1. The Media Age Chapter 2

2. Agenda The Media Industry Comes of Age Exponential growth in media options The Technology Engine Technological advances driving change The Land of Opportunity The new American dream The Media Whirl Balance and traction or the lack thereof

3. The Media Industry Comes of Age Television Radio Internet Weblogs Newspapers Magazines Newsletters Out-of-home Telemarketing Direct marketing Movie theatres

4. Television Television has been around since the 1920’s and really took off in the 1950’s Cable TV started in the 1940’s and really took off in the 1980’s The next wave is digital television and interactive via DVRs

5. Average Channels Receivable

6. Three-Phase Migration to Multi-channel DTV

7. Radio Used to be big broadcast networks Now very local, almost 11,000 stations nationwide Amplitude modulation Frequency modulation Next wave is satellite radio

8. Radio Source Materials

9. Internet Less than 5 years to build a mass audience (50+ million HHs) Vast fragmentation of content Many advertiser advantages Cost effective Precision targeted Worldwide message delivery

10. Web logs A hybrid development in media Hosted chat room melded into a sort of e-newsletter Started as a highly personal, opinionated media Mainstreaming now, drawing audience and advertisers

11. Newspapers The true community media: news, information and entertainment content on multiple levels Consolidation among dailies, expansion in other areas Alternative and niche market papers New developments in Neighborhood zoning – poly- bagged inserts Internet publication – all the news that’s fit for YOU

12. Magazines More than 19,000 magazine titles today, Growth in the specialty and niche publications New developments in e-zines, internet publication and distribution Custom publishing Kraft Foods “food & family” magazine now the third largest circulation magazine in the country!

13. Example:Kraft “food&family” Dinner on Hand Healthy Living EnergizeJust For Kids African American Flavor

14. Newsletters Tens of thousands of newsletters Categories including Business Culture Health And everything else Increasingly hard to tell the difference anymore

15. Newsletters Categories Arts and Humanities Fashion and Design Interior Design Automotive Business Advertising Agriculture Communications Employment Finance International Trade Investments Management Marketing Non-Profit Production Real Estate Safety Taxes Transportation Computers and Internet Internet Promotion Education Energy Production Entertainment Amusements General Interest Government and Politics Military Health Drugs Humanities Psychology Investments Mutual Funds Stocks Lifestyle Religion Retirement Shopping News and Media Publishing Radio TV and Cable Recreation Boating Food Hobbies Sports Travel Wine Reference Law Science Chemicals Metals and Mining Society and Culture Environment Women Technology Aviation and Aerospace Construction Electrical and Electronics

16. Out-of-Home Billboards still the biggest piece of the pie Growth in all other areas Street furniture Transit signage and wraps Mall signage, arena signage, airports, etc. New media development Graffiti murals

17. Out-of-Home 2006 Expenditures $6.8 billion

18. Telemarketing The most intrusive media The most powerful media 5.2 Million people just doing a job New technology for callers and consumers Government intervention and regulation

19. Direct Marketing Similar to telemarketing Intrusive and irritating but… Highly effective marketing technique Increasingly personalized Personalized addressing Personalized content Personalized prices and values

20. Movie Theatres A booming ad market for two reasons Captive audience in need of entertainment Coca Cola Screen Play slides Boom in product tie-ins Ford Mondeo launched as a tie-in with Casino Royale 75% of all movie theatres today feature pre- movie advertising of some sort

21. The Technology Engine All new media today result from technological advance Wild ideas? Not so… Interactive technology the next wave How should we feel about this? Mind-numbing media fragmentation Yet fairly stable media usage Means improved segmentation

22. The Land of Opportunity Our constitutionally given right to free speech Personal interest in media content Access to the media Need for new programming Syndication doing its part New media ownership deals Ultimately, it’s not enough Advertiser interest in new media Advertisers are increasingly willing to follow the audience

23. The Media Whirl What goes around comes around The audience never goes away, just moves on The business perpetually reinvents itself Centrifugal Force at play Media needs mass to hold its place

24. Summary Exponential growth in media options Technology driving big changes in media The New American Dream, another driving factor Emerging issues of balance and traction among new media and old