Latest / Kids Media Club Podcast / From YouTube to Cinemas: The Moonbug Playbook
Transcript
- 0:00This episode of the Kids Media Club podcast is sponsored by Moonbug.
- 0:03We're grateful to have them chatting to us to keep conversations moving productively forward in the kids media industry.
- 0:14Well, hello and welcome to another episode of the Kids Media Club podcast.
- 0:19I'm Andy Williams.
- 0:20Welcome along.
- 0:21I'm Jo Redfern and we have got a very special episode today.
- 0:25Emily, tell us.
- 0:26Yes, this is a special pre mipcon pre MIP Junior episode with Moonbook Entertainment.
- 0:31So we are really happy to have Nicholas Ziegle with us, Managing director of EMEA APAC and global distribution for Moonbug.
- 0:37Nice to have you Nicholas.
- 0:38Thanks for joining us.
- 0:40Hi, thanks for having me.
- 0:42We are really happy to be chatting to you.
- 0:45One of the things when we were prepping this I found really interesting is that you come from the grown up world of television and now you are in the kids world very much so for the past number of
- 0:56years.
- 0:57What brought you to Moonbug and how does selling Digital first differ from selling traditional tv?
- 1:03I'd love to hear how this journey has been for you.
- 1:06Yes, I came from the linear world as you said.
- 1:08So I worked at RTL A&E Networks Prozeben in Germany.
- 1:12But obviously the last few years of that kind of area was kind of managing decline and not seeing growth.
- 1:19And when I met Rene Reckman, our CEO and founder, he told me about his vision about Kids content being super important for streamers.
- 1:29And so I really felt intrigued.
- 1:31I saw the opportunity and that's what we made.
- 1:33Move to Mumbai.
- 1:36Great.
- 1:36And do you find a difference selling Digital First Kids?
- 1:40Obviously there's got to be some.
- 1:41What are the key differences for Digital First Kids content versus you know, this more traditional content from your past?
- 1:49I think everybody has accepted the fact that we are distributing YouTube content.
- 1:54And the good thing about YouTube content is we have, we can prove that the audience is there and you know, a lot.
- 2:01Most brands we have acquired have had a huge audience around the world and when we go to our partners, we can tell them exactly in their markets how much the audience is.
- 2:11So I think it's a real privilege to have this data and to have this about how many people are actually watching our content.
- 2:18And this has been a great help for us and a really important part of the growth of Moonbark.
- 2:24Brilliant.
- 2:25And can you set up Moonbug a little bit for us?
- 2:27Obviously people are.
- 2:28It's one of those companies that I think everyone thinks they know, but when you hear it from the horse's mouth, I think it's Helpful to hear exactly how you guys see it.
- 2:36I think one of the key things of Moonbug always has been that we own our iPad.
- 2:41That means we have acquired those brands.
- 2:44They already had massive audiences on YouTube and owning the IP, which means you own all the rights.
- 2:51You don't have to go back to anyone else to ask, can I do this deal?
- 2:54Can I do this?
- 2:55And that means we had complete freedom to do what we want.
- 3:00And we have basically brought all these brands to more than 150 partners around the world for from China to Brazil to Australia to everywhere in Europe.
- 3:10And this has been a great privilege.
- 3:13And I thought that owning the IP is a really key factor, especially in a world which is moving so much different business model.
- 3:21Being completely agnostic is a real privilege and it helps us a lot to grow.
- 3:26It feels like you were doing that when people were really.
- 3:29They'd settle on this kind of.
- 3:32This model where they sold all the rights to a streamer and they just kind of reconciled themselves to that as a reality.
- 3:39And now I think people are really feeling the kind of the challenge of that environment and moving much closer to kind of to the model that you've been doing for years.
- 3:49Yes.
- 3:51We have never really worked exclusive with a platform.
- 3:55So our approach has always been we want to be where our viewers, the kids and families, like to watch content, whether it's on YouTube, whether it's on premium streamers, whether it's on linear channels, whether it's on airplanes, in
- 4:10trains.
- 4:12So I believe that it's not on us to decide how people should watch our content.
- 4:17It's, I think, on them to find us.
- 4:19And that has really been always the kind of big factor for us.
- 4:25So currently we don't really work with exclusive models.
- 4:29We believe that everybody should have access to Mumbai content.
- 4:33Did you find that a bit of a change from your previous life in a more traditional distribution role?
- 4:39Because it used to be that exclusivity was where the value lie.
- 4:44And then obviously, you've moved into a business like Moonbug that basically flipped how everything was done.
- 4:52Not exclusive.
- 4:54Let data inform how things are made and evolved and iterated.
- 4:58And because you owned all of your ip, you could do it at the pace that you dictated.
- 5:03Was that a bit of a mind shift?
- 5:06Yes, totally.
- 5:07I'll just give you one example.
- 5:09When I worked in AE Networks, we were distributing History Channel, and in every contract we had with a platform, there was a certain number of first run on History Channel before it would go to ITV or another channel.
- 5:23The first run Percentage of Mumbai channel is zero.
- 5:27Every piece of content has been aired before on YouTube and other streamers and obviously it has taken a little bit of convincing those partners around the world.
- 5:35And by the way, the Mumbai channel we created four years ago is now more than 100 markets.
- 5:40But I think everybody has accepted this now because I think our brands are part of every family's life and if they want to watch us, you know, they actually don't mind whether it's the first run or the second
- 5:53run.
- 5:53I think this is something between like platforms and producers.
- 5:58But the audience doesn't really care.
- 6:00They want to watch what they like to watch.
- 6:02And a lot of the moonbag shows are a part of these shows.
- 6:05I love.
- 6:07That's great because I would say a lot and it is my observation from my time at Disney, my time with other clients is that all boats rise with the distribution tides.
- 6:15But you guys can see it in the data, right?
- 6:17Like that new platforms, additional distribution in market is all adding up to strength for the franchise, strength for the revenue, et cetera.
- 6:27Yes, I would say that in most cases it's not either or.
- 6:31I mean when you add a platform, you always add more viewers because there are people who just watch on one platform.
- 6:37I mean it just takes some of, I don't know, an Indonesian player partner of ours, video, part of amtech Group.
- 6:43There are people there only watch video.
- 6:46They're not watching Netflix, they're not watching YouTube for whatever reasons.
- 6:50But we brought those brands on video in Indonesia and now they can watch us in Indonesia.
- 6:56And the same applies for every bit streamer.
- 6:59Take sky.
- 7:00They are one of our closest partners since 2020 when we started Mumbai, we have started with a couple of brands.
- 7:07We have more than 10 brands now on sky and I think there are people who really love to watch Sky Kids because they trust the brand.
- 7:15So it's important for us to be part of that or part of that portfolio of brands that they have and not just rely, oh, sooner or later watch on YouTube or they're going to watch on Netflix.
- 7:26I think there are die hard sky viewers and they can watch more content.
- 7:30That's interesting.
- 7:31Do you think that those more traditional studios and channels, do you think there's less resistance to that model than there was a couple of years ago?
- 7:40Have they kind of come round to your way of thinking?
- 7:44Obviously I can't speak too much about our, let's say competitors or partly partners.
- 7:49I do see that some of the studios are, even though they have their own apps, are giving their content to other competitive apps, because I think that meant that kind of mantra of exclusivity probably has disappeared a little
- 8:04bit.
- 8:04Maybe Mumbach has contributed a little bit to this because we've never had this concept and people might have seen that this works.
- 8:12And again, for the same reason I mentioned before, if you want that people watch your shows and franchises, don't try to limit yourself.
- 8:20And we always, you know, people have come to us and asked for exclusivity, but we've always been very strict and saying, no, no, we don't want this.
- 8:27We want everyone to have a chance to watch Crockerman and M.
- 8:30Blippi and the Little angel and you name it.
- 8:33It's kind of like the reverse model, right?
- 8:35Because back in the day it would be create a show, put it in premium pay tv, then you might go to basic pay, then free tv.
- 8:44And free TV is where the franchise opportunity would kick in.
- 8:48Whereas you guys are kind of the reverse.
- 8:49If we think of YouTube as the free TV of today, which I think is fair comparison, you know, you guys are pushing these shows on YouTube first and then taking bites of more exclusive platforms afterwards, but it still
- 9:03pays off.
- 9:04Yes, the traditional model is you start with, let's say, free to ear or a movie, and then you extend it to pay, and then you go to streaming and at the end maybe YouTube.
- 9:16A lot of studios are trying YouTube.
- 9:18We started obviously on YouTube.
- 9:20We brought these brands through streamers.
- 9:23We launched our own free to air channel, pay TV channels.
- 9:27And then eventually, now we're going to launch a movie next year, the Cocomelon movie.
- 9:32So I think we reversed the model.
- 9:34I think coming back to my previous point about IP ownership, the fact we owned all the IPs really helped us in this because normally, if you don't own the ip, but you want to grow these steps, you have
- 9:45to go to someone who owns the rights and ask for permission.
- 9:48In this case, we created our own universe and kind of model and that worked.
- 9:54And we didn't have to go to anyone to ask for this and speak.
- 9:59A little bit as well.
- 10:00While we're talking about this region, about the linear channel, because you mentioned that earlier and you're seeing like, people might say that, you know, Zinnia is dead, but, you know, I definitely think for preschool, it has a place
- 10:11in terms of everyday viewing and habit.
- 10:14Is that like, you guys are seeing good success with that, right?
- 10:18Yeah, I agree that I think for certain age groups, linear channels might not be anymore, let's say the main destination.
- 10:25I think for young Families with kids, especially in the preschool age.
- 10:30Our channel tries to reflect the routine of a family.
- 10:33So I think there is this kind of help we can give them in their routine.
- 10:37You know, they get some certain shows when people, kids wake up and they'll come back to school there with more activity.
- 10:45And then in the evening they obviously have mealtime and lullabies for sleep.
- 10:50So what we're trying to do is reflecting a typical day of a family and we know that this really helps.
- 10:58And you know, we launched this four years ago when a lot of the studios have left the space.
- 11:04We took that place because there's still a lot of platforms out there who are selling a bundle with a mix of channels, sports, news, entertainment, but also kids.
- 11:14And those kids slots have to be filled and we have enough hours to fill.
- 11:19And we have now 10 different feeds across the world.
- 11:23We have more than 100 markets and it works extremely well and we get a lot of positive feedback.
- 11:32What's interesting is that you don't have those constraints.
- 11:36You don't have to wait for permission or seek someone's nod to go ahead and do something new.
- 11:42What that means is, as you said, you've been able to distribute on 150 plus different platforms.
- 11:49But what that does, and you hinted at it there is in certain of your channels, you try and reflect what a preschooler's day is.
- 11:55That means that it almost puts pressure on you to then keep creating content.
- 12:00And as you've said, you own your ip, which means that you've had to keep evolving content, create spin offs.
- 12:08You don't go back to the drawing board and create a new IP every time you've got a new partner.
- 12:12So tell us a little bit about how you shaped the business around keeping that pipeline going.
- 12:18It's a hungry beast.
- 12:20I imagine.
- 12:21It's a really important point that when we acquired those brands, these were successful shows, but they were not necessarily franchises.
- 12:28And what we're trying to do, we want to extend the experience and different touch points with the brands that could be spinoffs, that can be experiences, that can be consumer products, that can be music.
- 12:41And obviously the moonbag experience is that we have acquired all these brands.
- 12:46We work very closely with the creatives who have built those brands and then developed it further to make them like 360 degrees franchises.
- 12:54So for us it's a great responsibility to, to, you know, to integrate a brand that has been built by someone else into our, under our Mumbach umbrella.
- 13:05But we take it serious and we want to continue that.
- 13:07What has been built because don't forget, those brands had really built amazing audiences before.
- 13:13And our role was just to help continue that path and create even more experiences around the brand, more touch points and that, yeah, that's been what we've been doing over the past.
- 13:25In my case, seven years and Moonbug eight years.
- 13:28Amazing.
- 13:29And do you think is YouTube still as effective, a kind of discovery and a proving ground for that IP that Moonbug is looking to acquire as it was five years ago?
- 13:40Yes, I still believe YouTube is the ultimate destination to test and grow audiences for certain brands.
- 13:48All the brands we, we acquired have been born on YouTube and it's a free platform around the world.
- 13:56That's why we have also, you know, the success of Moonbag audience is not just limited to one region.
- 14:02It's.
- 14:02It's a global thing.
- 14:04And I think YouTube as a global player and platform has been, let's say, the foundation of, of all the audiences we created and fan base.
- 14:13So I think it hasn't lost anything of the importance for building audiences and affinity.
- 14:19Yeah, it's definitely, I mean, I kind of call it the front page of the kids Internet.
- 14:23Like it's.
- 14:25You have to be on YouTube today as a kids brand.
- 14:28It's where awareness is there in spades.
- 14:31Obviously it's a lot.
- 14:31It's a bit more challenging in terms of revenue, but I guess you guys are monetizing in other ways.
- 14:36And it's about feeding a franchise machine.
- 14:38It's not just about one platform.
- 14:40Yeah, I mean, within the distribution area, we have more than 150 platforms.
- 14:44So we are not, you know, our success is not based on one platform.
- 14:49And apart from that, obviously distribution is only one part of our value chain.
- 14:53You know, we have music, we have live events, consumer products, gaming.
- 14:57So in the meantime, Moonbach has built like a full portfolio of activities, touch points with the brand and also revenue sources.
- 15:06So our dependency on one platform is very limited.
- 15:11And you guys, because your demo, like the target is preschool for, for your brands.
- 15:17Right.
- 15:17How much are you trying to.
- 15:22Feed,.
- 15:22How much focus you have to give to feeding the audience?
- 15:24Conveyor belt.
- 15:25Because right.
- 15:25There's a natural, obviously with preschool there's a natural aging in and aging out.
- 15:30Or are you seeing that kind of families pick up your brands and keep them for longer?
- 15:35Yeah, that's obviously we love the preschool group because it's a very loyal, loyal audience, but obviously they are.
- 15:42There are different chords every two years.
- 15:44So I would say like the viewers in three years, have they not been born yet?
- 15:51But it also means that parents are very important in this.
- 15:55So when parents feel comfortable for their children to watch our show and they see their kids loving our shows, they will obviously also then let the siblings watch it.
- 16:03They will recommend to other parents.
- 16:05So I think these are very.
- 16:06Parents are very important and caregivers are very important people in this whole kind of, you know, spreading the word, feeling comfortable with the show and like being happy about their kids being happy watching our shows in the platforms,
- 16:19obviously, who offer our shows in a very dominant and very prominent, I would say, spaces.
- 16:25You know, they also have the experience, they get good feedback.
- 16:28Wherever Moonberg shows are launching, we create a lot of engagement and positive feedback.
- 16:33So they, they obviously also have played a role in making sure that across generations Mumbard shows are watched.
- 16:43So it's a very interesting group.
- 16:45It's a lot of loyalty there and we've been doing, I think a great job in gaining those new cohorts of toddlers every two years.
- 16:57And you can't really sit back and rest on your laurels even though Moonbug owns a lot of IP and a lot of content because as you've said, the platforms and so does the audience and their tastes change.
- 17:11I mean, Moonbug's only a few years away from having a cohort of parents of kids that they also grew up watching Cocomelon, which changes dynamics.
- 17:20But tell us about the portfolio now within the Moonbug stable because I would imagine it's a lot broader than people recall.
- 17:29Yeah, we have around 30 brands nowadays.
- 17:33Obviously we have the ones that everybody knows like Cocomelon, Blippi, Little Angel, Baby Bum Morphle, Oddbots.
- 17:43So we think we have a good mix of music based shows, but we also have live action shows like Blippi and Mika, which are very important for us as they also address a slightly older and different audience group.
- 17:59All of these brands work together well.
- 18:02So you can see this on our linear channels how, you know, where we basically use all our brands to create this experience, curator experience for children.
- 18:13But we obviously focusing a lot on our key brands because we feel that also a lot of our partners really want to expect us to further develop and that's what we do every day.
- 18:22So we're trading spin offs for Cocomelon, for Little angel, for Blippi to extend the franchises to extend also the lifespan within the pre stroll age.
- 18:33And we can talk about some examples like Melon Patch or, or Emmy's Magic wardrobe.
- 18:38Yeah, Emmy's Wonder wardrobe is.
- 18:40It's super cute.
- 18:42We were looking at that yesterday, Joe.
- 18:44It's like it's Little Angel's older sister and she, she's going glam.
- 18:49It's fabulous.
- 18:50What made you decide to go that direction with that ip?
- 18:54Little angel is a super popular brand around the world and it's, it's, it's one of our strongest brands now.
- 19:01Also Netflix, but also a lot of other platforms is also on Disney.
- 19:07And we know that a lot of the viewers love the bitch sister Emmy.
- 19:13And we know there's also an under representation of Girls Jude kids shows.
- 19:21And so we decided to spin a new character, a new show around her Emmy's wonder wardrobe, which is amazing because we launched it this year.
- 19:33And it's really based on the insight we have that how much kids love her in the show.
- 19:40And that's why we kind of extended the franchise by building a new show around that character.
- 19:45And how rapidly can you activate on that?
- 19:48Sorry, Andy.
- 19:49The two creatives are like, tell us more.
- 19:51I know.
- 19:52I'm intrigued because it occurs to me that those things could happen quite quickly in Moonbog given the access that you have to data and how.
- 20:02I mean literally finger on the pulse of what works.
- 20:05So how quickly when you start seeing that, that there's a demand for a character like Emmy, the older sister, do you say, okay, we're going for it again?
- 20:15I come back to our the beauty of owning IP that we can be super quick again.
- 20:19We don't have to go back to anyone.
- 20:22When we see and we get feedback, whether it's data or people come to us on social media and how much they like one character and we see the gap in the market, then we also very quickly executing and
- 20:35creating a new show.
- 20:36That's always been, I think Mumbad's strength, which also made me always very excited the moment I joined the company, how quickly we were in executing.
- 20:45And I dreamt the example of launching a linear channel.
- 20:49I think from the idea of launching a linear channel to launch of the channel itself, it took us five months back then.
- 20:54And I think the first March was the Philippines.
- 20:57So we still have that kind of mindset of acting quickly once we have taken a decision.
- 21:05And obviously we are in a position to act quickly because, you know, we have the rights, we have the experience of doing this.
- 21:11It's not the first time we have created a spin off.
- 21:14And for us it's something which is in our DNA and to further develop franchises and create more touch points with our brands.
- 21:23Interesting.
- 21:25And my question was going to be, how does the data give you Any sense of how much a new spin off show inherits the audience from the other show, or it potentially extends or expands that audience.
- 21:39We can definitely see when people crosswatch, let's put it this way, when they, you know, they love one show and then they watch the other show, we obviously using this as well.
- 21:51We're using our existing viewership and want to recommend something new.
- 21:55And they love this in the same way our partners do this.
- 21:59You know, when they have Little angel, it's very likely they will also take Amy because for them, it's also important they know how big engagement is for Little Angel.
- 22:08And given the gap that Emmy is filling, there's also very easy to kind of anticipate that this will be the same.
- 22:16So it's not just us, but also our partners who basically will help to kind of stimulate that cross viewership.
- 22:23Interesting.
- 22:24And you guys extended for the Melon Patch as well.
- 22:26So that's Coco Melon going live action, right?
- 22:34Yes, it's a spin off we launched end of last year.
- 22:39There's Ms.
- 22:40Appleberry, which is a very, very popular character in the Coco Meloncourt show.
- 22:44And we also saw the trend obviously of live action on YouTube.
- 22:48And basically putting those trends together, we created a live action show around her called the Melon Patch.
- 22:55And it's been very successful on YouTube.
- 22:59It's also already launched on Disney and Netflix, which I think is a great recognition of the creative work we've done.
- 23:06And it's based on the insight we had, what our viewers love, what the Trend is on YouTube currently.
- 23:12You know, you see a lot of creator work, live action.
- 23:16So creating that show around her was for us a logical step.
- 23:20And having it already on Disney and Netflix is a great, great recognition of the work that we've done.
- 23:26It all happened in a very short time, which is, I think, another great example how Mumbai works.
- 23:32Interesting.
- 23:32And there wasn't, was there any, there was no trepidation about moving into live action for the first time?
- 23:41No.
- 23:41I think people recognize that this is a nice way to also extend the life that spam of kids watching our show.
- 23:50I think the kids are slightly older than the core nursery rhymes.
- 23:54So for us, we want to give kids more time and longer time to enjoy our, our show.
- 24:03It's still a lot about the values of the show, songs and learning the values we want to stimulate and promote.
- 24:12There's a lot of these kind of core things.
- 24:14So it's very important when we create spinoffs, we have to stay very loyal to the brand values that we have defined.
- 24:22Otherwise it would feel a little bit odd and very distant.
- 24:26I think this case, even though it's live action, even though the episodes are longer and slightly older, it's still very much close to the core brand and values of Coco Mann.
- 24:40And tell us about Big Feelings music, because that was a recent announcement and I mean is that really the culmination of all that experience that you've had over the years in music?
- 24:51Like you've said, everything from nursery rhymes to now more sophisticated songs and melon patch.
- 24:57Tell us a little bit about that.
- 24:59We announced Big Feelings last week and it's basically a music company we created which includes activities of a label but also has much more.
- 25:10So there are obviously lots of creators and artists who create amazing music, but they maybe don't have the infrastructure and the experience and the network to monetize their words.
- 25:23And I think that they should deserve this.
- 25:25So we have obviously as mumbard, lots of shows who are based music based over the past few years and we have built this infrastructure, network, relationships, distribution, to monetize our music shows by tracking the titles, by making sure
- 25:43they're on every important streamer, especially on YouTube but also off YouTube.
- 25:49We also have the distribution, whether it's audio or video capabilities and network.
- 25:55So basically we have all the flywheel we can basically offer not just to our own shows, but also to third parties.
- 26:02And there are so many great artists and singers and talent out there who might not have that kind of infrastructure and network.
- 26:10So we have launched a company called Big Feelings that is basically offering this and we have partnered with big names already like Snoop Dogg, Dordiland, for which we basically generate these services.
- 26:25We managed YouTube, we also offer distribution services.
- 26:29So we just launched last week on Sky.
- 26:32Another example how quickly we are, I think we started distributing the show, I think six, six, eight weeks ago and it already launched on sky last week in the UK and they had a massive social campaign and Snoop
- 26:43Dogg was involved.
- 26:45So I think it's a good example how we actually use and leverage our existing music know how expertise and network for third parties.
- 26:54And we will definitely partner with more music based shows and artists and we also want to help them to increase the audience.
- 27:03It's not just about, you know, managing the audience they already have.
- 27:07This would be like just the word of a music label is much more than this.
- 27:10We can, because we know how YouTube works, we know what our partners want.
- 27:14We can also help them creatively how they can create more content, whether music, audio or video and then together basically go the Next step.
- 27:25So that is something which is we called Big Feeling.
- 27:28And I have a very good feeling about Big Feeling.
- 27:31I love the way you call him Snoop Dogg.
- 27:34So you're not on first name terms with him yet.
- 27:35You have to use his full name.
- 27:36When you're speaking about him.
- 27:37You ask me, you'll get there.
- 27:39But I think, you know, that was something from my trip down to Australia, that was something that struck me, speaking with a lot of the YouTube talent down there, that music is a real revenue opportunity and kind of
- 27:50a maybe a revenue bright spot in kids media right now.
- 27:52Right.
- 27:53Like with some.
- 27:54With the challenges of monetization on YouTube, the challenge and the challenge of monetization with ad revenue anywhere in the kids media environment, music is something that has some opportunity and that's one of the, like, you guys have seen
- 28:05that for yourselves and it's one of the reasons why you want to open up your systems to other folks to help open up revenue and opportunities and reinvest.
- 28:13Like you said, right.
- 28:15Music has always been a key part of Mumbach.
- 28:18Every key show we have is based on music.
- 28:21So for us, it's never been an afterthought.
- 28:25But I think we definitely have seen the opportunity to open up for this.
- 28:30And by the way, it's obviously nice also for our distribution folks to go to sky and say, you know, we not only have Cocomelon and Blippi, we also have Doggyland now.
- 28:39So it's also great for us.
- 28:41We have more brands we can distribute and those brands feel very comfortable with us.
- 28:48And obviously it helps if you're able to close a deal within four weeks and they already see the benefit.
- 28:53So music is a very important part of our Mumbai portfolio, similar to distribution, similar to gaming, similar to experiences, consumer products.
- 29:05So in this case, we simply do it for other people too.
- 29:09Yeah, that makes sense.
- 29:10And presumably, I mean, aside from your experience in that music field, I mean, music on YouTube, it's.
- 29:21It's one of the first places that parents and kids go to find their music.
- 29:25Even audio, as you've said, not just video, it's audio and video.
- 29:30Do you see this as a real sea change now going forward?
- 29:34Do you think music discovery for kids and families is actually going YouTube first?
- 29:39Totally.
- 29:40I think, especially for kids, I think a lot of parents using YouTube to discover music, in a way it competes with Spotify in the same way.
- 29:50But then it's up to the parents what they prefer.
- 29:53It's obviously also free, so it has the same benefit than video.
- 29:58And I think.
- 29:59But Then the monetization beyond YouTube I think is very often the tricky part because you need all these kind of connections to the other streamers.
- 30:06You also maybe don't know exactly what audiences want in the future.
- 30:12So you can also really help those creators and give input for, for the next thing they're doing.
- 30:19So I think it's, it's a great space.
- 30:21YouTube in the, in monetization, but also in discovery and then also thinking about the next step.
- 30:29Speaking of the next step is a nice segue.
- 30:32You've referenced it a few times in the conversation.
- 30:35But we need to talk about Cocomelon going to the movies, right?
- 30:39Yes.
- 30:39This is a big, a big deal.
- 30:41A big deal for the, for the franchise.
- 30:43A big, a big jump.
- 30:46I mean people could think you, you might say I'm wrong but you know, from the outside you go this is a YouTube native IP and now it's going to be in the cineman, like I guess a probably 70
- 30:56to 90 minute version version, piece of content, piece of, piece of art, of course.
- 31:04What are you, are you guys excited?
- 31:06Are you scared at all?
- 31:08Like how are you feeling about how you're not feeling, you're not scared at all?
- 31:12Nicholas just super excited.
- 31:13I don't think he's scared.
- 31:14I don't think he scares easy, you guys.
- 31:16No, I think it's a massive moment for us.
- 31:21We are all super excited that the whole company is working toward that moment.
- 31:24The movie is launching in February next year and for us it's just an amazing opportunity to create more universe, to have more, deeper relationships, more stories.
- 31:37Drone Theatrical has so many opportunities for kids and families to experience the brand.
- 31:43And you know, I already see my, in my head I see a family of four parents, two three year old boys or the daughter and then the sibling who also loves it.
- 31:53They're going to be amazing music and so yeah, I can't wait to see this.
- 31:58Is it big?
- 31:59Is it epic?
- 32:00Like what?
- 32:00Can you give us some?
- 32:01I think it's, it's going to be amazing.
- 32:04It's going to be amazing music.
- 32:05I think the talent there speaks for itself.
- 32:08I think the story is super nice.
- 32:11I think kids, whether the turned like people who, the kids who love Krugerman but also their older siblings will love it and also the parents will enjoy it because it's just a great experience and I think it's just
- 32:24a good way to extend the touch point and experience with the franchise and we are just extending it in this way.
- 32:34And I'm more than excited.
- 32:36I'm very intrigued how has the process changed?
- 32:41How have you kind of adapted that Coco Melon world for kind of a big screen?
- 32:47And as Emily was saying, a kind of a longer duration.
- 32:51How's that changed, kind of your attitude to the story you want to tell?
- 32:55It's obviously so different from what we normally do.
- 32:59Obviously, the DNA is the same, the values are the same.
- 33:01But if you think about our core episodes of Kodoman, three minutes, mad and patch is 25 minutes.
- 33:08But, like, going to a full theatrical experience offers so many exciting things that you cannot do in three minutes.
- 33:16So it offers much more time to create new characters, universe, relationships, and that, you know, so weird.
- 33:28I only see exciting things about that.
- 33:30Because you're not limited in any way.
- 33:33You have the big screen experience, so you can also go wild in.
- 33:37In the music and in the.
- 33:39In those things, while always, you know, keep very loyal and focused on your.
- 33:43On your.
- 33:44What you stand for.
- 33:45That's very important.
- 33:45Especially if you age up a little bit, then, you know, it's.
- 33:49It's just another version of Cucru Melon for a wider audience.
- 33:55Feels like a key moment, doesn't it, in the sense that it gives you.
- 33:59It's a huge celebration of what's gone before you've made it into theaters.
- 34:05But as you've said, it gives you that bigger canvas on which to go bigger with the music and more characters, and then that in turn gives a bit of a boost to what comes after.
- 34:16So, I mean, it's going to be a huge thing, I imagine.
- 34:20I would say it's like the climax of the model that Mumba created.
- 34:24Like, we talked about the reverse model.
- 34:26Right.
- 34:27You know, the one thing that was missing was a theatrical experience.
- 34:30And now we go there.
- 34:32You know, we started, like, on YouTube only, and all the steps we've done in between, creating whole channels, creating, like, you know, whole experiences around the brand, all this happened in between.
- 34:44But now, ultimately, we have our own theatrical experience, which makes me super excited.
- 34:49So, yeah, it is a climate of a great development.
- 34:53And do you think that journey to the big screen.
- 34:55So from YouTube, from its origins on YouTube, through distribution partners and Disney and Netflix, do you think that has helped build an audience that can then be kind of crystallized in terms of box office at the cinema?
- 35:10I think so, yes.
- 35:11And I'm actually quite convinced because we know that we already have lots of kids and family who love our shows.
- 35:18I think having aged up the plot and, you know, makes it even more likely that, like, the whole family will grow.
- 35:27I think that no one in the world.
- 35:30You know, we call it Cocomella in the movie.
- 35:32So people know about Cocomelon and they know what they will get maybe now in an even broader and wider way and a better experience and wider experience.
- 35:44So I think from a we don't surprise a lot of people positively who know Kurt Roman and already love it as it is, they will even love it more.
- 35:54Well, I think the movie is a really great place to end, to end on a high.
- 35:58So thank you so much, Nicholas, for joining us.
- 36:01Thank you so much.
- 36:01And we will see you in Cannes.
- 36:03Okay.
- 36:03Yes, we will.
- 36:05Awesome.
- 36:06Do the sign off, Andy.
- 36:07Go on.
- 36:08Okay.
- 36:08Thanks, Nicholas.
- 36:09I hope you guys enjoyed that.
- 36:11Please like and subscribe wherever you get your podcasts and we will catch you all next week.