Say goodbye to Bud.TV.
Anheuser-Busch announced today that it would shut down its ambitious entertainment portal, which debuted to much fanfare after the Super Bowl a few years back.
The portal, which featured original content from top tier production companies like LivePlanet (run by Ben Affleck and Matt Damon), TriggerStreet.com (Kevin Spacey), and Wild West Picture Show Productions (Vince Vaughn), was designed specifically to burnish the brand's cred with 21- to 34-year-olds by embedding the brand in an online destination built around quirky, slightly edgy diversions.
As Mark Vegas, co-founder of ad agency-cum-content company Omelet recently put it to me, his firm’s work developing content for Bud.TV was strictly entertainment: “It’s not about profiling Budweiser. The reason it’s exciting to work with Anheuser-Busch, one of the most powerful marketing communications brands in the world, is that they are definitely on the bleeding edge. They get it. They’re a million years away from product placement, and two million miles from product integration.
“The philosophy they’re really keyed in on is our belief that the way entertainment will be created in the future, starting now, is that the strands of DNA of the brand itself will be matched and will be made a part of the entertainment programming. But it's at the DNA level, it’s at the molecular level. You don’t have to have product placement. You don’t have to hit people over the head with ‘Brought to you by XYZ Corporation.’ You don’t need that anymore.
“The programming you see on Bud.TV is entertaining, fun, robust entertainment and it’s all destined to be consumed by, and appreciated by, the large audience in the demographic audience that also appreciates and loves the AB family of products.”
And it was a great strategy - but as I said at the time of its launch, it was a tall order.
While Bud has made viral hits out of many of its TV spots, there's a big difference between tracking down a great 30-second commercial and spending hours on a branded entertainment network.
Ultimately, people watch shows (and commercials), not networks - they don't give a twit about Fox, they care about “24" (or insert your own show and network here) – a lesson AB found out first hand.
And let's face it, making good television is hard.
As AB VP of marketing Keith Levy tells today's Ad Age: "If the [broadcast] networks can't continuously produce that [volume of content], how can a beer company?"
Other branded entertainment portals, like Scion Broadband, have flourished, at least so far, because in Scion's case, anyway, the company doesn't really spend that much money on it. It leverages sponsorships of musicians and filmmakers it already has in place and gives them a venue to showcase their work. Listen to my recent interview with Adrian Si, head of interactive at Scion, for more.
All of this said, major props go to AB for being so bodacious in the digital space. This was a worthy effort that could have paid major dividends - and may still. The company will no doubt take what it learned here to create new branded content that is distributed through other channels, such as YouTube, Yahoo and whatnot.
The men and women behind Bud.TV are to be commended for their pioneering spirit and innovation.
AB, this Bud's for you.
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