« Netscape Editors Use the Site to Spin | Main | Oui, the French Read Blogs »

Tuesday, July 18, 2006

The Boom Heard Round Hollywood

The following is also my column for AdAge.com.

When Amanda Congdon unceremoniously told the world July 5 she was leaving the popular Rocketboom video blog, it set off a frenzy the likes of which we've never seen in the social media universe. You would have thought that Teri Hatcher was announcing her departure from "Desperate Housewives."

Between July 5 and July 14 (when I am writing this column), Ms. Congdon's exit from Rocketboom generated a staggering 129 news articles plus personal appearances on several major TV news programs, including CNN's "Reliable Sources." Of course, this event was even more magnified in the blogosphere, where it generated some 2,000-plus conversations.

Since she announced her split with Rocketboom, Ms. Congdon has been coy about her future. She did confirm in an e-mail, however, that she signed with the Endeavor talent agency in May. Meanwhile, Rocketboom wasted no time in replacing their star with Joanne Colan, who at one time was with MTV Europe. Ms. Colan will surely see a boost from this smart career move.

Ms. Congdon's departure from Rocketboom and her move to Endeavor will go down as the shot heard round the entertainment world. She is poised to become the first personality to parlay her tremendous online fame into mega-celebrity in the offline world. I'm sure her phone is ringing off the hook and it won't be long before we see her pitching products on TV.

The fallout from this episode doesn't end with Amanda Congdon. In the next six to 12 months we will see many talented writers, video bloggers and podcasters get plucked from their internet perches by the big talent agencies. These online celebs will be called on to help create or appear in movies, TV programs and, yes, commercials.

The implications of this? The talent marketplace is about to get flattened like a pancake. It won't take long before the agencies recognize that there's an incredible pool of untapped talent they can secure on the cheap -- right from their desktops. If they can identify the stars who will transcend the online world, they can resell their services at a higher premium to studios and advertisers eager to put credible people in front of the cameras.

While talent like Ms. Congdon's doesn't grow on trees, you can bet that a widespread hunt for talent is under way in the social media world and that the entertainment industry will never be the same.

Tags: ,

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c5e1c53ef00d8346535c169e2

Listed below are links to weblogs that reference The Boom Heard Round Hollywood:

» A flatter talent marketplace from Cogent Insights
Steve Rubel made an interesting point about how the blogosphere, and its cousins vod casting and pod casting, are changing the talent marketplace in a post about Amanda Congdon, though most of his readers (at least according to their comments) seemed... [Read More]

» Plucking Podcasters from BizPodcasting
Steve Rubel wrote an entry on Tuesday discussing how talent agencies are coming around to realize that there's a large pool of talent on the Internet just waiting to be plucked. Of course, the impetus for Rubel's post was the... [Read More]

» Actually, youre all wrong from Marketing Begins At Home
On the week of the lowest TV ratings since the dawn of civilization, Steve Rubel breathlessly announces that Rocketboom refuge Amanda Congdon will soon light up the skies of Hollywood. On the other side, Allan Jenkins offers a big fat humbug. Actually,... [Read More]

Comments

Search


My Photo

Follow Me on Twitter

Subscribe

Contact Me


  • Email Me

  • My Employer

Read My Favorite Feeds

Miscellany

Related Posts Widget for Blogs by LinkWithin