The document discusses various audience theories that are important for media producers to understand when creating media texts. It covers:
- The importance of understanding the target audience and their demographics. 
- Stuart Hall's reception theory of preferred, negotiated, and oppositional readings by audiences.
- Uses and gratifications theory which examines what audiences get out of media and how they use media.
- The document emphasizes that understanding audience theory is useful for media students to apply when planning and creating their own media productions in order to better engage their target audiences.