from the past to the future
Judy Woodruff, the anchor and managing editor of PBS NewsHour for nearly 10 years, retired at the end of 2022. Many are sad to see her go. Her on-air personality was warm and earnest, and she presented her liberal perspective softly. But throughout her tenure, NewsHour viewership remained stuck at around a million households, this during an historic epoch of high news consumption. Nor did the program’s digital audience grow much at all. The NewsHour as currently positioned could be generated by Artificial Intelligence – and nobody would notice. You don’t believe me? Read this! Plus, the usual update on the most interesting developments in media since we were last together
Without advertising, your media product is toast – and other heretical thoughts
There are many who claim that the business of media advertising is dying, that it is impossible for publishers to compete with Google and Facebook, that subscription revenues are all publishers should rely upon. Let’s unpack these assertions and expose the naiveté behind them. Plus, the latest update of the most important recent developments across the world of media
Living in LaLa Land
The herd is almost always wrong. It seeks safety in numbers because it is lazy, and terrified of an original idea. Independence could get you killed. That’s why conventional thinking can cripple an established business. This examination of the editorial process inside news companies is a call for change based on new product and market thinking. Plus, the latest update on new developments across the world of media
The Age of the Skim
Back in the days of monopoly distribution, selling the news was a fantastic business. Local media outlets, with captive customers and competitive insulation, enjoyed profit margins as high as 25% or even higher. The internet dismantled their monopoly advantage. Now, offering general news like that is a shitty business. In a world where diversion is just a click or a swipe away, user engagement with general news products is irregular, with short, shallow usage sessions and erratic visit frequency. Smartphones have given birth to the Age of the Skim, which has made the engagement problem even worse. How to build audience by transforming skimmers into engaged customers with a predictable consumption habit is the singular challenge faced by media outlets today. The second challenge? Learning how to sell them, of course.
Plus, the fall 2021 update of the most interesting current developments in media…
Where’s the beef?
Five insights guaranteed to shortcut the path to profitability of any news start-up – they’re the basis of the playbook both Axios Local and 6AM City are using to fuel the rapid growth of their local offerings. Plus, the usual summary of the latest developments in digital media, from another epic Murdoch fail to Nextdoor’s public offering to the surprising resurgence of Yelp to a heartfelt memoriam for one of the last great newspaper editors…
As local newspapers continue their fall to extinction, digital news start-ups are emerging to fill the market gap. But do they understand how the market for news has changed? And do they understand the process of building a start-up business in the digital age?
Breaking the stranglehold on the news
Newspapers are dying and digital news companies are struggling because their newsrooms either refuse to listen to the markets they serve — or don’t know how to. In the age of data, they’re flying blind. It’s time for a new generation of news product specialists…
The luckiest guy on the planet
the story behind the bankruptcy of one of America’s largest newspaper companies — and why other newspaper companies are zombies, too
How well do you know your market?
The content management system is important. But the customer management system is critical
Hey, there, millennial media person! Do you know what Customer Lifetime Value is and why it’s so important?
Pravda, the U.S.A. edition
Fox News Channel hosts are brazen in their allegiance to Trump and his agenda. It’s as if they work for Pravda, the mouthpiece of the politburo. But behind their pretense of objectivity, mainstream media is no less biased
Between a rock and a hard place
Traditional news monopolies had no incentive to invest in the art and science of creating user demand. So when the Internet arrived, users grabbed the chance to go to more interesting places. Can they be persuaded to come back?
Why is local news so boring?
There is an art to telling a story. Even a local news story can be rendered in an attractive way. So why isn’t it?
Local news, emerging from the ashes
– local news in a post-newspaper world
When the circus came to town
– bad things happen when the status quo rules
Why is marketing so important?
– because without an audience, you’re talking to yourself
“The Only Newspaper In The World That Gives A Damn About Yerington” or, The End of Local Media
Differentiating your product is the ultimate marketing challenge in the digital world – and local doesn’t cut it
Can anyone be trusted?
Why you watch the news you watch and visit the news sites you visit
Too much of the news web is a remix – because good journalism costs money
A new year – and a new era in news
2015 – a new era in news begins. Just as cable television created a new product cycle in media, introducing brands like Discovery and CNN and HBO, so new digital brands like Vox and Buzzfeed and Reddit are rising on the Internet
Tener el martillo sin la una. To have the hammer without the nail.
There’s no Silicon Valley in Europe. Over the pond they take a different approach to technology development. It’s top-down versus […]
The Heart of the Newspaper Problem
There is a level of fixed cost to newspaper publishing below which the business cannot be sustained
Digital First Media – the end of the beginning
This is a great time to be in the news business – if you’re not a newspaper. Andreessen Horowitz just […]