Results matching “says future for newspapers”

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.

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.

In a time where newspapers seem to be losing more and more revenue, figures from Gannett Co. Inc.'s fourth quarter released today, showed potential positive results for the months ahead.

According to The Wall Street Journal, Gannett swung to a profit in the fourth quarter following $5.6 billion in prior-year write-downs. Lower declines in advertising sales combined with much lower expenses helped the newspaper publisher show improvement.

Although only 35 people have signed up for Newsday subscriptions since it was put behind a paywall last October, these dismal figures hide the Long Island daily's grander scheme: a paywall that nobody notices because it is bundled with a cable television subscription.

The owners of Newsday also own Optimum Cable, according to Guardian, which supplies cable TV to 75% of Long Island homes, Newsday's backyard. Newsday.com was offered to these subscribers at no additional charge, bundled with cable and high-speed Internet services. Therefore, the number of people who signed up for to the Long Island daily since October was not 35, but 1.5 million, the people that currently have Optimum Cable subscriptions.

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.
 

 

Journalists should be willing to fight for strong freedom of information and open records laws, said the president of the Associated Press in a speech on Friday.

Speaking at the Kentucky Press Association, AP president Tom Curley stressed the importance of these laws as part of the "journalistic tool kit" to help reporters access information in the public interest.

"It's vital," he said. "A strong FOIA in the hands of strong journalists with strong legal support breaks news."

The holding company for MediaNews Group, publisher of The Denver Post, San Jose Mercury News and 52 other daily publications, has filed for bankruptcy, Editor and Publisher reports.

Affiliated Media Inc., the privately held parent company for the publisher, expects to emerge from bankruptcy in one or two months. It has said that it has a deal with creditors to reduce its $930 million debt to $165 million. Lenders including Bank of America would get most of the company's stock, wiping out shareholders such as Hearst Corp. A bankruptcy court in Delaware still has to approve the plan.

The BBC will not try to compete with local publishers, according to director of BBC news Helen Boaden, MediaWeek reported.
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Speaking at the Oxford Media Convention, Boaden said that BBC websites would not become more localised in the future.

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? 

The Financial Times has launched a series of new iPhone apps for its FT-branded travel guides, Brand Republic reports. `

The newspaper publishes the Little Book of Business Travel series. Content from the guides to Beijing, Hong Kong, Macau and Shanghai will be available on the new apps. And their content will be primarily the work of FT journalists.

At least some of the bankrupt newspapers owned by Canwest may have found a buyer, Editor and Publisher reports. A group of investors is preparing bids for three of the largest dailies: The National Post, The Montreal Gazette and The Ottawa Citizen.

The consortium includes Beryl Wajsman, editor of Quebec's largest English-language weekly, The Suburban; Raymond Heard, a former Montreal Star managing editor and former editor of the London Observer News Service; and Jerry S. Grafstein, a former Canadian senator and founder of the Toronto television station CITY-TV.

Non-profit investigative news groups have been encountering many of the same financial difficulties as the newspapers they have been working with, according to the AP's Andrew Vanacore.

As newsrooms cut costs and staff, investigative non-profit groups like the Center for Investigative Reporting (CIR) have picked up where they left off, or more appropriately, what they left out. Charitable foundations and philanthropists have pumped tens of millions of dollars into these non-profit watchdogs to investigate issues like corruption and the environment, which some newsrooms lack the resources to cover.

Conflicting reports came out of San Francisco over the weekend regarding the future of the Bay Area News Project, the non-profit local news station housed in the city's public broadcasting network KQED and bankrolled by Warren Hellman.

According to B-Net, the much reported multi-media deal combining the reporting expertise of UC Berkeley's Graduate School of Journalism and the radio and television capabilities of KQED finally collapsed after negotiations stalled. B-Net's David Weir alleged that infighting over resources and leadership at KQED and the GSJ's lack of clout in San Francisco made an already complicated merger just too difficult - leading Hellman to withdraw his $5 million contribution.

However, Neil Henry, Dean of the GSJ, was quick to refute those reports: "The Bay Area News Project is alive and well and ready to start business. The first board meeting will be conducted next week. We have secured an outstanding CEO and an extraordinary editor in chief whose names will be announced later this month. The only change since our announcement in September is that KQED will not play a role as a founding partner, but we look forward to its active participation."

The future of Twitter is mobile phone applications, says Jean-Sébastien Cruz, CEO of Netco Sports, France, speaking at the WAN-IFRA conference 'Using sports news to optimise your revenues'.

He points to some important trends in the areas of social networking and mobile applications. Newspapers that create pages on Twitter find themselves on the same level as any user, he says. The iPhone has the fastest penetration we've seen, and is rapidly changing the way we use the web, pressing buttons rather than using URLs. The Apple tablet is coming soon. Apple makes payment easy through the centralised App store, and provides a robust software development kit. And sports apps make up a substantial part of the massive growth in app downloads.

So what is NetCo Sports' strategy? Their objective is to have 2500 apps in 15 sports worldwide by 2012. They have created 200 iPhone apps in the field of sport so far, and their first was launched in 2008. Each one is available in five languages, and recognises the language of the phone automatically. A search for football in the Apple store brings up their Football 10 app. He calls this an encouragement to arrive quickly and be present early. His company has a 25% market share in France, with 30 million pages read through their mobile apps. Canal+ is their advertising partner, and receives traffic and visibility from the arrangement.

Greg Hadfield, Telegraph Media Group's head of digital development is to leave the newspaper group after only a year in the role. He made the announcement at the news:rewired event yesterday, organised by Journalism.co.uk. TMG today issued a statement saying: "Greg Hadfield was employed at TMG on a 12-month contract which expired at the end of last week. It was mutually agreed that this would not be renewed."

As the latest news from Tuesday's earthquake outside of Port-au-Price trickles in to the mainland, newspapers have faced many of the same logistical challenges as rescue crews as they struggle to cover the scale of destruction wreaked on this poverty-stricken Caribbean nation.

With only one foreign correspondent based in Haiti, Jonathan M. Katz of the AP, many major newspapers like the Wall Street Journal struggled initially to get their journalists on the ground. The 7.0 magnitude earthquake had destroyed what little infrastructure Haiti already had, razing government buildings, hospitals, and homes. Telecommunications and power lines have been unreliable if present at all.

Mecom, a 'content and consumer business' under David Montgomery, publishes 25 million newspapers per week across Europe; thrice as many as the UK's Johnston Press. In 2007 the company's share price plunged a disastrous 97 percent due to weak advertising and debt, an unfortunate turn of events the news publisher been struggling to recover from ever since.

Trading up yesterday however, revealed an altogether brighter outlook for the publisher of some 300 titles, its share price jumping 14.8 percent, topping the FTSE Small Cap .FTSC leaders board.

With newspapers struggling to make a profit as advertising revenues decrease - just in the last quarter of 2009, American newspapers earned 17% less from online advertising than they had done a year earlier - many newspapers have turned to offering their online content for a fee.

The Telegraaf Media Groep has the advantage of already having a significant presence in the news landscape of the Netherlands, and Brouwers hopes that his new network can collaborate with Telegraaf's more traditional properties. He realises, however, that his platform is going to be very different, and also that the Telegraaf newspapers will be careful about how much of their content they give away. 

The buzz is building with all the speculation about an Apple tablet, but for now it's Hearst Corp. making headlines after unveiling their new e-reader, the Skiff Reader.

The new device is designed for reading newspapers and magazines. It will also allow users to read other digital content including e-books, personal documents, and blogs.

Larger than a Kindle DX, with an 11.5 inch (29.2cm) touchscreen, it measures a quarter of an inch (0.63cm) thick, and weighs one pound or just under half a kilogram.

The Guardian's new iPhone app sold 9000 units in its first two days, in a development that may point to a key future source of revenue for newspapers.

The app was launched on Monday, and it was uncertain whether or not consumers could be prepared to pay the £2.39 asking price. Many news apps are free, including those offered by The Telegraph, The Financial Times, Thomson Reuters, The New York Times, The Wall Street Journal and USA Today.