March 11, 2009

Newspaper Conference: Glimmers of Hope or Night of the Living Dead?

Posted by Rich Heidorn in Category: Mobile news, Newspaper Industry, Web video

My shoeshine guy is 84. He says we’ll get through this. I believe him.

Robert Ivan, tweeting, Haiku style, from the Newspaper Association of America’s mediaXchange conference

LAS VEGAS — It’s so quiet on the casino floors here that you can hear a — well, all right, it’s not that quiet. But with visitors and gaming revenue down sharply, this party town has a really bad hangover. The dealers at the blackjack table stand forlornly, no players to employ them.  Hotel room rates are marked down. (But the food court still charges $11 for a cheeseburger and potato chips, so it’s good to know some things haven’t changed.)

Were it not for the recession, the lush setting of the Mandalay Bay hotel and casino might seem an incongruous setting for a meeting of newspaper executives.  But the stillness of the casino floor mirrors the mood at the Newspaper Association of America’s inaugural mediaXchange conference.

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February 27, 2009

The Death of the Rocky Mountain News: It Didn’t Have to Happen

Posted by Rich Heidorn in Category: Newspaper Industry, Thinking like a publisher, Web video

The Rocky Mountain News published a lengthy, heartbreaking video obituary of itself today, its final day of publication.

What is most poignant about the piece is that it demonstrates how powerful — and potentially, profitable — newspaper websites can be when they embrace new media, in this case, broadcast-quality video.


Final Edition from Matthew Roberts on Vimeo.

The economics are compelling: Despite the recession, research firm eMarketer predicts spending on online video advertising in the U.S. will grow 45% in 2009. 15-second video ads can command CPMs (cost per thousand viewers) of $25 to $35, while the display ads found on news sites are typically priced at no more than $5 to $10. (And ad space the newspapers can’t sell is filled by ad networks at even lower rates.)

Local news organizations (formerly known as newspapers) that want to survive need to make their websites the #1 Internet destination in their region — a place the audience (formerly known as readers) will spend more time and national and local advertisers will want to sponsor.

That means not articles with a handful of amateurish videos (typical of newspaper websites) nor TV with a little text (typical of local TV affiliates’ sites). It is a third animal altogether, combining the power and immediacy of video, where appropriate, with the depth and analysis found in the best newspapers.

It is a site that has a multimedia tool chest and uses those tools in the most appropriate way to tell the story: Event stories (parades, community celebrations) may be best told as videos or photo slideshows. For more complex stories (e.g., the economy) video adds little if the only pictures are B-roll footage. (Does anyone need to see what a gas pump or a supermarket checkout line looks like?). For these stories, print or audio combined with charts and graphics, particularly interactive graphics (e.g., a calculator showing how the new tax law will affect you), can be extremely effective.

Local news websites will never generate the revenue newspapers did in the monopoly days before the Net. They will be smaller. They will be less ambitious. (Foreign reporting will be the province of national publications; lengthy investigative projects will require some form of non-profit model.) They will be less profitable. But there is a business model to be created here.

October 12, 2008

Do you remember your first time?

Posted by Rich Heidorn in Category: Newspaper Industry, Training, TreeHouse Media Project

I’m talking, of course, about voting.

For me, it was 1976, Jimmy Carter vs. Gerald Ford. I was a junior at Penn State, earning beer money covering the local city council for the school daily and still feeling my way at it. Now, I was being asked to help decide the future of our nation. Although I was more politically aware than most of my peers, I felt completely unqualified for the task – the same way I would feel 13 years later when the hospital sent me home with my infant son.

This year, my son and my twin daughters will be voting in their first presidential race. So, too, is my friend Paul Zingone, who shoots video for this site. I decided to try to capture the passion, angst and confusion among this new generation of voters and to provide them a way to educate themselves about the issues before they step into the voting booth.

Thus, the TreeHouse Media Project is about to launch a website for these first-time voters. It will include interviews, summaries of the candidates’ positions on the issues and links to interactive features (e.g. the Wall Street Journal’s Electoral Compass) and truth-squad sites such as factcheck.org and Snopes. (No, that’s not really Sarah Palin toting the gun in the flag bikini.) If we can figure out how to do it in time, we’ll also solicit user-generated video.

Surprisingly, few major news organizations offer comprehensive side-by-side comparisons of the candidates’ positions. NPR has a terrific series of audio reports and articles. The New York Times and CNN have comprehensive sites. But USA Today has comparisons of only six issues. And I haven’t been able to find any comprehensive issue comparisons on the sites of the Washington Post (though they do have an excellent fact-check blog), Newsweek, Time, the L.A. Times or the Wall Street Journal.

That was one rationale for embarking on this project. The other: doing a site for a potential audience of 13 million – the number of people coming of voting age this presidential cycle – would give us an opportunity to learn some guerrilla/tipping point/social media marketing skills.

Yes, we will embarrass ourselves along the way. At an Obama voter registration rally in Philadelphia – my inaugural attempt at shooting video – all but 17 minutes of the 40-minute tape was either black (must remember to open the lens cover) or of my feet (must remember to shut off the camera, also). I only botched one interview on my second shoot, at a McCain-Palin rally at Lehigh University last week (though there are several inartfully-framed shots, a consequence of using a light, consumer camcorder and of attempting to film people while walking).

You, dear readers, will be able to read about our successes and failures in near-real time. (Those of you taking our web-based WordPress class – beginning Wednesday Oct. 15 – will see it in real-time, as I ask instructor Brandon Maddox for help in designing and troubleshooting the site.)

I’m willing to risk embarrassment because I hope we’ll all learn from the experiment. So come by the construction site at http://my1sttime.treehouse-media.net/ and tell us what we’re doing wrong. Suggest ideas on how we can promote the site. Old-media dinosaurs like me need guides.

Or watch this spot for an announcement of our formal launch and for updates on our marketing efforts.

And don’t forget to vote.

July 17, 2008

Is there life after the newsroom? The Philadelphia Inquirer Reunion

Posted by Rich Heidorn in Category: Newspaper Industry, TreeHouse Media Project

Is there life after the newsroom? Is there a future for newspapers? Is the beer cold?

That was what was on the minds of 300+ colleagues from the Gene Roberts era of The Philadelphia Inquirer (1972-1990) as they gathered for a reunion on a hot, sunny day outside Philadelphia last weekend.

The answers: Yes! Sort of … and, oh yeah!

It was an Irish wake for the sort of swashbuckling journalism I was lucky enough to be a part of during my own tenure at the Inky (1982-1999). Surprisingly, there was much sweet, and seemingly little bitter. It had something to do with the beer, no doubt. The fact that most of the attendees no longer work at The Inquirer, which has been decimated by rounds of buyouts and layoffs since 2005, also was a factor.

But most of the good cheer at the gathering was due to the creativity, camaraderie and sense of purpose that Roberts and his deputy, Jim Naughton, nourished in The Inquirer newsroom — and the journalism that flourished as a result. “I think for at least 10 to 12 of those years we were putting out the most interesting paper in America,” said former Metro Editor Steve Seplow. “[It] may have not been the most complete – but it was the most interesting, the most imaginative, and did some of the greatest journalism. And it’s amazing how much warmth is still here, how much commitment there was to doing it. And you can feel it here.”


Those Were the Days

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July 5, 2008

Finding New Models for the Future

Posted by Rich Heidorn in Category: Newspaper Industry, Thinking like a publisher

Can newspapers survive?

No, says Wall Street bete noire Henry Blodgett in Why Newspapers are Screwed .

Maybe, suggests Chuck Taylor, a former Wall Street Journal and Washington Post staffer, in How an electronic newspaper could become profitable . In another article, Woe is the future of newspapers — not, Taylor notes the popularity of the Seattle Times and Seattle Post-Intelligencer web sites: “Stop the presses! Sell the trucks! Stop buying newsprint! That 19th century overhead is what’s killing newspapers, not the Internet.”

But the Wall Street Journal reported that pure-play Web companies last year surpassed newspapers in market share for local online advertising, 44% vs. 34%. (Directories — e.g. Yellow Pages — have 10%, and local television outlets 9%.) That’s a reversal from three years ago, when newspapers had 44% of the market.

Meanwhile, journalism professor Edward Wasserman provides some history in Can journalism live without ads?

Below are links to articles on some of the pioneers who are trying to invent new models for journalism.

Community News

  • An article on revenue models from New Voices, a program to seed innovative community news ventures in the United States.
  • Can Youth Sports Coverage Pay Off Online? The founder of a two-year-old website covering high school sports in suburban Virginia says he is earning a full-time living from advertising on his site, which attracts 10,000 unique visitors per month.

Non-profit models

  • An article from Jay Rosen’s Pressthink blog on creating the non-profit New Haven Independent, which incorporates elements of citizen journalism. “The readers have definitely become part of the process. Trained journalists still play a crucial but altered role. We’re more fact-gatherers, linkers, fact-checkers, conveners and referees than pundits or editorialists telling people what to think.”
  • The Christian Science Monitor, in Nonprofit Journalism on the Rise tells the story of the Voice of San Diego, which is winning plaudits for its coverage of city politics. It supports its staff of eight 20-somethings with $600,000 in contributions from donors.
  • Joshua Micah Marshall, whose Talking Points Memo became the first Internet-only news operation to receive the prestigious Polk award, has used a combination of advertising and charitable support according to this New York Times profile . Marshall’s business model, as described by the Times: “Begin as a tiny operation. Manage to gain a following. As the audience grows, ask readers for donations and accept advertising. As the advertising and donations grow, add reporters and features. Repeat as often as needed.”

Recent nonprofit online, newspaper, and journalism ventures include:

Free or Subscription?

Few publications can earn a living on subscriptions alone. Those that can principally serve highly-targeted business audiences with actionable — that is to say, valuable — intelligence and analysis.

Bloomberg, Dow Jones Newswires and industry newsletters have been doing this for years. My former startup colleague, Orest Mandzy, showed this model translates well to the web. His Commercial Real Estate Direct has a blue-chip list of Wall Street subscribers paying $1,750 per year for a daily digest of commercial real estate news and — most important — pricing data on the latest commercial mortgage backed securities offerings.

The Wall Street Journal’s WSJ.com generated $60 million in subscription revenue from more than a million subscribers in 2007 (though new owner Rubert Murdoch is considering making more content free).

But few general interest sites have been able to build a large enough subscription-based readership on the web. The New York Times dropped its TimesSelect service in September 2007, deciding its 227,000 subscribers and $10 million in annual revenue was less valuable than the advertising revenue that a larger audience could generate. The NYTimes.com total page views jumped 52% from the end of August through the end of October while unique visitors increased 64%. See AJR’s article Free at Last: Why major news outlets are giving up on charging for online content .

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