This document discusses opportunities for multi-platform commercialization of television and opportunities presented by connected TVs and smartphones. While television is still dominant, trading desks and data tools are changing how media is bought. Ratings models are also being challenged. Data is changing everything by enabling segmentation at a large scale. Content brands can now be distributed across multiple channels and forms. Twitter drives audience and stakeholder engagement for television programs. Social analytics provide valuable insights around events like the Miley Cyrus VMA performance. Advertisers are looking to optimize how they use perishable inventory across channels using programmatic buying and real-time bidding systems.