The Eastern Broadcasting Company (EBC) earns about 20 million views on their Facebook videos every day. To directly monetize these videos, they insert ad breaks for any video over 3 minutes. As a result, they have opened up a new revenue stream without any drop off in engagement. Here’s how they’ve done it.
EBC’s Story
EBC is one of the leading television broadcasters in Taiwan. Based out of Taipei, EBC operates multiple channels across general news, financial news, EBC America, EBC Global, and more. They provide the latest national and international news to Taiwan through their television broadcast and their 20+ Facebook pages. Through this multi-channel approach and a strong digital strategy, EBC has been able to expand their digital audience and further engage their TV audiences with digital video.
“EBC News’ mission is to ‘listen to your voice and tell your story.’ We focus on producing stories about caring for your community, assisting the weak and providing positive energy.” — Shen Chien-hung, Executive Director
Go behind-the-scenes in the EBC newsroom with this one-minute video:
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EBC’s Goal
EBC uses their televised content and user-generated-content (UGC) to upload about 95 videos a day with ad breaks across its 12 pages. They wanted a way to monetize that digital content through ads, without losing their robust viewership and engagement numbers.
“Before ad breaks were launched, EBC News did not have a stable video monetization model on the Facebook platform. After ad breaks rolled out and we started using them, the profits generated from our video content has provided us with momentum and revenue to invest more heavily in digital content.” — Shen Chien-hung, Executive Director of EBC News.
EBC’s Strategy
According to EBC, to get a user to watch a 3-minute video with ad breaks, the video has to feature high-quality and authentic content with a very strong first minute. Their videos largely come from broadcast clips and user-generated-content, edited and packaged together to create compelling stories that resonate with their audience.
Here are their five buckets of video content that they produce with ad breaks and have found keep viewers engaged:
- Content about identity
This content connects with a viewer’s personal identity. - How-to videos
EBC has found that financial how-to videos providing useful financial and investing knowledge for viewers perform especially well. These videos have one host who introduces complicated financial topics in an easy and helpful way. These videos are extremely retentive, EBC has found, and are among the most likely to get viewers to watch a full 3 minutes. - In-depth stories
This bucket focuses on in-depth coverage of a single subject through a strong narrative. It sounds obvious, but EBC says that videos with a strong beginning, middle and end keep viewers engaged all the way through. - Five-minute videos
According to EBC, five minutes is the ideal length to monetize a digital video. They say that when the ad appears between 1-2 minutes, users are more likely to keep watching the whole thing. - User-generated content (UGC)
The EBC News digital team produces and edits UGC videos into more complete stories to publish on their Facebook page. They often surface users’ content about the Taiwanese community and help people understand more about Taiwan tradition. Editing these videos in a creative way to tell a full story helps the station bring in an engaged audience and more revenue.
“Publishers must constantly adjust video length and content to match the best experience of the platform. In order to achieve such a goal, digital journalists who are good at telling stories and social media editors who understand the rules of the platform are indispensable. They need to work with each other to build an effective video strategy.” — Shen Chien-hung, Executive Director