Video content navigation with revenue maximization
A method for maximizing revenue in a video-on-demand (VOD) system operated by a service provider is disclosed. For a plurality of VOD content items, an expected revenue value to the service provider for each content item is calculated, based on an estimated value of revenue for the content item, weighted by an estimated probability that a subscriber will select the content item for viewing. The one or more highest ranked content items of the plurality of VOD content items is selected, rank being determined such that content items having higher expected revenue values are ranked higher than content items having lower expected revenue values. Identifying information about the one or more highest ranked content items is delivered to a set-top device associated with the subscriber, for presentation to the subscriber on a menu from which the one or more highest ranked content items can be selected for viewing.
1. A method for maximizing revenue in a video-on-demand (VOD) system operated by a service provider, the method comprising:
for a plurality of VOD content items, calculating an expected revenue value (ER T ) to the service provider for each content item (T), based on an estimated value of revenue (R T ) for the content item, weighted by an estimated probability (P T ) that a subscriber will select the content item for viewing;
selecting the one or more highest ranked content items of the plurality of VOD content items, wherein a rank is determined such that content items having higher ER T values are ranked higher than content items having lower ER T values; and
delivering identifying information about the one or more highest ranked content items to a set-top device associated with the subscriber, for presentation to the subscriber on a menu from which the one or more highest ranked content items can be selected for viewing;
wherein if the content item is an advertising supported content item, R T is calculated by multiplying a quantity of advertising availabilities allocated to the service provider for the content item, by a cost per impression for which the service provider can sell each of the advertising availabilities, by a retention rate associated with the content item.
2. The method of claim 1 , wherein the retention rate associated with the content item is calculated based on a product of a plurality of retention rates associated with a plurality of time periods, each of the time periods corresponding to a portion of the content item.
3. The method of claim 1 , wherein P T is calculated using a sum of one or more non-individualized data items each multiplied by an associated weighting factor.
4. The method of claim 1 , wherein P T is calculated using a sum of one or more individualized data items associated with the subscriber, each multiplied by an associated weighting factor.
5. The method of claim 1 , wherein P T is calculated using a historical click through rate for the content item for a plurality of subscribers over a period of time.
6. The method of claim 1 , wherein P T is calculated using a historical click through rate for other content items related to the content item, for a plurality of subscribers over a period of time.
7. The method of claim 1 , wherein P T is calculated using audience measurement ratings for the content item.
8. The method of claim 1 , wherein P T is calculated using publicly known information about box office revenues for the content item.
9. The method of claim 1 , wherein P T is calculated using social networking information indicative of public interest in the content item.
10. The method of claim 1 , wherein P T is calculated using a previous viewing history associated with the subscriber.
11. The method of claim 1 , wherein P T is calculated using demographic information associated with the subscriber.
12. The method of claim 1 , wherein P T is calculated using geographic information associated with the subscriber.
13. The method of claim 1 , wherein P T is calculated using recorded preferences expressly selected by the subscriber.
14. The method of claim 1 , wherein P T is calculated using preferences of the subscriber for duration of content items.
15. The method of claim 1 , wherein P T is calculated using social networking information associated with individuals in a social network associated with the subscriber.
16. A non-transitory computer readable medium comprising stored instructions which, when executed by a processor, implement the method of claim 1 .
17. A method for maximizing revenue in a video-on-demand (VOD) system operated by a service provider, the method comprising:
for a plurality of VOD content items, calculating an expected revenue value (ER T ) to the service provider for each content item (T), based on an estimated value of revenue (R T ) for the content item, weighted by an estimated probability (P T ) that a subscriber will select the content item for viewing;
selecting the one or more highest ranked content items of the plurality of VOD content items, wherein a rank is determined such that content items having higher ER T values are ranked higher than content items having lower ER T values; and
delivering identifying information about the one or more highest ranked content items to a set-top device associated with the subscriber, for presentation to the subscriber on a menu from which the one or more highest ranked content items can be selected for viewing;
wherein if the content item is an advertising supported content item, R T is calculated based on a summation of estimated values of revenue associated with a plurality of time periods, each of the time periods corresponding to a portion of the content item; and
wherein an estimated value of revenue associated with a time period i is calculated based on multiplying a quantity of advertising availabilities allocated to the service provider for the time period i, by a cost per impression for which the service provider can sell each of the advertising availabilities in the time period i, by a product of all retention rates associated with time periods from 1 through i.
18. A non-transitory computer readable medium comprising stored instructions which, when executed by a processor, implement the method of claim 17 .
19. The method of claim 17 , wherein P T is calculated using one or more of the group consisting of:
a sum of one or more non-individualized data items each multiplied by an associated weighting factor,
a sum of one or more individualized data items associated with the subscriber, each multiplied by an associated weighting factor,
a historical click through rate for the content item for a plurality of subscribers over a period of time,
a historical click through rate for other content items related to the content item, for a plurality of subscribers over a period of time,
audience measurement ratings for the content item,
publicly known information about box office revenues for the content item,
social networking information indicative of public interest in the content item,
a previous viewing history associated with the subscriber,
demographic information associated with the subscriber,
geographic information associated with the subscriber,
recorded preferences expressly selected by the subscriber,
preferences of the subscriber for duration of content items, and
social networking information associated with individuals in a social network associated with the subscriber.
20. A method for maximizing revenue in a video-on-demand (VOD) system operated by a service provider, the method comprising:
for a plurality of VOD content items, calculating an expected revenue value (ER T ) to the service provider for each content item (T), based on an estimated value of revenue (R T ) for the content item, weighted by an estimated probability (P T ) that a subscriber will select the content item for viewing;
selecting the one or more highest ranked content items of the plurality of VOD content items, wherein a rank is determined such that content items having higher ER T values are ranked higher than content items having lower ER T values; and
delivering identifying information about the one or more highest ranked content items to a set-top device associated with the subscriber, for presentation to the subscriber on a menu from which the one or more highest ranked content items can be selected for viewing;
wherein a duration-adjusted value of ER T is calculated by dividing the product of R T and P T by a duration associated with the content item.
21. A non-transitory computer readable medium comprising stored instructions which, when executed by a processor, implement the method of claim 20 .
22. The method of claim 20 , wherein P T is calculated using one or more of the group consisting of:
a sum of one or more non-individualized data items each multiplied by an associated weighting factor,
a sum of one or more individualized data items associated with the subscriber, each multiplied by an associated weighting factor,
a historical click through rate for the content item for a plurality of subscribers over a period of time,
a historical click through rate for other content items related to the content item, for a plurality of subscribers over a period of time,
audience measurement ratings for the content item,
publicly known information about box office revenues for the content item,
social networking information indicative of public interest in the content item,
a previous viewing history associated with the subscriber,
demographic information associated with the subscriber,
geographic information associated with the subscriber,
recorded preferences expressly selected by the subscriber,
preferences of the subscriber for duration of content items, and
social networking information associated with individuals in a social network associated with the subscriber.
23. A video-on-demand (VOD) system operated by a service provider, the system comprising:
a VOD server communicatively coupled to a content database comprising a plurality of VOD content items;
a VOD revenue processor configured to calculate, for the plurality of VOD content items, an expected revenue value (ER T ) to the service provider for each content item (T), based on an estimated value of revenue (R T ) for the content item, weighted by an estimated probability (P T ) that a subscriber will select the content item for viewing; and
a user interface (UI) server communicatively coupled to the VOD revenue processor and to the VOD server, wherein one or more of the VOD revenue processor and the UI server is configured to select the one or more highest ranked content items of the plurality of VOD content items, wherein a rank is determined such that content items having higher ER T values are ranked higher than content items having lower ER T values;
the UI server configured to deliver identifying information about the one or more content items that are highest ranked by ER T values, to a set-top device associated with a subscriber, for presentation to the subscriber on a menu from which the one or more highest ranked content items can be selected for viewing;
wherein if the content item is an advertising supported content item, R T is calculated by multiplying a quantity of advertising availabilities allocated to the service provider for the content item, by a cost per impression for which the service provider can sell each of the advertising availabilities, by a retention rate associated with the content item.
24. The system of claim 23 wherein the VOD revenue processor is communicatively coupled with:
a metadata database comprising metadata associated with the VOD content items;
a database of aggregated viewing data associated with the VOD content items; and
a subscriber database comprising individualized information associated with a plurality of subscribers.
25. A video-on-demand (VOD) system operated by a service provider, the system comprising:
a VOD server communicatively coupled to a content database comprising a plurality of VOD content items;
a VOD revenue processor configured to calculate, for the plurality of VOD content items, an expected revenue value (ER T ) to the service provider for each content item (T), based on an estimated value of revenue (R T ) for the content item, weighted by an estimated probability (P T ) that a subscriber will select the content item for viewing; and
a user interface (UI) server communicatively coupled to the VOD revenue processor and to the VOD server, wherein one or more of the VOD revenue processor and the UI server is configured to select the one or more highest ranked content items of the plurality of VOD content items, wherein a rank is determined such that content items having higher ER T values are ranked higher than content items having lower ER T values;
the UI server configured to deliver identifying information about the one or more content items that are highest ranked by ER T values, to a set-top device associated with a subscriber, for presentation to the subscriber on a menu from which the one or more highest ranked content items can be selected for viewing;
wherein if the content item is an advertising supported content item, R T is calculated based on a summation of estimated values of revenue associated with a plurality of time periods, each of the time periods corresponding to a portion of the content item; and
wherein an estimated value of revenue associated with a time period i is calculated based on multiplying a quantity of advertising availabilities allocated to the service provider for the time period i, by a cost per impression for which the service provider can sell each of the advertising availabilities in the time period i, by a product of all retention rates associated with time periods from 1 through i.
26. A video-on-demand (VOD) system operated by a service provider, the system comprising:
a VOD server communicatively coupled to a content database comprising a plurality of VOD content items;
a VOD revenue processor configured to calculate, for the plurality of VOD content items, an expected revenue value (ER T ) to the service provider for each content item (T), based on an estimated value of revenue (R T ) for the content item, weighted by an estimated probability (P T ) that a subscriber will select the content item for viewing; and
a user interface (UI) server communicatively coupled to the VOD revenue processor and to the VOD server, wherein one or more of the VOD revenue processor and the UI server is configured to select the one or more highest ranked content items of the plurality of VOD content items, wherein a rank is determined such that content items having higher ER T values are ranked higher than content items having lower ER T values;
the UI server configured to deliver identifying information about the one or more content items that are highest ranked by ER T values, to a set-top device associated with a subscriber, for presentation to the subscriber on a menu from which the one or more highest ranked content items can be selected for viewing;
wherein a duration-adjusted value of ER T is calculated by dividing the product of R T and P T by a duration associated with the content item.