Insights22nd Jan 2024
Our Media Predictions for 2024
At the beginning of the year, a team of essentials from across EssenceMediacom UK got together to share their predictions for the year ahead.
Here we share their 8 predictions from you YouTube will challenge Netflix for our attention to the role Generative AI will play in marketing and how TikTok could influence the UK general election.
Prediction 1
This year YouTube will leapfrog Netflix on the big screen at home
Robyn Sumners discusses why she thinks YouTube will beat Netflix for our connected TV attention in 2024.
YouTube vs NetflixPrediction 2
The New York Times will win its case against OpenAI
Geoff de Burca discusses the role AI will play in how we consume news and the importance of trust for both people and brands.
AI vs the NewsPrediction 3
Twitter (X) will censor Elon to save itself
Richard Kirk explores what the social media platform X needs to do reinvent itself in 2024, and why Elon Musk will play a massive part in its success or failure.
Reinventing the platform formerly known as TwitterPrediction 4
Digital goes from the most to least consistently measurable form of media due to the decline of third-party cookies
Discover why Oliver Betts thinks digital will go from the most to least consistently measurable form of media due to the decline of third-party cookies.
The cookie crumbles for digital advertising measurabilityPrediction 5
A UK retail media trade body is established, but will exclude Amazon
Find out why Claudia Ziegenbein believes 2024 will be the year of ‘retail media collaboration’ and why it will help UK retailers lead in the digital advertising arena.
Establishing a UK retail media trade bodyPrediction 6
In 2024, AI will help marketers save millions from streamlined production processes, allowing them to invest more in distribution
Tom Curtis explores how Adland is coming to terms with the creative upheaval of AI and how it will streamline advertising production processes.
AI and streamlining advertising productionPrediction 7
The 2024 General election will become known as the TikTok election
Matt Delaney explores why influencers will have a major impact on the 2024 UK General Election.
TikTok and the UK General ElectionPrediction 8
In 2024 we will see the biggest year for advertiser-funded programming ever
The softening of the TV ad market and the knock-on effect on programme commissioning means rethinking the role of AFP is more crucial than ever.
Can brands deliver cultural impact and great TV at the same time?