Archive for the ‘Business of media’ Category

So Twitter ‘will endure’?

Sunday, January 3rd, 2010

(Adapted from a post to the internal discussion board for my winter 2010 Medill course, “How 21st Century Media Work”)

“I’m convinced Twitter is here to stay,” David Carr writes in Sunday’s New York Times. “And I’m not alone.”

I’m thinking he’s probably right, and for the same reason: “the real value of the service is listening to a collective voice.”

It didn’t start that way for me any more than it did for Carr. It was July 16, 2007, when the Tribune’s Brad Moore told me about a new text-messaging service that RedEye had started to play with. He was reporting to me as its general manager then, and his folks were doing their best to stay on top of communication trends that its twentysomething readers were starting to embrace.

As it happened, I wouldn’t even join Facebook till August of that year, and FriendFeed, Fark, and Digg were even further in the future. Anyway, I signed up, though I didn’t get around to “tweeting” for another month. And it wasn’t until 2008, when the interns that I’d hired to build the Tribune’s social media profile started to show how Facebook + Twitter + Digg = Pageviews, that it dawned on me that those 140-character messages might be a big deal. So I opened a second account — @YoungOwen, the one I’m still using today, since I have been unsuccessful in getting Twitter to untether my first one from my extinct Tribune mobile phone.

And sure enough, I’ve learned enough from tweeting and reading other people’s tweets to see that, like fax machines and filing cabinets, this service is something that’s not going away. As Carr observes, it has become part of the infrastructure; he quotes Clay Shirky: “Anything that is useful to both dissidents in Iran and Martha Stewart has a lot going for it.”

It goes (almost) without saying that the precise business model hasn’t quite emerged. But let me be the one millionth person to note that countless companies are piggybacking on it, mining the real-time “statusphere” or “Twitterstream” to keep track of their brands, promote themselves, or find potential customers. All of those uses are applicable to journalists and media companies as well as technologists and gossips.

It is a peculiar and arcane skill, tweeting something that might be of interest to people you don’t know (which can happen all the time with the right #hashtag). But since journalists need to do that nearly every day in their “real lives,” it seems also to be a useful one.

If you’re not on Twitter, you could do worse than to follow Carr (@carr2n) and the nine users he highlights. You might well wind up deciding to tweet what you learn.

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It’s an e-reader! No, it’s a tablet! No, it’s . . . a means to an end

Sunday, December 27th, 2009

a30_businessIt seems that one of the questions I got asked most frequently in 2009 – at weddings, in email, in the church narthex, at Northwestern – was some version of “Should I get a Kindle?”  Even people who aren’t sure assume that I have one (and indeed, thanks to the generosity of friends, I have a couple).

The most recent version of the query came from Tribune literary editor Liz Taylor, who wondered if I could write a piece for the Printers Row pages of the Saturday Tribune on “why you use it, and maybe some tips . . . but as a WORD person, who loves books no matter what the form.” Well, sure. You can see the result, from the Dec. 26 edition, here.

Meanwhile, it seems that there were nearly as many articles on e-readers published this Christmas season as there were books to consume on them.  Christmas morning, for instance, the Trib business section reported on shortages and / or delayed launches of several Kindle competitors; on Christmas Eve morning the NYT’s “Bits” blog used an interview with Jeff Bezos and some data mining of customer comments to lay out a reason why all those competitors were rushing to get into the market.  It’s getting to the point that covering e-readers is like covering presidential politics: lots of focus on the horse race, very little on either the technology or the use case.

Which is why I probably enjoyed the Economist’s Dec. 12th piece, “Read all about it,” more than most.  It’s mostly about the display technology behind the readers; as the piece’s pullout summary puts it, “Readers of electronic books must choose between long battery life or vibrant, living colour. Could they have both?”  This is the place to go if you want to read about choleristic LCD’s and electophoretic displays, among other contenders to provide an answer to that question . . . while responsibly pointing out that “in the history of ingenious display technologies, only a handful have ever made it into mass production.”

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Was that a year? Well, it was 50 weeks of one.

Saturday, December 26th, 2009

There were still two weeks left to go until 2010, but on Dec. 17 I bravely joined Michael Miner of the Reader and Mark Fitzgerald of Editor & Publisher on Milt Rosenberg’s “Extension 720″ on WGN Radio to discuss the year in Chicago media.

If you are looking for two hours of background chatter as you organize gift receipts and packages for an afternoon of exchanging and refunding at the mall, you have come to the right place.

Extension 720 Uncut Podcast 12-17-09 Part 1 – WGN Radio.

Extension 720 Uncut Podcast 12-17-09 Part 2 – WGN Radio.

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Not dead yet, but for how much longer?

Monday, November 30th, 2009

As I have mentioned here a couple of times, the students of the fall Interactive Innovation Project at Medill have been studying the past, assessing the present, and projecting the future of obituaries as a form of journalism and as a source of audience and revenue for publishers. Today on its Web site, obitresearch.com, the class released a white paper, “The State of the American Obituary,” that contains their findings.

They report that the central position that newspapers have held in communicating the news of Americans’ deaths is substantially threatened by changes in technology and audience behavior. Unlike other categories of aggregated listings, this is an area where newspapers today still retain a dominant market share.  In fact, Legacy.com Inc. – the Evanston-based aggregator of newspaper death notices that sponsored the research project, and where (disclosure) I am an independent board member – hosts death notices for 7 of every 10 Americans who die each year.

The class found that new user- and family-driven forms of remembering the dead, on social networking sites like Facebook and MySpace as well as standalone memorial sites and services, are attracting audience members who want not only to read about their friends and loved ones, but also to participate in their memorialization. While this began happening as soon as the first Web browsers appeared, the growth of social media, particularly among the Baby Boom generation, is causing an acceleration.

In preparing their report, the eight students who worked on this project conducted quantitative and qualitative surveys, reviewed scholarly and industry research, and conducted interviews with employees at newspapers nationwide. Based on their findings, they conclude with recommendations to media stakeholders on how to adapt to the many changes in the landscape of grieving, remembering and memorializing the dead.

You can download the report here. It was principally written and edited by Ashley Bates, Ian Monroe, and Ming Zhuang.  Contributing researchers were Jake Bressler, Alina Dain, Chris Deaton, Tiffany Glick, and Kate Goshorn.

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Co-operative-etition, Chicago style

Tuesday, November 24th, 2009

The festival of links you can create these days when writing about new business models for the news industry is a wonder to behold. As we have noted here before, it seems sometimes there are almost as many conferences on the topic as there are stories about paid content, most of them involving Rupert Murdoch and/or Google.

Chicago News Cooperative logoOne prominent example, of course, is beginning to play out right here in Chicago: The Chicago News Cooperative launched last week, publishing two-page reports in the Friday and Sunday editions of the New York Times. I of course am watching with much interest, given that, by my count, I worked at the Tribune with around three-quarters of the 20 people named on the staff page today.

I suspect the Tribune and Sun-Times are watching with interest, too, given that the Tribune chose Sunday to publish another [not "the second" as originally reported--ORY] in a series of spadeas about its priorities (Capturing the Chicago Experience – click to download PDF, 3.44 mB). Its letter to readers from editor Gerry Kern ends, “We are Chicago’s newspaper. We tell your stories.”

(By my lights, the most remarkable thing about the Chicago News Cooperative example is that the NYT’s own journalists actually wrote about the launch. I guess that’s another example of how the world is changing; in the Olden Days, writing about anything your employer had done to try to improve its business prospects had a good chance to get you hooted out of any newsroom in America.)

But let’s not spend any more time here on background.  If you want more, read Alan Mutter’s piece at “Reflections of a Newsosaur” from earlier this month. Instead, let’s see what Chicago readers found in their driveways and newsstands Friday and Sunday morning, and not just in the NYT (using the acronym consistently today, to avoid confusion).

After all, CNC editor Jim O’Shea and his colleagues say they’re not out to supplant the existing newspapers; they are out to protect and sustain a kind of reporting they perceive as threatened, the public-service journalism “that we feel is crucial for a democracy . . . and provide accountability for the institutions and public officials in the city, county and state.” (Quote is from a WTTW interview with O’Shea, video after the jump.)

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