01 November 2009
Monitoring Change in Journalism - October 2009 Archive
News on Media in Transition
30 October
US:
- Time Inc. to Cut 600 Jobs
Time Inc., the world's largest magazine
publisher with over 10, 200 employees and 24 magazines globally announced its
plan to cut 6% of its staff to save costs. The cuts would result in 600 job
losses in the Time Inc. In a memo to the staff, Ann. S. Moore, Time Inc.'s
chairman and chief executive acknowledged that the company is facing
challenging conditions due to the ‘sharp decreases in advertising spending' and
this trend is expected to continue for the rest of the year. For the second
quarter of this year, Time Inc. recorded a decline of 6% in revenue and 15%
drop in operation income. The restructuring will take effect in two weeks. Time
Inc. will revamp its 24 magazines into three groups into news, illustrated and
style and entertainment. It will share writers among different groups to reduce
costs.
http://www.nytimes.com/2008/10/29/business/media/29mag.html?_r=2&hp&oref=slogin
http://paidcontent.org/article/419-call-of-the-times-time-inc-to-cut-600-jobs-6-percent-of-staff/
- WSJ to Close Boston Bureau due to ‘Profound Downturn' in
Advertising Revenue
The Wall Street Journal (WSJ) announced its plan
to close its Boston
bureau by the end of this year. Robert Thomson, editor-in-chief of the WSJ told
its staff that the closure is due to the ‘profound downturn' in advertising
revenue and he ‘must think the unthinkable'. The investigation teams in the Boston bureau will be
disbanded and the nine reporters will be able to apply for openings in the
company. Robert also reassured the staff saying that the WSJ has no further
plan to close any other US
or international bureaus.
http://www.boston.com/business/articles/2009/10/30/wall_street_journal_to_close_boston_bureau/
29 October
Germany
-
Broadcaster Considers Pay-TV as
New Source of Revenue
As the
traditional business model which heavily relies on revenue generated from
advertising in the media industry is gradually collapsing (see MCJ 23 October),
German broadcaster ProSiebenSat.1 announced its plan to introduce new pay-TV
services and other initiatives to generate more revenues from viewers rather
than relying on advertising. ProSiebenSat.1 aims to generate 30% of its revenue
from other sources within the next five years.
Unions and staff say that the channel should invest in quality rather
than look for different sources of income as audience is declining.
http://www.nytimes.com/2009/10/29/business/global/29broadcast.html?_r=1&ref=media
http://www.djv.de/SingleNews.20+M57b09017668.0.html
-
Government Looks for ‘Novel
Way' to Protect Online Journalism
In response
to the media crisis and the structural transition to a digital age in the media
industry, the new governing coalition led by the Christian Democratic Party and
the Free Democratic Party (Liberals) in Germany
has pledged to create a new kind of copyright to protect online journalism. The
proposal includes the creation of a new online business model which enables
newspaper and magazine publishers to claim royalties from Google or other news
aggregators for the use of their content online. However, like the deal on micro-payments with
Google in the US,
it is unclear how journalists and creators will have their work fairly
remunurated.
http://www.nytimes.com/2009/10/29/business/global/29copy.html?_r=1&ref=media
UK: BBC
to Cut Senior Management Budget by 25%
At the same time as
BBC world service journalists protested outside their London headquarters in solidarity with sacked
canteen staff, the BBC Trust announced it is cutting the senior management
budget by 25%, saving £20m over the next three-and-half years. The cost-savings
measures include reducing the number of senior managers by 18%, freezing the
pay of Executive Directors and members of the BBC Direction Group and an
indefinite suspension of bonuses for all Executive Directors and members of the
BBC Direction Group.
http://www.bbc.co.uk/bbctrust/news/press_releases/october/management_pay.shtml
http://www.nuj.org.uk/innerPagenuj.html?docid=1401
28 October
UK: 36 Jobs at Risk as London Lits Faces Closure
The Associated Newspapers, one of the largest UK
publishers announced the closure of its freesheet London Lits, putting 36
jobs at risk. The decision came two weeks after the London Evening Standard
went free, leading to widespread speculation that London Lits would soon go out
of business. Steve Auckland, managing director of Associated Newspapers, said
the paper is no longer commercially viable in long term in the highly
competitive market despite the paper reaching a large audience. Staff at the
London Lits were shocked by the closure and they were told that Associated will
try to find jobs within its titles for them.
http://www.guardian.co.uk/media/2009/oct/27/london-lite-associated-newspapers
Spain: Award-winning News
site is to Close
The 22-month-old, award-winning news site
Soitu.es announced its closure due to unsustainable advertising revenues.
Soitu.es has won two Online News Association's annual awards for general
excellence for non-English news site. Faced with the expanding and increasingly
competitive online market, Soitu.es struggles to attract advertisers in the
current media crisis, said the founder of the site, Gumersindo Lafuente.
http://www.soitu.es/soitu/2009/10/27/actualidad/1256642105_453965.html
http://paidcontent.org/article/419-pioneering-spanish-news-site-soitu.es-bites-the-dust/
27 October
Singapore: MediaCorp Launches
Convergent Newsroom
Singapore's largest media
broadcaster and providers, MediaCorp announced plans to launch a convergent
newsroom as a ‘one-stop shop' to distribute news across print, radio,
television and online media platforms. Chitra Rajaram, director of MediaCorp
NewsHub believes the convergent newsroom will show the ‘new dynamism and
synergies' across the newsroom. "a new facet of reporting the news has been
opened, and all of them will become conversant in more than one medium," he
said. The convergent newsroom in the MediaCorp will be the first of its
kind in Asia.
http://www.abu.org.my/abu/index.cfm/elementid/56128/MediaCorp-unveils-convergent-newsroom
US:
Newspaper Circulations Continue to Drop
Recent figures from the Audit Bureau of
Circulations (ABC) show that the average daily newspaper circulations fell by
more than 10% in the second and third quarters this year. The average Sunday
circulation for 562 newspapers also dropped by 7.49%. Of the top 25 US
newspapers, the Wall Street journal was the only one to increase, gaining 0.61%
to 2.02 million copies (despite the fact that it begun charging for online
contents in May) and became the largest US newspaper by weekday circulation
taking the lead from USA Today. Rick Edmonds, a US media business analyst said the
drop in newspaper circulations reflects the impact of the economic crisis on
the media industry and the transitional changes from print to online media.
http://www.google.com/hostednews/afp/article/ALeqM5gSD-ZvZJf7wiZ6L_avmPy1OQSMQQ
23 October
UK: News Aggregator Faces
Legal Threats for Linking
News aggregator News Now may face legal actions
for linking stories from newspapers. A group of UK newspapers warned the news
aggregator News Now of legal actions for linking their news content for
commercial use. Some of the publishers demanded compensation from the
site . Stuart Barlett, the managing director of News Now published an
open letter to the newspaper groups (including The Times, The Sun,
The Guardian, Daily Mail, Daily Mirror, The Daily
Telegraph, The Independent, Daily Express) asking them to
drop the legal threats. He defended that the site, saying it is operating
‘within the law' and does no harm to anyone.
http://www.journalism.co.uk/2/articles/536219.php
US:
- Circulation Revenue Takes the Lead at NYT
The changing media landscape has made the media
industry rethink the traditional business model which heavily relies on revenue
generated from advertising as, for the first
time, the New York Times (NYT) recorded a higher growth in circulation
revenue than the ad revenue. The Times reported its third quarter earnings
today and its circulation revenue increased by 6% to $175 million while its ad
revenue plummeted by 27 % to just $164 million. This is a drastic change of
revenue ratio and it may point to a new model for the news industry as many
news organisations adopted a paid-content model online.
http://www.cjr.org/the_audit/circulation_surpasses_ad_reven.php
- Journalists Are Ready to Go Digital and Bring Hope for the Profession
In a survey conducted by the Media Management
Centre, it shows that US journalists are eager to go digital. Almost half of
the journalists surveyed (3,800 journalists in the survey) think that their
newsroom's transition from print to digital is moving too slowly. The survey
also shows a positive outlook of the US journalists as the vast majority
of them said they were satisfied with their jobs and believed that they would
still be in the news business in two years time.
http://www.mediamanagementcenter.org/research/lifebeyondprint.asp
22 October
Canada:
Public Broadcaster Rebrands to Compete with Rivals
In response to the increasingly competitive media market, the Canadian
Broadcasting Corporation is to rebrand its news channel CBS Newsworld to a
round-the-clock news channel called CBC Network News (CBC NN). The rebranded
news channel will feature more breaking news and business and consumers news to
cater for young audiences and on-the-go viewers. CBC NN will also introduce a
multiplatform assignment desk to provide radio, TV and online news to younger
consumers simultaneously. Faced with the changing media landscape and
increasing competition from global media outlets, the CBC and the Canadian
private broadcasters are lobbying Ottawa
for bailout funds and regulatory relief to maintain local TV stations news
operations.
http://ca.reuters.com/article/entertainmentNews/idCATRE59L03G20091022
UK:
ITV to Cut 18 Jobs in ‘Tonight' Show
ITV announced
plans to cut 18 jobs in the current affair news show Tonight as another
cost-saving measure. Staff affected in the Tonight show felt ‘decimated' and
‘demoralised' after they have learned their fate. The editor and deputy editor
of Tonight show will also go, leaving a team of only three producers and three
assistant producers for the production. It is expected that ITV will work more
closely with its news supplier ITN and regional news team to maintain the
quality of the show.
http://www.guardian.co.uk/media/2009/oct/21/tonight-itv-18-job-cuts
21 October
UK: Birmingham Post Goes Weekly, Resulting 82 Job
Losses
Trinity Mirror ,
the UK media group which plans to close nine newspapers across the midlands
announced yesterday that the Birmingham Post will go weekly from 12
November. The decision followed a lengthy consultation process. About 82 jobs
are under threat with 40 journalistic redundancies from the Post and 42
redundancies from the transport, distribution and newspaper sales departments.
Both editors, Marc Reeves and Steve Dyson, will be leaving the Post. The
National Union of Journalists (NUJ) is shocked at the ‘savage cuts', saying the
editorial job losses were worse than anticipated.
http://www.guardian.co.uk/media/greenslade/2009/oct/20/trinity-mirror-birmingham-mail
NUJ's response: http://www.nuj.org.uk/innerPagenuj.html?docid=1380
20th October
UK: BBC Recruiting Social Media Editor
As social media
has become part of the news-gathering process, news organisations are
recruiting journalists who have expertise in technology and social media as a
response to the changing media landscape. The BBC is establishing a new post of
'social media editor' to 'help the organisation to learn how to explore and
navigate in social media'. Nic Newman, the BBC's future media and technology
controller said, 'We recognise social media plays an important part . the
decision to appoint a social media editor is the best way to understand what
works.' Last spring, Skype news appointed its 'Twitter correspondent' and ITV
also appointed a social media and online engagement manager.
http://www.guardian.co.uk/media/pda/2009/oct/19/bbb-creates-social-media-editor
US:
- NYT to Cut 100 Jobs
The New York
Times announced its plan to cut 100 jobs by the end of this year. The Times
will offer voluntary buyouts at first and resort to layoffs if it cannot reach
its 8% cut by the end of this year. The Times already trimmed 100 jobs last
year but the continuous drop in advertising revenue has forced the Times to
have further cuts in its news operations. Bill Keller, the executive editor of
the Times said, 'Like you, I yearn for the day when we can do our job without
looking over our shoulders for economic thunderstorms'. He added that the cut
will certainly add to the burdens and responsibilities of existing journalists.
http://www.nytimes.com/2009/10/20/business/media/20times.html
- Report Urges to 'Preserve Independent, Original & Credible Reporting'
In a report
co-authored by the Washington Post's former executive editor, Len Downie and
Michael Schudson, a professor of Columbia University Journalism School urged
the US federal government, non-profit organisations and civil society to work
together to 'preserve independent, original and credible reporting'. The report
warned that independent reporting that provides information, investigation,
analysis and community knowledge are under threat. It also stressed that the
focus for media professions and civil society is to find 'workable
alternatives' as the means of reporting are being re-invented. Alan Rusbridger,
editor of Guardian said there is an emerging collaborative journalism and the
future of newspapers is 'mutualised'.
http://www.cjr.org/reconstruction/the_reconstruction_of_american.php
http://www.google.com/hostednews/ap/article/ALeqM5icYJGk3hGr1wKGMk77yih8Qxb0ZwD9BEFAAG0
19 October
The Netherlands: Dutch Journalism Students Become De Volkskrant's Fact-Checkers
De Volkskrant, the
large Dutch newspaper launched an innovative programme with Tilburg School of
Journalism to invite journalism students to do " fact-checking
" . In a single day, the four journalism students found around 80% of the
stories checked contained some form of factual mistake. Journalists are making
more mistakes than ever before as they have less time to do fact-checking.
Monique Hamers, a mass communication professor at Tilburg School of Journalism,
said 'journalism organisations are cutting down on staff and some of the first
employees to leave the building are fact checkers.' She hopes the programme
will make media organisations realised that creating an internal fact checking
system would be much easier than they think.
http://www.cjr.org/regret_the_error/meet_the_tilburg_checkers.php
UK:
National Newspaper Circulations Keep Dropping
UK national
newspaper circulations recorded a further drop in September this year, according
to the figures published by ABC. The Independent experienced the greatest drop
at 15.6% after it had increased its price at £1 a copy. The Times and the
Guardian also saw a sharp drop of 10.43 and 9.73 respectively. The Daily Star
is the only UK
daily which experienced a rise of 18.06% in the difficult time. The Sunday
paper, Daily Star Sunday also experienced a mild increase of 0.61 while the
rest of the UK
Sunday papers experienced a drop in circulations.
http://www.pressgazette.co.uk/story.asp?sectioncode=1&storycode=44481&c=1
16 October
UK: YouTube to Stream Channel 4 for Free
As internet TV and online videos become more and
more popular, Channel 4 announced its partnership with YouTube to stream its TV
shows free by early 2010. Andy Duncan, the Channel 4 chief executive said the
partnership will ‘financially benefit both Channel 4 and our [sic] independent
production partners and help bolster our [sic] investment in quality British
content'. Under the partnership, Channel 4 will share the advertising revenues
with YouTube ‘on an agreed formula'. Channel 4 expects to make its programmes
directly accessible to YouTube's 20 million UK users and exploit the rapidly expanding
online advertising market.
http://www.guardian.co.uk/media/2009/oct/15/youtube-channel-4-google-deal
15 October
Australia: ABC Content Will
Remain Free
As many news organisations start charging
readers for their online news content, the Australian national news service ABC
announced that its content will remain free to its audiences. Mark Scott, the
managing director of ABC spoke against the paid-content model at the annual AN
Smith Memorial Lecture in Journalism in Melbourne.
He said, ‘A fully paid online content model for media organisations is doomed
to fail and the ABC will not bow to pressure from commercial media outlets to
go down this path.'
http://www.editorsweblog.org/newspaper/2009/10/abc_content_will_always_remain_free.php
Germany: Advertising Spending
in Traditional Media Continues to Fall
The recent figures on advertising expenditure in
Germany
show a gloomy picture of traditional media orgainsations. The figures published
by Nielsen showed that advertising spending in traditional media such as
newspapers, magazines and television in Germany fell by 2.4% in the first
nine months of this year to €14.3 billion. However, online media experienced a
surge of revenue from advertising. It has recorded a 16.8% increase in online revenue to a
total of €1.1bn.
http://www.warc.com/news/topnews.asp?ID=25814
Global: Facts are Free, but Comments are Sacred?
In a rapidly changing media landscape,
commentary is more sacred when news is available to readers at no costs. The
global media giant, Thomson Reuters struck a deal with the online financial
commentary site, Breakingviews.com at a huge price tag of £13m and broke the
traditional belief that ‘comment is free but facts are sacred'. News
organisations have been turning their attention to the value of commentary and
the potential to charge for it. The acquisition of Breakingnews.com will
fulfill Reuters' ambition to build a global commentary service. David
Schlesinger, editor-in-chief of Reuters said, ‘We expect the combined talent
and editorial strength of the enlarged team to enable us to become the world's
premier financial commentary service.'
http://www.guardian.co.uk/media/2009/oct/14/thomson-reuters-breakingviews
14
October
Germany: First ‘Personalised'
Newspaper in Europe
The first "Personal News" in Europe will be launched in Germany on 16 November. The paper
called ‘Niiu' will include news from major German papers such as Handelsblatt,
Bild and Tagesspiegel, foreign titles such as the Herald
Tribune and the New York Times, as well as major blogs and Internet
news sources. The paper will be in both English and German. Customers can
choose the length of their customised paper from only 8 pages to 60 pages per
daily. Its target audiences will mainly be students as it offers students a
much lower price of €1.20 per day
(while ordinary customers have to pay €1.80). The two young German
entrepreneurs who introduced the personalised newspaper are optimistic about
the business model as they expect that advertising revenue can be generated
from the targeted young audiences. However, they also acknowledged that this
would be ‘a risky venture' when traditional media are suffering fierce
competition online.
http://www.niiu.de/
http://www.kress.de/cont/story.php?id=130776
US: NYT Cancels Newspapers and Magazines
Subscriptions to Cut Costs
In time of crisis, any cost-saving measure
counts. In a recent memo from the New York Times (NYT) to its staff, it
candidly told the staff that the company is getting ‘tight'. As a cost-cutting
measure, the NYT cancelled all newspapers and magazines subscriptions to its
staff. Staffs at the NYT were informed that they have to pay for their own
newspapers or magazines even if they buy them for checking out their rivals.
The NYT also suggested staff share their newspapers and magazines and put them to
the ‘share and share alike' system.
http://www.observer.com/2009/media/times-metro-desk-cancels-all-newspaper-magazine-subscriptions
13
October
Germany: No More Free
Newspapers
The era of free
newspapers in Germany
has ended with the announcement of the closure of the last German free newspaper,
SZ Primetime. The A4-sized afternoon paper was launched in January 2007
with a circulation of 13, 000. It is owned by the German newspaper
publisher Süddeutsche Zeitung. Free newspapers were
first launched in Germany
in 1997. Since then, many have been closed, including die Sportzeitung,
Business News, FTD Kompakt, etc.
http://www.newspaperinnovation.com/index.php/2009/10/12/last-german-free-daily-closed/
UK: Guardian to
Recruit Bloggers and Citizen Journalists for Community News
After much discussion and experiment of the
hyperlocal news model (see MCJ on 5 Oct), the Guardian announced
plans to launch its community websites early next year as an experimental
project starting in Leeds, Cardiff and Edinburgh. The community
websites will mainly be run by bloggers and citizen journalists. Emily Bell,
the director of digital development at Guardian News & Media, said she was
impressed by the range and depth of coverage from local websites and blogs; and
this experimental project ‘reflects both the shifting nature of journalism and
the reality on the ground'. The launch of community news websites is also
expected to turn the trend of declining local news and to restore public
scrutiny on corruption in public institutions by keeping up local coverage.
http://www.guardian.co.uk/media/pda/2009/oct/12/guardian-local-news-bloggers-emily-bell
12
October
China: Beijing
Holds a Three-day "Win-Win" World Media Summit
Beijing held a three-day (8 -
10 Oct) World Media Summit, gathering over 170 media organisations from over 70
countries. Participants included some of the media giants like News
Corporations, Google, BBC, CNN, Reuters, Turner Broadcasting System, ITAR-TASS
Kyodo and Associated Press (AP). They also made a joint statement with the
biggest state-owned agency in China,
Xinhua News Agency, to urge media outlets to provide ‘accurate, objective,
impartial and fair' coverage of news events. The Chinese President Hu Jintao
addressed the opening ceremony and highlighted the theme of the summit on
‘Cooperation, Action, Win-Win and Development'. The summit also discussed
challenges and opportunities in the current changing media landscape around the
world.
Source: http://www.worldmediasummit.org/
http://news.brisbanetimes.com.au/breaking-news-world/china-unveils-its-global-media-ambitions-20091011-gs41.html
South America: Brazilian Newspapers
Celebrate Their Booms
While
newspapers across Europe and the US are struggling to maintain
readership, Brazilian newspapers are experiencing the biggest boom ever.
According to the Instituto Verificador de Circulacao, the total circulation of
Brazilian newspapers rose 12% in 2007 compared to a worldwide average rise of
2.7%. There are more people in Brazil
reading newspapers than ever before. Brazilian newspapers have enjoyed rising
advertising revenue every year since 2001. The boom of Brazilian newspapers is
due to the rapid growth of the country's economy. Marcelo Salomon, the chief
Brazilian economist at Barclays Capital in Sao Paulo, explained, ‘There's a
new, emerging group in Brazil with much more consumption power than in the past
and a great deal of pent-up demand.'
http://www.guardian.co.uk/media/2009/oct/12/brazil-newspapers-circulation
9
October
Netherlands: De Telegraaf to Close its Sunday Edition
The
Dutch newspaper group Telegraaf Media Group (TMG) announced the closure of its
Sunday edition due to drop of advertising revenue. De Telegraaf, the
Dutch daily morning newspapers with the highest circulation in the Netherlands
will stop the publication of the Telegraaf op Zondag at the
end of the year.
http://www.telegraaf.nl/binnenland/5030037/__De_Telegraaf_stopt_met_zondagkrant__.html
http://www.dutchnews.nl/news/archives/2009/10/hollands_only_sunday_paper_to.php
Europe: EAO Casts Doubt over
the Future of the Burgeoning News Channels
André
Lange, the head of markets and financing at the European Audiovisual
Observatory (EAO) warns that some of the European TV news channels will ‘go
bust in the next few years'. Recent statistics published by the EAO show the
doubling of TV news channels in the past five years with 162 national and
international news channels. However, faced with the growing popularity of the
Internet, the Internet advertising is starting to overtake TV advertising (see
the case in the UK
in previous MCJ). As a result, TV industry will be competing head-on
with newspapers on the Internet.
http://blogs.rnw.nl/medianetwork/tv-news-channels-explode-in-europe-but-future-unsure
8 October
Europe: Montgomery Predicts "End
of Editors-in-Chief"
It
was not long ago when people considered the loss of sub-editors would put an
end to quality journalism. But what's left for the future of journalism if even
the editors-in-chief are dropped? David Montgomery, the CEO of the Pan-European
newspaper group, Mecom, indicated that he would get rid of the editors-in-chief
and replaces them with ‘content directors'. Speaking in the AOP Publishing
Summit 2009, Montgomery , the former editor for the Sun, the Daily
Mirror, the News of the Word and Today said, ‘ A couple
of years ago I said sub-editors were going to go out of business. But now I'm
saying that editors-in-chief are going to go out of business...I see very shortly
that editors-in-chief will be replaced by content directors...' Early this year, Montgomery already
announced that the traditional newspaper model was ‘bankrupt, unviable, and
finished'. His corporation reported a 75% fall in operating profits in the
first six months of 2009 and a cost savings target for €100m is set for the
year. In January, it already sold its German titles, as well as some of its
Norwegian papers in February.
http://www.pressgazette.co.uk/story.asp?sectioncode=1&storycode=44447&c=1
http://www.journalism.co.uk/2/articles/536061.php
Ireland: 17 Journalists Face
Redundancies as INN Faces Closure
The
Irish-based radio news service, Independent Network News (INN), will be closed
on 30th October and 17 journalists will lose their jobs. Journalists
made redundant by the INN will only receive a minimum payment under Ireland's
redundancy laws. In response to the announcement, the National Union of
Journalists (NUJ) expressed its ‘shock and anger'. Séamus Dooley, the
Irish Secretary said that the announcement was handled in a ‘disgraceful
manner'. He said the closure of INN would have
‘serious implications for media diversity and competition within the
independent commercial radio sector'. The NUJ initiated an online petition to
seek alternative options to closure and ways of savings jobs.
http://www.irishtimes.com/newspaper/breaking/2009/1001/breaking48.html?via=mr
Join
the petition: http://www.nujcampaigns.org.uk/cgi-bin/show_campaign.cgi?c=7
6
October
UK:
-
The Times and Sunday Times Launch Membership Scheme
Following
Rupert Murdoch's plan to charge for online content, the Times and Sunday
Times launched a membership scheme called ‘Times +' at an annual fee of £50
offering readers special offers and access to exclusive events. The scheme
seeks to retain customer ‘loyalty' and open another revenue stream for the
corporations apart from paid-online content. It is expected that other
publications will soon follow suit.
http://www.guardian.co.uk/media/2009/oct/05/times-sunday-times-membership-scheme
-
NUJ Campaign - Fighting Job cuts in the Publishing Industry
Faced
with the media crisis, the National Union of Journalists (NUJ) in London is organizing a
two-day job summit for the publishing industry as part of a union-wide campaign
against job cuts. The campaign aims at helping colleagues in the magazines and
books industries who face redundancies by providing them with a practical guide
to deal with cuts collectively in their work place. The summit will take place
at the NUJ headquarters, on Saturday 10 October from 11.30 am.
http://www.nuj.org.uk/innerPagenuj.html?docid=1354
US:
Magazines Publishers Discuss Joint Venture with Time Inc for Digital Newsstand
The
magazines industry in the US
is finding new way to make money online by starting a joint venture with the
media conglomerate Time Inc. The US
magazines publishers are in talks with Time Inc to discuss the possibility of
starting a joint venture launching a digital newsstand to deliver their titles
to mobile devices and electronic book readers, Reuter UK reported.
Users of the digital devices could buy subscriptions on a monthly or annual
basis through a digital newsstand. This joint venture would provide a better
deal to publishers as they can set their own terms for dealing with their
readers. Currently newspaper publishers have to give away 70% of the
subscription revenue to Amazon for periodicals sold to the Kindle users.
http://uk.reuters.com/article/idUKTRE59207320091003?sp=true
5
October
Czech Republic: Media MacDonald's, the
Future Newsroom?
As
the media industry struggles to find solutions to the changing media landscape,
a two-day (1 - 2 Oct) World Editor Forum Conference held in the Czech Republic came up with some ‘high quality
standards and low cost solutions'. One of these solutions is ‘Media
MacDonald's', where newsrooms become ‘Starbucks-style news cafes' based in
local communities and , journalists act as ‘community managers', ‘trainers' or
‘coaches' managing news content provided by local communities and
"citizen" journalists. Thirteen weeks after the launch of the Media
MacDonald's in Czech Republic,
the circulation of the paid-for weekly newspaper keeps growing. Bertrand
Pecquerie, Director of the World Editors Forum expects the launch a
year-long rollout of 220 weeklies, 89
news cafes and 700 websites. http://www.2015newsroom.com/opening/en/index.html
http://www.editorsweblog.org/multimedia/2009/10/journalists_become_trainers_coaches_for.php
China to Build its Media
Empire
As
the country's economy is blooming, China
sets its vision to build the next media empire by pouring billions of dollars
in the next few years, according to the plan revealed by China's State
Council. The plan will loosen the rules on foreign investment (though foreign
companies are still under the state scrutiny in a partnership regime with
state-owned media companies) and allows Chinese media companies to be listed in
the stock market. Recently, China
has been updating its state-run news media, increasing foreign language
publications, wire services and television programmes to reach overseas
audiences. The Shanghai Media Group (SMG), one of the country's biggest
state-run news and media conglomerates, just recorded around $1 billion in
revenue and $100 million in profit last year. The plan to boost the media
industry will further benefit SMG with an injection of $1.5 billion from China
Development Bank and the government policy bank will become a partner with SMG
on a separate $735 million private equity fund.
http://www.nytimes.com/2009/10/05/business/global/05yuan.html?_r=2&ref=media
United Arab Emirates: ARN Expects Stronger
Growth in 2009
While
media organisations in the West are struggling to survive, the Dubai-based
Arabian Radio Network (ARN) is expecting stronger revenue growth in 2009.
Steven Smith, the chief operating officer at ARN said, ‘Ad revenue has been
really good...Still, we are going to be up on 2008 for the year.' The ARN is
the largest group of radio stations in the UAE which caters to three major
regions including Arab, the West and Asia.
http://blogs.rnw.nl/medianetwork/
2 October
UK: London Evening Standard: First Broadsheet to
Become Freesheet
The
London Evening Standard today announced that it will be the
first " quality newspaper" in the world to
become a freesheet. The announcement was a ‘historic moment' ending its
182-year history of a paid-for title, said Geordie Greig, editor of the
Standard. The decision causes fear of job losses. However, Alexander Lebedev,
the Russian billionaire and the owner of the paper said that the editorial
quality of the paper will not be compromised. He said, ‘I want to invest in
newspapers in general...the Standard has been producing exceptional journalism
since 1872 and that is not going to change under my ownership'. Further, the
switch is expected to double the circulation from around 250,000 to more than
600,000.
http://www.pressgazette.co.uk/story.asp?sectioncode=1&storycode=44419&c=1
US:
The Washington
Post Partners with Bloomberg
The
Washington Post announced that it will launch a global service with
Bloomberg in January 2010. The service called ‘the Washington Post News Service
with Bloomberg News' will offer news organisations a selection of 120 stories
including photos and graphics. The Post's entire news content will also
be available to subscribers to the Bloomberg Professional service over
Bloomberg terminal.
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1004017985
1st October
US: Tax-break Plan for
Press Buildings Adopted in Wisconsin
After a series of debates and speculations on the
future of newspapers (see MCJ on 22 & 24 Sept), a tax-break plan has
finally been adopted by the US
state of Wisconsin.
According to the plan, any building associated with a news publication will be
exempted from property taxes. However, the scale of the plan is criticised as
‘too little, too late' to save many of the newspapers, which either have closed
down or merged. Currently, only the printed press can benefit from the
tax-break plan. Other media organizations are still struggling because of the
crisis.
http://www.editorsweblog.org/newspaper/2009/09/proposed_tax_breaks_for_newspapers_in_wi.php
UK: Survey Shows 70%
Digital Publishers Will Charge for Online Content
Since
the News Corporations announced the plan to charge online news content in
August this year, more online news publishers are adopting the pay-content
model. The annual survey by the Association of Online Publishers (AOP) shows
that about 70% of digital publishers in the newspapers, magazines and TV
industries will charge for online content. This marks a major shift when
comparing to the survey results in 2007, where only 48% news organisations
considered online charge. The increasingly easy access of mobile internet is
considered to be the driving force as 69% of publishers think mobile phone will
become the most important distribution channel for news.
http://www.guardian.co.uk/media/2009/oct/01/aop-digital-publishing-charging-for-content











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