Around the Net

Analysts: Advertising Is The Future of On-Demand

With broadband access up to an estimated 42.3 million from 25.3 million just a few years ago, and DVR usage steadily on the rise, network and cable television companies know the on-demand age is looming. Now, they are all taking baby steps into what is an incredibly frightening new world for them. Even so, industry executives and analysts speaking to The Pittsburgh Post-Gazette say media companies in the future will be supporting themselves the same way they always have: through advertising. Some say on-demand programming is just a passing fad, an interim business model until on-demand hits critical mass. They see the opportunity for hyper-targeted advertising and more product placement. Others say advertisers had better come up with a way to innovate, or network and cable television are doomed. The transition to the future is likely to be rocky, not unlike the transition the music industry has been faced with for a few years now. As one analyst puts it, "No old media form ever disappears. They get reinvented into a new purpose."

Read the whole story at Pittsburgh Post-Gazette »

Next story loading loading..