Top Banner
The State of Trust in the Entertainment Industry 7 July 2009
16

Edelman Trust In Entertainment Industry 2009

May 15, 2015

Download

Technology

Edelman

The 2009 Edelman Trust Barometer is the 10th edition of the firm's annual trust and credibility survey. It was launched in partnership with the Financial Times on 27th January 2009 in London.

http://www.edelman.co.uk/trustbarometer

Additional research looking specifically at trust in relation to entertainment, launched on the 7th July 2009, by Edelman, reveals that UK adults aged 18-34 are more trusting in the entertainment industry than those in the US. UK trust in the sector remains stable at 29% compared to last year, whereas the US has seen a sharp decline of 15 points to 17%.

With trust in the entertainment industry linked to an increased willingness to buy a company’s products, the differences between the two countries is further highlighted by consumers’ purchasing habits: 66% of consumers in the UK say they are spending the same or more on digital entertainment compared with last year, versus 56% in the US.

For the fourth year running, the Trust in the Entertainment Industry survey explores attitudes toward entertainment companies in the UK and US. It examines the impact trust has on behaviours such as purchase, recommendation, file downloading and sharing. Trust in the Entertainment Industry 2009 follows Edelman’s tenth Trust Barometer, published in January 2009, which ranks the entertainment industry as the fifth most trusted (50%), following technology, healthcare, food and biotech, among UK opinion formers aged 35-64. In the US, trust in the entertainment industry is ranked 3rd from the bottom (33%), sharing its position with the automotive industry and just topping insurance and media companies.
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Edelman Trust In Entertainment Industry 2009

The State of Trust in

the Entertainment

Industry

7 July 2009

Page 2: Edelman Trust In Entertainment Industry 2009

Research Methodology

2

Trust in Entertainment

American adults aged 18-34

United Kingdom adults aged 18-34

500 people in the UK

500 people in the US

± 4.4% in 95 out of 100 cases

Online survey: US Data collected

January 26 – 28, 2009

UK Data collected Feb 4 – 6, 2009

Trust Barometer

Informed publics aged 25-64

4,475 people in 20 countries on 5

continents

500 in US and 200 in UK

± 4.4% in 95 out of 100 cases in US

± 6.9% in 95 out of 100 cases in UK

Telephone survey: data collected

November 5 – December 14, 2008

Page 3: Edelman Trust In Entertainment Industry 2009

55%

28%

39% 40%44% 44% 44%

48%52%

56% 56% 58% 58%62% 62% 64% 64% 66%

76% 78%

88%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%G

lob

al

S. K

ore

a

US

Ge

rma

ny

Ire

lan

d

Ch

ina

jap

an

Au

str

alia

Sw

ed

en

UK

Neth

erl

an

ds

Can

ad

a

Po

lan

d

Fra

nce

Sp

ain

Ru

ssia

Ind

on

esia

Bra

zil

Ita

ly

Me

xic

o

Ind

ia

Youthful Trust in the Entertainment Industry Higher in UK than in US

Highest in India

Informed publics aged 25-34

A34. [Entertainment] Now I would like to focus on your trust in different industry sectors. Please tell me how much you TRUST businesses

in each of the following industries to do what is right. Again, please use a 9-point scale where one means that you "DO NOT TRUST THEM

AT ALL" and nine means that you "TRUST THEM A GREAT DEAL". (Top 4 Box) Informed Publics ages 25-34 in 20 countries; 2009

Edelman Trust Barometer

3

Page 4: Edelman Trust In Entertainment Industry 2009

Trust in Business and Entertainment Remained Steady in UK; Fell in US

60%

32%32%

17%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2009 Edelman Trust Barometer, Informed

Americans ages 25-34

US Trust in Entertainment Survey, American adults

ages 18-34

2008 2009

Trust in Business* Trust in Entertainment Industry

-28

-1556%

31%

46%

29%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2009 Edelman Trust Barometer, Informed Brits

ages 25-34

UK Trust in Entertainment Survey, British adults

ages 18-34

2008 2009

Trust in Business* Trust in Entertainment Industry

4

*―How much do you trust each institution to do what is right?‖ (Responses 6-9 only on 1-9 scale) – 2009 Edelman Trust Barometer (informed publics ages 25-34)

―To what extent do you trust businesses in the entertainment industry to do what is right?‖ (Responses ―a lot‖ and ―a little‖ ) – ―Trust in Entertainment Industry‖

survey (adults ages 18-34)

Page 5: Edelman Trust In Entertainment Industry 2009

5

Informed publics aged 35-64

Trust by Industry

―How much do you trust each institution to do what is right?‖ (Responses 6-9 only on 1-9 scale) – 2009 Edelman Trust Barometer

(informed publics ages 35-64)

United StatesUnited Kingdom

21%

31%

31%

32%

40%

43%

47%

47%

50%

51%

57%

59%

60%

0 10 20 30 40 50 60 70

Media companies

Banks

Insurance

Energy

Consumer packaged …

Automotive

Retail

Pharmaceuticals

Entertainment

Biotech/life sciences

Food

Technology

Health care industry

25%

31%

33%

33%

36%

40%

42%

42%

49%

54%

58%

62%

73%

0 10 20 30 40 50 60 70 80

Media companies

Insurance

Automotive

Entertainment

Banks

Energy

Health care industry

Pharmaceuticals

Retail

Consumer packaged goods …

Food

Biotech/life sciences

Technology

Page 6: Edelman Trust In Entertainment Industry 2009

6

Trust by Industry

United States

24%

29%

31%

32%

35%

36%

38%

39%

40%

48%

50%

54%

68%

0 10 20 30 40 50 60 70 80

Insurance

Automotive

Pharmaceuticals

Media companies

Energy

Banks

Health care industry

Entertainment

Retail

Consumer packaged goods …

Food

Biotech/life sciences

Technology

24%

30%

30%

34%

42%

44%

46%

56%

56%

56%

58%

60%

70%

0 10 20 30 40 50 60 70 80

Energy

Media companies

Insurance

Banks

Consumer packaged …

Pharmaceuticals

Retail

Biotech/life sciences

Health care industry

Entertainment

Food

Automotive

Technology

United Kingdom

―How much do you trust each institution to do what is right?‖ (Responses 6-9 only on 1-9 scale) – 2009 Edelman Trust Barometer

(informed publics ages 25-34)

Informed publics aged 25-34

Page 7: Edelman Trust In Entertainment Industry 2009

Actions Taken with Respect to a Trusted Company

United StatesUnited Kingdom

7

5%

33%

25%

50%

57%

29%

44%

67%

78%

92%

0% 20% 40% 60% 80%100%

I bought shares

I shared positive company opinions or experiences

online

I paid a premium for their products or services

I recommended them to a friend or a colleague

I chose to buy their products or services

5%

30%

24%

49%

60%

21%

36%

60%

74%

92%

0% 20% 40% 60% 80%100%

I bought shares

I shared positive company opinions or experiences

online

I paid a premium for their products or services

I recommended them to a friend or a colleague

I chose to buy their products or services

Companies

Entertainment

companies

―Thinking back over the past 12 months, have you taken any of the following actions in relation to entertainment companies that you trust?‖ (Total ―Yes‖)

―Trust in Entertainment Industry‖ survey (adults ages 18-34)

―Thinking back over the past 12 months, have you taken any of the following actions in relation to companies that you trust?‖ (Total ―Yes‖)

2009 Edelman Trust Barometer (informed publics ages 25-34)

Page 8: Edelman Trust In Entertainment Industry 2009

Entertainment Spending

8

Page 9: Edelman Trust In Entertainment Industry 2009

Entertainment Spend is Up Despite Economic Turmoil

Correlation Between High Trust and Higher Spend

9

―Are you currently spending more money, less money, or about the same amount on entertainment as you did a year ago?‖

―Trust in Entertainment Industry ―survey (adults ages 18-34)

66%

spend

same/

more

35%

spend

less

United StatesUnited Kingdom

Page 10: Edelman Trust In Entertainment Industry 2009

Entertainment Quality is Second Only to Price

United Kingdom United States

―When paying for entertainment—music, movies, television, or games—which ONE of the following is your biggest consideration?‖

―Trust in Entertainment Industry‖ survey (adults ages 18-34 in US)

10

Price Price

Page 11: Edelman Trust In Entertainment Industry 2009

Illegal Downloading Unchanged in the UK but Increasing in the US

United Kingdom United States

―Have you done any of the following actions regarding internet downloading?‖

―Trust in Entertainment Industry‖ survey (adults ages 18-34 in US)

11

9%

12%

11%

15%

19%

11%

16%

19%

19%

24%

0% 5% 10% 15% 20% 25% 30%

Used software to get around copy protections

Shared files illegally

Been vocal about my rights to get content free from music, film and video …

Made copies without paying for them

Downloaded files illegally

9%

18%

11%

24%

25%

13%

12%

12%

19%

24%

0% 5% 10% 15% 20% 25% 30%

Used software to get around copy protections

Shared files illegally

Been vocal about my rights to get content free from music, film and video …

Made copies without paying for them

Downloaded files illegally

2009 2008

Page 12: Edelman Trust In Entertainment Industry 2009

Industry Mindshare

12

Page 13: Edelman Trust In Entertainment Industry 2009

Television Networks, and Diversified Content Providers Dominate

Consumer Brand Mindshare

13

―When you think about the entertainment sector, which companies come to mind?‖ ―Trust in Entertainment Industry‖ survey

(adults ages 18-34)

2%

4%

9%

37%

49%

2%

2%

9%

42%

45%

0% 20% 40% 60%

Other

Music

Movies

Global entertainment brands

Television

2%

2%

17%

46%

33%

2%

3%

18%

37%

41%

0% 20% 40% 60%

Music

Other

Movies

Television

Global entertainment brands

United StatesUnited Kingdom

2009 2008

Page 14: Edelman Trust In Entertainment Industry 2009

Television, Movies, Internet And Music Are The Sources People

Mention Most Often As Places They Turn To For Entertainment

―What sources of entertainment do you turn to most often?‖ ―Trust in Entertainment Industry‖ survey (adults ages 18-34)

14

Sports

Board games

TelevisionFilm

Internet

Music

Video games

Books

Radio Magazines

Newspaper

Online

games

Page 15: Edelman Trust In Entertainment Industry 2009

DISCUSSION

Gail Becker

Edelman

Paul Jackson

Forrester

Euan Semple

Social Computing

Consultant

Myles MacBean

Walt Disney

15

Page 16: Edelman Trust In Entertainment Industry 2009

The State of Trust in

the Entertainment

Industry

7 July 2009

16