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Unlocking the Power of Audience Demand Data: A Guide for Entertainment Executives

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What is Demand? Why Demand? Industry Products Insights
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Parrot Analytics Insights - October 2023

As an entertainment executive, there are several questions you might have concerning content valuation, audience demand, franchise potential, and longevity. Thankfully, this data set can provide insights that address these topics for a show such as "Jay Leno's Garage." Here are some of the ways this data can inform your decisions:

- Content valuation: Comprehending the audience demand for a show based on regional data can reveal the dollar value contributions of different titles across regions. Demand data for "Jay Leno's Garage" shows that it has 4.7 times the audience demand of the average show in Australia over the last 30 days, indicating that the show has high demand in that market.
- Acquisition decisions: Audience demand data allows you to identify shows that would resonate with your audience. The data for "Jay Leno's Garage" reveals that it has a high demand in Australia, indicating that it may be a good choice for acquisition.
- Programming decisions: Understanding the audience's interests can help in identifying programming options. "Jay Leno's Garage" is doing well in Australia and has higher demand than 99.3% of all documentary titles in the country. Therefore, it could be an excellent programming option for those interested in documentaries.
- Distribution decisions: Knowing where a show is popular can dictate its distribution. "Jay Leno's Garage" provided valuable audience data, indicating that it has high demand in Australia, making it an excellent distribution option in this market.
- Franchise potential: Understanding the franchise potential of a show can inform decisions regarding potential spin-offs. For "Jay Leno's Garage," the data shows that its franchisability is okay, signifying some potential for a spin-off.
- Longevity: It is essential to assess whether a show's audience demand is maintained over time, which is known as the longevity of a show. The data on "Jay Leno's Garage" shows that it has good longevity, suggesting that the audience demand is steady over time.

In summary, audience demand data provides valuable information to guide your strategic decision-making process. It helps identify which shows to acquire or produce, forecast the show's revenue potential, and understand how it will perform in various markets. Content valuation based on demand data can also be used to estimate the dollar value contribution of any title to any streaming platform in any region.

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