Recode podcast image

Why You Should Care: New York Times Surviving a Must for New Trade Media Including Auto Publishers
[Podcast tells how & why you should listen]

Situation behind this Podcast :

• Why you should listen to a ReCode podcast about a major newspaper: To sustain your Brilliant Career.

• As NYT, Forbes, Business Week are setting the tech survival strategy for automotive trade publishers, bloggers and forum platforms.

• Another example/reason you should start “paying for your media”—Pay, Know, Be
Smart, and stay ahead.

The Significance of this Podcast:

• Important that auto execs & dealer management needs to know what newspapers & auto trade pubs are doing to deliver the significant news that will transform strategy & market communications.

Be Savvy & Listen to the two editorial leaders from NYT tell how they are changing print media to digital and staying alive and relevant.

News You Need to Know

FOA Image biggerThe Future of Cars: How Asian EV Makers View Market & Strategy

The Situation:

• The Future of Cars is Now.
• How people will move about in the future is central strategic focus
• What is the focus of every Asian OEMs and autonomous vehicle developers?
• The LA World Affairs Council staged The Future of Asia Conference in late Sept.
• Agenda featured expert panel focused on the future of cars in Asia & U.S.

The Significance of the Panel Presentation at this Conference:

• Understand future of vehicle technology, manufacturing, and utilization by Asian auto makers
• Note particularly how the 2 Chinese OEMs see future market, development & manufacturing.

See the summary of the insights, observations, & assessments by 3 expert panelists.

Entech Varrity One - eric-bergerTen Latest Entertainment & Technology Trends from Hollywood & Variety Magazine Conferencing

1. Live Streaming of programming content is hot.
2. Controlled Ad Viewing on Specialty Programming platforms (Crackle).
3. Mobile viewing of movies,car ads,& news growing: Blocking still a constraint.
4. Influencer Marketing is powerful means to increase audience.
5. Two new programming sites producing own content – Crackle & EPIX.
6. Charity Site, Pixhug, becoming an effective way to raise money for causes.
7. Lots of focus in panels on Millennials and their viewing practices
8. Monetizing video is big challenge even in TV.
9. TV production companies & studio obsessed with Story Telling.
10. VR has big future but viewer access using the “boxes” is challenge.

For more detail on a least some of what came down in presentations

Blockchain Auto Loans- smart-car-iot-768x506 Truth in Auto Lending is Coming: Blockchain Technology & Smart Contracts May Replace Your Auto Finance Guy, Controller, & Maybe F&I & Floor Planning at the Dealership.

SITUATION:

• Blockchain Tech to be Auto Lending Game Changer: Mashes up cryptography & peer-to-peer networking.
• Creates a shared database of transactions & other information.
• A blockchain is an ever-lengthening chain of blocks of data.
• Toyota Financial Services has used Blockchain & smart contracts.
• Delinquent auto loans automatically transfer ownership & loanee can’t use the car.
• All parties to know all about auto loans, rates, apps, stips, & fine print.

SIGNIFICANCE:

• Blockchain could reduce need for businesses to organize as companies.
• Collaborators will work together as free agents instead of under bosses.
• Blockchain could replace bankers, accountants, & lawyers, escrow accounts, insurance, & verification of payments & performance of contracts.
• Truth-telling feature of Blockchain makes it enormously useful to banks.
• Ethereum, goes beyond ledger function; Works more like Google Docs—shares SW that can be used by all but is tamperproof.

Start getting up to speed on BlockChain with an in-depth Bloomberg article.
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Industry People

Brian Geitner President, Media Solutions Group.Cox Automotive - 12/31/1969

Cox Automotive Names Brian Geitner President Of Media Solutions Group

Brian Geitner has been named President, Media Solutions Group. As President, Geitner will oversee the company's Autotrader, Kelley Blue Book and Dealer.com business divisions and brands.

Geitner will begin his new role on August 15, reporting directly to Mark O'Neil, Chief Operating Officer of Cox Automotive. Geitner succeeds Jared Rowe, who is departing the company for a new opportunity outside of the automotive industry.

Since 2015, Geitner was President of Financial Solutions Group at Cox Automotive responsible for the advancement of NextGear Capital. Under Geitner's leadership, NextGear Capital doubled in size, expanded internationally and became a powerful financing option for wholesale and independent dealers. Geitner joined Cox Automotive in 2012 as Chief Executive Officer of Dealer Service Corporation.

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