I’ve have wanted to write about this topic for a long time, but something that happened the other day has propelled me into action right after the Thanksgiving holiday.
I heard Morley Winograd, the director of USC Marshall’s Center for Telecom Management who is publishing a book this Spring on millennial's remind my students that baby boomers are running traditional media companies and the majority of them do not understand Generation Y. In fact, they are making every mistake in the book if they want to reach this demographic.
Why care?
Generation Y (generally those folks born between 1984 and 2004) will constitute an even larger group than the expansive baby boom generation.
Lots of radio people get upset when I write so passionately about how to reach the next generation. In many cases they are angry. They don’t care. To be blunt, they don’t understand them.
Take my brethren in radio.
They have neglected the needs of Gen Y while they were tending to their short-term needs (i.e., to make a bundle of money consolidating and going public). It’s not all their fault. New technology, changing sociological trends and economic considerations made the next generation potent agents of change. It was hard to keep up.
See, baby boomer managers think they can control radio stations by devising formats that different demographics will listen to. It’s always been that way so why not follow the logical conclusion.
But the next generation is different – very different.
They want to be the program director.
They want to be involved in their lives every step along the way. They turn to YouTube and are happy enjoying content created by other people --- even other people who are not their age. User generated content.
They have their own social website pages – Facebook, MySpace and increasingly smaller niche sites. They want to discover their own music, share it and enjoy the music of others even it isn’t number 12 with a bullet in Billboard.