Social Media is Challenging Traditional Media

Universal McCann has released a new report on the impact of social media (such as blogs, social networks, online video) on the media landscape. It surveyed 17,000 Internet users worldwide in March 2008. The report found that social media, in particular blogs, are “becoming a more important part of global media consumption for internet users than some traditional media channels.” The report also found that social media is a global phenomenon (29 countries were surveyed), although there are cultural differences in how people use it.

The report states that “video clips, blogs, podcasts, social networks and RSS are all essential components of the online media diet.” Here are some of the key findings:

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