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Press Mentions

  • Ad Age/Nat Ives: It's Back: 25 MORE Media People You Should Follow on Twitter
    25 media types worth following on Twitter.
  • Ad Age: Why So Many Media Companies Stumble Globally
    The few news brands that have succeeded, to greater or lesser degrees, arguably include CNN, Bloomberg, People, Thomson Reuters, The Wall Street Journal, The New York Times, The Financial Times and The Economist. Other contenders are the Associated Press, the BBC, ABC, NBC, maybe CBS, National Public Radio, News Corp. and the top U.K. dailies, said Ken Doctor, the newspaper veteran who's now an analyst at Outsell. "If a news-media organization sees itself as covering the wider world, sees it as its foundation, that in and of itself differentiates it from all the local media -- newspapers, TV, radio -- out there," he said. "If, in addition, it has substantial reporting and editing resources, then it can play. The tough part is the part we're in: Who wins the race to ubiquity and can make it pay off?"
  • NYT: If The Globe Were Sold, What Price?
    “The best guesstimate of the real price: a buck. The best of an announced price: between $50 and $100 million,” he wrote in an e-mail message. The devil will be in the details of the obligations that a buyer would assume, he said, adding that “a buck essentially represents a gentleman’s agreement: I take a liability, headache and a distraction off your hands.” He said that the Times Company could hang on to some pension liabilities or other obligations in exchange for a higher purchase price, a number that would give the appearance that it was getting something for the more than $1 billion it paid 16 years ago. He added that no bank would be interested in financing a deal given how other deals have blown up, so “the owner’s own money is immediately at risk.”
  • Economist: It isn’t just newspapers: much of the established news industry is being blown away. Yet news is thriving
    Ken Doctor of Outsell, a research firm, reckons that the Kindle appeals to baby-boomers who would otherwise read a paper magazine or newspaper. The young prefer their iPhones and their aggregators. Indeed, the top four magazines on Kindle, according to Amazon’s website, are the New Yorker, Newsweek, Time and Reader’s Digest. Not much of a youth market there.
  • Forbes: San Diego News Shoot-Out
    "The Union-Tribune is cratering. That opens a hole in the market and the opportunity for some unconventional business models."
  • BizTimes.com: Journal Sentinel faces daunting choices
    “There’s no strategy – this is panic. What we’re likely to see this year (around the country) and what we’ll see in Milwaukee too is (publishers asking) how much they need to cut back and how much they can do to still hold their place in the market. For publishers, it’s about ‘How do we stay alive and stay profitable until we can get to some sort of breathing period?’ (Economic) recovery will not bring back their old business, but it will give them some breathing room.”
  • AP: Threat to shut Boston Globe shows no paper is saf
    The threat to close the paper "sends a very clear message to all employees and unions of surviving newspapers — that this is not business as usual. This is uncharted territory....Newspapers all "have a sword over their heads," said Doctor. If the industry wants to survive, he said, "everyone has to give some blood."
  • Guardian: Seattle mourns the last day of its venerable Post Intelligencer
    "There's a lot less reporting happening, on a national scale. For the 1,500 or so daily newspapers, it's just a matter of getting smaller and smaller."
  • Seattle Times: Seattle's oldest newspaper goes to press for the final time
    "They're bringing the full force of their national relationships and content to bear on Seattle. They [Hearst] could sustain this experiment indefinitely. If it makes a million or loses a million, that's nothing to a company like Hearst."
  • AP: Hearst hopes Web-only Seattle P-I will turn profit
    "It [online-only PI] definitely can make money. They have a head start in terms of the brand and (Web) traffic. They have to run like hell to create a new identity."

What's On My Netvibes

  • Steve Goldstein
    Fellow KR alumnus Steve Goldstein understands the research/info needs of end-use enterprise customers, and he's built a company that is helping satisfy them.
  • Peter Krasilovsky
    Centered on e-commerce of all kinds from Yellow Pages through classifieds and new ad models.
  • Mark Potts
    Mark Potts is an experienced journalist, observer of Internet journalism and an alumnus of the Backfence experiment.
  • John Blossom
    Thoughtful views on a wide-ranging mix of media change.
  • Jay Rosen
    Jay Rosen is a provocateur in the best sense, an NYU journalism professor deeply committed to keeping the press accountable and vibrant in the digital age.
  • David Meerman Scott
    David Scott understands web marketing of digital content. Check out his site and his new book, "Cashing In With Content"
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December 17, 2007

What Journalists Can Learn From Screenwriters Strike

The dots are getting more interesting to connect. Consider the TV and film writers strike. What sparked it? The concern that digital revenue will soon surpass what writers have been taking through traditional channels led to the strike. And since it's really tough to estimate digital revenues -- and digital profits -- in the next several years, it has dragged on. When the two sides don't really have a solid foundation on which to bargain, and too little trust in each other, it's hard to make a deal.

So today's story in the L.A. Times, by Joseph Menn, put a quite interesting spin on the strike and one that should resonate among news journalists. The story, headlined "Striking writers in talks to launch Web start-ups," put the issue clearly: "Dozens are turning to venture capitalists, seeking to bypass Hollywood and reach viewers directly online". Of course, this is the delayed promise of the web. Creators -- think screenwriters, songwriters or journalists -- create. Their intended audience is not all the middlemen betwixt and between, the agents, the studios, the publishers. Their intended audience is, well, the audience. TV watchers, music listeners, news junkies.

The Internet is the medium that connects the two -- creators and audience -- much more directly than was previously possible in pre-digital days.

The screenwriters are turning to venture backers, and creating an alternative to being beholden to the studios:

"What effect this would have on the strike is unclear. So far, the percentage of the guild's 10,000 striking writers who are in discussions with venture capitalists appears to be small. Any deal of this kind, however, could put pressure on the studios and help the writers' public relations campaign. Writers who are talking to venture investors say the studios would suffer a brain drain if high-profile talents received outside funding and were no longer beholden to them."

In the music world, reeling from declining CD sales and uneven payment for downloads, Thom Yorke's Radiohead unleashed an experiment with its audience, asking it to pay directly, from zero to $212, for the group's latest CD. "It feels good," said Yorke.

These are new, high-tech business enterprises on the one hand and old-fashioned guilds on the other. Create good work, place it smartly, live well and prosper.

Let's see how these dots connect. Face it. Until the last year or so, journalists saw little alternative than to work for big, well-established, professional-salary-paying media companies. But then the companies started shedding higher-priced talent in cost-cutting --  better to remove a $80k FTE than a $40k one -- and lots of journalists are being turned free. It didn't first feel like freedom of course. It felt like a layoff. But within the last year, middle-aged, middle-income job fears have given way, in part, to new models, new beginnings. Some were pushed (or incented) by buyouts. Some began to understand the allure of building something rather than feeling imprisoned in enterprises in which conversation focused on decline. Journalists are beginning to join Free Agent Nation, a term author Daniel Pink apparently coined in 2001. .

Look at some of the sprouts popping up this year. Politico, led by leading journalists from the Washington Post, Time and the New York Times, launched. ProPublica's been announced. Led by former Wall Street Journal managing editor Paul Steiger, ProPublica's been hiring leading editors and journalists to produce high-profile investigative projects -- seed funded by angels -- and then place them on the web. It is in metro areas though that the needs for more local reporting and with the potential for dozens of start-ups that we're seeing more urgent action. The newest entrant is MinnPost, Joel Kramer's fledging regional effort in the Twin Cities. It has corralled a few dozen bought-out and/or enterprising veteran journalists and gone direct to a new audience ("20,000+ monthly uniques, 20,000 daily page views, 600 paying members," he told me today).  Paul Bass's New Haven Independent builds on his two decades+ experience in journalism. (He describes here the Independent's  founding.) There are many others, start-ups of all kinds, some seed-funded by ambitious Knight Foundation attempts to jumpstart something good as the old world crumbles.

We're at the beginning of this re-ordering of the entertainment/news world. The old order is crumbling, and mortar just starting to be applied to the bottom bricks of what's coming next. Yes, journalists face a more difficult time in some ways than screenwriters and songwriters because journalism's traditional business revenue is fading faster, and the new revenue models are just coming on line. But maybe that means the opportunity to reform and reformulate will come faster too. It's worth all journalists stepping out of our own craft and learning from the "guilds" next door. The models won't be exactly the same, but we've got more in common than we ever would have believed.


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Ken: this is right on the money. As we've discussed, the separation of content producers and content distributors seems inevitable. The unanswered question for journalists: how to get paid a living wage outside the traditional structures? It can't just be freelancing. Journalists will need to get savvy about business, new ad distribution models, technology... leveraging themselves across multiple platforms. Or, maybe a new business will spring up--distribution and revenue enablers for journalists. What do they call them--agents?

I work for an Internet ad company and our highest "conversion rate" sites are what my higher-ups call "media" sites - yahoo, msn.

The company was not able to spend its full budget last year because there was not enough ad space to buy on "media sites". No problems for buying ad space on hobby sites, shopping sites, etc.

I've been waiting for someone to make this connection. Personally, as a journalist, I have been very depressed by the WGA strike. I heard one viewer comment on CNN, saying, basically, why in the hell should we care about those writers? I think there is the same feeling about journalists. (Cue journalist protesting, "But good writing will always matter! The internet depends on old fashioned journalism!")

Doing something new out there -- like Politico or Propublica -- sounds good. But for a mid-career person, it's also incredibly risky. So many internet-based journalism start-ups will fail. So the question is: how to know what looks good enough to jump.

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