This document summarizes a panel discussion on reaching emerging multicultural audiences. The panelists included experts from advertising, marketing, and research firms. They discussed trends showing the growing diversity of the US population and importance of targeting specific cultures rather than general multiculturalism. Panelists provided examples of successful campaigns for Hispanic, Asian, and African American audiences and emphasized understanding each group's unique attributes and preferences. The key takeaway was that customizing marketing communications for individual cultures leads to greater marketing returns.