System and method for dynamic generation of video content

Abstract

An automated system method for dynamically generating a composite video clip by a computer. In some embodiments of the invention, a template may be provided including at least one digital media asset and one or more placeholders, each placeholder associated with a respective dynamic content object and a respective layout. The system and method may extract from one or more websites, for example, e-commerce sites, data items corresponding to each of the dynamic content objects, and generated a composite video clip including the media asset, wherein the dynamic content objects are replaced with respective extracted data and presented in association with the media asset based on their respective layouts.

Description

CROSS REFERENCE TO RELATED APPLICATIONS[0001]This application is both a continuation of U.S. patent application Ser. No. 12 / 490,688, filed Jun. 24, 2009, which is a continuation-in-part of U.S. patent application Ser. No. 12 / 127,873, filed May 28, 2008, and a continuation-in-part of U.S. patent application Ser. No. 12 / 127,873, filed May 28, 2008, which in turn claims priority from U.S. Provisional Application No. 60 / 940,977, filed May 31, 2007, all of which are incorporated herein by reference in their entirety.FIELD OF THE INVENTION[0002]The present invention generally relates to video production, and more particularly to a Web application system for online video producers and advertisers, affordably enabling ad conception to campaign rollout in real-time.BACKGROUND OF THE INVENTION[0003]The advertising market generates approximately a hundred billion dollars a year in America alone and is a huge force within the global economy. Without advertising, manufacturers and service provid...

AI Technical Summary

Benefits of technology

[0036]Accordingly, it is a principal object of the present invention to enable the advertiser to create video advertisements himself, ads that are compatible with the Internet, TV and cellular networks, at a competitive price and with full creative flexibility.

[0037]It is one further principal object of the present invention to dramatically decrease video ad production cost, while speeding up the production and creation process.

[0038]It is one added principal object of the present invention to enable ad conception to campaign rollout to all be done in real-time.

Problems solved by technology

Without advertising, manufacturers and service providers would not be able to make themselves known to the public.

Because of its impact and accountability, pre-roll video is in high demand, but supply is limited and execution is complex.

The most effective and TV-like form of online video advertising is found in the pre-roll format, but inventory is limited because of the limited amount of content publishers offer.

Video production costs are still extremely high.

One of the mistakes of the past is to assume that content from traditional media could be repurposed for the Web.

Magazine ad pages didn't translate to the Web successfully and neither will 30-second TV spots.

While this engagement with the medium means people are paying attention (and are poised to take advantage of the Internet's unique interactivity), it also means they are somewhat impatient.

Before Google campaign change necessitated intervention of the advertising company's representative and therefore the nature of change was slow and infrequent.

Video advertising on the Internet is still not widely used, mainly because of the high production price involved.

Even though it is possible to run low budget campaigns, production costs are what prevent small companies from using this option.

In light of the high production cost, few small businesses use television as an advertising platform.

This creates a time limit on the viability of each advertising minute on TV.

Within that, there are a lot of advertising minutes that could be sold at a price that would be affordable to small businesses; however selling these “unused” time slots poses two challenges:

One challenge is the production cost of the advertisement that stands at tens of thousands of dollars;

The second challenge—before Google, the treatment and selling of broadcast time on the Internet was done manually and therefore there was no financial justification for low budget businesses to be involved.

Here too, the central problem remains the production cost of the advertisement itself.

In this type of production, many professional personnel are involved—screenwriters, filmmakers, narrators, recording artists, actors and editors—and therefore a quality production would not succeed without a budget of tens of thousands of dollars.

In this case, the process itself would be complicated because it requires a search in a number of different libraries to find video clips, voice and effects.

It is a complicated process to be the middleman between the production and the client because the latter cannot be involved in the creation process itself, but will only receive the finalized product.

If the client wants to participate in the production process, the time of the production would lengthen, and the price would rise.

This method has two central disadvantages.

First, the production process is limited in its ability to involve the advertiser; and

Second, there are limited templates to choose from because they were prepared by company employees whose job it is to create templates.

4. Filming the advertisement based on self-production alone. In this case, the cost of production would be very low, however the quality of the final result is uncertain.

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