Media in 2020 – what happens next?
Anyone in America who turns 18 in 2020
- Will have been born after 9/11
- Will have lived their whole life under the Patriot Act and the NSA
- Had access to broadband since their first day at school
- Had a smart phone as their first phone
- Used a tablet before they turned 10
- May never have read a ‘paper’ newspaper
- Could not tell the difference between terrestrial and satellite television
- Most likely had no idea that video was not on demand
- Never knew a world without Google or YouTube
- Used Facebook or Instagram by their 10th birthda
- Always had a games console
- Never bought a CD or a DVD much less an encyclopedia
- Always assumed that programs came with no ads or skippable ads
- Will have some kind of wearable device that captures and shares data
- Will learn to drive in an intelligent vehicle that captures and distributes driver and vehicle data
- May add the choice of operating system to their vehicle purchase consideration set
When we think about media in 2020
- All media (other than print) will have IP characteristics
- It will be on demand
- Data enriched – in a privacy compliant wa
- Targetable at the individual level; in short it will look at lot like the web
- Available on all devices – dominated by screens of more than 50 inches and less than 9
- Available across devices – start on A finish on B
- Independent of time and place – day parts will be personal
- Be connected to a social stream and signals from that stream
- There will be half the number of newspapers and magazines that exist today and total circulations will fall by at least half
- No media outside of live sport, will retain significant simultaneous audiences, these media will trade at massive premium to the market
- Most media will still be bundled but satellite and cable subs as we know them may have fallen by between 25 and 50%
- Most will be over the top – disconnected from schedules
- Will be chapterized and skippable
- Traded programmatically
- Perhaps half of long form media consumption will be ad free
- Media measurement will be census based not sample based, close to real time, based on better engagement measures including eye tracking, significantly influenced by social currencies AND intent based / behavioral targeting will supplant demographic targeting
VP, Global Content and Media at Amazon
3yThat is a very durable set of predictions!
CEO Origin (Ex WPP/GroupM & Publicis)
3yNearly all is spot on. Are you sure that was from eight years ago....? 😉
Comment on privacy compliance is a true visionary Rob! And yes, on measurment, the industry failed you-:)
Executive / Advisor / Mentor / Board Member
3yRob - Great list! Nailed it. You up for taking a crack at this again? Say we get a small group together and try for media in 2030? Stretch a bit...
CEO at Build Media Limited
3yAnd that, my old friend, is why you got the big bucks!