Owning iconic media brands such as MTV,
DreamWorks, Paramount and Nickelodeon,
Viacom is among the world’s leading players
in the broadcast industry. And, as such, like
other global media players, the company has a huge
and ever-growing library of content items–shows,
movies, audio and the like. Managing this library,
given its size and the complexity of Viacom’s many
routes to market, is a major challenge.
For media companies, program assets are sources of both
opportunities and potential problems. Opportunities,
because the modern converged world provides almost
unlimited openings to reuse content across multiple
platforms, meaning that the heavy investment needed to
produce exciting content can be recouped more quickly, and
the potentials for ongoing revenue are enhanced; but
problems because the sheer scale of a media giant’s
production and content management operation makes for a
logistical challenge more akin to a distribution or
manufacturing supply chain environment.
This is why media companies have sought for some time
to digitize their content. The storage and movement of
huge numbers of video or audio tapes is an expensive
business, with many potential disconnects.
As with previous Connections featured company Ascent
Media, Viacom’s solution is to digitize content, and to invest
in the development of a digital asset management (DAM)
system to keep track of, and better utilize, that content. CIO
Joe Simon says that, although a relatively recent convert to
the DAM mantra, he sees clearly the benefits the system
could produce. “We have been looking at DAM since 1998,”
he explains. “But for much of that time, it always seemed
like a solution looking for a problem. DAM is like a big
database, it’s an enabling technology that allows you to do
other things with your data. You don’t implement the
database for its own sake: what you are really implementing
is a system that uses that database. DAM is a tool that allows
us to find new solutions to some of our business problems.”