The document discusses the changing media landscape and strategies for developing effective media plans. Some key points include: 1) Traditional media will still be important but have a reduced budget share as new media like social media and mobile grow in influence. 2) Developing a media plan requires analyzing objectives and strategies for target audiences, scheduling, and creative aspects. 3) Media selection considers objectives, budgets, and product characteristics. 4) Reach and frequency goals must account for duplicated and unduplicated exposure across media.