The media environment have changed constantly in the nowadays. Even though audiences can use a variety of the media, the ratings of watching programs by TV is still the mainstream, and the classification of the drama is the highest of program types in average audience rating. Recently, the concept of brand marketing is more and more important in the company, however, with the brand concept exploring audience viewing behavior is still rarely in the media research. This study used questionnaires, and structural equation modeling (SEM) as a data analysis. The research focus on drama programs and channels to investigate in Taiwan so that we can understand how the brand equity affect audience viewing behavior. The research focuses on drama programs and channels, and explores the audience viewing behavior in the perspective of customer-based brand equity. The research not only explores the brand equity of the drama programs, but also investigates the relation with the brand equity of drama programs, channels and audience viewing behavior. Even more, adding two factors in model including the types of audience and the drama types of audiences¡¦ preference, and explore the impact with among the three. The results showed that brand awareness of programs affect audience viewing behavior on a positive significantly, however, the brand image of programs can¡¦t affect the audiences viewing behavior. The brand equity of drama programs can affect the brand equity of the channels and the brand equity of the channels can affect the audiences viewing behavior. In addition, because of the difference between of the types of audience and the types of drama, the brand equity of drama programs has an impact on the viewing behavior.

With the rising power of Internet and especially social media which includes different communities, blogs, portals(1) , etc., nowadays brand value, - its creation and control, is not in the hands of the companies anymore, but is shifted to the consumers. One aim of this paper is to investigate and try to prove the existence of social media influence on brand value. Another goal is to introduce a different vision of brand value in connection with Internet and the rise of social media's influence on consumer's minds. For the purpose of this research the terms brand value and brand equity would bear equal meanings. My theory, which I would like to introduce, was borrowed from biology and physics, namely from I.P. Pavlov's studies and his conditioned reflex theory(2) and the physics part is based on the dispersion of light theory which was first introduced, as we know, by Isaak Newton(3). I dare to say, that nowadays creation of brand value in consumer minds works the same way. When someone, man or woman, hears a brand name, a picture and a feeling, either positive or negative is immediately formed in the person's mind from personal experience with this brand. If not, then the brand is an unfamiliar one, thus we have to rely on a provided opinion, which was previously usually conveyed to us by family, relatives and close friends while recently, also by our growing virtual community. At the beginning of the thesis, I will present the theoretical background and data on World Wide Web and social media, followed by a concise description of some of the existing brand equity models, afterwards introducing my own vision on significant brand value components, elaborating on this theory with the help of relevant case studies and researches. Brand equity has generally been defined as "a brand's power derived from the goodwill and name recognition that it has earned over time, which translates into higher sales volume and higher profit margins against competing brands"(4). Further on in the second chapter I will bring together more definitions on brand equity/value to be able to propose a modified one, components of which will be discussed thoroughly in the same chapter. The main goal of my Master Thesis is to analyze the existence of a dependency between social media and brand value. A second goal is to assess whether the impact is a positive or a negative one or is a mixture of both.