Media notes for Friday, April 12, 2013:

Nieman Journalism Lab carries a column from the author of The End of Big, digital strategist Nicco Mele, and fellow Kennedy School lecturer John Wihbey. They suggest news organizations could benefit by serving as platforms for talent. While the Internet blurs brands, it can empower individuals,they write for Nieman. Organizations should recognize that all media will be social media soon, so their best bet is to tout those who create their content as a new form networked news emerges. The challenge isn't saving the news business, they argue, but the individuals creating for it. In other words, their actual brand.

John Newby, an Illinois newspaper publisher writing for the International Newsmedia Marketing Association, looks at the very different approaches of Warren Buffett (a buyer of community newspapers) and Advance Publications (a reducer of print frequency in its newspapers) and wonder which one is right. He notes community papers may suffer some declines and revenue challenges, but are in the best position to deal with digital transformation because of their market dominance. And the papers in heavy competition are smart to reduce those legacy costs to preserve their operations. In other words, both approaches are right.

Two product launches of note at either end of the new and legacy media: Twitter is launching its own stand-alone music application that recommends on the basis of personal signals (including who one follows), and the U.S. newspaper industry is launching Wanderful, an online shopping tool aimed at buttressing its insert business, at 327 sites. Both services are ambitious expansions
 
 
Media stories of note for Monday, April 8, 2013:

The good news for U.S. newspapers is that their revenue declines slowed in 2012, in part because some digital revenue stepped in somewhat to ease the slide, particularly revenue from digital subscriptions. The bad news is that the decline continued, the Associated Press reports, to the extent of about two per cent. Revenues for the industry were $38.6 billion, down from $39.5 billion.

Sources of strong revenue for smaller community newspapers are legal notices on bankruptcies, name changes, estate wills and the like. But a proposed California law would permit such notices to only be posted online, a move that would seriously undercut the business models of the papers. Other states have started to implement such laws, in part because they are more affordable ways to publish such notices.

The New York Times examines the growing presence of sponsored content online, noting that other forms of advertising have not been effective and that the association of a brand with editorial material has started to demonstrate greater appeal. Of course, the approach has its critics.
 
 

The trend line for the big-city metro newspapers in the North America has been well-discussed, but one sector bucking the decline is the community newspaper. It's still withstanding the effects of migration to the digital sphere.
The Suburban Newspapers of America (SNA), which represents about 2,400 papers in the United States and Canada, reports revenues declined only about 2.4 per cent in the second quarter. They totalled about $482 million in that period.
While that hardly seems like a success, it's dramatically better than the urban counterparts' record, particularly in the U.S., where the declines have been significant.
The reason appears to be two-fold: hyper-local editorial and advertising content more meaningful to neighborhoods and communities, and an emphasis on retail advertising of greater resiliance to national economic trends.

 

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