The Future of Radio and Broadcasting (Gerd Leonhard, The Futures Agency)

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Gerd Leonhard Media Futurist / The Futures Agency Futurist (Media & Communications) CEO of The Futures Agency Author & Think-Tank Leader www.mediafuturist.com twitter.com/gleonhard The Future of Radio Presentation by Gerd Leonhard @

Transcript of The Future of Radio and Broadcasting (Gerd Leonhard, The Futures Agency)

Gerd Leonhard Media Futurist / The Futures Agency

Futurist (Media & Communications) CEO of The Futures Agency Author & Think-Tank Leader

www.mediafuturist.comtwitter.com/gleonhard

The Future of RadioPresentation by Gerd Leonhard

@

Gerd Leonhard Media Futurist / The Futures Agency

A hurricane is approaching Broadcasters...

Ubiquitous, fast, cheap, mobile

broadband connectivityUltra-cheap

yet powerful smart-phones and

mobile devices

Gerd Leonhard Media Futurist / The Futures Agency

Habits are changing very fast, indeed

Gerd Leonhard Media Futurist / The Futures Agency

Digital Content: Access not Copy. Streams not downloads.

Gerd Leonhard Media Futurist / The Futures Agency

This trend will have huge impact on what ‘Radio’ will mean in the very near future

Gerd Leonhard Media Futurist / The Futures Agency

Tablet Computers & Mobile Devices are also... Radios and TVs

Gerd Leonhard Media Futurist / The Futures Agency

“Broadcast Culture”

Gerd Leonhard Media Futurist / The Futures Agency

“Broadband Culture”

Gerd Leonhard Media Futurist / The Futures Agency

Now in the car, too: limitless choice, deep personalization, for free, anytime, anywhere

≈ 60 Million users (U.S.)

Gerd Leonhard Media Futurist / The Futures Agency

Yes: the car was the last safe place for Radio

Gerd Leonhard Media Futurist / The Futures Agency

Broadcasters must add interactive and on-demand functionalities and full archive access

Gerd Leonhard Media Futurist / The Futures Agency

The Future of Radio is on Mobile Devices

Gerd Leonhard Media Futurist / The Futures Agency

Social Networks are going mobile, and will become

Broadcasters

Gerd Leonhard Media Futurist / The Futures Agency

Consumer 2.0 is here and now!C o n s u m e r

Gerd Leonhard Media Futurist / The Futures Agency

And it’s not just the kids...!

Gerd Leonhard Media Futurist / The Futures Agency

Context: The Music Industry is going through a radical transformation

Gerd Leonhard Media Futurist / The Futures Agency

Gerd Leonhard Media Futurist / The Futures Agency

So what role does Radio play in the Future?

Gerd Leonhard Media Futurist / The Futures Agency

The Filter (Radio:) is just as important as the coffee

Gerd Leonhard Media Futurist / The Futures Agency

It’s no longer about “getting it all”

Gerd Leonhard Media Futurist / The Futures Agency

It’s no longer about the ‘how’ but the ‘what’

Gerd Leonhard Media Futurist / The Futures Agency

Not (just) volume but context and relevance

Gerd Leonhard Media Futurist / The Futures Agency

In the digital battle for attention, those that are and remain relevant will succeed

Gerd Leonhard Media Futurist / The Futures Agency

Fragmentation of listeners will also require fragmention of programs and offerings

Gerd Leonhard Media Futurist / The Futures Agency

It is no longer just access that matters - it’sSelection. Relevance. Context. Sense-Making.

Gerd Leonhard Media Futurist / The Futures Agency

This is the ‘Broadcast Business’ ... really

Gerd Leonhard Media Futurist / The Futures Agency

It’s not mere access, volume and abundance that will win -

It’s relevance and trust.

Gerd Leonhard Media Futurist / The Futures AgencyBut...

Gerd Leonhard Media Futurist / The Futures Agency

...you must add unique values all the time

Gerd Leonhard Media Futurist / The Futures Agency

Meet one of your biggest rivals

Gerd Leonhard Media Futurist / The Futures Agency

Survival Stragety Example: National Public Radio (NPR)

Gerd Leonhard Media Futurist / The Futures Agency

Open and Networked Systems: the key to survival.

Gerd Leonhard Media Futurist / The Futures Agency

Broadcasting 2.0 means using ‘best device available’

Gerd Leonhard Media Futurist / The Futures Agency

Radio 2.0: make use of a all available platforms

Gerd Leonhard Media Futurist / The Futures Agency

Music in the Cloud is finally becoming a reality

Gerd Leonhard Media Futurist / The Futures Agency

Radio 2.0 requires a standardized, public license for the use of Music on the Internet

Gerd Leonhard Media Futurist / The Futures Agency

Your window of opportunity is open for another 2-3 years.

Gerd Leonhard Media Futurist / The Futures Agency

Thanks for your time.

[email protected]@gleonhard on Twitter, Facebook, Youtube

Videos at www.gerdtube.net iPhone / Android app: Media Futurist