3. Let’s summarize
• Social Media is the #1 activity on the web
• 60 million status updates happen on Facebook daily
• 80% of companies use social media for recruitment
• Generation Y and Z consider e-mail passé
• YouTube is the 2nd largest search engine in the world
• Wikipedia is as accurate as Encyclopedia Britannica and most articles are non-English
• There are over 200,000,000 blogs
• 90% of people skip ads
• Kindle eBooks outsold paper books
• Online students out-performed those receiving face-to-face instruction
4. Dominant Trends in Media & Entertainment:
• Migration of content to mobile devices
• The Internet-connected TV with interactive programming (i.e. OTT services)
• Delivery of radio and TV and other content via the
Internet and other distribution platforms
• 3-D and other new viewing technologies
• Shift of magazine and newspaper readership to iPads
and similar devices
• Alternative formats of publishing books
https://www.youtube.com/watch?v=GJhEFfXpqZ8
I.P. CEO
Jack W. Plunkett,
Plunkett
Research®, Ltd
5. Challenges for Media & Entertainment firms:
• Is content free or subscription based?
• Can content be shared?
• Can one subscriber use paid content
across many different platforms
or devices?
https://www.youtube.com/watch?v=GJhEFfXpqZ8
I.P. CEO
Jack W. Plunkett,
Plunkett
Research®, Ltd
6. Challenges for the Philippines:
• Internet speed and cost
• Electricity
• Education and Advocacy
• Corruption in government and private institutions