Sheesh - I feel like a groupie having left so many comments over at my 2 cents last Friday...honest David - I am NOT a stalker :). I've been woefully negligent in leaving this corner and adding comments. Is my slip showing? :)
Here's the deal - David's post (and link to Gene DeWitt's The Media Age blog) about the writer's strike possible impact on advertising was a new idea for me. Here's what he says:
"In his new blog The Media Age, media guru Gene DeWitt says newspapers and radio -- the long-suffering "other" mass media -- should be getting a closer look by advertisers who are faced with higher ad prices, fewer ad positions available and greater difficulty in reaching a broad spectrum of customers with TV sales messages."First off I love the word media - love it! Mass media, targeted media, multi-media, new media, old media, traditional media, and cutting edge media - it all makes me tingle. I believe it is the rare word that cannot be over used. Second, the post and remarks sparked my brain - always a good thing. And thirdly, it got me to comment - feedback is a another vital part of living this new age and time. I'd never considered that as TV shows lose viewers, advertisers lose value. The same thing happens with newspapers. We lose readers and it impacts the advertiser. I'm not sure why the connection never happened before.
Third, we can agree ads have to go somewhere. They won't disappear. If everybody's gonna eat, somebody's gotta sell. Current belief says they are migrating to the medium you are currently reading. What goes up - must come down. What happens when page view numbers (or however you measure) go down? Do advertisers move to phones? podcasts? video? all of the above? I know advertising is changing. How fast and to what degree is yet to be determined. A lot depends on the success of those who do the advertising. Right now, combining print and online makes sense.
So thanks David and Gene
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