YouSaid · the spoken record

Jared Schwartz

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49
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2018-10-19
most recent
2018-10-19
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1
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  1. I think Yogi's right that there are some people out there that want to watch the game more pure. But I have a pretty strong conviction that the younger generation, there's very few kids like that. The kids do want the fanfare around it. They don't want to just sit down for three and a half hours and put their phone away and just watch the game pure. And I think for a lot of it, it does come down to this idea of FOMO. I think one of the reasons why live sports has always been so popular is like you don't want to miss out on that moment. I don't even DVR games anymore because I'm so afraid that I'm going to see the result on my phone. You want to have that moment, that impact. And I think when you can see the highlights on Twitter instantaneously, I'm basically participating anyway. So there has to be something about the broadcast that doesn't quite translate to a highlight that might actually get me to watch.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  2. What I've seen broadcasting games is that the games and the viewers are becoming even more pure. It's kind of like people talk about the violence in football specifically. I love the targeting penalty. I love when we're trying to clean up the game for my kids and their kids. And I think the same's happening overall in viewership. Like you're only watching it. If you really love it, like if you love Stanford football, you're going to tune in this weekend on the Pac-12 Networks. If you are curious about Bryce Love or KJ Costello, you'll see the highlights. And I just think that's where we're at. Outside of the top two or three games a week, maybe that are like epic games. Overall, viewers are being like, y'all, I'm rolling with my team. I even feel that way as a consumer. If I watch a game and I'm kind of like, man, like, you're just giving me the general stuff right now. Give me two, three deep on the depth chart. Give me the backstories behind these guys. And I think as viewers, myself included as a consumer, I want more.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  3. You're aware, you're being observed. And for these kids, it's not just a camera, but that video is going to be seen by tens of millions of people. And it's hard not to keep that in your head. And you hear coaches complain about it all the time. They're like, don't play for the camera. Don't play to be on overtime. Try to play fundamentally.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  4. Think it does sometimes affect the play on the court. I mean, Jeff and I were playing basketball this morning. If someone had a camera out there, I would have noticed it. And it might have affected how I played. As soon as there's a light on you

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  5. I think it changes a lot. I think it changes with the student athletes to start. We ask every quarterback every season and we look at a thousand of them and whittle it down to the top 12. One's the MVP, the other are the Elite 11. These are the top high school kids in America. And we ask them the same question, which is, do you love what football does for you or what you can do for the game? Coaches are really struggling figuring it out because who doesn't like getting loved up at 16 with scholarship offers, tweets, letters, cool gifs, great images you could post on your own platform that are created by other institutions.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  6. I love the fact that student athletes have the platform at a young age. I think it's amazing. They've earned it. That's what sports are. But you got to surround yourself or be given some tools to prepare for this. And a lot of times you get burned. You know, like, man, I didn't think that was going to be the headline for me. I didn't mean it to be, but that was a lesson.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  7. I mean, even you think recently about the whole Colin Kaepernick, you know, these 30 years old and obviously has a lot of influence and is able to make a decision and stand by his word. But Zion, when he was 16, had almost as much influence as Colin did at that point. And as a 16-year-old really ready to do that

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  8. You are. You are told constantly, you're the top quarterback in the country. You're supposed to be the dude. You got major issues around anxiety, depression, identity, and social media is only ramping up. What are the character traits that you want to share? And are you sharing them should be like required coursework every semester of a student athlete's career in college, let alone when they get their first recruiting letter?

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  9. It's a different type of branding. I see the top 24 high school quarterbacks every year that have hundreds of thousands of social media followers and are told they are supposed to be this. And they're still trying to figure it out. So what I think is so critical for high school student athletes is to help give them tools. What are 50 things you want to do in life? Not necessarily win every Super Bowl or MVP or Heisman Trophy. What are 50 things you want to do? That is a step that gets missed when student athletes get to college because coaches don't have the time. And all of a sudden what happens? You have an identity that is told

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  10. Yeah, there's immense pressure. For some kids, it's a good thing and it makes them mature really quickly. And then you have other athletes that come in and they couldn't care less who they're interacting with. All of that is magnified by what you do in social media. I mean, I've seen countless athletes write these really long Instagram captions and every other world will be capitalized and there'll be all these spelling errors and they are broadcasting to millions of people.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  11. And now I think you're finding athletes, even college athletes, figuring out their brand. If you're going to put content down there, don't just put it out there, but have a purpose behind it. People who have great access to be popular are learning they have to refine their craft and be like, dude, what is my lens into this world of millions of channels? Because I better have one or I'm just going to kind of get lost in the shuffle.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  12. That's exactly right. I mean, he's not the best basketball player in the country. No one would argue that, but people want to see him. There's something about him, both his play on the court and also who he is off the court that makes him enigmatic.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  13. So I'll use an example of a guy named Mac McClung. This is a kid that had maybe 30,000 Instagram followers at the beginning of this past season, got a lot of coverage, partially from us, and now probably has 600,000 Instagram followers. I would say that most of the basketball population does not believe he's going to go to the NBA. I do because I'm a supporter. But this kid is a legit celebrity now. This guy can have a ton of brand endorsements once he leaves college. There are a lot of different things that he can do because of what social media has done for him

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  14. And as you said, Yogi, it's not just about your skill. I mean, Lamello Ball, 3.5 million followers on Instagram might not even make the NBA. So I think the social cachet that these guys have, that's actually how we decide who we want to cover, not necessarily by who's the best. It's who's the most interesting and authentic to this audience

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  15. So, how does this new exposure on all kinds of levels to these younger athletes playing in games that didn't used to be covered before? How does that start to affect the way these athletes are perceived or even think of themselves?

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  16. And you want it very raw. There's something about someone using an iPhone that it just feels very immediate like you're so close. There are some plays that we have that are shopped both of an iPhone and a real camera. And we've tested this on Instagram and it actually performs better when you shoot it with an iPhone.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  17. One of the early go-to's on overtime was the reaction shot. One part of their business's highlights and they capture highlights that previously weren't captured anywhere near the breadth they were captured in. And so, you know, athletes, amazing high school plays that you never would have seen. You now see all the time. And one of the things that happens, like after a brutal dunk The fans, the camera scans the fans, and the fan, the reaction shot. And I just kind of like, you know, just whatever it is. The crowd goes insane.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  18. So now I'm going to totally date myself, but it reminds me of when you used to try and make a mix of the radio, like, hold on one second, let me press play. And you would, of course, you never had the first 10 seconds of any good song. Yeah.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  19. The problem with highlights is you never know when the good play is going to happen. So we built a technology we call flashback where the game is streaming through memory the whole time. It's not saving it because we don't live stream games. But when something happens, you press a button and it goes back 12 seconds and it lifts it and it sends it automatically to our server. So if you're in a gym with low network, which is most gyms, our clip will be the first one out of there. And then we can put it on social media right away. And then everyone is sharing that clip.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  20. I think more than ever, it's personality driven content. I mean, if you ask a kid what team they root for, I would say most kids in America right now say the Lakers because they're really a LeBron fan. We think about all the time what talent actually resonates with this audience. And it might be a 19 year old. One of the keys to that has been focusing on this idea of the next generation of superstars. Who's next up? And I think that it's sort of a white space that a lot of traditional sports media companies have really ignored for a long time. covering this next generation of superstars. First of all, you want that immediacy. You don't want to wait two days later for the coach to go through his film and then he sends it to the actor. No, I don't care.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  21. I think that that relates to this idea of relating to athletes over teams. Like, you know, I can connect with fans of Kyle Kuzma. Like in the pre-digital age, you couldn't really do that. It was like you saw someone in a Lakers jersey. Okay, we're all Lakers fans. I couldn't find that many people that were obsessed with the same player or were obsessed with a particular idea about analytics. So I think it allows your fandom to go a little more specific.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  22. I mean, So, how do you see these niche communities sort of spilling over or pushing out into the larger media landscape? If we're in the moment of like beanie babies eBay for like sports media, like where does that lead to?

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  23. Yeah, it's interesting, right? Because that's so much of what the internet has been from the very beginning this little niche communities, and now it's sort of niche audiences or niche moments of the game. I mean, with eBay, it was initially, wasn't Beanie babies like a big part? Beanies.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  24. That's four. I just want to watch Aaron Rodgers Tom Brady, Russell Wilson, and Pete Carroll on Sundays. Those are my guys, those are my teams. College football, I want to see it all. I think it'll be more things on the menu versus a come to that high-end restaurant where they kind of tell you a fixed menu. You'll be able to pick and choose what you want because we can download any type of option we want.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  25. We've tried to manipulate and sell and optimize so many parts of the game, then maybe that becomes the niche thing of let me just tune in when it really matters, specifically in the NFL where every game comes down the last few minutes of the game or the NBA. I think each sport will kind of find their thing. You know, college football has a specific audience. International soccer has a specific audience. NFL clearly has a specific audience. And NFL audience right now is kind of like, man, I don't really know if I want anything other than the game. College football fans, we want the pageantry from all the essence and evervescence of a campus. So I really think it goes down to the sport and everyone who watches the sport has a different palette.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  26. The legacy business is under siege, but then that does create opportunities. And the tools are different. All of a sudden, you have all these different tools you can bring to bear. You've got all these new formats on Snap, on YouTube, on Instagram, going to where the fan is, you've got streaming all over the place. I'm a Stanford football freak. I'm one of the biggest streamers off the Pac-12 app because the women's soccer teams on the road, that's the only place I can find it.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  27. That needs to evolve really quickly, MLB, their idea of broadcasting baseball game with Facebook was to just put the broadcast and put it on Facebook. And I don't think that that works. Like the people that are on Facebook, they know that the game is on TV. They're just not turning it on. So you can't put the same product in front of them and expect them to watch it. And so, I mean, and it gets back to what I'm talking about, you need to change the nature of the game and the actual content, more storytelling, more interactivity. And look, it's risky. Like you may actually, the first time you do that put out a product that's worse, but you need to take those steps in order to figure out what actually works

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  28. Like Pac 12 networks, we're in a really fun spot because we own all of our rights. And sometimes we'll be able to potentially make two deals by the time some of the other conferences are up just once.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  29. Well, I think that gets back to your early question of how does the broadcast actually change because you could imagine a world where four or five years from now, the broadcast looks very different and technology is used to have 10 different broadcasts and all of a sudden maybe more kids are watching. I don't think that it's predetermined that viewership will go down. And there are some stats that point the other way. The NFL this past weekend viewership was up compared to last year. So I don't think there's a 100% chance that viewership continues to go down. And then you also have First of all, new players in the market. the last time most of the big rights deals were up, you didn't have Facebook and Amazon and Apple bidding for them. And then you also have new rights categories. You have VR, which didn't exist 15 years ago as a rights category. So I think there's too much going on to say that the media rights will definitely decline in value, but that's why innovation needs to happen.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  30. I mean, you'd think so, except attendance is also down. Oh, really? In a lot of the viewership is down. I just read the number of unredeemed season tickets is increasing. They're selling the tickets. Just fewer fans are showing up. So there's something inherent in, you know, it could be generational.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  31. Multiple times and it hasn't happened yet. So I could be wrong too. Gaming comes in and replaces the media, the license rights and things like that. But it certainly creates a lot of turmoil along the way.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  32. Sports is a business at a big crossroads, and they need to figure out how to go direct to consumer. They need to stream. They need to do a whole bunch of things. And I think they all know it, but there's so many impediments to doing it, including these long-term rights deals. This is controversial and there are lots of different points of view on it. I believe the leagues, we're betting that the viewership would go down. If you're going to cut a deal when you think viewership's going to do, what do you do? You cut a really long deal. And so all the major sports leads cut 10, 12 year deals for billions of dollars, but it locks in an annuity of money for some period of time. The interesting thing comes when these deals start having to be renewed. And so what happens if ESPN has half the viewership when the NFL deal comes up? Are they going to bid? Are they going to bid? And that derivatively impacts the value of sports teams. Now, the value of sports teams haven't gone down since I've been alive and I've been alive a while. So, I mean, people have been calling the top.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  33. If we start seeing all this play out given these big economics of sports and sports media from the player contracts to the owners to the clubs to the investors, how are these deals going to start getting renegotiated when all these different models are coming? You know, when this earthquake is happening.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  34. I'll give you a good example of how storytelling just has to improve. So we publish a lot of content on YouTube. And on YouTube, you can see these retention charts. You can see exactly what percentage of your audience is watching at every single minute. And that's like our Bible. Like we look at every single piece of content and we see, oh, between minute two and two minutes and 10 seconds, we lost 20% of our audience. What did we do there?

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  35. As a broadcaster, I think it'd be hilarious if Ted Robinson and I got voted off the Rhode Island. But I think fans would just go like, they would just vote us off if their team was losing. I get told every week I should retire and I'm the greatest based on whoever wins and loses. So I think that'd be hilarious to try it out. So maybe we can be your test dummies.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  36. I think the audience has to be able to participate. So, I mean, this is a wacky idea, but we've had thoughts about, okay, if you have two or three broadcasters, how can you make it so that the audience votes and then one of the guys has to be in like a penalty box and then can't talk for five minutes? If you were doing something like that every five minutes during a broadcast, I think kids would want to watch. For new fans, it's about the culture around the game. They want to see what guys are wearing leading up to it. What are the fans thinking? So I think it comes down to engagement and gamification and making it feel digital first.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  37. Whether that's in 15 seconds or three and a half hours, you got to keep bringing me back. So I would hope if you tuned into our game, you could tune at any point, but be brought back to the theme of what the hook was of the game and check back in with us. Because I know you're not sticking around for three and a half hours.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  38. You spend the whole week diving into the team. That's why college football to me is so much more unique than basketball or baseball because the amount of games is so less. I look for a theme and I'm trying to set a theme and hook you with that theme and bring you back every single opportunity.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  39. Think about it when we get an alert after a game, it's so and so throws for 350 yards and four touchdowns, right? I may have missed the game, but just looking at the alerts, I have an vibe. So to your point of making sure that you're hooking them as an analyst, can I get you to lift you up off of the alert even and be like, whoa, what did he just say? And again, even if it's just one thought or one minute video, I think that will continue to build the tribe that maybe old school networks quote unquote allow people to drop into, right? You got to bring it to get you to stay, it's like, I got to cook you dinner, give you dessert, tuck you in bed, tell your three stories, and give you a gift and like wake up in the morning with like breakfast in bed.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  40. Yeah, and it's cool to see sort of like these professional athletes interact with high school kids, but I'm even talking, like how can we bring our influencers to the table to call the game? How can we make it more Twitch style?

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  41. Think you hear this word thrown out all the time, but I do think it really has to be interactive. I do believe there is a way to do an MBA broadcast that's more interactive, that's gamified, that has other elements to it that gets kids actually watching. So we've spoken to a few teams and regional sports networks about how we can sort of bring our flavor of younger content and our younger audience to live sports.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  42. Obsessively. You got to come correct. No longer are there three or four channels that were just by default going to watch and even no longer are there twenty-three banging cable channels like there are millions of outlets in every one of us are an outlet and are a production company whether that's our Facebook page our YouTube channel Instagram TV I think it's gonna make the storytellers even better and hopefully make those stories even richer

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  43. I work with high school quarterbacks in the offseason. So I kind of use the high school guys as researcher. What are you guys watching? How long should it be in the college space that's clearly dropping? I think what is increasing is the appetite. So I think for artists and creatives, what's really fun for us is like, okay, how do we get on your phone? And how do we keep you there? Or how do we get you onto a link or God forbid onto a TV channel and keep you there? It's the greatest time right now for storytellers because we have to utilize the questions how and why.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  44. It's splintering like crazy. You're not being forced to watch the one thing they curate. If you're into the luge, you know, you can watch the luge because there's demand for the luge. And so they're fulfilling demand not with one stream, but with tons of streams.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  45. A friend of mine manages NBC Universal and they have the Olympic rights. And it used to be 20 years ago. The audience all watched one channel. Now they estimate their audience is about the same size in spite of chord cutting, but they now produce content on multiple channels as well as websites and streams, and they think their aggregate audience is the same. Oh, that's interesting. It's just fragmented across channels.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  46. Think it's a really interesting time. You have all these organizations paying billions of dollars for these rights. And yet particularly the next generation are not watching traditional live sports as much. That to me is the crux of it because there is so much money there and there's so much potential audience that I think everything that we're seeing beneath the surface is caused by that.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  47. The bundle of a game is declining in eyeballs, but then there are elements of that game that show up everywhere. I asked my friends at ESPN why you guys just have two heads yelling at each other now. What happened to all these great highlights? They go, well, the highlights are everywhere that doesn't differentiate anyone.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  48. Oh, just a phenomenon. I mean, I grew up waiting for Sports Illustrated to come to the door and would consume it cover to cover. And so that's now gone. And what's driven, the constantly escalating value of the sports teams is almost exclusively these media dollars that have flown in. But media dollars typically follow eyeballs. And if eyeballs are declining rapidly, the media dollars disappear. What replaces them? It's an interesting overlay to the economics of the leagues and the teens.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source

  49. Think sports media is at a massive crossroads. If you kind of go back 10, 20 years, it was a few channels doing the must-see game that almost everyone saw in real time. Fast forward, you've got chord cutting happening massively, consumption of the linear broadcast has changed dramatically. The iconic sports media properties, ESPN and Sports Illustrated are both in decline. Sports illustrated, they're like trying to give it away. I mean, it's now down to like a dozen issues a year and literally they're trying to sell it and they're not finding any buyers.

    2018-10-19 · a16z Podcast · a16z Podcast: Eyeballs on the Game · IDENTIFIED FROM THE TRANSCRIPT · source