This study aimed to foster advertising production industry in so-called ‘smart media’
surroundings. Literatures was reviewed on smart media and advertising industry. Results of
review are as follows. First, mobile advertising industry seemed radically changed compared
with online advertising. Second, domestic companies seemed more competitive in online
advertising industry than in mobile advertising industry in terms of providing infra services
and advertising trade. Third, in smart media advertising surroundings any established system
was hardly found of business process, profits, evaluation program, practices, and so on.
Fourth, advertising production company seemed to have developed various advertising
products even though business models had not been settled. Fifth, fields of advertising
production of smart media seemed to be divided into many hierarchial substructures related
with such smart media characteristics as interactivity and customization.