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The new landscape: Earned, Paid or Owned Media?

Presentation "3x3 The New Landscape: Earned, Paid or Owned Media?" at MediaMIXX SEE 2016, Thessaloniki, Greece

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The new landscape: Earned, Paid or Owned Media?

3 thingsthat changed PR

10 years

in the last

1. The fall of traditional media

1. The fall of traditional mediaEarned media perceived as a treat for paid media.

2. The rise of social media

2. The rise of social mediaChanged PR function:

from media relations to media creation

3. New era media relations

3. New era media relationsEvery company is a media company.

Every PR specialist is a separate media company.

3 thingsthat will change PR

10 years

in the next

1. Fast-moving consumer news

1. Fast-moving consumer newsIf your news is longer than 140 characters, it’s unreadable

2. Lack of trust in media

2. Lack of trust in mediaThe reputation of the “news distribution channel”

will affect the companies’ reputation.

PR specialist are more likely

to develop owned media instead.

3. No brand mentions

3. No brand mentions

Earned Paid Owned Earned Paid Owned

Earned Paid Owned

Before Now

Future

3 thingsWe hope to happen

in 10 years

to change PR

1. Brand mentions liberalization

1. Brand mentions liberalizationEarned media = reputation

Paid media = product

2. 360-degree communications:changing the agencies

2. 360-degree communications:changing the agencies

No service diversification,

But service consolidation instead.

3. 360-degree communications:changing the companies

3. 360-degree communications:changing the companies

PR experts with different expertise needed.

(Isn’t Social Media Content Manager

the new title of the PR Manager?)

Thank you!Mila Milenova

Member of the MB, Bulgarian Public Relations Society

PR & Advertising Manager, Max Telecom

[email protected]