Thursday, March 11, 2010

The Value of IMDB.com's Data

'Data is the next intel inside' refers to data being more valuable than proprietary software licenses and the need for businesses to establish a data strategy. Many web applications offering low functionality, achieve great success through appropriately harvesting and managing data. Today I am going to analyze the role data management has played in the success of IMDB.com (Internet Movie Database).

IMDB hosts data about movies, actors, fictional characters, television episodes and video games. The company operates as a subsidiary of Amazon.com after a deal was struck in 1998. This allowed Amazon to advertise on the site and ensured the data would remain available to the army of volunteers who contributed to the site’s content (Wikipedia, 2010).

Data is submitted by public contributors, verified by paid managers and published on the site (Wikipedia, 2010). This data is then enriched through user interactions such as ratings, reviews and comments. Interestingly, unlike Facebook’s business model IMDB do not take ownership of the data users upload (IMDB, 2010). This may help to manifest trust and loyalty amongst its users.

Data hosted by IMDB has been accumulated since 1990 (IMDB.com, 2010) and is fundamental to the company’s revenue. The quantity of data hosted would be very expensive and time consuming to recreate which has secured the organization as a dominant player in the industry.

IMDB content can be used to power movie, television or celebrity projects and is marketed as authoritative and accurate information (IMDB, 2010). This data is sold as a subscription at $15000 per year as of March 1, 2010. Clatworthy (2010) suggests this will lead to no free application programming interfaces(APIs) being publicly available. Lack of APIs may have a walled garden effect and mean data is not extended beyond the limitations of IMDB’s functionality and data harvesting capabilities. In this linked article O’Reilly has outlined some applications an IMDB API could enable (O’Reilly, 2006).

In summary, IMDB illustrates how valuable data is however, O’reilly (2005) states

we expect the rise of proprietary databases to result in a Free Data movement”

and this is already on the horizon with omdb.org(Open Movie Database) gaining momentum. If IMDB wants to stay competitive they may need to freely share their databases otherwise an open data solution may reel in its dominance.

References

Clatworthy, D. (2010). IMDB API.

Retrieved March 11, 2010 from http://www.deanclatworthy.com/IMDB/


IMDB. (2010). IMDB 15th Anniversary.

Retrieved March 11, 2010 from http://www.IMDB.com/features/15thanniversary/

IMDB. (2010) . IMDB Copyright and Conditions of Use.

Retrieved March 11, 2010 from http://www.IMDB.com/help/show_article?conditions

IMDB. (2010) . Authoritative and Accurate Information about Movies & Television.

Retrieved March 11, 2010 from http://www.IMDB.com/licensing/

MacDonald, D. (2008). Official IMDB API Where are you?.

Retrieved March 11, 2010 from http://derekmd.com/2008/11/official-IMDB-api-where-are-you/

O’Reilly, T. (2006). IMDB API.

Retrieved March 11, 2010, from http://radar.oreilly.com/2006/05/IMDB-api.html

O’Reilly, T. (2005).. What is Web 2.0.

Retrieved March 11, 2010 from http://oreilly.com/pub/a/web2/archive/what-is-web-20.html?page=3

Multiple Authors. (2010). IMDB.

Retrieved March 11, 2010 from http://en.wikipedia.org/wiki/Imdb

1 comment:

  1. Good point, Jack. Today, web is not just an information provider or a tool. It is a data-driven application and also more about data management. The success of web most likely depends on the data which is unique and can be reused.

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