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FXOpen Invitational Final Analysis - Page 2

Blogs > FXOpen
Post a Reply
Prev 1 2 3 4 5 6 7 Next All
garbodor
Profile Joined October 2011
269 Posts
February 20 2012 04:27 GMT
#21
On February 20 2012 13:26 ninjamyst wrote:
Any chance we can see the breakdown of the cost to run the event? Just want to see where that $8k is coming from.

[in no way affiliated with fxo so im probably talking out of my ass :c]

The prize pool was $5k, I'd imagine most of the 8k is that, the rest probably going to production/casting
FXOpen
Profile Joined November 2010
Australia1844 Posts
February 20 2012 04:31 GMT
#22
On February 20 2012 13:23 Gheed wrote:
You rebroadcasted it, but you ran it right after the first airing ended. Would you not have gotten more ad revenue running it again during a better time for NA/EU viewers? Not that it would have probably made you break even, but still


We ran rebroadcasts for over 12 hours after each event, Unfortunately we were not approved to have rebroadcast events in the Calander.
www.twitter.com/FXOpenESports
MrCash
Profile Joined October 2011
United States1504 Posts
Last Edited: 2012-02-20 04:36:32
February 20 2012 04:33 GMT
#23
Did this in a couple of minutes, but someone weigh in if I'm not doing this right.
2412.88/956 = $2.52 (Earned per ad)
2.52/7615 = $0.00033 (average earned per ad through the duration of the showing)

If I got my definition of CPM properly, the $0.00033 would be the CPM in this specific scenario and it's not what has been touted by any streaming companies.
Or if CPM is per 1000, then it would be $0.33, which makes a lot more sense.
Still is pretty low, as normally we hear numbers ranging from $2-$4 thrown around.
FXOpen
Profile Joined November 2010
Australia1844 Posts
February 20 2012 04:36 GMT
#24
On February 20 2012 13:33 MrCash wrote:
Did this in a couple of minutes, but someone weigh in if I'm not doing this right.
2412.88/956 = $2.52 (Earned per ad)
2.52/7615 = $0.00033 (average earned per ad through the duration of the showing)

If I got my definition of CPM properly, the $0.00033 would be the CPM in this specific scenario and it's not what has been touted by any streaming companies.


It's an easily confused term. What CPM means is how much you get for every 1000 shown ad's. So your calculations don't factor in fill rate.
www.twitter.com/FXOpenESports
Vaporak
Profile Joined September 2010
70 Posts
February 20 2012 04:36 GMT
#25
I'd like to ask about your comment on the sponsorship model, if you expand on your thoughts I'd love to hear them. I agree that relying on one sponsor to stick around and fund a series of tournaments is risky. But on the other hand from your numbers it seems like you have over four hundred thousand pairs of eye balls in a largely young male demographic that you can sell to a variety of sponsors. Am I wrong in thinking that there will always be someone out there willing to pay for that access?
MrCash
Profile Joined October 2011
United States1504 Posts
Last Edited: 2012-02-20 04:39:07
February 20 2012 04:37 GMT
#26
On February 20 2012 13:36 FXOpen wrote:
Show nested quote +
On February 20 2012 13:33 MrCash wrote:
Did this in a couple of minutes, but someone weigh in if I'm not doing this right.
2412.88/956 = $2.52 (Earned per ad)
2.52/7615 = $0.00033 (average earned per ad through the duration of the showing)

If I got my definition of CPM properly, the $0.00033 would be the CPM in this specific scenario and it's not what has been touted by any streaming companies.


It's an easily confused term. What CPM means is how much you get for every 1000 shown ad's. So your calculations don't factor in fill rate.


So would it be more appropriate to call this eCPM then?
From that we can divulge what the fill rate is, if we know what the twitch is claiming to be their CPM.
So if the CPM is say $2 and the eCPM is $0.33, the fill rate would be 16.5%, yes
To be fair, that probably isn't even JUST the fill rate, as there are other factors to account for, like ad blockers, but that's always going to be part of the market, so eCPM would be a fair way to call this, I suppose.
udgnim
Profile Blog Joined April 2009
United States8024 Posts
Last Edited: 2012-02-20 04:42:58
February 20 2012 04:42 GMT
#27
On February 20 2012 13:27 ReachTheSky wrote:
Sounds like your in the wrong business if your trying to make money. Maybe you should try a different market?


I think they're looking more for financial sustainability than financial profitability.

I seriously wonder how much money NASL is losing trying to do what they are doing.
E-Sports is competitive video gaming with a spectator fan base. Do not take the word "Sports" literally.
Primadog
Profile Blog Joined April 2010
United States4411 Posts
Last Edited: 2012-02-20 04:45:50
February 20 2012 04:42 GMT
#28
On February 20 2012 13:33 MrCash wrote:
Did this in a couple of minutes, but someone weigh in if I'm not doing this right.
2412.88/956 = $2.52 (Earned per ad)
2.52/7615 = $0.00033 (average earned per ad through the duration of the showing)

If I got my definition of CPM properly, the $0.00033 would be the CPM in this specific scenario and it's not what has been touted by any streaming companies.
Or if CPM is per 1000, then it would be $0.33, which makes a lot more sense.
Still is pretty low, as normally we hear numbers ranging from $2-$4 thrown around.


This is an incorrect way to calculate CPM or eCPM.

The error of this come from double-counting ads from rebroadcasts. While 956 ads may been played, most of it was played during rebroadcast time, which have much lower concurrent average than the live broadcast. Therefore you're artificially deflating eCPM.

Much more accurate measure would be viewer-hour per ad dollar, which is roughly inline with the first-week analysis FXOBoss produced.

Week 1:
Hours watched: 96866
Ad revenue: $710.54

= 136 view-hour per ad dollar

Final:
Hours watched: 393577
Ad revenue: 2412.88

= 163 viewer-hour per ad dollar
Thank God and gunrun.
FXOpen
Profile Joined November 2010
Australia1844 Posts
February 20 2012 04:43 GMT
#29
On February 20 2012 13:42 udgnim wrote:
Show nested quote +
On February 20 2012 13:27 ReachTheSky wrote:
Sounds like your in the wrong business if your trying to make money. Maybe you should try a different market?


I think they're looking more for financial sustainability than financial profitability.


We are looking to create e-sports events that are self sustaining and can grow naturally based on that.
www.twitter.com/FXOpenESports
Hall0wed
Profile Blog Joined January 2011
United States8486 Posts
February 20 2012 04:46 GMT
#30
On February 20 2012 13:31 FXOpen wrote:
Show nested quote +
On February 20 2012 13:23 Gheed wrote:
You rebroadcasted it, but you ran it right after the first airing ended. Would you not have gotten more ad revenue running it again during a better time for NA/EU viewers? Not that it would have probably made you break even, but still


We ran rebroadcasts for over 12 hours after each event, Unfortunately we were not approved to have rebroadcast events in the Calander.


TL calendar ruining eSports.
♦ My Life for BESTie ♦ 류세라 = 배 ♦
Whitetigger
Profile Joined June 2011
Australia20 Posts
February 20 2012 04:47 GMT
#31
As someone who watched the tourny, I'm sad that only 95 ppl subscribed. they gave away a 10day pass to the FXO house in Korea and only 95 ppl wanted that among other awesome and unique prizes,
The darkest shadow runs from the smallest light.
MrCash
Profile Joined October 2011
United States1504 Posts
Last Edited: 2012-02-20 04:49:27
February 20 2012 04:47 GMT
#32
On February 20 2012 13:42 Primadog wrote:
Show nested quote +
On February 20 2012 13:33 MrCash wrote:
Did this in a couple of minutes, but someone weigh in if I'm not doing this right.
2412.88/956 = $2.52 (Earned per ad)
2.52/7615 = $0.00033 (average earned per ad through the duration of the showing)

If I got my definition of CPM properly, the $0.00033 would be the CPM in this specific scenario and it's not what has been touted by any streaming companies.
Or if CPM is per 1000, then it would be $0.33, which makes a lot more sense.
Still is pretty low, as normally we hear numbers ranging from $2-$4 thrown around.


This is an incorrect way to calculate CPM or eCPM.

The error of this come from double-counting ads from rebroadcasts. While 956 ads may been played, most of it was played during rebroadcast time, which have much lower concurrent average than the live broadcast. Therefore you're artificially deflating eCPM.

Much more accurate measure would be viewer-hour per ad dollar, which is roughly inline with the first-week analysis FXOBoss produced.


How is that not eCPM?
Do TV ads pay less when they run the show 3 days in a row when the same people are watching?
If the ad service providers gives less revenue for running more ads to same viewers, they are either not providing enough diverse ads or are insufficiently filling the ad demand.
Those numbers are based completely of total revenue and average concurrent viewers.
Viewer-hour per ad dollar ad would serve no purpose and would by definition NOT be eCPM or CPM.
Number of ads run per hour and number of viewers hour to hour would vary as well.

Post your edit: That number is an interesting alternative way to look at the subject, however is still not CPM or eCPM, which is how advertising companies basically define and promote themselves.
Primadog
Profile Blog Joined April 2010
United States4411 Posts
Last Edited: 2012-02-20 04:52:30
February 20 2012 04:48 GMT
#33
On February 20 2012 13:47 MrCash wrote:
Show nested quote +
On February 20 2012 13:42 Primadog wrote:
On February 20 2012 13:33 MrCash wrote:
Did this in a couple of minutes, but someone weigh in if I'm not doing this right.
2412.88/956 = $2.52 (Earned per ad)
2.52/7615 = $0.00033 (average earned per ad through the duration of the showing)

If I got my definition of CPM properly, the $0.00033 would be the CPM in this specific scenario and it's not what has been touted by any streaming companies.
Or if CPM is per 1000, then it would be $0.33, which makes a lot more sense.
Still is pretty low, as normally we hear numbers ranging from $2-$4 thrown around.


This is an incorrect way to calculate CPM or eCPM.

The error of this come from double-counting ads from rebroadcasts. While 956 ads may been played, most of it was played during rebroadcast time, which have much lower concurrent average than the live broadcast. Therefore you're artificially deflating eCPM.

Much more accurate measure would be viewer-hour per ad dollar, which is roughly inline with the first-week analysis FXOBoss produced.


How is that not eCPM?
Do TV ads pay less when they run the show 3 days in a row when the same people are watching?
If the ad service providers gives less revenue for running more ads to same viewers, they are either not providing enough diverse ads or are insufficiently filling the ad demand.
Those numbers are based completely of total revenue and average concurrent viewers.
Viewer-hour per ad dollar ad would serve no purpose and would by definition NOT be eCPM or CPM.
Number of ads run per hour and number of viewers hour to hour would vary as well.


The trick here is that there aren't 7615 people on average watching both the live and rebroadcasts.


Thank God and gunrun.
Gheed
Profile Blog Joined September 2010
United States972 Posts
February 20 2012 04:48 GMT
#34
On February 20 2012 13:31 FXOpen wrote:
Show nested quote +
On February 20 2012 13:23 Gheed wrote:
You rebroadcasted it, but you ran it right after the first airing ended. Would you not have gotten more ad revenue running it again during a better time for NA/EU viewers? Not that it would have probably made you break even, but still


We ran rebroadcasts for over 12 hours after each event, Unfortunately we were not approved to have rebroadcast events in the Calander.


Oh, that's a shame. I never noticed them.
MrCash
Profile Joined October 2011
United States1504 Posts
Last Edited: 2012-02-20 04:51:12
February 20 2012 04:50 GMT
#35
On February 20 2012 13:48 Primadog wrote:
Show nested quote +
On February 20 2012 13:47 MrCash wrote:
On February 20 2012 13:42 Primadog wrote:
On February 20 2012 13:33 MrCash wrote:
Did this in a couple of minutes, but someone weigh in if I'm not doing this right.
2412.88/956 = $2.52 (Earned per ad)
2.52/7615 = $0.00033 (average earned per ad through the duration of the showing)

If I got my definition of CPM properly, the $0.00033 would be the CPM in this specific scenario and it's not what has been touted by any streaming companies.
Or if CPM is per 1000, then it would be $0.33, which makes a lot more sense.
Still is pretty low, as normally we hear numbers ranging from $2-$4 thrown around.


This is an incorrect way to calculate CPM or eCPM.

The error of this come from double-counting ads from rebroadcasts. While 956 ads may been played, most of it was played during rebroadcast time, which have much lower concurrent average than the live broadcast. Therefore you're artificially deflating eCPM.

Much more accurate measure would be viewer-hour per ad dollar, which is roughly inline with the first-week analysis FXOBoss produced.


How is that not eCPM?
Do TV ads pay less when they run the show 3 days in a row when the same people are watching?
If the ad service providers gives less revenue for running more ads to same viewers, they are either not providing enough diverse ads or are insufficiently filling the ad demand.
Those numbers are based completely of total revenue and average concurrent viewers.
Viewer-hour per ad dollar ad would serve no purpose and would by definition NOT be eCPM or CPM.
Number of ads run per hour and number of viewers hour to hour would vary as well.


The trick here is that there aren't 7615 people on average watching both the live and rebroadcasts.


How do you know that?
They said average concurrent viewers and total ads run.
If the rebroadcast numbers don't include average viewers, than maybe the rebroadcast ads are not listed either?
That seems like a strange assumption to make.
Primadog
Profile Blog Joined April 2010
United States4411 Posts
Last Edited: 2012-02-20 04:59:41
February 20 2012 04:55 GMT
#36
On February 20 2012 13:50 MrCash wrote:
Show nested quote +
On February 20 2012 13:48 Primadog wrote:
On February 20 2012 13:47 MrCash wrote:
On February 20 2012 13:42 Primadog wrote:
On February 20 2012 13:33 MrCash wrote:
Did this in a couple of minutes, but someone weigh in if I'm not doing this right.
2412.88/956 = $2.52 (Earned per ad)
2.52/7615 = $0.00033 (average earned per ad through the duration of the showing)

If I got my definition of CPM properly, the $0.00033 would be the CPM in this specific scenario and it's not what has been touted by any streaming companies.
Or if CPM is per 1000, then it would be $0.33, which makes a lot more sense.
Still is pretty low, as normally we hear numbers ranging from $2-$4 thrown around.


This is an incorrect way to calculate CPM or eCPM.

The error of this come from double-counting ads from rebroadcasts. While 956 ads may been played, most of it was played during rebroadcast time, which have much lower concurrent average than the live broadcast. Therefore you're artificially deflating eCPM.

Much more accurate measure would be viewer-hour per ad dollar, which is roughly inline with the first-week analysis FXOBoss produced.


How is that not eCPM?
Do TV ads pay less when they run the show 3 days in a row when the same people are watching?
If the ad service providers gives less revenue for running more ads to same viewers, they are either not providing enough diverse ads or are insufficiently filling the ad demand.
Those numbers are based completely of total revenue and average concurrent viewers.
Viewer-hour per ad dollar ad would serve no purpose and would by definition NOT be eCPM or CPM.
Number of ads run per hour and number of viewers hour to hour would vary as well.


The trick here is that there aren't 7615 people on average watching both the live and rebroadcasts.


How do you know that?
They said average concurrent viewers and total ads run.
If the rebroadcast numbers don't include average viewers, than maybe the rebroadcast ads are not listed either?
That seems like a strange assumption to make.


I enjoy tracking data, so I have an idea of the general range of where FIS#5 runs on average. It's unlikely that 7615 number represent an average that includes rebroadcast when this is their best day:

[image loading]
Note that the http://pe.nitrated.net/ tracker refreshes at 3minute intervals. Hence the instanenous concurrent peak would be higher than the tracked concurrent peak.

Consider, for example, if you have 8k people watching live, 4k watching the first rebroadcast, and 2k thereafter watching the 2nd rebroadcast on the average. the 956 ads break down evenly to each of these three time slots. Therefore:

2412.88 / ( 8k * 956 / 3 + 4k * 956 /3 + 2k * 956 / 3) = 0.00054

or a eCPM of $0.5 per thousand. Not great, but at least closer to the quoted CPM and known fill rates.
Thank God and gunrun.
MrCash
Profile Joined October 2011
United States1504 Posts
Last Edited: 2012-02-20 05:03:47
February 20 2012 05:02 GMT
#37
On February 20 2012 13:55 Primadog wrote:
Show nested quote +
On February 20 2012 13:50 MrCash wrote:
On February 20 2012 13:48 Primadog wrote:
On February 20 2012 13:47 MrCash wrote:
On February 20 2012 13:42 Primadog wrote:
On February 20 2012 13:33 MrCash wrote:
Did this in a couple of minutes, but someone weigh in if I'm not doing this right.
2412.88/956 = $2.52 (Earned per ad)
2.52/7615 = $0.00033 (average earned per ad through the duration of the showing)

If I got my definition of CPM properly, the $0.00033 would be the CPM in this specific scenario and it's not what has been touted by any streaming companies.
Or if CPM is per 1000, then it would be $0.33, which makes a lot more sense.
Still is pretty low, as normally we hear numbers ranging from $2-$4 thrown around.


This is an incorrect way to calculate CPM or eCPM.

The error of this come from double-counting ads from rebroadcasts. While 956 ads may been played, most of it was played during rebroadcast time, which have much lower concurrent average than the live broadcast. Therefore you're artificially deflating eCPM.

Much more accurate measure would be viewer-hour per ad dollar, which is roughly inline with the first-week analysis FXOBoss produced.


How is that not eCPM?
Do TV ads pay less when they run the show 3 days in a row when the same people are watching?
If the ad service providers gives less revenue for running more ads to same viewers, they are either not providing enough diverse ads or are insufficiently filling the ad demand.
Those numbers are based completely of total revenue and average concurrent viewers.
Viewer-hour per ad dollar ad would serve no purpose and would by definition NOT be eCPM or CPM.
Number of ads run per hour and number of viewers hour to hour would vary as well.


The trick here is that there aren't 7615 people on average watching both the live and rebroadcasts.


How do you know that?
They said average concurrent viewers and total ads run.
If the rebroadcast numbers don't include average viewers, than maybe the rebroadcast ads are not listed either?
That seems like a strange assumption to make.


I enjoy tracking data, so I have an idea of the general range of where FIS#5 runs on average. It's unlikely that 7615 number represent an average that includes rebroadcast when this is their best day:

[image loading]
Note that the http://pe.nitrated.net/ tracker refreshes at 3minute intervals. Hence the instanenous concurrent peak would be higher than the tracked concurrent peak.

Consider, for example, if you have 8k people watching live, 4k watching the first rebroadcast, and 2k thereafter watching the 2nd rebroadcast on the average. the 956 ads break down evenly to each of these three time slots. Therefore:

2412.88 / ( 8k * 956 / 3 + 4k * 956 /3 + 2k * 956 / 3) = 0.00054

or a eCPM of $0.5 per thousand. Not great, but at least closer to the quoted CPM and known fill rates.


While a very pretty chart, it's still a lot of assumptions.
Assuming that average numbers for rebroadcasts from one day of views.
Assuming the total ads run is actually total for everything, while other numbers are exclusive to certain times.
Either we can draw conclusions assuming the numbers given to us are accurate or we can't draw any conclusions at all.
The more assumptions you ad to the equation, the less valuable the conclusion.
From what you are showing there, that seems to be rather accurate for that one day, but that's as far as I can reasonably agree.
Befree
Profile Joined April 2010
695 Posts
February 20 2012 05:06 GMT
#38
I feel like I watched the rebroadcasts much less than I would have otherwise because of it not being on the TL calendar. Is there anyway you guys could get approved for that this next time?

I can't remember how exactly it was setup but there were many times I'd go on the rebroadcast after finding it and be like "Wow, I can't believe there are these great games on here right now and it's not under "On Air:" I have to imagine there were many people who would have otherwise been watching that rebroadcast if it were listed more prominently.

I'm also curious on the sponsorship issue. Maybe I misunderstand what "434,895 Unique Visitors" means, but isn't that a huge amount of awareness for your sponsor? I guess I just don't see why this isn't "reliant" enough. Isn't this appealing to sponsors, why would they all leave?

I look forward to the next tournament. Should be fun .
FXOpen
Profile Joined November 2010
Australia1844 Posts
February 20 2012 05:09 GMT
#39
On February 20 2012 14:06 Befree wrote:
I feel like I watched the rebroadcasts much less than I would have otherwise because of it not being on the TL calendar. Is there anyway you guys could get approved for that this next time?

I can't remember how exactly it was setup but there were many times I'd go on the rebroadcast after finding it and be like "Wow, I can't believe there are these great games on here right now and it's not under "On Air:" I have to imagine there were many people who would have otherwise been watching that rebroadcast if it were listed more prominently.

I'm also curious on the sponsorship issue. Maybe I misunderstand what "434,895 Unique Visitors" means, but isn't that a huge amount of awareness for your sponsor? I guess I just don't see why this isn't "reliant" enough. Isn't this appealing to sponsors, why would they all leave?

I look forward to the next tournament. Should be fun .


The problem with sponsorship is who those 400k viewers actually are. Its hard to identify their financial bracket, and thus their value. And sponsors sometimes find it hard to support something they know very little about.

At the same time, the same amount of money can be spent on more solid exposure.

The only reason I would see sponsors leaving is a) they get no value for money or b) they have their own personal financial problems.
www.twitter.com/FXOpenESports
Primadog
Profile Blog Joined April 2010
United States4411 Posts
Last Edited: 2012-02-20 05:18:44
February 20 2012 05:10 GMT
#40
On February 20 2012 14:02 MrCash wrote:
Show nested quote +
On February 20 2012 13:55 Primadog wrote:
On February 20 2012 13:50 MrCash wrote:
On February 20 2012 13:48 Primadog wrote:
On February 20 2012 13:47 MrCash wrote:
On February 20 2012 13:42 Primadog wrote:
On February 20 2012 13:33 MrCash wrote:
Did this in a couple of minutes, but someone weigh in if I'm not doing this right.
2412.88/956 = $2.52 (Earned per ad)
2.52/7615 = $0.00033 (average earned per ad through the duration of the showing)

If I got my definition of CPM properly, the $0.00033 would be the CPM in this specific scenario and it's not what has been touted by any streaming companies.
Or if CPM is per 1000, then it would be $0.33, which makes a lot more sense.
Still is pretty low, as normally we hear numbers ranging from $2-$4 thrown around.


This is an incorrect way to calculate CPM or eCPM.

The error of this come from double-counting ads from rebroadcasts. While 956 ads may been played, most of it was played during rebroadcast time, which have much lower concurrent average than the live broadcast. Therefore you're artificially deflating eCPM.

Much more accurate measure would be viewer-hour per ad dollar, which is roughly inline with the first-week analysis FXOBoss produced.


How is that not eCPM?
Do TV ads pay less when they run the show 3 days in a row when the same people are watching?
If the ad service providers gives less revenue for running more ads to same viewers, they are either not providing enough diverse ads or are insufficiently filling the ad demand.
Those numbers are based completely of total revenue and average concurrent viewers.
Viewer-hour per ad dollar ad would serve no purpose and would by definition NOT be eCPM or CPM.
Number of ads run per hour and number of viewers hour to hour would vary as well.


The trick here is that there aren't 7615 people on average watching both the live and rebroadcasts.


How do you know that?
They said average concurrent viewers and total ads run.
If the rebroadcast numbers don't include average viewers, than maybe the rebroadcast ads are not listed either?
That seems like a strange assumption to make.


I enjoy tracking data, so I have an idea of the general range of where FIS#5 runs on average. It's unlikely that 7615 number represent an average that includes rebroadcast when this is their best day:

[image loading]
Note that the http://pe.nitrated.net/ tracker refreshes at 3minute intervals. Hence the instanenous concurrent peak would be higher than the tracked concurrent peak.

Consider, for example, if you have 8k people watching live, 4k watching the first rebroadcast, and 2k thereafter watching the 2nd rebroadcast on the average. the 956 ads break down evenly to each of these three time slots. Therefore:

2412.88 / ( 8k * 956 / 3 + 4k * 956 /3 + 2k * 956 / 3) = 0.00054

or a eCPM of $0.5 per thousand. Not great, but at least closer to the quoted CPM and known fill rates.


While a very pretty chart, it's still a lot of assumptions.
Assuming that average numbers for rebroadcasts from one day of views.
Assuming the total ads run is actually total for everything, while other numbers are exclusive to certain times.
Either we can draw conclusions assuming the numbers given to us are accurate or we can't draw any conclusions at all.
The more assumptions you ad to the equation, the less valuable the conclusion.
From what you are showing there, that seems to be rather accurate for that one day, but that's as far as I can reasonably agree.


...

You do realize that the the chart roughly graphs a single live broadcast, and that the leveling off at 5k signals the start of the first rebroadcast period.

Again, this chart comes from the best day of FIS#5 (last day). My example simply shows how to properly calculate eCPM, which demonstrates why your calculation is wrong for every case except for when live viewership = rebroadcast viewership.
Thank God and gunrun.
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