Jun 232008
Ivan

The Telegraph and its widgets

Blog, media, social media

widgets 

 The Daily Telegraph is making strides in implementing its online strategy after the latest ABCe figures revealed that the Mail Online had overtaken it to become the UK’s most popular national newspaper site in May, with 18.7 million unique users.

Crucially, the Telegraph isn’t just thinking that having a Facebook and Twitter presence is the key to a great digital strategy, like so many of its rivals. What the Telegraph has realised is that just as social media allows individuals to consume media in a more fragmented and personalised way, so they can actually benefit from that, by allowing individuals to follow personalised sections of Telegraph content. The dream for content owners trying to fight against falling traditional media circulations, is being able to segment and offer their content online to their audience in a completely personalised way. It’s quite an involved process to achieve that when you consider how broad a national newspaper’s coverage is, and how many segments that could be, but the Telegraph has taken a big first step on that road, and with these widgets is making an important stride into the mobile space too.

What is worth noting about the Telegraph’s approach is that six of its eight new widgets are all designed to drive traffic and engagement with Telegraph TV - the online video that’s become so important to all the major newspapers. Beyond that, there’s a breaking news widget and a toe in the water with a slightly more ‘niche’ European Championships Football widget. Apparently there are plans to launch further specific sports and business widgets shortly.

Above all this shows the Telegraph’s open approach to digital and clear understanding that it’s not just about pushing people through the Telegraph.co.uk front page, or amassing a number of fans on a Facebook page or twitter feed, but giving people direct access to the content they are really interested in, in the way they want it. We’ll just have to see in the next two or three months how big an impact that will have on the ABCe figures…

May 062008
Ivan

Are newspapers really on the brink of extinction?

Advertising, Blog, media

newspapers 

That’s what an interesting article in the latest edition of The Economist claims, specifically looking at the US newspaper market. The piece uses the faltering fortunes of the New York Times as a case in point, citing slipping circulation figures and advertising revenues being down 12.5 per cent on the same time last year. Now the two are, to a large extent linked. What is to blame, I hear you ask? well nothing other than The Big Bad Internet offering free, 24/7 news coverage and taking with it a share of the classified advertising newspapers relied on for so many decades.

But that’s the bad half of the story, the good half of the story is the vast oppotunity the The Big Bad Internet is offering media companies. People’s habits have changed, and the 24/7 news market moved away from newspapers a long time ago to TV and cable news networks. It’s just gone online too in the past five years. So what’s the big problem? Well there isn’t one if you accept how media consumption has changed and adapt. London’s Daily Telegraph has done so and seen it’s web site traffic surge.

Newspapers will never die - there will always be a huge market of individuals who like the experience of leafing through a newspaper, and getting stuck into more detailed news analysis and features. Those same people will likely be getting their breaking news fix online. I can say that with confidence because I am one of those people.

The key for newspapers is to understand that dynamic and look at what kind of publication you are, want to remain and adapt to reach your audience through the channel they want to receive you through. IDG is one media house that’s done that successfully and is doing very well out of it. Now it’s time that others follow suit, rather than moan about how traditional media consumption no longer exists.

Change, is after all, a good thing. Isn’t it?

May 022008
Ivan

Does Google have the key to monetising online video?

Blog, Google, Joost, TV, Veoh, YouTube, media, online TV

watchingtvsmall.jpg

Google CEO Eric Schmidt came out earlier this week saying that he hasn’t yet figured out the perfect solution for making money from online video. His comments come after Google’s earnings report revealed that the $1.65bn acquisition of YouTube is yet to reap the kind of financial rewards that were hoped for.

But across the board, advertising in online video is something that still hasn’t been addressed properly, and the PCTV market is going through an interesting phase. Lack of content has already forced the once heralded Joost to retreat to the US and niche content areas. Hulu is doing well with content, but finding many of the same issues with advertising as the rest of the market. Meanwhile others such as Vuze are hoping that a technology advantage in delivering high-def content will help them gain cut-through.  

But while different online video providers are fighting to carve out their own niche, none has yet addressed the major issue for driving advertising revenue - and that is finding a genuine format and solution that works for advertisers - and educating them about it.

Schmidt was typically cryptic about what answers Google has planned saying only that top secret new products would be launched this year and that the advertising format - whatever it is - will be valuable to consumers as well as advertisers themselves. He insisted they will go far beyond the in-line text ads, overlays and top and tail ads that are already common with online video.

 Until then, plenty of others are just playing catch-up and trying to squeeze more value out of a model that is far from perfect. Warner Bros has just announced that it will offer its DVD film titles online, on-demand on the same day they release the DVDs, which is progress, but a long time coming… Will Google come to the rescue?

Mar 062008
Daljit

CIPR Event: Social Media - The Assassin or Saviour of Traditional Media?

Blog, media, social media

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The rise of Social Media, whether it be blogging, social networks or YouTube has created a new generation of consumer content creators. Individuals now have tools to publish and broadcast their views on your organisation, brand or industry and potentially reach an audience of millions with the simple click of a mouse.

As the content creation generation matures, what are the implications for traditional media? Will today’s news organisations whether in print, TV or online survive and more importantly retain their authority and influence? How are media outlets adapting to the rise in ‘citizen journalism’ and reaching out to the public to help create the news?

Above all, what are the implications of Social Media for the symbiotic relationship between the media and PR industry that has endured for so long? On Wednesday March 26th the Greater London Group is bringing together an expert panel to debate these fundamental issues and attempt to find some answers including:

- Pete Clifton, the BBC’s Head of Editorial Development and Multi-Media Journalism

- Shane Richmond, Communities Editor of Telegraph.co.uk.

- Stephen Davies, Webitpr, Social Media and PR blogger

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Cost: Tickets for this event are £20 for CIPR members and £25 for non CIPR members.

Booking: To reserve your place please email Marta Sadowska on marta@dapr.com. Payment in advance by cheque is required. Cheques made payable to CIPR Greater London Group should be sent to Marta Sadowska, Davies Associates, 95 York Street, London W1H 4QG quoting your membership number, email address and contact phone number. An electronic invoice or receipt can be supplied on request. The closing date for bookings is Wed 19 March 2008.

Feb 262008
Daljit

FT Launches Social Networks for Industry Execs

Blog, Social Networking, media

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Would you pay £2000 to join an online social network? Well the FT is hoping so with the announcement today that its will be launching the first of what it’s calling Members Forums aimed at leading figures in digital, new media, mobile and telecoms. The £2000 includes an access pass to its conferences, which might be the real motive for setting up these groups. It will be interesting to see how the tools and services put in place by the FT compare to those freely or far more cheaply available from the likes of LinkedIn and others.

The idea of focusing on elite executives and bringing them together online is an in interesting one and I can see the logic of the FT helping to do this where sector-specific networks don’t currently exist. The Property and Luxury Goods sector are apparently the next on the FT’s list to be targeted.

Whether members will continue to pay the premiums once larger and far cheaper alternatives become established is another question.

Jan 292008
Daljit

Alastair Campbell Cudlipp Lecture

Blog, media

alastaircampbell.jpg

I would highly recommend a look at Alastair Campbell’s Cudlipp Lecture on the state of the modern media. Reading his arguments on how technology has created more media space but at the expense of quality and the herd mentality of news outlets over stories such as Madeliene McCann, I found myself nodding in agreement. There is also a rather sceptical section on citizen journalism – as follows:

“The internet gives access to news, information and consumer choices unimaginable before. On the other hand, it has further contributed to the general shortening of our attention spans. And in civic or citizen’s journalism, which sounds so benign there can surely be nothing wrong with it, it has become home to a form of journalism in which there are things constantly said and written which in old media would lead to papers and radio stations being shut down.

Working out where news and views are coming from, and what weight to attach to them, at a time when a new blog is created every second of every day, is now an essential part of the media consumer’s toolkit. It has meant an acceptance that certain basic journalistic standards which used to be taken for granted have been eroded. News can be news simply for the fact that someone reports something, regardless of veracity. Anyone can be a journalist. Anyone can be a cameraman. A rumour can be launched on a message board and find its way quickly, if interesting enough, into the US presidential election debate. It is a new landscape. I would love to know where it is all heading.”