NBCUniversal Studio Group's David O'Connor on turning films into branded IP
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00:00And David, I have to imagine that some of that, whether or not it's from them or other places,
00:04that engagement probably informs some of your decisions, particularly on extending
00:10or new content features and things like theme parks and how you would potentially develop that.
00:17How do you think about the extensions of content into areas that are not just on screen,
00:23but are actually experiential? And particularly, we talked about this backstage, but like Universal
00:28Studios and things of that sort. How do you use that to your advantage?
00:35Well, it's interesting. I think for us, you know, it oftentimes starts at the pre-Greenlight phase.
00:41We're kind of lucky and it's unique at our company where production and marketing and franchise
00:46management all have a seat at the table. And then you look at what is inherent, whether it's the
00:52content, the characters, the iconography. I think Wicked is a perfect example where, I think,
01:00early on, we knew we had something that was special. And, you know, our filmmakers had such a vision for
01:07it. The talent both in front of and behind the camera was just so impressive. And then we were
01:13building sort of these practical sets. We weren't using much blue screen. And so that was a moment
01:20where we said we have to invite our partners into this process. And so we actually held a Wicked Fair
01:27while we were shooting in London. We had over 200 partners, licensees, promotional partners, media
01:34partners, digital platforms, exhibitors, and really invited them into the process as we were building
01:41out both our short-term plan to basically invite audiences to see that on the big screen, but also a
01:48long-term plan that would ultimately allow us to engage with long-term experiences, theme park
01:56attractions, immersive retail. So again, I think it starts with the DNA of the property. And if you
02:04really have passion for it and you really believe in it, you ultimately, like I said, start to think
02:09about it in the short term. For us, it's always to succeed at the box office. But certainly, if you can
02:15build a brand off of it, you start to think about that in the long-term as well.