Fullscreen is betting it can spin YouTube talent into shows you'll pay good money for every month.
How Fullscreen is trying to build a new Netflix using YouTube stars
Fullscreen is evolving from a YouTube network to a multi-faceted business that includes subscriptions.
That service, which costs $5.99 per month and is focused on 18-to-25 year olds, puts Fullscreen into competition with heavyweights like Netflix and Hulu, as well as a slew of more niche upstarts. Fullscreen has its own original shows as well as a catalog of licensed older shows and movies, from "Chuck" to "Firefly" to "Chappelle's Show."
But the primary aspect that sets Fullscreen apart is its focus on YouTube stars and personalities, many of whom Fullscreen develops through its "network" business, which helps manage and promote a whopping 75,000 of them. That part of Fullscreen can function a bit like a farm team in baseball. Fullscreen will identify a YouTuber with talent, and then work to get a show onto the Fullscreen premium subscription service.
But what does a “premium” show from a YouTube star look like?
That’s something the industry is still figuring out, and there have been some missteps along the way. YouTube star Issa Rae scored a Golden Globe nod this year for her new HBO show, “Insecure,” but both of Netflix’s recent bets on social media stars, Miranda Sings and Vine star Cameron Dallas, were trashed by its subscribers. Shows also continue to pop up on newer outlets like YouTube Red and Go90, but it's hard to judge which are gaining traction.
So what's Fullscreen's answer?
The first thing Fullscreen learned was that trying to simply reproduce traditional TV with social media stars in the leading roles doesn’t work particularly well.
Reich wants Fullscreen to create shows that capitalize on the company's position as an online service. One thing Reich stressed was that Fullscreen can push the boundaries on the subject matter, compared to traditional TV, since the subscription service doesn’t have ads.
“We don’t have that concern [advertising deals with brands], and can be a little more opinionated …. We want people to have a polarizing point of view … a point of view in general.”
Here’s the trailer:
As to what type of deals Fullscreen is looking to do for its subscription service, it, like Netflix, wants to push for full ownership of the shows.
Fullscreen has to be nimble and flexible, to identify which stars and show models are working, and which aren’t. And hopefully find something so suited to Fullscreen that the slew of new subscription services will have a hard time copying it.
The goal: To