Pivot to Video

Noun ยท Idiom · Startup & VC · Origin: 2016

Definitions

  1. Pivot to Video was a widely criticized strategy in digital media during 2016-2018 where numerous news and content organizations laid off writers and editorial staff to redirect resources toward video production, believing that video content would generate more revenue through advertising and social media distribution. The pivot was largely driven by Facebook's inflated video view metrics (which the company later admitted to overstating by 60-80%) and the perceived shift in user attention toward video. Media companies like Mic, MTV News, Vocativ, Fox Sports, and many others executed dramatic pivots, often devastating their text-based newsrooms. Many of these organizations subsequently shut down or dramatically downsized after the video strategy failed to deliver the promised advertising revenue. The term became a cautionary tale in tech and media about the dangers of following platform metrics without skepticism, abandoning core competencies for unproven strategies, and letting platform incentives dictate editorial strategy.

    In plain English: A strategy from 2016-2017 where many media companies ditched written articles for video content, chasing ad dollars that mostly never materialized. Now used as a cautionary tale.

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