From the TV's not dead files:
Buzzfeed is an outlier in the digital arena. In this clip they talk about the future with television as a hot new thing because it is "…Content people intentionally view and have some attachment to."
They make the distinction between traditional TV channels developing shows that are "High Risk but Low Iteration." and their low cost-low risk model. During the TV renaissance massively expensive shows like Game of Thrones or Mad Men cost tens of millions but might only have eight to 12 episodes in a season.
buzzfeed describe trends in video viewership as 'non-intentional' (the kind of clip you might encounter while scrolling through your Facebook or Instagram feeds) typically durations of <1 minute - and 'intentional' viewings of >8 minutes.
Buzzfeed intend to use Broadcast TV in a different way that is more iterative and less risky, 'passively testing' shows' performance. Why? 'Because TV is a conversation'.
It's a similar model to BrandWorld's new direction for our Discover® product. Show ideas like Bellissimo™ for European style food and meal ideas, Never A Dull Dinner™ for time-poor cooks and Chill Out Meals™ showcasing innovation and ideas from the freezer and chiller cabinets. Lower production costs and an 'always-on' media strategy, linked to digital feedback loops, work to help marketers discover what works and what doesn't with lower investment and lower risk.