The entertainment value curve: Why TikTok is on fire and Quibi isn’t (2020)
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but Twitter bought it and then shut it down because they couldn’t make any money from it
I watched some quibi shows. Quality was poor. It didn't know what it wanted to be and it showed. The medium was utilized poorly and just felt annoying.
I dont think the problem was just poor social value. Quibi was shit all around.
The more interesting question, to me, is why TikTok and not Vine? Was it just timing? I suspect it was the recommendation engine.
Also, from the outside at least, it felt like twitter just gave up with Vine (and periscope) after a single attempt at monetization. I suspect some of the other difference was the huge bankroll for user acquisition that TikTok had and the resulting patience around monetization? But I don’t know if that is true.
In any case, it seems weird that they completely gave up, and even weirder that they Twitter didn't start chasing once TikTok figured out the formula in this space. Network effects are a thing, but with the prospect of a TikTok ban flying around and general unhappiness around aspects of its algorithm, it feels like there is room for a challenger with the strategy of "wait for TikTok to stumble."
It's generated iconic memes, and introduced me to some great artists who would only continue to grow
I’m not gonna though!
Holy shit, within about 5 mins the algorithm had me laughing like a baboon and swiping away.
Scarily effective.
All your life is in a shadow profile which TikTok has access to.
Who could have thought a strong focus on entertaining would drive so much engagement?
I'm sure it would have evolved to have a little bit longer content eventually. The reason it was killed was entirely unrelated to the quality and vitality of the product and the community around it. Businesses fumble.
Stage and cinema were social events. You could go alone but usually you would not. The amount of inventory was small so everybody ended up talking about it; word of mouth could make or break a show.
When TV was introduced critics mourned this. There was so much more content that it couldn't build community. And the stupid kids just watched TV...with their friends. Even if their friends weren't with them they talked on the phone and of course saw each other at school.
Eventually the number of channels exploded, and people started watching online. And now the media pundits mourned the "water cooler conversation" that would no longer happen because people were no longer watching from the small set of shows (which had previously been considered too big).
Both these critics and the essay author understand that social interactions are what people want, but the critics have always been stuck in the past.
So it has none of the benefits of TikTok, but is artificially constrained to only ten minute episodes, hampering what story can be told in a single episode. It also means you can't license TV shows or movies to bolster the library. Even with a billion dollars, competing with the original content of streaming services like Netflix that have existed for a decade is a tall order.
There's a valid argument for "conventional media is not ideal for consumption on your phone." The content isn't really mixed or targeted for the device. You can make a strong case for developing media specifically for the format-- like how TV eventually begat the sitcom and 60-minute cop drama.
This, however, has to be an iterative process. They blew straight past MVP and went full "here's a finished complete product that we just know people will pay $10 per month for without adequately explaining it to them."
They could probably have survived if they had started a lot smaller, and probably went to a different monetization model. For something like this, you almost have to give the store away for a year or two, just to get real user feedback and develop buzz. Maybe when you instrument up users, you find out that 10 minutes is the wrong timeslice, and 6 or 16 flies better. Maybe some content proves to be more suited to the form. Once you have a base of people actually discussing your content, maybe a price plan akin to old Crunchyroll, where the back catalog was ad-supported, and you had to pay to see new content in a timely fashion. You can't expect to sell people on 10 bucks a month when you haven't established your content credentials.
I also suspect Covid did a number on some of their key target markets; the idea of "I have 10 minutes to kill and my phone is the only screen choice" dovetails very well with public transport and office lunch breaks, both of which were mysteriously flattened in the spring of 2020. If you're going to be locked down, you may as well be locked down around the 40-inch TV and watch full movies.
I’m sure their strategy could have been better and Covid certainly hurt them quite a bit. But in my view none of that matters because the concept was DOA.
Ironically it was backed by Jeff Katzenburg while TikTok, the actual Chinese platform became successful.
Branding is important
Not even a little bit. The legal syllables in which a Q is followed by a U are qu and que. If you asked me "which language was the name 'Quibi' made up in?"[1], my first guess would be English, followed by maybe French or Spanish.
[1] Actually, this sounds like a fun game.
If you want to succeed socially, you have to allow the masses to be generators of content. YouTube and Twitch were grown along these principles. Now they're more on the produced side of things, but in the early days, it was grab a camera and go.
And you can still get a lot of mileage out of that setup on those platforms.
10 minute Quibi episodes felt groundbreaking to the old hollywood guard that thought they were being innovative against 2 hour movies, but it was hopelessly conservative against the actual competition from TikTok and Instagram Reels.
This is not the indictment of our attention-deficit culture that many would claim that it is. Films continue to be popular - in theaters and at home. People continue to binge watch dozens of hours of Television. Books are as popular as ever - even in their legacy dead tree format.
But the "short video" genre is a completely different concept, and the old guard missed it. (Just as Ballmer & co missed what was special about iPhone and iPad)
https://open.spotify.com/show/6hETi9oBd26vc0bRgXYN5W?si=d87d...
See season 2.
Maybe you do not see us because we work smarter, not harder. Maybe, we no longer need to be in the limelight like a "young brain". We can just sit back, hire "young people" to be gung-ho, and enjoy providing guidance, and the fruits of our labour.
(edit: love to hear the elucidation why the down-vote.)
I’ve seen TikTok content I am interested in show up recycled as YouTube shorts so I know it exists, but I was never able to find it on the platform. Universally I hear this recommendation engine is the best in the business. Is there some social signal they aren’t getting from my setup, is a few weeks just too short of a time to build up what they need, or am I just a weirdo?
Or, maybe i just got bored watching pretty women dance after a while, and the algorithm detected it and adjusted.
Honestly from the description you wrote it just does not seem like TikTok is the right platform for you.
What I like about it is the light-heartedness of it, I don't see political content at all and I wouldn't really be interested if I got any as it's a pretty terrible platform for news and hot takes. Instead, I get cooking/funny/cute/surreal meme videos that match the Gen Z humor. It distracts me from gloomy Twitter/Facebook feeds.
It's not an app for serious content, it's a dopamine treadmill.
TikTok also seems to do on-the-fly recommendation to match your mood, so for example if I take my girlfriend's account to browse it, I will usually have to spend 5 minutes skipping dance/hair tutorials before getting to the content I like. It seems similar to Spotify's random mode, where it is random but only to some extent within a genre and will "find" the genre that matches your current mood.
Also, unlike YouTube where once it decides it learns what you like, it will recommend ONLY content it thinks you will like, the TikTok Recommendation engine tries to be more egalitarian:
* It will highlight random new creators with very few likes or comments or engagement - arbitrarily. A lot of these will be misses, but you're helping train it and get in on the virality early on. The key with those is either to have an open mind and try them or a closed mind and scroll away immediately from anything that has a single digit like/comment count, but not be surprised or disappointed by it.
* It will highlight random viral content even ones that you expressly do not have signals for liking just so you can stay on top of trends and popular memes. In that sense, TikTOk is the absolute best way to stay connected to latest musical and internet trends of the youths, because it's not hidden to their circles but exposed to everyone.
To me, these are both features. Even though I am an aging techie, who primarily likes more engaging content (politics, philosophy, film analysis). I get those TOO and when I want ONLY that content, I switch to my "Following" page to see only the stuff I explicitly signed up for. But I toggle back and forth because I like seeing what "the kids" are into. It doesn't matter if I agree. I think it's helpful to be aware of generational trends. The kids will grow up and will shape the culture. Since I exist in society, I want to know what that's going to look like, even if I plan to stick to my 90's rock musical taste into my own 90's.
(Plus you get to discover that The Kids Are Alright, and are themselves influenced by my own musical genre preferences even today: https://www.youtube.com/watch?v=OGUy2UmRxJ0)
I am not so sure it really accomplishes this. There are trend bubbles that I’ve never seen organically via the app, but have seen via friends or link aggregators.
> The gap was wide open for someone to actually create a recommendation engine that rewards real grass roots content creators and gives users the content they want to see.
The algorithm has already been gamed by large creators and corporations to make other creators lose out and to let the corporations and marketers ruin the platform.
Every single platform that does this and allows ads, marketers and large companies will always negotiate via backroom deals for a spot on the platform to ruin it afterwards. The result is the same and the small grass roots creators lose all the time and get screwed first by the existing larger and early creators, even from other platforms.
It is the same old power law being applied. Rinse and repeat.
[0] https://www.nrk.no/osloogviken/xl/tiktok-doesn_t-show-the-wa...
quibi was marketed as short adult programming. They had Bill Burr.
Bill Burr can't compete with dancing teenagers and I think he'd admit that.