If you listen to Jimmy Wales, then traditional media is dead . Consumers in 2012 want their media to be more interactive, more social. They want to choose what they consume and when they consume it. The safe, constrained world of the schedule and page layout is just so 20th Century. So long traditional media and thanks for the memories. If I get sentimental, I’ll access them anytime, anywhere I want them. Yet traditional media endures. TV viewing hours are up 4% YoY in the UK. Print advertising not only has more impact on consumers than online, but its advantage is actually increasing . Why? Because media is a social experience, something best enjoyed together. It gives us something to discuss, to debate and when things get too much, to escape with. Nearly two-thirds of us discuss TV shows with friends or colleagues at least once a week, nearly half of us will discuss what we’ve read in the news and a third chat about books. On-demand services are uncompromising, individual exper...
Thoughts on strategy in a Digital Economy