{"id":6078,"date":"2016-12-13T15:31:15","date_gmt":"2016-12-13T14:31:15","guid":{"rendered":"https:\/\/chartmogul.com\/blog\/?p=6078"},"modified":"2023-08-10T12:57:30","modified_gmt":"2023-08-10T10:57:30","slug":"british-film-institute-subscription-economy","status":"publish","type":"post","link":"https:\/\/chartmogul.com\/blog\/british-film-institute-subscription-economy\/","title":{"rendered":"How BFI, the leading UK film body, is tackling the subscription economy"},"content":{"rendered":"<h1>About the BFI<\/h1>\n<p>Founded in 1933, the <a href=\"http:\/\/bfi.org.uk\">British Film Institute<\/a> is a pillar of British film culture and heritage. The organization looks after a collection of over 50,000 fiction films, over 100,000 non-fiction titles and around 625,000 television programmes as part of the BFI National Archive.<\/p>\n<p>It also operates the largest cinema screen in the UK, the London IMAX Cinema, as well as the BFI Southbank cinema, which specializes in classic and arthouse film screenings.<\/p>\n<p>In recent years, the organization has been tackling a new opportunity: To provide a means of extending its cultural programmes and festivals by curating an extensive collection of films for online access. This started 3-4 years ago with the launch of BFI Player.<\/p>\n<p>Duncan McKenzie is Lead Product Manager at BFI, where he oversees the organization&#8217;s digital products &#8211; primarily BFI Player and more recently the subscription service, BFI Player+.<\/p>\n<h1>BFI Player takes the curated approach<\/h1>\n<blockquote><p>\u201cIf you look two years ago, you have everyone trying to compete in the mainstream. \u2018bulk\u2019 libraries was really the focus\u2026 There\u2019s definitely a move in the industry to more niche curated services\u201d<\/p><\/blockquote>\n<p>With just a single physical venue in London to showcase BFI films, it\u2019s pretty clear that launching a video on demand (VOD) platform would have a huge impact on the reach of the organization.<\/p>\n<p><a href=\"https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-19858 size-full-column\" src=\"https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-720x434.png\" alt=\"bfiplayer\" width=\"720\" height=\"434\" srcset=\"https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-720x434.png 720w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-300x181.png 300w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-1024x617.png 1024w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-1536x926.png 1536w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-500x301.png 500w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-800x482.png 800w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-1280x771.png 1280w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1.png 1920w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-300x181@2x.png 600w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-500x301@2x.png 1000w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/12\/bfiplayer_device2-1920x1157-1-1-800x482@2x.png 1600w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/player.bfi.org.uk\/\">BFI Player<\/a> offers a selection of the BFI\u2019s extensive catalog to people in their homes. The operative word here is selection, because unlike many of the online streaming services today, BFI Player offers up hand-picked and carefully chosen assortments of new independent films from the UK and around the world as well as classic and archive films for its users.<\/p>\n<blockquote><p>\u201cWe felt there was a gap in the market for a curated subscription service, where each film is hand-picked by experts\u2026 we\u2019ve said \u2018these are great films you can watch\u2019.<\/p><\/blockquote>\n<h1>BFI Player+ introduces the subscription model<\/h1>\n<p><a href=\"http:\/\/player.bfi.org.uk\/bfi-player-plus\/\">BFI Player+<\/a> launched in October 2015 for \u00a34.99 per month. The service focuses on offering an extensive range of classic and cult titles and the best-known UK film critic, Mark Kermode, introduces his pick of the library every week. This further amplifies the teams\u2019 focus on thoughtful recommendations rather than overwhelming the viewer with choice.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6154 size-full-viewport\" src=\"https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfiplayer_device1-1920x1159.png\" alt=\"bfiplayer_device1\" width=\"1920\" height=\"1159\" srcset=\"https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfiplayer_device1-1920x1159.png 1920w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfiplayer_device1-300x181.png 300w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfiplayer_device1-768x464.png 768w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfiplayer_device1-1024x618.png 1024w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfiplayer_device1-720x435.png 720w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfiplayer_device1-300x181@2x.png 600w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfiplayer_device1-768x464@2x.png 1536w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfiplayer_device1-1024x618@2x.png 2048w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfiplayer_device1-720x435@2x.png 1440w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/p>\n<h2>Curation can be data driven, too<\/h2>\n<blockquote><p>\u201cIn general any decision we make\u2026 we try to always make it a metric-driven one.\u201d<\/p><\/blockquote>\n<p>A huge part of the organization and its products is based on the team themselves being experts in film. But whilst they\u2019re certainly leveraging this expertise to enhance their offering, they\u2019re also starting to use data to aid the curation.<\/p>\n<p>Using ChartMogul, Duncan is able to monitor things like customer churn and measure the direct impact of email marketing activities \u2014 even to the level of near real-time measuring of customer retention.<\/p>\n<p>Duncan also uses the Cohort Analysis tool, particularly when running offers with a partner. Monitoring the churn rate of a specific cohort and seeing how the offer affects the cohort\u2019s evolution over time is a powerful insight.<\/p>\n<h1>Looking to the future<\/h1>\n<p>It\u2019s clear that a large part of the future of BFI as a consumer service is through digital distribution of its content. Many of the challenges lie in the subtleties of how, where and when users are able to consume such content \u2014 particularly as trends change and technology advances.<\/p>\n<p>However, Duncan believes there will always be a future for large-screen experiences, particularly amongst passionate film lovers. The experience of the large-screen cinema is still valued by many people.<\/p>\n<blockquote><p>\u201cThere\u2019s always going to be the space to go and watch a film in an amazing cinema \u2014 there\u2019s nothing quite like it. Online is just another channel.\u201d<\/p><\/blockquote>\n<p>Possibly the biggest challenge for BFI\u2019s digital platform moving forwards is existing on all the platforms users expect to find them. It\u2019s not feasible to heavily invest in existing \u201ceverywhere\u201d (on all platforms), as Netflix does for example. So the team is listening to customers and taking a more selective approach.<\/p>\n<blockquote><p>\u201cWe\u2019ve got to pick and choose the right platforms for our users, based on what platforms they want to watch on.\u201d<\/p><\/blockquote>\n<p>While BFI apps exist on Samsung\u2019s TV platform, the web and some mobile platforms, it\u2019s clear that providing a richer experience across devices will be a big focus for the team, moving forwards.<\/p>\n<p>BFI is something of a national treasure for the UK &#8211; nothing exists that\u2019s quite like it. And while their primary objective in the 80 years they\u2019ve existed has been to preserve many cultural artefacts of British film and television, it\u2019s fascinating to see the organisation approach new frontiers for putting such art in the hands of a passionate audience.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full-column wp-image-6095\" src=\"https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfi-imax-720x540.jpg\" alt=\"BFI IMAX\" width=\"720\" height=\"540\" srcset=\"https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfi-imax-720x540.jpg 720w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfi-imax-300x225.jpg 300w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfi-imax-768x576.jpg 768w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfi-imax.jpg 1000w, https:\/\/chartmogul.com\/blog\/wp-content\/uploads\/2016\/11\/bfi-imax-300x225@2x.jpg 600w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \/><\/p>\n<hr \/>\n<p><em>If you want to find out more about BFI, including how you can support the national film archive, visit <a href=\"http:\/\/www.bfi.org.uk\">www.bfi.org.uk<\/a><\/em><\/p>\n<p><em>BFI Player is available in the UK on <a href=\"http:\/\/player.bfi.org.uk\">player.bfi.org.uk<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The British Film Institute, governed by royal charter, exists with the objective of supporting the British film industry, from cultural, creative and industrial perspectives. In October of 2015 the BFI launched a subscription service on its VOD platform, BFI Player, focused on hand-picked classics.<\/p>\n","protected":false},"author":9,"featured_media":13826,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"customer-story.php","format":"standard","meta":{"footnotes":""},"categories":[12,1998],"tags":[217,219,46,218],"class_list":["post-6078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gtm","category-retention","tag-bfi","tag-consumer-subscription","tag-customer-story","tag-vod"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How BFI, the leading UK film body, is tackling the subscription economy<\/title>\n<meta name=\"description\" content=\"The BFI, governed by royal charter, exists with the objective of supporting the British film industry, from cultural, creative and industrial perspectives.\" 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