Showing posts with label economist hits mass media fragmentation advertising marketing Twilight New Moon. Show all posts
Showing posts with label economist hits mass media fragmentation advertising marketing Twilight New Moon. Show all posts

Wednesday, December 9, 2009

We still love our hits

We have all been hearing about the fragmentation of media and the death of mass. (1,2).

But according to a recent Economist article it isn’t that simple. (3)

It seems that the real blockbusters are busting out more than ever.

Some examples from the article:
1. Twilight New Moon earned more in a single day than any other movie ever.
2. Average sales of the top selling album in the UK increased by 9% between 2004 and 2008 despite total sales being 18% down. And Susan Boyle is selling well this Christmas.
3. US Network TV has lost over 20% of viewers in the last 8 years but the ratings of the top 5 shows are virtually unchanged. For example, in 2000-1 Survivor was the top show drawing 17.8m households. In 2008-9 it was American Idol with 16.5m.

Both the really big hits and the niche offerings have done well. It’s the massish stuff that is suffering – the middle rating TV; the lower chart position music.

My conclusion. While tribes, or packs as I call them, are becoming smaller and more diverse there is still a need for the mass communal experience, the sense of belonging to something bigger, the desire to share something with people at large.


1. . http://sethgodin.typepad.com/seths_blog/2008/01/tribal-manageme.html
2.
http://www.wunderman.com/Content/assets/11139_how_to_think_digital.pdf

3. The Economist Nov 28th 2009, Briefing Media: A World of Hits. http://www.economist.com/displaystory.cfm?story_id=14959982