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Sunday, December 17, 2006

Media 2.0 Roadmap

I have been thinking a lot about 'Media 2.0' lately. So I quickly wrote up a roadmap from the distant past media landscape to our near future opportunities. I'd love to hear your thoughts.

Distant Past (Local Radio Stations)

  • Distribution: Costly, via radio towers and dedicated ‘wireless’ receivers
  • Content: Local news and radio plays
  • Advertising: Local sponsors

Past (National Radio Networks and TV Networks)

  • Distribution: Costly (via radio and TV towers, TVs and Radios)
  • Content: National shows targeted at demographic groups
  • Production: Costly
  • Audience: One way broadcast from the top to the masses
  • Content: ‘What’s popular’ (as decided by editors) is on the air – segmented by broad demographics
  • Advertising: Local and National sponsors

Recent Past (Internet – Web 1.0)

  • Distribution: Cheaper (via modems and PCs – unstructured content in HTML)
  • Production: Costly (in terms of time and skills)
  • Audience: One way broadcast from the top to the masses – now also on the web
  • Content: ‘What’s popular’ (as decided by the editors) is on the air – segmented by more niche demographics
  • Interaction: Interest groups and communities trapped in silos
  • Advertising: Local and National advertisers splitting revenue across web, tv, radio.

Now (Internet – Web 2.0)

  • Distribution: Mostly Cheap (existing TV, Radio towers and across multiple devices using the Internet – structured content via RSS)
  • Production: Cheap (just click publish on your blog)
  • Audience: Two way participation within the audience (‘the bottom’) with democratic editorial control in the grassroots
  • Content: ‘What’s popular’ (as decided by the audience) as measured using services like Technorati, TechMeme and Digg etc. Segmentation in the mainstream continues by more thinly sliced Demographics)
  • Interaction: Interest groups unbound by silos (due to RSS)
  • Advertising: Context sensitive Ads targeted at the page – served by Google, Yahoo and Microsoft

Coming (Media 2.0)

  • Distribution: Cheap (across multiple devices using the internet as the ‘universal pipe’ – structured content via RSS). Aggregation is the main user interface.
  • Production: Cheap (just click publish on your camcorder and mobile phone)
  • Audience: The audience is gone, only participants are left: Two way participation with all stakeholders and democratic editorial control of what’s on the web and what’s on the air
  • Content: ‘What’s popular’ (as decided by the participants and measured by services like Technorati, TechMeme and Digg) is played on air. Segmentation by niche interest groups.
  • Relevancy: With hyperchoice, ‘What’s personally relevant’ becomes far more interesting that 'What's popular' – Audiences of one.
  • Advertising: Ads targeted at the individual – served by aggregators

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