Media Revolution explores the many and varied changes in the media landscape over the past 10 year. We hope you find the presentation both informational and illuminating. To navigate through the slide show, use the right/left arrows on your keyboard.
BEFORE Radio and TV in-market ownership is restricted Incumbent telecom companies (ILECs) dominate Newspapers have largest reach of any single media franchise Internet is still trying to find itself as a mediumAFTER Mega mergers and group efficiency models abound CLEC flank ILECs and wireless ramps up and revs up Newspapers once-a-day print format is challenged by real-time breaking news on radio, TV, and Internet Internet reaches critical mass and primary information resource
BEFORE Local independent ownership Sales Strategy = Individual station selling Non-contested music and talk formats Land-based radio signals targeting local audiencesAFTER Consolidated of ownership by mega groups Sales Strategy = Cluster Selling Satellite providers offer nearly 200 highly niched formats to a fast growing subscriber base Terrestrial providers moving to HD radio, more local focus, and fewer commercials per break.
BEFORE A handful of over-the-air networks and local outlets Viewing primarily by program schedules Major share of TV ad revenue went to commercial over-the-air networks and local channelsAFTER New networks gain momentum on cable and satellite channels On Demand, Podcast and Internet viewing Shares of TV ad revenue now splintered between over-the-air, cable and satellite providers
BEFORE Primary source of news with large subscriber base Largest share of ad revenue derived from Classifieds Significant revenue derived from weekly grocery FSIsAFTER Increased focus on breaking news online More local content/coverage at neighborhood level Supplementing loss of subscription revenue with feature based advertising and periodicals.
BEFORE Used mainly by government and education Technology expensive, connectivity slow, and no revenue modeling Fear over online transactions – security issuesAFTER Mainstream usage worldwide and broadband penetration reaches critical mass Paid search advertising accounts for Internets top ranking in advertising revenue growth Banking, travel and gambling have become main staples of online transaction as security improves
From the Before and After to Whats Beyond…
83 million households are expected to be online by 2010, 96% of which will be broadband-- compared with 64 million Internet- connected households today, of which 62% are broadband. Source: Magna Global
Without adequate digital-rights management, media companies stand to lose about $160 billion in equity value from unchecked piracy and ad-skipping by Source: The Hollywood Reporter
By 2010, the buying power of American blacks and Hispanics is expected to exceed the gross domestic product of Canada. Advertisers should not overlook this growing market. Source: Selig Center for Economic Growth at the University of Georgia
The falling price of file storage and compression will make it possible to store 12,000 full length movies on a $70 hard drive within the next four years. Source: Western Digital Corporation
A baby boomer turns 50 every 7 seconds--joining a population segment that will grow by 25 percent in the next decade while other segments remain flat. Source: Entrepreneur Magazine
Going forward and beyond, its all about …..
Quality Delivery - Conversion to all-digital and high definition (radio, TV, and recorded media) Quality Service - Best practice providers will focus on customer satisfaction and retention Quality Product – Content is King and media companies will produce content tailored to your personal interests based on tracking your consumption behavior and preferences. Quality Time - Time-shift, place-shift on-demand consumption will prevail as busy on-the-go consumers expect more and get more.
Forward thinkers and strategists Experience, Integrity, Accountability Fresh perspectives, strong credentials and full service capabilities tailored to your timelines and budget Memorable marketing campaigns targeting your customers and todays on-the-go consumers What can you expect from us?