140 likes | 239 Views
The Future of Media “ The Internet teaches us Freedom…”. IRTS Foundation Faculty/Industry Seminar Oct. 23-24 2006. Where are we going?. Is there a digital divide? Is the industry growing? And how? Who is in control? So for the future?. Digital Divide. Who uses the internet? 18-29 88%
E N D
The Future of Media“The Internet teaches us Freedom…” IRTS Foundation Faculty/Industry Seminar Oct. 23-24 2006
Where are we going? • Is there a digital divide? • Is the industry growing? And how? • Who is in control? • So for the future?
Digital Divide • Who uses the internet? • 18-29 88% • 30-49 84% • 50-64 71% • 65+ 31% Source: American Life Studies
Digital Divide • Digital Television? • 300 million TV sets • 200 are analog • 112 million households • 110 with TV and 16 are over the air (66 cable) • 48-100 million people without TV in 2009 Source: American Life Studies
Digital Divide • Digital Television? • Digital Television Transition and Public Safety Act of 2005. • $40 coupon for converter box x2 but only if you do not receive cable/satellite service Source: fcc.gov
Digital Divide • So where is the divide? • Not age, but perhaps economic status • Digital Divide.org: “…upper-to-middle classes are given high-quality access to technology because technologists are hard at work creating “solutions” designed just for them. Solutions for the poor get ignored. The result: the poor are given low-quality access which could actually hurt them and, in some sense, widen the divide.” Source: digitaldivide.org
Media Industry Growth • USGDP for 2005 was 6.05% • Media Industry Growth was 5.1% • Outside factors (energy and health) • Flat Growth overall • One media is growing at the expense of another. Source: Wolzien LLC
Media Industry Growth • 02-06 Consumer Electronics up 9% • Box office and home video flat growth • Buying electronic, but not buying content for them. Source: Wolzien LLC
Shift in Content Control • 2 inch reel tape • DVD • Mainframe • PC • Printing Press • Web/ Electronic Ink
Web bypassing Gatekeepers • Content can be shifted to new devices • Consumed at anytime, anywhere • High Bandwidth for live, but low for storage • Cost of storage going down • Sold once (no value beyond) Source: Wolzien LLC
Consumer Created Content • “The internet teaches us freedom…” • Barriers are gone • 20 years ago- $50.000-100,000 • Now- $3,000-10,000 • “Will the amateur producer become the producer formerly known as amateur?” Tom Wolzien • “It was about quality, now its about velocity.” Bob Friedman
So for the future? • Less advertising, more marketing of a brand • Buy once, watch anywhere • Seeking out good content • Creation of original content • Movement of Data
Quote from Derek Kompare “Publishing Flow: DVD Box Sets and the Reconception of Television” • “As the television of the twenty-first century takes shape, perhaps the DVD box set is the twentieth-century medium’s apotheosis. Perhaps the flow of television is not only measured in time but in physical commodities, as cultural objects placed in the permanent media collection alongside similarly mass-produced media artifacts (books, recordings, films on home video).” Source: TELEVISION & NEW MEDIA Vol. 7 No. 4, November 2006 335–360