Results matching “print and online news”

The Guardian Media Group (GMG) today sold its regional media business to Trinity Mirror in a £44.8 million deal, it was widely reported. Of the price, £7.4 million comes in cash and Trinity Mirror is releasing GMG from a £37.4 million print contract.

The deal is due to be completed by March 28. The Guardian, which was previously known as the Manchester Guardian before moving its main office to London in the 1960s, will still have a Manchester-based reporter.

Vendors shipped a record 54.5 million smartphones in the fourth quarter of 2009, 39% more than the 39.2 million shipped in the same quarter in 2008, according to IDC information on PC World.

Four of the top five smartphone sellers beat their shipments records for a single quarter, according to numbers released by the International Data Corporation (IDC). Following a 98% increase in smartphone sales in the fourth quarter of 2008, Apple has regained its spot as third largest smartphone vendor, behind longtime leaders Nokia and Research in Motion

The MediaNews Group has released details of its plans to charge for content online, announced in November last year, Bloomberg reports. The publisher will adopt a metered system similar to that planned at The New York Times.

Two newspapers, the Daily Record in York, Pennsylvania, and the Enterprise-Record in Chico, California, will start charging in May. They will give users access to up to 25 'premium' articles a month, after which they will be required to pay a fee. Print subscriptions will include access to the website. Premium content may include some columns and investigative reporting, MediaNews president Joseph Lodovic said.

The founding director of a Political Management master's degree program at the George Washington University surveyed 371 print and web journalists from September to October of last year, with the aim of establishing to what extent social media tools are used in the research and distribution of articles.

The results of the online survey, reported on the university's newspaper website, found that 56 percent of those surveyed said that social media was important or somewhat important for reporting and producing stories, with the overwhelming majority citing the internet as the starting point for their research- despite the fact that 84 percent said news and information delivered via social media was slightly less or much less reliable than news delivered via traditional media.

News applications for iPhone have met an undeniable success with French readers, but the task of monetising this through selling content, services and advertising still remains, according to Les Echos.

The director of electronic editions for Libération, Ludovic Blecher, said that the iPhone had revolutionised the consumption of news on mobile platforms. The Libération iPhone app was launched in the autumn, as was that of Le Figaro, and they have been downloaded 400,000 and 600,000 times respectively. "Around 30,000 people open it every day," Blecher said. Figures for Le Monde are even higher: it launched its app in November 2008 and has just reached 1.3 million unique downloads, attracting between 200,000 and 250,000 hits a day.

The launch of Apple's iPad has garnered much optimism in the newspaper industry, driving hopes that the innovative tablet computer will be able to breathe some new life into an industry battered by an advertising downturn.

Much speculation has placed very high hopes on the capacity of the iPad and a slew of new generation e-readers to revamp the industry and bolster its business model. But, as Poynter Online's Bill Mitchell reports, the iPad will probably not be the solution to all of the newspapers' woes, but this sleek electronic device could play a substantial role in the migration of users from a cost-heavy past to a more efficient future.

The iPad isn't the key to monetising news online, opines journalist and consultant Steve Outing in a new post on his blog, but personalisation might be.

He suggests that he will be no more likely to pay to read news websites on the iPad than on his computer. Since he reads many different news sources, he finds that there is too much news to pay for all of it, and highlights the importance of personalisation beyond iGoogle or Twitter feeds amid all this choice.

In this context, he compares the personalised web news service iCurrent, still in beta, to the personalised music service Pandora, which offers similar music to songs and artists that the user already likes. It learns more about what users enjoy as they click thumbs-up or thumbs-down on different songs.

Back in November the newspaper rumour mill whispered word of an all-new freesheet to grace the streets of the capital, The London Weekly. By December, marketing manager Paul Morris announced a launch date of the 1 February and its partnership website went live.

Despite a rather unpolished online offering (from a company that claims to have £10.5 million  in the kitty), displaying few regular news updates written by just two users and registered from a German server, Morris last week maintained that the 250,000 copies of the freesheet would be handed out every Friday and Saturday - although the start date would now be delayed until the 5 February.

While The Wall Street Journal struggles with advertising, it continues to diversify its offerings by delving into another realm - travel services. PaidContent reports that the WSJ officially announced Thursday the launch of WSJTravel, a website that will offer 50 travel packages to destinations including Africa, Asia, Australia, Europe, and South America.

Time's James Poniewozik has suggested that the significance of the New York Times's paywall is symbolic, rather than a sign that paid online content is the future for news. "Any pricing scheme that can raise actual money risks chasing away actual readers," and this why the NYT's charging method "probably won't make much difference to the Times's coffers or its readers at first."

As Poniewozik  says, there are many people who won't end up paying for an online subscription to the New York Times. Print subscribers will get free access, casual readers won't have to pay, and those directed via other websites won't pay. 

Newspapers have not only lost significant advertising revenue in the last couple of years, they have also been losing government support in the form of subsidies in the last forty years, concludes a new study by the University of Southern California.

According to Poynter, a new study of historic subsidies and emerging trends tracks various tax breaks, reductions in postal subsidies first enacted in 1792, and upcoming cutbacks in public notices that government regulations have traditionally forced into American newspapers. The study provides valuable insight, if not clear-cut recommendations for print media to follow, about the thorny issue of government funding for media.

Newspaper publisher McClatchy is going to try out charging for content online, Editor and Publisher reports.

Chief Executive Gary Pruitt said that McClatchy will trial a pay model on one of its newspaper websites, suggesting that a number of articles could be available for free before the reader hits a paywall.

After months of much hype and speculation, Steve Jobs finally took to the stage to unveil Apple's new highly anticipated tablet computer - the iPad.

With its official introduction at an event in San Francisco yesterday, Steve Jobs has finally laid many rumors about what the electronic device can do to rest, while igniting hopes about the iPad's ability to bring new life to 'old media' and to revamp the e-reader market.
 

 

The Amaury group, responsible for both Le Parisien and L'Equipe, has given its publications a face life this week, with all 48 pages of the former appearing in colour for the first time on Tuesday, and divided into five new sections: Fact of the day, News, Local News, Sports and Leisure.

L'Equipe is set to integrate three new pages into its design, the first appearing today, the second in Thursday's edition and the third in Friday's, as a response to reader surveys. From March the publication will introduce a motoring section, which will appear every Monday- intended to deal with the production of cars as opposed to buying and selling.

The Washington Post may be looking into providing readers with more news and information on local business. A source told the Washington City Paper that the Post is planning to launch a business publication called Capital Business, which would be issued weekly and cost US$1.99 per week.

This comes less than a year after the Post shuttered its daily business section to "save on newsprint - an important objective in these times." However, the Business Insider pointed out today that the prototype sent out to subscribers for their input is in print, not online.

For more on this story, please see our sister publication www.sfnblog.com

Online news consumption has dropped among young adults, but risen among older consumers, according to a new study by IBM's Media and Entertainment Group. The study's full findings will be reported in coming weeks, and may mean the newspaper industry needs to decide even faster how to make its online offerings economically sustainable, Dorian Benkoil reported in Poynter Online.

Young people aged 18-24 were the only segment that recorded a year-on-year drop for any digital media category, specifically for online newspapers. In 2008, around 64% of those surveyed said they had read a newspaper online in the last year, while by 2009 that figure had fallen to 54%.

The British international business newspaper the Financial Times (FT) has announced several appointments to its US staff, Editor and Publisher has reported.

The new staff are in the coverage areas of business, finance and markets, and will report to the US finance and business editor Francesco Guerrera.

From dock connectors to web analytics to guessing the name of this elusive gadget, all speculation will reach its pinnacle when Apple's widely anticipated tablet is finally unveiled at an event in San Francisco Wednesday.

The much-hyped iSlate (the name of the actual device has not been confirmed) is rumored to have a sleek 10-inch color display and Wi-Fi capabilities allowing newspapers, magazines, and book publishers to deliver their products with an eye-catching design.
 

The Wall Street Journal print and online editions will be separated into different business groups under a Dow Jones corporate reorganisation, its president announced in a memo.

Under the restructure, president Todd Larsen wrote, five separate business groups will each operate with a clear profit and loss approach:

• - The Wall Street Journal in print
• - The Wall Street Journal Digital Network
• - Dow Jones Financial Markets, which includes Newswires and products for financial professionals
• - Dow Jones Corporate Markets, which includes Factiva
• - Dow Jones Indexes.

Editor of the Guardian Alan Rusbridger made clear his feelings on paywalls and the growing importance of social media during the 2010 Hugh Cudlipp lecture yesterday, entitled 'Does journalism exist?' The Guardian reproduced the text of the lecture here.

Hugh Cudlipp was an editor at the Daily Mirror from the early 1950s to early 1970s,
a period in which, as Rusbridger pointed out, newspaper editors' key challenge was producing good editorial content, rather than trying to come up with a new business model, which is a top issue confronting all editors now.

A new web-only daily newspaper has launched in Scotland, The Guardian reports, after being expected for some weeks.

Called the Caledonian Mercury, the paper takes its name from one of Scotland's first news journals. It is edited and largely written by former staff from The Scotsman who departed after deep budget cuts at the paper. They will work as freelancers, and will be paid partly according to the "value" of their copy to readers and advertisers. How this will work is not yet clear.

New York Times executives Janet L. Robinson, president and chief executive of the company, and Martin A. Nisenholtz, senior vice president for digital operations, have answered readers' questions about the upcoming paywall. It was announced on Wednesday that the US's premier general-interest paper was to launch a metered payment system in early 2011.

The paper seems to be taking the crucial issue of ease of use seriously, with the executives stressing that "we are determined to make subscribing as smooth and easy as possible" and they hope that the infrastructure of NYTimes.com will "provide our Web users with an uncomplicated, frictionless experience."

The Wall Street Journal (WSJ) has launched a new mobile-optimised website for its Asia edition, and another for its Europe edition, allowing users to access regional news on any web-enabled mobile phone.

The Asia edition features updates from Asia.WSJ.com and includes text from the sections What's News, Markets, Technology, Opinion, Personal Finance and Life & Style, as well as additional market-specific news from China and India.

The Europe edition, from Europe.WSJ.com, features similar news sections, except with market-specific news from the UK and Europe and a section titled Europe In-Depth. It will update as often as the website itself.

Much of the transformation in the newspaper industry is led by the big western players: The New York Times has announced it will charge for content, The Guardian has launched a paid news app for the iPhone, and the Apple tablet is eagerly anticipated.

But these changes affect other parts of the world, as the Egyptian newspaper Al-Ahram reminds us. "In Egypt, we are also experiencing a seismic media evolution," Tarek Atia writes, in a considered op-ed on the state of the newspaper industry in Egypt and the future of media.

Yesterday, following months of deliberation, the New York Times announced that it was to go forward with charging online, with a plan to implement a metre system in 2011. It is the biggest publisher yet to lay out paywall plans, and the move is undoubtedly highly significant for the newspaper industry as it struggles with a failing business model. Will this save the New York Times? Could it signal the end for free online content?

Similar to that used by the Financial Times, a metered payment system would allow readers to access a certain number of articles free per month, and then request payment for more: a flat fee for unlimited access. Print subscribers will continue to have free access, even those who subscribe to just the Sunday paper. An online subscription will also cover access via smartphones. The first click free from search engines, which is used by the Wall Street Journal, will also apply. More details such as pricing have been released yet, and the publisher's statement said that the next year will be used to build "a new online infrastructure designed to provide consumers with a frictionless experience across multiple platforms."

A metered system rather than a more fixed paywall has the advantage of not alienating the casual reader who can still visit the site free on occasion, and not angering journalists by blocking off specific articles (an issue with the Times' previous attempt at charging online, TimesSelect). "It allows NYTimes.com to remain a vibrant part of the search-driven Web," reads the Times memo sent to staff by executives Arthur Sulzberger and Janet Robinson, published by Poynter.

It does have potential flaws, however. Before the NYT's announcement, Reuters writer Felix Salmon criticized the way that the FT's flat fee system does not actually work like a metre: suggesting that instead the New York Times should implement a payment process under which readers are charged depending on how much content they consume. And presumably those who are determined not to pay will find ways around the paywall, using multiple accounts, for example.

The Financial Times welcomed the New York Times' decision, according to the Guardian, with CEO John Ridding saying "We welcome the New York Times' new online business model, which is similar to the FT's. We believe in the value of quality journalism and we are pleased that others feel the same way." The FT recently announced that for the first time, its content revenue was greater than its advertising revenue in 2009, after raised cover prices and more online subscribers signing on.

The FT now has 121,000 subscribers. Going by the pricing on the FT's website, it seems that they pay between €186 and €363 per year (depending on whether they choose a standard or premium subscription). Working on the assumption that about half of subscribers pay for each (and that the FT is not counting joint print-online subscribers in this figure), that would mean that the paper could be bringing in something in the region of €33 million from its paywall in direct revenue from readers. And the Wall Street Journal, which offers a different kind of paywall, has an estimated one million paying online subscribers.

This figure is encouragingly high, but how much encouragement can the NYT take from this? As a general interest paper with the most popular website out of all US papers, the Times has a far bigger pool of potential subscribers. But the FT's specialist financial content is something that more people might see as worth paying for. Indeed for some, it is news that is necessary for their business. And with the FT's main international rival the WSJ also charging, there is not an ubiquity of similar news free on the web.

The New York Times does seem to have a better shot at making charging for online content work than other US general interest newspapers. Its status as the number one national paper is largely unquestioned. It has always made a greater proportion of its revenue from content than most newspapers do, receiving 55-60% of its income from advertising compared to a typical figure of 80-85%. The current price for a print subscription is high, at between $550 and $770 a year, depending on location and offers, but many people are still prepared to pay this: more than 800,000 continue to renew their subscriptions, according to the NYT's David Carr.

Given the paper's financial situation, it is unsurprisingly that the paper is looking at changing its business model. Despite its reputation and high number of website visitors, financial constraints have pushed the New York Times into carrying out lay-offs and pay cuts. Mexican billionaire Carlos Slim came to the publisher's aid last year with a $250 million loan, but if the paper is to continue to produce top-quality journalism, it needs a steady revenue stream.

Poynter writer Rick Edmonds maintains that the NYT's decision to charge "makes business sense." He believes that the Times will not "lose any meaningful number of unique visitors," and agrees with Ken Doctor that paying users represent a significant targeting advertising opportunity. The Times' memo sent to employees said that executives expect that "digital advertising will continue to be the major contributor to our success on the Web."

Slate editor Jack Shafter is critical of the NYT's strategy, judging it "too easy for freeloaders to game their way around it" and "a waste of the gargantuan audience they've attracted." He suggests that looking into improving web advertising would be a better way to go forward. Jeff Jarvis argues on his blog BuzzMachine that the NYT's plan will end up charging "the readers who are worth the most while serving free those who are worth least," which he believes does not make sense. 

With the New York Times on board, efforts to charge online are likely to speed up. Rupert Murdoch's News Corp publications are expected to introduce paid online content in coming months, and there is an increasing sentiment that it just doesn't make sense to give away content that should be seen as valuable. Not everybody agrees, however, and over at the UK paper with the most popular website, Guardian editor Alan Rusbridger has said that his publication will remain free online. Others will undoubtedly stick to a similar course and provide free alternatives, making it harder for those who do charge. Which business model will eventually prove more successful?