New archive for The Convergence Newsletter
The Convergence Newsletter archives have a new address:
http://sc.edu/cmcis/archive/convergence/
Labels: bookmarks, Convergence Newsletter, research
An extension of the Common Sense Journalism monthly column by Doug Fisher, former broadcaster, newspaper reporter and wire service editor. From new media to old, much of journalism is just plain common sense.
"In matters of style, swim with the current; in matters of principle, stand like a rock." - Unknown (often improperly attributed to Thomas Jefferson)
"It is difficult to get a man to understand something when his salary depends upon his not understanding it." - Upton Sinclair
"Common sense is not so common" - Voltaire
"Common sense is instinct; enough of it is genius" - George Bernard Shaw
The Convergence Newsletter archives have a new address:
Labels: bookmarks, Convergence Newsletter, research
I had a chance the other day to read Indiana University's (I'm an alum, BTW) summary of the latest in its long series of studies of journalists, this one called "The American Journalist in the Digital Age." (PDF)
Labels: FOI, investigative journalism, reporting, research
Why does it not surprise me that there is no S.C. city on this list of "most literate cities"?
Labels: circulation, miscellaneous, research
Then you have to read the interview with Media General CEO Marshall Morton in RichmondBizSense.com about why Media General agreed to sell most of its papers to Warren Buffett.
Although the bulk of its cash flow — 87 percent in the first quarter —comes from its TV stations, owning newspapers put Media General at a disadvantage when it came time to renegotiate its huge debt load.
That blindsided Media General, Morton said.
“The banks who had lent us the money no longer wanted to lend to media companies,” Morton said. “They just don’t have confidence in newspapers. You can talk until you’re blue in the face about the value of newspapers in communities, but if you can’t get capital …”
Publishing revenues are down about 50 percent over the past five years, Morton said, but much of the costs— printing presses, delivery drivers, etc. — have held steady.
“There was nowhere to hide from these revenue declines,” Morton said.
“Over the past five years, our first thought was that this was heavily due to the recession and, like many other recessions in the past, that this was a cycle. You tighten your belt, freeze hiring and even drop the number of people.
“So we went through a couple years thinking that was the way to handle it. But it kept going.”
It wasn’t until the second quarter of 2011, Morton says, “that we realized the world had changed.”I don't think Buffett is all nostalgic and doesn't understand the newspaper business as people like Clay Shirky suggest. In fact, I don't think he really bought newspapers at all - he bought cash flow from properties that, in general because of their location, are likely to throw off decent cash for at least a decade. He bought them at a fire-sale price. And he got the real estate and a 20 percent stake in Media General's broadcast operations as well (just as has often been noted, McDonald's is not so much a hamburger company as a real estate holding company that happens to sell hamburgers.
Labels: circulation, Media general, news business, newspapers' future, pay walls, research, Warren Buffett
Some new research by Mike Jenner at the University of Missouri presented at the industry "Mega-conference" this past week finds that publishers of weeklies see a long future for print, but they are moving -- slowly -- into the digital realm as well.
The absence of ubiquitous broadband Internet access across weekly markets and the competition for readers and advertisers are behind some of the decisions to implement paid content and mobile platforms and products.
Thirty-six percent of weekly publishers say their market is not saturated with broadband Internet coverage. Another 33 percent say their markets are saturated; while 31 percent are neutral.
Publishers see greater competition in their markets for ad dollars than for news coverage. Only 24 percent say they’re in a competitive news market. But the perception of competition for advertising is a different story: 47 percent of publishers say they’re in competitive advertising markets. One quarter say their markets are not competitive for advertising; another 28 percent are neutral.
Ninety-five percent of weeklies with more than 5,000 circulation have websites, compared to 77 percent of those with less than 5,000 circulation.
Labels: newspaper web sites, online-general, pay walls, research, weeklies
The December Convergence Newsletter is out with a couple of important articles looking at how news organizations' convergence practices have changed and challenging some of our assumptions about "digital natives."
Labels: broadcasting, converged newsrooms, convergence, Convergence Newsletter, newspapers, research, TV
A new study from the Reynolds Institute and the National Newspaper Association is being framed as "readers in areas served by community newspapers continue to prefer the community newspaper as their sources of local news and advertising."
The survey, in its sixth year, shows consistent trends.
Readers prefer the printed copy to the online version, with 48 percent saying they never read the local news online.
They prefer to receive advertising through the newspaper (51%) instead of on the Internet (11%). And only about a quarter of respondents said they had found local news through a mobile device in the past 30 days. Slightly more (38%) said they had received local shopping information by mobile device.Let me suggest a slightly different interpretation. If a quarter of your market said it was using a device to access your product -- in this case mobile -- would that be an "only" to you or a cause for management to start thinking strategically in that area?
They also have a strong preference for government accountability through newspaper public notice, with 80 percent saying the government should be required to publish notices in the newspaper.
"The survey shows a majority of respondents believe that the newspaper does a better job of providing background and depth on stories essential to citizens,” Anfinson said. “Further, the newspaper is more useful to them personally than any other news source. It not only highlights the strong bond between local communities and their newspapers, but demonstrates that people do value good journalism."
Labels: business, community journalism, mobile, newspapers' future, research
In my online wanderings, I came across some interesting research by a University of Maryland prof dealing with the use of links in stories.
Outbrain, an outfit that provides content recommendation and sponsored links on sites that install their widget, says it's gone through 100 million sessions representing 100 publishers that use its service to see how people are finding content.
Labels: linking, research, search engines