30,600 --> 00:33:33,280 Speaker 17: I think what drew me in Novo Nordisk to work 619 00:33:33,320 --> 00:33:36,440 Speaker 17: with this cause about obesity was just that it was 620 00:33:36,480 --> 00:33:41,400 Speaker 17: about breaking down a stigma machine. It wasn't about selling anything, 621 00:33:41,520 --> 00:33:45,880 Speaker 17: It wasn't about promoting anything. It was strictly about talking 622 00:33:45,920 --> 00:33:49,400 Speaker 17: to people about obesity and what it is and what 623 00:33:49,440 --> 00:33:56,640 Speaker 17: it isn't educating folks out there, educating doctors out there, 624 00:33:57,360 --> 00:34:00,640 Speaker 17: learning from doctors, learning from people, and relating it to 625 00:34:00,680 --> 00:34:03,680 Speaker 17: my own family and friends. You know, people I know 626 00:34:04,160 --> 00:34:07,080 Speaker 17: who are experiencing it, or people you know, things I've 627 00:34:07,120 --> 00:34:11,280 Speaker 17: been through in life. Was very relatable in that sense, 628 00:34:11,520 --> 00:34:14,680 Speaker 17: and so I thought why not? Why not? Because this 629 00:34:14,760 --> 00:34:17,280 Speaker 17: is very important to people and how they feel about life. 630 00:34:17,719 --> 00:34:21,640 Speaker 17: It affects over one hundred million Americans, it affects almost 631 00:34:21,680 --> 00:34:25,200 Speaker 17: two billion people globally, and so this is something that 632 00:34:25,320 --> 00:34:27,480 Speaker 17: you know, is really important to how we live life 633 00:34:27,480 --> 00:34:31,279 Speaker 17: and longevity. As we continue to talk about you know, 634 00:34:31,360 --> 00:34:36,479 Speaker 17: wellness and longevity and aging and all these things, there's 635 00:34:36,480 --> 00:34:39,120 Speaker 17: no way you can sort of discuss those things without 636 00:34:39,160 --> 00:34:42,279 Speaker 17: addressing obesity. And then that comes along with all of 637 00:34:42,320 --> 00:34:47,000 Speaker 17: the wrong opinions about what obesity actually is as a 638 00:34:47,040 --> 00:34:50,759 Speaker 17: disease and how people think about it. So to reframe that. 639 00:34:50,760 --> 00:34:53,000 Speaker 5: Whole discussion was something I was very interested in. 640 00:34:57,160 --> 00:34:59,919 Speaker 1: One of our guests came camera ready with her own 641 00:35:00,080 --> 00:35:04,400 Speaker 1: perfectly timed exclusive survey to demonstrate her larger concern that 642 00:35:04,560 --> 00:35:08,080 Speaker 1: most marketing executives live lives that are out of sync 643 00:35:08,120 --> 00:35:11,680 Speaker 1: with the rest of America. Gail Troberman knows where off 644 00:35:11,719 --> 00:35:15,760 Speaker 1: she speaks. She helps program to audiences coast to coast 645 00:35:15,840 --> 00:35:19,480 Speaker 1: and beyond in her role as CMO of Radio and 646 00:35:19,560 --> 00:35:21,520 Speaker 1: podcast Giant. iHeartMedia. 647 00:35:22,000 --> 00:35:25,560 Speaker 9: As marketers, we live in this kind of bizarre bubble. 648 00:35:25,640 --> 00:35:28,400 Speaker 18: We come to cann and we drink apparel Sprits's, and 649 00:35:28,840 --> 00:35:33,440 Speaker 18: we have interesting creative conversations, and our lives are not 650 00:35:33,600 --> 00:35:37,719 Speaker 18: necessarily reflective of the average consumer. So we recently did 651 00:35:37,760 --> 00:35:41,279 Speaker 18: a study that was pretty provocative where we asked real 652 00:35:41,360 --> 00:35:45,279 Speaker 18: people in America, real humans around the country what they 653 00:35:45,520 --> 00:35:49,120 Speaker 18: love and hate, think and feel, believe and are influenced by. 654 00:35:49,520 --> 00:35:53,120 Speaker 18: And we did the exact same study of marketers and 655 00:35:53,200 --> 00:35:57,120 Speaker 18: it was mind blowing, just simple, simple facts. Right, thirty 656 00:35:57,160 --> 00:36:00,000 Speaker 18: eight percent of Americans leo in the South. Thirty five 657 00:36:00,120 --> 00:36:03,040 Speaker 18: percent of marketers live in the northeast. Right, there's a 658 00:36:03,080 --> 00:36:07,399 Speaker 18: coastal elite mentality and bias. This one blows everyone's mind, 659 00:36:07,440 --> 00:36:10,520 Speaker 18: particularly this week and can fifty percent of Americans have 660 00:36:10,640 --> 00:36:14,040 Speaker 18: never heard of an apparel spirts, right. 661 00:36:14,840 --> 00:36:16,759 Speaker 9: You know, it's just and the stats go on and on. 662 00:36:16,840 --> 00:36:19,320 Speaker 18: A third of Americans have never heard of her charcutery board, 663 00:36:19,640 --> 00:36:23,279 Speaker 18: zero percent of marketers. And then when it comes to influence, 664 00:36:24,080 --> 00:36:27,160 Speaker 18: it gets really interesting. Right, Real people are influenced by 665 00:36:27,160 --> 00:36:30,160 Speaker 18: their family and friends twice as much as marketers. 666 00:36:30,840 --> 00:36:32,760 Speaker 9: Marketers are three times as. 667 00:36:32,719 --> 00:36:36,839 Speaker 18: Likely to be influenced by fear and fame and fortune. 668 00:36:37,200 --> 00:36:39,960 Speaker 18: So our reason for doing this research was to just 669 00:36:40,000 --> 00:36:43,080 Speaker 18: get us all as marketers to think about despite having 670 00:36:43,120 --> 00:36:45,880 Speaker 18: more data than we've ever had in the history of marketing, 671 00:36:46,480 --> 00:36:50,000 Speaker 18: I think we are making more biased decisions because we 672 00:36:50,080 --> 00:36:53,200 Speaker 18: can't help as humans but bring the things we think 673 00:36:53,239 --> 00:36:54,120 Speaker 18: are normal. 674 00:36:53,840 --> 00:36:55,960 Speaker 9: And interesting into the equation. 675 00:36:56,400 --> 00:36:59,960 Speaker 18: And sometimes we're chasing trends way too far ahead of consumers. 676 00:37:00,239 --> 00:37:04,719 Speaker 18: Look at NFTs right today, right, yeah, we talked all 677 00:37:04,760 --> 00:37:07,400 Speaker 18: we talked about a cam last year. We're NFTs and 678 00:37:07,480 --> 00:37:11,040 Speaker 18: half of Americans have never heard of one still, and 679 00:37:11,120 --> 00:37:11,760 Speaker 18: yet we've. 680 00:37:11,640 --> 00:37:14,040 Speaker 9: Kind of rode that way even and crashed. 681 00:37:14,520 --> 00:37:16,799 Speaker 18: So that's one of the big topics for me, Like, 682 00:37:16,960 --> 00:37:20,320 Speaker 18: let's get past our biases because people spend a third 683 00:37:20,440 --> 00:37:25,400 Speaker 18: of their media diet listening, listening to broadcast radio, listening 684 00:37:25,480 --> 00:37:29,600 Speaker 18: to podcasts, and marketers spend less than ten percent of 685 00:37:29,640 --> 00:37:34,200 Speaker 18: their budget on average on audio. So there's a huge opportunity. 686 00:37:34,360 --> 00:37:37,400 Speaker 18: That's the plus side, and that's my biggest topic this week. 687 00:37:41,880 --> 00:37:46,640 Speaker 1: One voice that turned heads in our studio was Xavier X. Jernigan. 688 00:37:47,120 --> 00:37:52,400 Speaker 1: He's the human voice behind the AIDJX feature that Spotify 689 00:37:52,520 --> 00:37:57,400 Speaker 1: offers users as a premium personalization tool. Jernigan also hosts 690 00:37:57,400 --> 00:38:01,360 Speaker 1: programs and podcasts for the streaming audio Giant, and he 691 00:38:01,480 --> 00:38:06,000 Speaker 1: serves as Spotify's head of Cultural Partnerships. Here he explains 692 00:38:06,040 --> 00:38:09,440 Speaker 1: how his voice is used to train the AI database 693 00:38:09,719 --> 00:38:14,719 Speaker 1: that recreates his syllables to craft custom DJ intros, outros, 694 00:38:14,880 --> 00:38:19,799 Speaker 1: and interstitial chatter for individual users. It's an AI use 695 00:38:19,880 --> 00:38:23,160 Speaker 1: case that is mind blowing in its complexity. As he 696 00:38:23,280 --> 00:38:24,920 Speaker 1: discusses with ilease. 697 00:38:25,080 --> 00:38:26,000 Speaker 12: Hey how are you? 698 00:38:26,200 --> 00:38:26,799 Speaker 14: What's going on? 699 00:38:27,400 --> 00:38:27,720 Speaker 9: Great? 700 00:38:27,800 --> 00:38:29,839 Speaker 5: I feel like I hear that in my headphones all day. Love, 701 00:38:29,960 --> 00:38:30,600 Speaker 5: that's a good thing. 702 00:38:30,680 --> 00:38:31,680 Speaker 9: Thank you for rotting with me. 703 00:38:31,719 --> 00:38:33,640 Speaker 5: I appreciate it absolutely well. 704 00:38:33,680 --> 00:38:36,200 Speaker 4: First, to kick off, just talk a little bit about 705 00:38:36,239 --> 00:38:39,040 Speaker 4: your role at Spotify as the head of Cultural Partnerships 706 00:38:39,080 --> 00:38:42,719 Speaker 4: and what role does culture play within Spotify. We're at the. 707 00:38:42,719 --> 00:38:45,800 Speaker 19: Pulse of culture, were like Spotify is driven by culture. 708 00:38:46,120 --> 00:38:49,319 Speaker 19: Culture is reflected on our platform. Anything happens in the 709 00:38:49,360 --> 00:38:51,480 Speaker 19: world or they want to find out what's happening in 710 00:38:51,480 --> 00:38:54,719 Speaker 19: the world. People come to Spotify, whether it's podcast, audiobooks, 711 00:38:54,920 --> 00:38:57,520 Speaker 19: but of course music. Music is the cornerstone. Music is 712 00:38:57,520 --> 00:39:01,080 Speaker 19: the foundation. So a moment happens in a TV show 713 00:39:01,440 --> 00:39:03,680 Speaker 19: and this is big music moment around it, people go 714 00:39:03,800 --> 00:39:07,520 Speaker 19: on Spotify to extend that storytelling. I mean that's a 715 00:39:07,520 --> 00:39:10,640 Speaker 19: storytelling aspect, to discover your next new artist, to go 716 00:39:10,680 --> 00:39:13,360 Speaker 19: to your familiar favorites. So that's what it means to 717 00:39:13,640 --> 00:39:16,680 Speaker 19: be in culture. My role specifically is to make sure 718 00:39:16,719 --> 00:39:19,399 Speaker 19: that Spotify is on the post of culture. So it's 719 00:39:19,440 --> 00:39:24,040 Speaker 19: partnering with people like Disney, Netflix, Broadway. What's happening on 720 00:39:24,120 --> 00:39:27,840 Speaker 19: Broadway at Leasta, Keys's Amazing, Musical, Health's Kitchen. How do 721 00:39:27,880 --> 00:39:31,480 Speaker 19: we reflect that on platform and partner with these creators, 722 00:39:31,840 --> 00:39:35,440 Speaker 19: partner with these other companies that are generating culture just 723 00:39:35,600 --> 00:39:38,759 Speaker 19: like us. So I'm always looking for those cultural partnerships 724 00:39:39,120 --> 00:39:41,239 Speaker 19: and making sure that we're on the cusp of it. 725 00:39:41,680 --> 00:39:43,960 Speaker 4: Amazing and reflecting on the past year, What are some 726 00:39:44,200 --> 00:39:46,880 Speaker 4: key ways that your role has changed and evolved. 727 00:39:47,200 --> 00:39:50,319 Speaker 19: Well, AIDJ came out last year, and not only did 728 00:39:50,360 --> 00:39:52,719 Speaker 19: my role change, my life changed. I was already a 729 00:39:52,719 --> 00:39:55,520 Speaker 19: host that Spotify, so and on top of being ahead 730 00:39:55,520 --> 00:39:57,600 Speaker 19: of cultural partnerships and making sure we're in the right 731 00:39:57,640 --> 00:40:01,640 Speaker 19: places culturally, on top of that in house talent for Spotify, so, 732 00:40:02,040 --> 00:40:05,920 Speaker 19: hosting internal and external events, doing things like the Red Carpet. 733 00:40:05,960 --> 00:40:09,200 Speaker 19: So culturally, I made a partnership with the Oscars the Academy, 734 00:40:09,400 --> 00:40:11,239 Speaker 19: and then I did the Red Carpet at the Oscars 735 00:40:11,280 --> 00:40:13,880 Speaker 19: or the American Music Awards, those sorts of things. But 736 00:40:14,000 --> 00:40:17,520 Speaker 19: my life changed and my role changed when AIDJ came along. 737 00:40:17,520 --> 00:40:19,800 Speaker 19: Even though I was hosting podcasts that did pretty well, 738 00:40:20,239 --> 00:40:23,080 Speaker 19: this was a whole another level with the AI aspect 739 00:40:23,120 --> 00:40:27,759 Speaker 19: and being everybody's personal DJ. I mean, everything changed at 740 00:40:27,760 --> 00:40:30,200 Speaker 19: that point, from being in the writer's room helping to 741 00:40:30,239 --> 00:40:32,640 Speaker 19: shape the project and what it looks like in the 742 00:40:32,680 --> 00:40:35,360 Speaker 19: product and what it came out to be in the world, 743 00:40:35,560 --> 00:40:39,480 Speaker 19: to people recognizing me on the street and going in 744 00:40:39,560 --> 00:40:42,520 Speaker 19: a restaurant and my server like flipping out because they 745 00:40:42,520 --> 00:40:45,000 Speaker 19: were just listening to me on their break, those types 746 00:40:45,040 --> 00:40:45,359 Speaker 19: of things. 747 00:40:45,360 --> 00:40:46,279 Speaker 5: It's really changed my. 748 00:40:46,360 --> 00:40:47,359 Speaker 19: Role and changed my life. 749 00:40:47,400 --> 00:40:47,680 Speaker 5: Really. 750 00:40:48,120 --> 00:40:51,120 Speaker 19: When we say recording process, it's not recordings that you're hearing. 751 00:40:51,120 --> 00:40:53,960 Speaker 19: It's an AI voice model, so it's training the voice model. 752 00:40:54,160 --> 00:40:58,880 Speaker 19: So they're like recording sessions, but I'm literally recording into 753 00:40:58,920 --> 00:41:01,799 Speaker 19: a voice model that trains the voice model on how 754 00:41:01,840 --> 00:41:04,640 Speaker 19: I talk, my different speech patterns, what a period sounds 755 00:41:04,680 --> 00:41:07,239 Speaker 19: like when I pause versus a short pause, which is 756 00:41:07,239 --> 00:41:09,560 Speaker 19: a calm of things in quotes. So I have to 757 00:41:09,600 --> 00:41:12,840 Speaker 19: be very accurate and precise in terms of hosting, but 758 00:41:12,880 --> 00:41:16,279 Speaker 19: still sound natural. So I'm voice acting as myself. It's 759 00:41:16,320 --> 00:41:18,560 Speaker 19: not seeing you know, people ask a lot like do 760 00:41:18,640 --> 00:41:20,600 Speaker 19: you have to say Tuesday a bunch of times? Like Hey, 761 00:41:20,600 --> 00:41:23,279 Speaker 19: it's Tuesday, Hi, it's Tuesday, good morning, It's Tuesday. No, 762 00:41:23,400 --> 00:41:26,680 Speaker 19: it's more words like in phrases like you hear in 763 00:41:26,719 --> 00:41:30,520 Speaker 19: the AIDJ experience. So I get scripts and lines of scripts. 764 00:41:30,640 --> 00:41:33,360 Speaker 19: So I'm voice acting, but I'm voice acting as myself. 765 00:41:33,640 --> 00:41:36,640 Speaker 19: So I have a director and a producer in a session, 766 00:41:37,080 --> 00:41:39,680 Speaker 19: and it's lines of script things like you hear me 767 00:41:39,800 --> 00:41:42,759 Speaker 19: say as AIX as the DJ. But I have to 768 00:41:42,760 --> 00:41:46,160 Speaker 19: be very precise, sound natural. And my note to myself 769 00:41:46,200 --> 00:41:47,879 Speaker 19: and what I brought to the one of the things 770 00:41:47,920 --> 00:41:50,239 Speaker 19: that I brought to the product and the project is 771 00:41:50,800 --> 00:41:52,719 Speaker 19: I want to sound like I'm just having a conversation, 772 00:41:52,880 --> 00:41:55,359 Speaker 19: and a conversation with one person. I don't ever want 773 00:41:55,400 --> 00:41:57,759 Speaker 19: to sound like I'm broadcasting to the world. We're having 774 00:41:57,840 --> 00:42:00,759 Speaker 19: a conversation. So I would picture a person in the 775 00:42:00,840 --> 00:42:04,000 Speaker 19: room that's as yourself, and I imagine a face, and 776 00:42:04,080 --> 00:42:06,160 Speaker 19: I talk to you. So I hit the script that 777 00:42:06,200 --> 00:42:09,360 Speaker 19: I got to do it in real time, all cold reads, 778 00:42:09,760 --> 00:42:12,480 Speaker 19: and I got to nail it, all the punctuation, everything 779 00:42:13,080 --> 00:42:15,160 Speaker 19: down to the point because if I don't get it, 780 00:42:15,200 --> 00:42:18,280 Speaker 19: then it's training the voice model on the wrong things. 781 00:42:18,560 --> 00:42:20,560 Speaker 19: So I have to be very precise with it, and 782 00:42:20,600 --> 00:42:23,319 Speaker 19: then we do that until we have it down. 783 00:42:27,560 --> 00:42:31,120 Speaker 1: We love to talk about business strategies on strictly business 784 00:42:31,320 --> 00:42:34,320 Speaker 1: and we love to give specific insights to our listeners 785 00:42:34,520 --> 00:42:37,560 Speaker 1: who create and sell TV shows and movies. Here's a 786 00:42:37,560 --> 00:42:41,720 Speaker 1: few nuggets from Adam Monaco, Executive VP of Sales for Disney, 787 00:42:42,040 --> 00:42:45,799 Speaker 1: followed by David Eilenberg, head of Content for Roku, and 788 00:42:45,920 --> 00:42:49,640 Speaker 1: Dominic Dimiglio, CMO of paramount streaming. 789 00:42:50,560 --> 00:42:53,600 Speaker 20: We've had the most success with our clients where there's 790 00:42:53,640 --> 00:42:55,640 Speaker 20: that trust right where they're willing to take that leap 791 00:42:55,640 --> 00:42:58,760 Speaker 20: where they can take advantage of those cultural moments and opportunities. 792 00:42:59,120 --> 00:43:02,719 Speaker 20: We've had some greats cess stories with several brands recently. 793 00:43:03,640 --> 00:43:07,120 Speaker 20: The integration that we did in the Academy Awards with Diagio, 794 00:43:07,200 --> 00:43:11,040 Speaker 20: for example, it was the first Inshow integration for. 795 00:43:11,080 --> 00:43:14,320 Speaker 9: The Spirit category. So Jimmy did a toasts. 796 00:43:15,080 --> 00:43:20,000 Speaker 20: Highlighting the nineteen forty two Don Julio tequila in the 797 00:43:20,000 --> 00:43:22,719 Speaker 20: fifty mili liter bottle. I didn't bring any for anybody today. 798 00:43:22,760 --> 00:43:26,840 Speaker 20: I apologize for that, but it was a really successful campaign. 799 00:43:27,080 --> 00:43:29,720 Speaker 20: Diagio and Jimmy have had a long standing history together, 800 00:43:29,800 --> 00:43:32,400 Speaker 20: so when you have that trust, it enables you to 801 00:43:32,480 --> 00:43:36,719 Speaker 20: then have those successful cultural moments that really matter. The 802 00:43:36,719 --> 00:43:39,680 Speaker 20: other one I would highlight is the incredible integration and 803 00:43:39,719 --> 00:43:42,880 Speaker 20: sponsorship we did with Hyundai and celebrating our one hundred 804 00:43:43,000 --> 00:43:46,960 Speaker 20: year anniversary of Disney and so that consisted of integrations 805 00:43:46,960 --> 00:43:49,759 Speaker 20: into Dance with the Stars, it consisted of spots and 806 00:43:49,800 --> 00:43:50,880 Speaker 20: the Academy Awards. 807 00:43:51,280 --> 00:43:52,920 Speaker 21: We used our. 808 00:43:52,880 --> 00:43:57,319 Speaker 20: Disney Imagineers to build a custom vehicle a limited edition 809 00:43:57,440 --> 00:44:02,200 Speaker 20: custom vehicle of the Ionics five, which was really really successful. 810 00:44:02,239 --> 00:44:09,080 Speaker 20: So the campaign delivered incredible brand metrics, brand recall, brand consideration, 811 00:44:09,600 --> 00:44:11,560 Speaker 20: all the numbers through the roof, and so again a 812 00:44:11,680 --> 00:44:14,080 Speaker 20: very successful campaign in which we were able to go 813 00:44:14,120 --> 00:44:17,840 Speaker 20: beyond the RFP and do something really customized and integrated, 814 00:44:17,840 --> 00:44:19,280 Speaker 20: which we always see the most successful. 815 00:44:19,880 --> 00:44:23,640 Speaker 22: From an original content standpoint, We've really sort of begun 816 00:44:23,680 --> 00:44:27,000 Speaker 22: to hone in on some core categories that have worked 817 00:44:27,000 --> 00:44:31,839 Speaker 22: for us, for our audiences and for our advertisers, and 818 00:44:31,880 --> 00:44:35,040 Speaker 22: again you'll see that reflected in the investments we make 819 00:44:35,080 --> 00:44:39,360 Speaker 22: around tooling as well, so lifestyle categories like food and home. 820 00:44:39,560 --> 00:44:42,399 Speaker 22: I would note Great American Baking Show as a great 821 00:44:42,440 --> 00:44:45,120 Speaker 22: franchise for us. So I'm so pleased that we have 822 00:44:45,239 --> 00:44:49,200 Speaker 22: that we are programming around sports. We have some live 823 00:44:49,200 --> 00:44:52,680 Speaker 22: sports rights of our own now, but also many tools 824 00:44:52,680 --> 00:44:55,680 Speaker 22: that help people find their sports. We have Rich Eisen 825 00:44:55,719 --> 00:44:58,800 Speaker 22: who's been a terrific partner and does a daily sports 826 00:44:58,840 --> 00:45:01,720 Speaker 22: talk show in Roku, and then a handful of docs 827 00:45:01,719 --> 00:45:05,280 Speaker 22: which we're really proud of, including one recently with the UFC, 828 00:45:05,560 --> 00:45:09,200 Speaker 22: one with the NFL, with the WWE. So those core 829 00:45:09,239 --> 00:45:12,400 Speaker 22: categories have been really good for us, and then notably 830 00:45:12,520 --> 00:45:15,080 Speaker 22: people seem to want to turn to us and maybe 831 00:45:15,120 --> 00:45:18,080 Speaker 22: all of AVOD for comedy, and that's something that we're 832 00:45:18,160 --> 00:45:20,880 Speaker 22: really sort of delving into and figuring out our place 833 00:45:20,920 --> 00:45:21,560 Speaker 22: in that world. 834 00:45:22,080 --> 00:45:24,600 Speaker 21: At a macro level, we have to keep it going. 835 00:45:24,640 --> 00:45:27,200 Speaker 21: We've been lucky enough on the paramount plus side to 836 00:45:27,239 --> 00:45:29,799 Speaker 21: be the fastest growing streaming service in the US for 837 00:45:29,840 --> 00:45:33,160 Speaker 21: the last three years running. Pluto TV remains the global 838 00:45:33,239 --> 00:45:37,480 Speaker 21: leader in fast and so you know, at the macro level, 839 00:45:37,480 --> 00:45:39,680 Speaker 21: I would say, we want to come back and strengthen 840 00:45:39,719 --> 00:45:42,719 Speaker 21: that lead for both services and really deliver on that. 841 00:45:43,120 --> 00:45:47,000 Speaker 21: And then you know, you know, thinking more, you know, broadly, 842 00:45:47,040 --> 00:45:49,560 Speaker 21: I would say, we have to keep pushing our envelope. 843 00:45:49,600 --> 00:45:51,720 Speaker 21: We have to keep challenging ourselves as a team, continue 844 00:45:51,760 --> 00:45:54,600 Speaker 21: to try to innovate, adopting new tools, and of course, 845 00:45:54,760 --> 00:45:56,719 Speaker 21: you know, we've made it this far without talking about AI, 846 00:45:56,840 --> 00:46:00,720 Speaker 21: but certainly we have lots of pilots, you know, both 847 00:46:00,840 --> 00:46:04,120 Speaker 21: you know, from all aspects of marketing, from our data team, 848 00:46:04,160 --> 00:46:07,040 Speaker 21: and in general just about pure productivity, and so we 849 00:46:07,360 --> 00:46:10,400 Speaker 21: definitely have to keep innovating and pushing at that forefront. 850 00:46:14,160 --> 00:46:17,520 Speaker 1: No matter the profession It's always fun to meet someone 851 00:46:17,600 --> 00:46:21,560 Speaker 1: with infectious enthusiasm for their work. That's how I felt 852 00:46:21,600 --> 00:46:26,840 Speaker 1: talking to Kath Swallow, deodorant category lead for Unilever. She 853 00:46:27,000 --> 00:46:30,920 Speaker 1: knows her products, she knows armpits, and she knows what 854 00:46:31,040 --> 00:46:34,560 Speaker 1: her customers need for personal hygiene. And as you'll hear 855 00:46:34,719 --> 00:46:39,360 Speaker 1: in the last snippet, this breezy convo and can yielded 856 00:46:39,400 --> 00:46:43,520 Speaker 1: one of the kookiest yet serious questions I've ever posed 857 00:46:43,520 --> 00:46:47,880 Speaker 1: in a business interview. Lucky for me, Swallow came to play. 858 00:46:48,640 --> 00:46:51,600 Speaker 23: I think for me, it really starts with what you 859 00:46:51,680 --> 00:46:55,040 Speaker 23: stand for as a brand and making a meaningful, positive 860 00:46:55,040 --> 00:46:59,160 Speaker 23: difference in people's lives. And you know, the topic of 861 00:46:59,200 --> 00:47:02,200 Speaker 23: purpose is what that's quite hot right now. And I, 862 00:47:02,280 --> 00:47:04,680 Speaker 23: for me believe that purpose has a huge role on 863 00:47:04,719 --> 00:47:07,600 Speaker 23: a brand, but a purpose that's intrinsically linked to a product. 864 00:47:08,040 --> 00:47:11,040 Speaker 23: So if I talk about Rexona, for example, it's the 865 00:47:11,080 --> 00:47:13,400 Speaker 23: world's biggest deodor and brand, the number one in the 866 00:47:13,400 --> 00:47:16,120 Speaker 23: world and the most geographically spread. So we're in over 867 00:47:16,160 --> 00:47:20,080 Speaker 23: one hundred markets and our ultimate product promise is it 868 00:47:20,160 --> 00:47:21,880 Speaker 23: won't let you down. And there isn't a product that 869 00:47:21,960 --> 00:47:25,040 Speaker 23: delivers more of a superior benefit but in terms of 870 00:47:25,080 --> 00:47:27,280 Speaker 23: what we mean in people's lives, we have a purpose, 871 00:47:27,640 --> 00:47:30,560 Speaker 23: and a purpose is to inspire the confidence in everyone 872 00:47:30,600 --> 00:47:33,920 Speaker 23: to move more, and that plays a meaningful role in 873 00:47:33,960 --> 00:47:37,400 Speaker 23: people's lives, to get this world moving, healthier, happy and 874 00:47:37,520 --> 00:47:40,520 Speaker 23: confident to move. But the product plays a role because 875 00:47:40,560 --> 00:47:44,880 Speaker 23: you move, you sweat deodorant helps you. The Rexona aunto 876 00:47:44,880 --> 00:47:47,400 Speaker 23: perseparant helps you. And we don't want anyone being held 877 00:47:47,440 --> 00:47:50,560 Speaker 23: back from movement. So there's an intrinsic link between the 878 00:47:50,600 --> 00:47:53,239 Speaker 23: purpose and the product, and I think that's how to 879 00:47:53,280 --> 00:47:56,919 Speaker 23: build a strong brand and a future fit brand. I'm 880 00:47:57,000 --> 00:47:59,560 Speaker 23: just a firm believer it's got to start from understanding. 881 00:48:00,200 --> 00:48:03,879 Speaker 23: So I'd say one of my personal priority I give 882 00:48:03,880 --> 00:48:06,719 Speaker 23: to the whole team is social listening, because if we 883 00:48:06,760 --> 00:48:10,280 Speaker 23: are really pushing on Socialist and we're understanding the conversations 884 00:48:10,280 --> 00:48:13,080 Speaker 23: that are happening not just about our brand, but about 885 00:48:13,080 --> 00:48:15,920 Speaker 23: our category, about the wider world and so on, we 886 00:48:16,000 --> 00:48:19,360 Speaker 23: can get much closer with much more engaging content. So 887 00:48:19,400 --> 00:48:22,200 Speaker 23: I'd say social listening and increasingly, you know, the likes 888 00:48:22,200 --> 00:48:25,160 Speaker 23: of Reddit for example, we can be deeply there with 889 00:48:25,280 --> 00:48:29,359 Speaker 23: consumers understanding, you know, understanding conversations every day so that's 890 00:48:29,400 --> 00:48:33,240 Speaker 23: probably i'd say the biggest unlock to help get sharper, 891 00:48:33,360 --> 00:48:35,120 Speaker 23: more engaging, more relevant content. 892 00:48:35,800 --> 00:48:39,760 Speaker 3: So Rexsona in the United States has sold as degree 893 00:48:40,160 --> 00:48:42,880 Speaker 3: are their nuances to selling the odorant to Americans? 894 00:48:44,920 --> 00:48:48,000 Speaker 23: There are a few, but I'd say actually, it's an 895 00:48:48,040 --> 00:48:52,400 Speaker 23: interesting topic the US deodorance market. I don't think ever 896 00:48:52,440 --> 00:48:55,359 Speaker 23: in my career of being at Unilever, and I've been 897 00:48:55,360 --> 00:48:57,680 Speaker 23: there over twenty years and worked in the deodrans category 898 00:48:57,719 --> 00:49:00,160 Speaker 23: a long time, have I ever seen the cat we 899 00:49:00,280 --> 00:49:04,440 Speaker 23: more consumers, more engaged in the category than in the US. 900 00:49:04,239 --> 00:49:05,480 Speaker 5: Its genuinely hort to believe. 901 00:49:05,880 --> 00:49:09,280 Speaker 23: We kind of coined this phrase the Doo's wardrobe because 902 00:49:09,320 --> 00:49:12,880 Speaker 23: what we're seeing in data, consumers are buying two to 903 00:49:13,000 --> 00:49:16,080 Speaker 23: three different products a week in the US in the category. 904 00:49:16,520 --> 00:49:19,160 Speaker 23: So it's quite interesting that all of a sudden, consumers 905 00:49:19,160 --> 00:49:22,240 Speaker 23: are building a report to our portfolio of products based 906 00:49:22,239 --> 00:49:26,200 Speaker 23: on different needs. So it's interesting. It's a huge opportunity 907 00:49:26,440 --> 00:49:29,919 Speaker 23: and amazing to see the level of engagement in underarms. 908 00:49:33,520 --> 00:49:36,480 Speaker 1: Thanks for listening. Be sure to leave us a review 909 00:49:36,520 --> 00:49:40,279 Speaker 1: at Apple Podcasts and Amazon Music. We love to hear 910 00:49:40,320 --> 00:49:43,920 Speaker 1: from listeners. Please go to Variety dot com and sign 911 00:49:44,000 --> 00:49:48,239 Speaker 1: up for the free weekly Strictly Business newsletter, and don't 912 00:49:48,280 --> 00:49:51,440 Speaker 1: forget to tune in next week for another episode of 913 00:49:51,480 --> 00:49:52,400 Speaker 1: Strictly Business. 914 00:49:58,680 --> 00:50:02,640 Speaker 2: Marketing budgets for big movies often exceed the production budgets. 915 00:50:03,000 --> 00:50:07,200 Speaker 2: That's because promotion is super important. 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