Final answer:
Multimedia development has significantly evolved from television to internet-based media, impacting art, advertising, and social engagement. The future commercial impact includes new markets, altered consumer behavior, and enhanced business-audience interaction. Technological advances continue to shape societal and media dynamics.
Step-by-step explanation:
The development of multimedia has been transformative over the past few decades, with key milestones such as the advent of television, the digital revolution brought by the internet, and the proliferation of personal computing and mobile devices. Notably, the introduction of the internet in the nineties led to a surge in digital art and increased visibility for artists, transforming the methods and marketplace of art. Multimedia has enabled various forms of media, including graphic images, memes, graphs, and videos, to become integrated into everyday life through platforms like television, streaming services, and social media.
Looking into the (near) future, the commercial impact of multimedia is expected to escalate further. As consumption habits continue to shift towards digital and interactive content, businesses will increasingly utilize multimedia for advertising, training, entertainment, and communication. This evolution is likely to create new markets, change consumer behavior, and enhance the ways in which companies engage with their audiences.
Furthermore, the publishing of multimedia compositions allows for a more dynamic and effective spread of messages, as in the case of educational content like lectures or promotional materials.
Regarding the commercial implications, the continued advancement in technology and media has significant global implications, affecting everything from group dynamics to socialization and market stratification.