The document discusses various audience theories that are important for media producers to understand when creating media texts. It covers: - The importance of understanding the target audience and their demographics. - Stuart Hall's reception theory of preferred, negotiated, and oppositional readings by audiences. - Uses and gratifications theory which examines what audiences get out of media and how they use media. - The document emphasizes that understanding audience theory is useful for media students to apply when planning and creating their own media productions in order to better engage their target audiences.