Method for establishing a price of an entertainment event by group concensus
First Claim
1. A method of establishing a preferred offer price for a television program to be offered by a service provider for delivery to a plurality of interactive set-top boxes for viewing by subscribers, said method comprising:
- gathering subscriber information related to the subscribers'"'"' interest in the television program via a communication link to the plurality of interactive set-top boxes;
from said subscriber information, calculating an estimated direct revenue generated from subsequent purchases of the television program by the subscribers, as a function of an offer price for the television program and performed by a processing means controlled by the service provider;
determining by the processing means an optimal direct price at which said direct revenue is maximized, wherein said preferred offer price is determined according to said optimal direct price.
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Accused Products
Abstract
An information network, such as an interactive set-top box, is provided to a subscriber. Through interaction with the set-top box, a subscriber may indicate his or her interest in a specific television or video program to be offered by a service provider and the price he or she would be willing to pay for it. This information is communicated to the service provider over a communications link, such as the Internet. The service provider uses the information to determine the offer price of the television or video program.
93 Citations
36 Claims
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1. A method of establishing a preferred offer price for a television program to be offered by a service provider for delivery to a plurality of interactive set-top boxes for viewing by subscribers, said method comprising:
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gathering subscriber information related to the subscribers'"'"' interest in the television program via a communication link to the plurality of interactive set-top boxes;
from said subscriber information, calculating an estimated direct revenue generated from subsequent purchases of the television program by the subscribers, as a function of an offer price for the television program and performed by a processing means controlled by the service provider;
determining by the processing means an optimal direct price at which said direct revenue is maximized, wherein said preferred offer price is determined according to said optimal direct price. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A system for establishing a preferred offer price for a television program of a plurality of television programs to be offered by a service provider for delivery to a plurality of interactive set-top boxes for viewing by subscribers, said system comprising:
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a database of subscriber information relating to the subscribers; and
a processing unit operably connected to said database of subscriber information and configured to determine the preferred offer price for a television program according to said subscriber information. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 20, 21, 22, 23, 24, 25, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36)
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19. An electronic storage medium storing instructions which, when executed on a programmed processor, carry out a method of establishing a preferred offer price for a television program to be offered by a service provider for delivery to a plurality of interactive set-top boxes for viewing by subscribers, said method comprising:
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gathering subscriber information related to the subscribers'"'"' interest in the television program via a communication link to the plurality of interactive set-top boxes;
from said subscriber information, calculating an estimated direct revenue generated from subsequent purchases of the television program by the subscribers, as a function of an offer price for the television program and performed by a processing means controlled by the service provider;
determining by the processing means an optimal direct price at which said direct revenue is maximized, wherein said preferred offer price is determined according to said optimal direct price.
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26. A method of establishing a preferred offer price for a television program to be offered by a service provider for delivery to a plurality of interactive set-top boxes for viewing by subscribers, said method comprising:
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presenting a subscriber with a survey requesting information regarding the subscriber'"'"'s interest in a television program, said survey including a request for a maximum price the subscriber is willing to pay for the television program;
sending subscriber information in response to said survey to the service provider for computation of an offering price for the television program over a communication link.
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Specification