https://www.hibernianfc.co.uk/articl...ecast-platform
HIBERNIAN FC GOES DIRECT-TO-CONSUMER ON GROUND-BREAKING SPORTS VIDEO PLATFORM RECAST
Supporters of Hibernian Football Club can now inject cash straight into the club simply by watching exclusive goal clips, highlights and interviews featuring their favourite team thanks to a pioneering partnership with ground-breaking sports video platform Recast.
The SPFL club is the first in Scotland to join Recast, a video platform which connects fans directly to content featuring their favourite sports via a subscription-free app.
Complementing Hibernian FC’s existing arrangements, Recast offers the club an additional platform for its fans to get affordable, flexible access to high-quality content directly from the club, which Recast’s unique micropayment system will turn into revenue simply through fans’ viewership.
Fans will be able to earn in-app credits by simply signing up, watching adverts, sharing content and inviting friends which will allow fans to watch their favourite content for free.
With all revenue generated being reinvested back into the club, the move is one of many ways the Easter Road Club is seeking to maximise its earning potential, without further financially impacting fans. It is set to pave the way for clubs across Scotland and beyond to follow suit and more effectively monetise their exclusive content.
Recast Founder and CEO Andy Meikle said: “We are thrilled to welcome Hibernian FC to Recast and work closely with them in this landmark partnership, which will deliver greater value to both the fans and the club.
It’s no secret that how fans watch sport is changing and a model that works for both fans and rights’ holders is needed to reflect this. Hibernian are leading the charge on addressing these changes, by going direct-to-consumer with a range of unique and exclusive content on Recast where fans get rewarded for their attention and the club can maximise revenue potential.
We are working in partnership with world-class clubs, sporting bodies and rights holders around the globe who are addressing shifting consumption and payment patterns, and with Hibernian being one of the biggest clubs in Scottish football, we are delighted to welcome them to our roster of rights’ holder partners.”
Greg McEwan, Head of Marketing & Brand Partnerships at Hibernian FC said: “We are delighted to be the first Scottish football club to partner with Recast. This will allow fans to get direct, affordable and flexible access to content like never before, which will complement existing channels, including Hibs TV.
This pioneering new concept will not only allow us to ensure we are exploring new revenue streams but as Recast is a platform that gives value back to the fans, we believe this opens the doors to a new way of thinking for sports fans and clubs alike.
We’re very much looking forward to seeing our relationship with Recast grow and evolve over the coming months and years."
Brand new and continuously refreshed content featuring Hibernian FC will be available immediately to UK users on Recast, with plans in place to eventually extend outside the UK. The Recast content will compliment Hibernian FC’s existing Over-The-Top (OTT) platform, Hibs TV, and its social channels.
Recast enters the market at a time where there is a recognised need for change to the current sports viewing model after years of fans increasingly turning to online feeds and illegal streams, or watching short clips and highlights rather than the full event, all of which has been accelerated due to Covid-19. Fans are looking for affordable access to sport and rights’ holders are looking to explore new ways to maintain a sustainable commercial ecosystem. Recast rewards fans for their engagement on the platform, which in turn generates value for the content publisher, meaning fans can now watch content knowing the value generated is going directly to the club they support.
Recast connects rights’ holders directly to fans, allowing an exchange of value through in-app credits called ‘Casts’.
The direct-to-customer platform operates as a three-sided marketplace that brings fans, advertising brands and rights’ holders together in one place. Recast’s unique proposition means the business does not purchase any sports rights, following the success of other exchange models such as Airbnb and Uber in not owning supply but generating value through connection.
Recast is already working with several high-profile rights’ holders and bodies using its ground-breaking technology to help maximise their earning potential from highlights, in-play clips and live events ahead of its full UK launch this year.
Thoughts?
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23-02-2021 10:12 AM #1
"Recast" - new Hibs media platform
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23-02-2021 10:13 AM #2This quote is hidden because you are ignoring this member. Show Quote
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23-02-2021 10:18 AM #3This quote is hidden because you are ignoring this member. Show Quote
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23-02-2021 10:27 AM #4
The only content I want is available already. Match replays/highlights and manager/player interviews. What else is there?
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23-02-2021 10:34 AM #5
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23-02-2021 10:49 AM #7This quote is hidden because you are ignoring this member. Show Quote
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23-02-2021 12:24 PM #8This quote is hidden because you are ignoring this member. Show Quote
Edit: should have refreshed the page before replying, shiny fish beat me to it.
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23-02-2021 10:18 AM #9This quote is hidden because you are ignoring this member. Show Quote
If its offering is good, I can put up with some advertising for free access. If it's not, I'll avoid it.
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23-02-2021 12:21 PM #10
If it’s going to inject cash into the club then it can only be a good thing?
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23-02-2021 12:29 PM #11This quote is hidden because you are ignoring this member. Show Quote
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23-02-2021 12:40 PM #12
Every time I look at this thread and when it was announced onTwitter I’ve wondered why we’re teaming up with an app called ‘Racist’.
I should probably start wearing my glasses more.
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23-02-2021 12:46 PM #13This quote is hidden because you are ignoring this member. Show Quote
You're not the only one.
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23-02-2021 12:57 PM #14This quote is hidden because you are ignoring this member. Show QuoteFollow the Hibs podcast, Longbangers, on Twitter (@longbangers)
https://longbangers.hubwave.net
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23-02-2021 12:44 PM #15
I’d imagine the target demographic for Recast differs from that of Hibs TV. I personally don’t know anyone under the age of 40 who subscribes to Hibs TV. Younger consumers often don’t have the disposable income to commit to expensive yearly subscriptions and they are used to models where content is delivered free to the consumer and funded via advertisers.
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23-02-2021 01:17 PM #16
Personally think its a great idea. Great idea for a company, will give not only hibs content but hopefully a lot more
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23-02-2021 05:15 PM #17
‘HIBERNIAN FC GOES DIRECT-TO-CONSUMER ON GROUND-BREAKING SPORTS VIDEO PLATFORM RECAST
Complementing Hibernian FC’s existing arrangements, Recast offers the club an additional platform for its fans to get affordable, flexible access to high-quality content directly from the club, which Recast’s unique micropayment system will turn into revenue simply through fans’ viewership.
The Recast content will compliment Hibernian FC’s existing Over-The-Top (OTT) platform, Hibs TV, and its social channels.’
The existing OTT platform has clearly gone OVER-My-Head unless it’s another name for hibs pass ??
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23-02-2021 06:04 PM #18
I signed up longbangers if anyone would be so kind to follow us - there's the ability to upload short videos so we're trying to think of ideas to give more from the podcast.
Follow the Hibs podcast, Longbangers, on Twitter (@longbangers)
https://longbangers.hubwave.net
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23-02-2021 06:06 PM #19This quote is hidden because you are ignoring this member. Show Quote
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23-02-2021 06:10 PM #20This quote is hidden because you are ignoring this member. Show QuoteFollow the Hibs podcast, Longbangers, on Twitter (@longbangers)
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26-02-2021 03:53 PM #21This quote is hidden because you are ignoring this member. Show Quote
You can sign up with this link and follow us:
https://recast.app/invited?referrer=5mW18. It’s free, and when you watch Hibs’ content you’ll be generating income for the club.
It’s a great idea, we’re really happy to be on board with them.Follow the Hibs podcast, Longbangers, on Twitter (@longbangers)
https://longbangers.hubwave.net
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27-02-2021 10:14 AM #22This quote is hidden because you are ignoring this member. Show Quote
I’ll admit to have never listened to your podcast as I have other pod’s that take all my listening time. So after that bombshell I should maybe swiftly move onto saying I’d defo be interested in short vids through the likes of recast so looking forward to seeing what you guys cook up on this for sure
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27-02-2021 11:06 AM #23This quote is hidden because you are ignoring this member. Show QuoteFollow the Hibs podcast, Longbangers, on Twitter (@longbangers)
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27-02-2021 11:13 AM #24This quote is hidden because you are ignoring this member. Show Quote
Or am i being stupid and they only get money when we watch and recast the content they put up?
Probably a stupid question and been covered somewhere
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23-02-2021 06:11 PM #25
Some Joe Newell content (you may have to sign up to view)
https://the.recast.app/video/6nDMG
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23-02-2021 06:15 PM #26This quote is hidden because you are ignoring this member. Show Quote
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23-02-2021 08:25 PM #27This quote is hidden because you are ignoring this member. Show Quote
My expectation is that as a platform for domestic fans HibsTV may disappear to be merged into the single view/sign on access. The question will be is will subscription only content be delivered such that it encourages domestic subscribers to continue to pay for that additional content. I doubt there is significant income from domestic subscribers at present.
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24-02-2021 12:49 AM #28
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A website called Dugout (https://dugout.com/) has been doing something similar for a little while.
It doesn’t compete with the club’s tv channel. All the essential match coverage, interviews, etc will still be on there.
What they do is put up bits and pieces of behind the scenes and archive content. Extras for super fans that want more than just club tv or bite size snippets that might be suited to the younger demographic.
It’s free to view but the club gets cash out of the adverts placed.
I think this sounds like pretty much the same thing.
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24-02-2021 05:24 AM #29This quote is hidden because you are ignoring this member. Show Quote
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24-02-2021 03:27 PM #30This quote is hidden because you are ignoring this member. Show QuoteFollow the Hibs podcast, Longbangers, on Twitter (@longbangers)
https://longbangers.hubwave.net
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