MIPCOM, the world’s entertainment content market
October 5-9, 2009
Palais des Festivals, Cannes, France
A lot of my friends in entertainment ask me what MIPCOM is and why I go every year. To set the record straight and to relate it back to the essence of this blog, which is branding, here is my take on MIPCOM:
MIPCOM along with MIPTV are the world’s largest entertainment market and trade events in the entertainment industry with over $10 billion in transactional business done between MIPCOM in October and MIPTV in April. (source: www.variety.com)
Normally lasting 5 days, it provides a networking forum and showcase for Film and TV production & distribution companies. There are approximately 13,000 registered delegates on any given year, although it has recently been increasing by double digits annually in both visitors and revenue. Not only the Palais des Festivals et des Congrès is used as a conferencing venue – many of the famous hotels on the Croisette are taken over and used, such names as the Intercontinental Carlton Hotel, the Martinez Hotel and the Majestic are commonly associated with the MIPCOM event too.
I have gone twice a year since ‘06 and have established relationships with the acquisition executives of channels in essentially every major country. Distribution is a vital part of our business, because at the end of the day that’s what it is: a business. This market brings together art and business, producers and distributors, distributors and broadcasters and Americans and the French. It is a place to see and to be seen. The famous Croisette (walkway along the French Riviera where luxurious clothing and jewlery storefronts align) serves as a runway for high powered executives such as NBC’s Bonnie Hammer or United Artist’s Paula Wagner ( I saw her strut her stuff last MIP). Executives tend to schedule their meetings in half hour slots, most times having 10-15 meetings a day (then drinks, dinners & parties).
Properly branding & packaging your television show at MIPCOM is imperative. Why? Because acquisition & development executives have an attention span of a 3 year old. Your one-sheets have to be slick, your pitches concise and suits dry cleaned. Lastly, if you bring a TV show that has been aired on a branded U.S. cable channel to MIPCOM, you can command a higher license fee per episode because the brand, like a SpikeTV, has value. I am bringing a slue of branded shows to MIP next week, such as “National Geographic’s First Ascent”, “Comcast-owned Versus’ Sports Fishing TV” and we are currently negotiating the rights to the MTV Paris Hilton doc, “Paris Not France”, which aired about 3 weeks ago.
Catch me at Cafe Roma sipping on a espresso. later.