Predictions for the Next Millennium
Tom Barnes
12/20/00
Predictions suck. Nobody remembers when you're right, everyone remembers
when you're wrong.
2001 will see the dawn of the relevancy war. Consumers, empowered by technology,
shun irrelevant marketing messages and other promotional attempts to "steal
attention".
Marketing in full crisis as clutter increases and media fragments further.
Audiences refuse to coagulate making message frequency almost unobtainable.
TiVo and other "black box" adoption grow
past expectations. Meaning of "brand" begins its slow, inevitable disintegration.
"The brand" no longer safe hiding for pseudo-intellectual claptrap.
The networks freak as audiences turn to broadband web access, cable and
satellite choices. "Event" television stabilizes some erosion, but only
temporarily as serial television looses its viability permanently. Even
sports won't save the networks. Local TV broadcasters scream to an impotent
Washington for relief. Attempts at deregulation fail in gridlock from November
election.
Hollywood responds to media fragmentation by throwing money at it. Batting
average falls for all the big distributors' block-busting attempts. Teen-driven
sex romps and horror films see continued success. On the heals of RugRats
and Grinch, 5-12 demo (family) established as hot new film segment. Family
films/small indie and one, maybe two, true block busters save Summer 2001
from utter disaster. First-run theaters shutter as margins get crushed.
Porn revenue grows exponentially.
Small-film profitability gets even hipper as audience research further alienates
creatives.
Talent in major transition: Big stars too old-- glut of young, not-quite
stars fetch profit-killing salaries. Media behemoths conspire overtime to
manufacture celebrity with mixed results.
Sillerman
the man to watch in 2001 as he stuns Hollywood with his ability to "show
the money" and consolidate talent representation. Look at his track record
before you bet against him.
Audio entertainment explodes in a big mess with satellite, streaming, and
in-car wireless Internet. Consumers overwhelmed. Record companies turn their
backs on medium and small market radio, slashing promotion budgets and gutting
departments; finally putting significant resources into the web. Record
sales remain solid as file sharing becomes new method of promotion, though
no one will admit it. Radio shrugs it all off. Marketers see radio as their
only safe harbor in 2001.
Print stays flat as every emergent segment gets saturated overnight and
Production/mailing costs grow faster than inflation.
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