Definition from Wiki.
In April 2006, Broadcasting & Cable reported, "Two thirds of advertisers employ 'branded entertainment'—product placement—with the vast majority of that (80%) in commercial TV programming." It allows the brand to show plug-ins and therefore target their specific target market. Product Placement allows the brands to move away from in your face ads, and focus on movies, music videos which feature "real-life scenarios" with the product(s) hovering in the background.
Today's consumer is inundated with advertising everywhere: television, radio, billboards, magazines, buses, newspapers, the Internet. Even television networks that depend on advertising dollars to stay in business know that it can be useful to ditch the interruptions and present a show without ads from time to time. FOX did it for its hit series "24" in 2002, whereby they Ford sponsored the show with two three-minute spots opening and closing the episode. Also the characters drove Ford vehicles, therefore selling their products to their specific target audiences.
James Bond- Sony Vaio Laptop featured in this scene.
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