Introduction
Content acquisition is certainly one of the most important things that one should consider when starting an IPTV business. In that manner, it is also crucial for expanding business and attracting new subscribers. Therefore, we can bravely state that content acquisition is a matter of trust between the company itself and the final users.
Good content acquisition should guarantee that the company can provide reliable services and keep its subscribers satisfied. The selection of appropriate content must also take into account a number of factors, such as cost-efficiency, content availability and quality. IPTV providers must make sure that their customers are able to access the necessary content depending on their location. Additionally, an effective strategy for content acquisition must be able to manage the cost of content in order for the business to be profitable.
Furthermore, there are different types of content that can be acquired by IPTV providers. The most common type is video on demand (VOD), which allows customers to watch a variety of movies and TV shows at their own schedule. Live streaming is another popular option for IPTV providers, allowing customers to watch sports events, news and other live broadcasts.
Let us explain and dive into further analysis.
Content Acquisition – Value Addition
There are many companies worldwide that take content acquisition for granted and not considering it as something primarily needed for success. We can assure you, that is one deadly mistake. But content acquisition and strategy is often an entirely new world with different rules and requirements for most of the IPTV start-up companies. In other words, our first advice when it comes to content acquisition is to take it seriously.
Generally speaking and according to the IPTV dictionary, Content Acquisition is the gathering of content from networks, aggregators, and other sources. After content is acquired, it is ingested into the asset management system and after that it is ready for a curious audience. That’s it. Not so complicated but only when you have the right content.
It is absolutely necessary to have quality content available or else the whole thing falls apart.
Content acquisition is a crucial step in the development of an IPTV service and it’s important to ensure that you obtain high-quality, relevant material from reliable sources. It’s also essential to consider the cost of acquiring content, as well as any legal restrictions that may apply. You want to make sure that you’re not infringing on anyone’s copyright and that you are compliant with any relevant regulations. Additionally, it is important to consider the branding of your service when acquiring content – what type of material reflects your brand identity?
Once content is acquired, it needs to be ingested into an asset management system.
Choose wisely!
When making a decision on what content to choose, customers need to be the first thing to consider. To put it differently, you have to be sure that you will fulfill their entertainment needs. Approach with different bundles is always a good way to cover basics, following some general VOD content as well. Then again, if you are targeting a specific audience, make arrangements with your content provider to customize channel packages and VOD in order to satisfy a niche of users (for example, hiking content only). Consequently, the price in this case is often higher because of the mentioned customizations.
Altogether, bear in mind these few points when choosing your content:
- User preferences
- Number of channels
- Channel bundle types
- Diversification of VOD content
- Hours of VOD
- Pricining
Think Strategically
All in all, content acquisition is a long-distance race, and you have to be prepared and in good shape.
The content business is a relationship business and we have the partnerships to help you quickly acquire incredible programming and succeed long-term. Contact us today to learn more about how we can meet your IPTV programming needs as part of our complete, end-to-end solution.