Posted by: David Kiley on June 3, 2009
Ad agency creatives better look out, according to former vice president Al Gore.
Gore, who is co-founder of the cable network Current TV, delivered the keynote address at Digitas’ Digital Content NewFront event in New York City. He spoke about what he sees as a rapidly changing advertising and media landscape. Gore predicts that traditional ad models are set to change in a big way. Gore offered several VCAM (Viewer Created Ad Messages) ads. These are 30-second ads created by Current TV viewers.
Current provides viewers with creative “briefs” and certain tools and assets such as logos, taglines and product images from advertisers like HP and T-Mobile. Viewers have produced more than half of Current’s ads. And according to the former Tennessee Senator and Nobel winner, those ads are are preferred by the network’s audience by a ratio of 9-to-1, over agency produced ads.
Gore said the VCAM ads could come to displace “the industrial-revolution-like era of advertising, which produced ads that are big, blunt expensive and very intrusive”
Now, if only Gore could develop a business model for his own cable network that actually is viable then agency execs might listen more closely.