The outstanding demand for "Nick Cannon Presents: Wild 'N Out" in October 2023 in the United States provides entertainment executives with a valuable insight into the show's audience appeal. Here are some ways the demand data can help decision making:
- Content Valuation: Entertainment executives can use demand data to estimate the dollar value of the show and its contribution to the platform. By quantifying the platform-specific marginal revenue impact of the show, executives can make more informed decisions about how much to spend on acquiring or producing content. The content valuation system is a significant part of Parrot Analytics' offering that helps entertainment executives determine the economic value of a show using demand data.
- Programming Decisions: The demand data provides information on how "Nick Cannon Presents: Wild 'N Out" ranks among other comedy titles in the United States. As it ranks at the 99.0th percentile in the comedy genre in October, one can infer that the show has higher demand than 99.0% of all comedy titles in the United States. Thus, executives can use this information when making programming decisions regarding what comedy shows to include in their portfolio or lineup.
- Acquisition Decisions: The insights gained from demand data on "Nick Cannon Presents: Wild 'N Out" can guide executives when making acquisition decisions. Knowing that demand for the show has been decreasing recently, they can predict the future value of the show and decide if it's a worthwhile investment or not. Additionally, understanding the global demand ranking for the show can help decisions makers determine the platforms or markets to target when acquiring the content.
- Distribution Decisions: The demand data can inform executives on which territories the show is most in demand. Through examining the top 10 global markets where "Nick Cannon Presents: Wild 'N Out" is most in-demand over the last 30 days, executives can identify the markets where they can potentially expand the show's reach further. This can guide decisions related to how the content is distributed, and where it should be made available for a larger audience.
- Franchise Decisions: By examining the show's ability to be franchised or create spin-offs - a significant aspect of franchisability - executives can use the demand data for "Nick Cannon Presents: Wild 'N Out" to inform whether it's a fruitful avenue to explore. This insight will enable executives of the studio or production company to look into potential spin-off series in the future.
Overall, by answering questions such as how well a show is doing, where in the world it is most popular, and how it ranks among other titles, demand data can help executives at various entertainment organizations determine what titles to acquire, produce, or distribute, or how much to spend on content creation. Demand data feeds into content valuation, which allows executives to understand the financial value of the show on their platform. The demand data on "Nick Cannon Presents: Wild 'N Out" provides insights that can inform important programming, acquisition, distribution, and franchise decisions.
