Friday, August 14, 2009

Wonder about the future of newspapers?

The owner of the Philadelphia newspapers has some interesting observations about his experience, including that he's happy he made the investment even though the papers are now in bankruptcy. He also sees a model for newspapers continuing. The model? The Poynter Institute's website.

One of the greatest things about real journalism is when different sources with different viewpoints, backgrounds, and approaches weigh in on problems. That's the real strength of the Internet. Brian Tierney's views as to what future he sees for his Philadelphia newspapers aren't mine, but I sure value reading his. After all, he may be right.

Another step toward pay newspaper sites?

Steve Brill's company dedicated to helping media companies "monetize" their web sites reportedly has contracts with 506 newspapers and magazines, including 176 daily newspapers. Can the media put the genie back in the bottle concerning getting paid for content? My view is that it must, or the media will disintegrate. I love reading blogs, but I know reporting takes time, money and work. You can't do serious journalism on the cheap. Even this blog, which really is just a collection of links with others doing the reporting, takes quite a bit of time. It takes a lot more to do real reporting, and we as a society need that reporting. Which means we're going to have to pay for it.

Tuesday, August 11, 2009

How are things in nonprofit journalism?

     Here's a status report on the Wisconsin Center for Investigative Journalism, one of the nonprofit Internet journalism organizations that are springing up.  It's an informative look at strengths and weaknesses of these centers.

Now for some good news from the advertising arena

    OK, Newsweek reports on 12 magazine whose advertising volume is actually up. Yesterday, it was a newspaper that moved into the black. Today it's magazines with improving ad volume.  OK, time for a fearless predication: as the economy improves, so too will the bottom lines of media (unless short-sighted managers torpedo the efforts by cutting content and staff too much -- I'm not forgetting the ad staff at the Milwaukee Journal Sentinel that reportedly has been cut so deeply that they can't even service all existing advertisers much less seek out new ones)

If the media dies and no one reports it, is it dead?

   Maybe I'm wrong, and the media really are dead, but just don't know it. "'Octomom' Coming to Prime Time Via Fox"

Photographers facing changes

   Among the many changes now hitting media is a big change for photographers. A story in today's New York Times highlights how it's affecting French photographers, but it also highlights changes hitting the industry as free cellphone photos seem to be all over the place. 

     In short, as you can imagine, the professionals find themselves squeezed.  Once again, I see those fateful words "business model doesn't seem to be working" applied to the traditional approach.  Of course, they don't seem to work for new approaches either.

     As I tell students, it's a new world out there, and we better get used to change. In many ways it's a wonderful world -- including all the poor photography coming from cellphone camera shot by amateurs that is capturing news events.  But I'm also seeing a yearning for quality, and I think we're going to have to find some "business models" that do work, and I think we will.

Monday, August 10, 2009

Seattle newspaper moves into the black

     Seattle Times newspaper moves into the black financially. Why? Because subscriptions are up 30 percent. 

    Sure, it benefitted from its rival Seattle Post-Intelligencer's going online-only, but it still is making a profit. And, by the way, so is the P-I online version. I believe the industry -- at least parts of it -- have started to take a path that might save the industry.

Saturday, August 8, 2009

Surprise! Newspaper ad revenues may rise

      Newspaper ad revenues will increase, according to Borrell Associates, an ad research firm.

      "We are forecasting that by 2014, newspaper income will be up a total of 8.7% over the 2009 figures, to slightly more than $39 billion," said Colby Atwood, the firm's president.

     Atwood said that newspapers are getting better at selling ads, using improving and still big ad sales staffs to contact local advertisers. And their own web sites, advertising on which Borrell doesn't include in its newspaper numbers, will likely generate more revenue over time.

Thursday, August 6, 2009

Is the era of free online news over?

     Rupert Murdock, declaring that the era of free online content is over, tells the Guardian that all his news properties will be pay-only by the end of the year.
     Here's a typical quote: "Quality journalism is not cheap," said Murdoch. "The digital revolution has opened many new and inexpensive distribution channels but it has not made content free. We intend to charge for all our news websites."
      Wanna bet how long it takes the rest of the industry to follow -- at least how long it takes anyone actually intending to continue publishing.

Wednesday, August 5, 2009

Internet ad spending falls again.

Indicating once more that it's the economy, stupid, a new research report shows that worldwide online advertising spending had declined again during the second quarter. Ad spending on the Internet declined 5.5 percent worldwide, but 7.7 percent in the U.S., according to Online Media Daily. This is the second straight quarter where online advertising fell.

Tuesday, August 4, 2009

Study shows newspaper advertising works

     I do a lot of asking for evidence that online ads work. The Sacramento Business Journal offers evidence -- that newspapers work. Despite all the hand-wringing, etc.  Yes, the study is by the Newspaper Association of America, which is hardly an unbiased organization. But there are figures. Fifty-nine percent of consumers doing comparison shopping uses newspapers.

     I know from personal experience that's true. I drink Coke (actually, Diet Coke while the rest of the family drinks Coke Zero).  Since Coke gouges on its price in Milwaukee, I look each Sunday in the newspaper to see if it's on sale (cheaper) at 1) Pick 'n Save, 2) CVI, or 3) Walgreens. If it's not on sale (and generally Pepsi is, but Coke isn't), I pick up a couple of weeks' supply at Costco, which means driving 17 miles.  The point is, that I do use the newspaper to comparison shop. I don't go on the Internet. Just as a comparison, just now I went to Google and typed "Coke milwaukee price today." The answer: about 322,000 hits. The newspaper works -- and maybe someday, newspapers themselves will start selling this point, and smarter advertisers will realize that evidence of new media advertising superiority isn't there yet (except that it's much cheaper; just as advertising on TV at 3 a.m. is much cheaper).

Research report looks at social media today

What's the hottest topic in new media circles these days? It's social media. The public relations/research company Porter Novelli has issued a comprehensive report on today's social media that makes for very interesting reading.