Reading Assignment 1: “Media Predictions”
Saturday, February 16th, 2008Deloitte’s Technology, Media and Telecommunications group anticipates the commercialization of social networks and user-generated content, the rise of real economies in virtual worlds and the need for a more sophisticated approach to “long tail” marketing in this article published last year. “The challenge for media companies in 2007 is to second-guess how the public’s perception of value may change …” the authors write. What do you think? Which online trends are likely to be most profitable for media companies, and what, if anything, have the authors failed to anticipate?