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