All posts tagged media

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Google processes trillions of search requests each year, and just revealed through its platform, “Think with Google” which terms dominated its search engine in 2016:

  1. Pokémon Go

The videogame took over the world this summer, winning fans who navigated through city streets, parks, and even national cemeteries to catch Pokemons. The free app quickly became the most popular mobile game in history.

  1. iPhone 7

The long-awaited version of Apple’s smartphone hit the markets in September with a waterproof device to match its competition, Samsung, and brought a surprise, eliminating the earphones input.

  1. Donald Trump

Trump was the republican candidate in this year’s US presidential election where he defeated the democrat Hilary Clinton in a controversial and heated election. He will take office on January 20, becoming the 45th president of the United States of América.

  1. Prince

Prince died in April at the age of 57. His career was an inspiration for many, including renowned musicians such as Britney Spears, Beyoncé, and more. The cause of his death remained a mystery until several weeks after his passing, creating presumption among his fans and the entertainment business.

 

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  1. US Election

On November 8th, the American people chose Donald Trump as the successor of Barack Obama, on one of the most televised and followed campaign and election in political history.

  1. David Bowie

In January, legendary musician David Bowie died of cancer at age 69. The beloved British rock star was known for his peculiar style, and left behind a new album, “Blackstar,” which was released only a few days after his death.

  1. Deadpool

The highly-anticipated action movie starring Ryan Reynolds as an unusual superhero arrived at cinemas at the beginning of the year and received positive reviews and expectation for the sequel to be released in theaters in 2018.

  1. Rio Olympics

The multi-sport event was filled with controversy with concerns that Rio wasn’t ready to host the 2016 Olympics, pool water turning bright green and one faked robbery, which certainly made them even more interesting.

  1. io

The fresh take on the old cell phone game “Snake,” topped App Store charts this year. The addictive game won over fans by being simple, easy to play, and entertaining.

  1. Suicide Squad

The supervillain movie with a start filled cast including Will Smith, Jared Leto and Margot Robbie, reached a new box office record, collecting 700 million dollars.

As you can see, the US elections, technology and entertainment dominated the interest of the world’s population in 2016, let’s see what events does 2017 has in store for us.

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There have always been predictions about the future of technology, but today in comparison with the past, these predictions aren’t as imaginative as they used to be, given the fast pace in which innovation occurs. Everything we used to imagine about the future, like human robots and driverless cars are now a real expectation since they are already being created.

Only to have an idea of how fast are we becoming a technologic world, here are some data provided by The World Economic Forum’s Global Agenda Council on the Future of Software & Society, that can help us have an idea of the world we’ll live in, not so far from today:

Four years from now, 10% of the world’s population will be wearing clothes connected to the internet with embedded chips that’ll track and identify people.

Seven years from today, 80% of people on Earth will have a digital presence online and 90% of the global population will have a “supercomputer” on their pocket. With more frequency, people are recurring to their smartphones as they would a PC, giving mobile companies the responsibility to adapt their products to the demands of the population, so, it is estimated that in less than a decade, almost the entire global population will have a gadget to help them preform almost everything.

In only eight more years, access to the internet will become a basic right, compelling governments and institutions to increase their efforts to connect even the most remote parts of the world.

future-21By 2025, more trips will be made using car-sharing apps that by privately own cars. As technology and internet connection advances, we get closer together; that’s why it is estimated that in almost a decade from today we’ll adapt to the shared economy model and preform a lot of traditional activities, like traveling in sharing and cooperative modes.

In a decade, there will be the first smart city managed completely by the internet. Imagine a city where there are no traffic lights, because everything from sidewalks, streets and buildings are connected to the internet. Well, not so far from today, that’ll be a reality. Mimicking the structure of a smart home, in the future, cities will be capable of preforming by automated systems that’ll control everything from energy to traffic.

As you can see, the world we only though to be possible in science fiction is everyday closer to becoming a reality.

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It is foreseen that by next year, 33% of the global advertising spending will be invested in digital media. A total of $547 billion dollars is predicted to be invested on digital platforms, surpassing for the first time the spending on TV advertising.

It is comprehensive to observe the growth and dominance of the digital world in advertising; marketers are increasingly directing their spending to social media sites for example to blend their ads with the newsfeed of users’ social networks such as Facebook, Twitter, Snapchat, etc., which is not only reducing the expenditure on traditional media but creating new spaces ideal for marketing at larger levels. This obviously affects TV networks who face cheaper and more attractive scenarios to be informed and entertained. For example, streaming services, that continue to grow like Netflix that surpasses the 80 million subscribers followed by smaller but not less influential companies such as Hulu, CBS, HBO Now and others.

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2016 has indeed been a favorable year for digital media to excel. The Olympics, the controversial political events such as Brexit and US presidential elections, have created a perfect scenario for digital media to show its power and attract advertisers and companies to invest.

Digital is becoming the dominant player in terms of advertising dollars spent, the performance of the digital ad market is being led by mobile and video, it is even expected for mobile ad spending to grow 45.0% in 2017, ¡reaching $45 billion! which indicates a significant change in how we consume content, creating a lot of questions towards the future of marketing and communication in general: is digital media a contender or an ally of television? What does it mean for traditional media like television and newspapers? And, how must companies and investors take advantage of digital media as part of its advertising plan?

 

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Online video entertainment has created a huge impact to traditional media companies that didn’t believe in the huge opportunities that video-on-demand services where going to bring. They refused to acknowledge the market opportunities beyond traditional pay-TV services. This change has become a global phenomenon. The impact and implications are enormous.

But, what are Over-the-top services? Over-the-top, or OTT, is the term used for the delivery of film and TV content via the Internet, without requiring users to subscribe to a traditional cable or satellite pay-TV service like a Comcast or Time Warner Cable. OTT can be divided into three different revenue models:

  • SVOD: Subscription-based model, such as the well-known Netflix or Hulu
  • AVOD: Free and Ad-based services such as Cracked and Hulu
  • TVOD: Transactional services such as Itunes

 

SVOD will become the region’s largest OTT revenue source in 2018. AVOD is expected to surpass SVOD in 2020, due to the rapid expansion in mobile advertising.

In Western European countries, over-the-top (OTT) television and video revenues will more than double in the 5 coming years. This growth rates will vary a lot, depending on the country. OTT adoption is high in UK, the Netherlands and specially Sweden, were in the south (Spain, Portugal) it hasn’t make a difference, yet. This is mainly because these countries report a huge presence of piracy content.

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OTT TV and video revenues in Western Europe will be increased, between 2015 and 2021, in $8.25 billion. The UK will be the marked leader, with $2.30 billion, followed by Germany ($1.34 billion), France ($1.13 billion) and Italy ($0.99 billion)

However, growth will be tied to distribution. As internet-connected TVs become more and more popular, so will be OTT video services.

Traditional cable and satellite services are taking action to face these market changes. As an example, Time Warner has just taken 10% of Hulu stakes, one of the main OTT players.

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