Media stories of note for Tuesday, March 19, 2013:
The British House of Commons has passed measures to establish a new press regulator. Press Gazette reports that judges will be permitted to award punitive damages against publishers who do not sign on to the new entity, which will be established by royal charter, seek arbitration of disputes, and be amended only by two-thirds support in both Houses of Parliament. Major newspaper firms have reacted critically. The measures follow the Leveson inquiry into press conduct.
The Atlantic delves into data from the new State of the News Media report and identifies the critical slide in advertising revenue for the newspaper business and their websites. In 2012, newspapers lost $16 in ad revenue for every $1 they gained in online ad revenue. Indeed the entire growth in the last decade of digital revenue does not make up for a single year of declines since 2003.
The Knight Foundation is critical of many journalism schools, noting they haven't mastered the Web much less prepared their students for even more modern developments in gathering, telling and distributing their content. Where Knight is financing social and mobile applications, some schools haven't found ways to integrate the Web, Poynter's Andrew Beaujon reports.
The British House of Commons has passed measures to establish a new press regulator. Press Gazette reports that judges will be permitted to award punitive damages against publishers who do not sign on to the new entity, which will be established by royal charter, seek arbitration of disputes, and be amended only by two-thirds support in both Houses of Parliament. Major newspaper firms have reacted critically. The measures follow the Leveson inquiry into press conduct.
The Atlantic delves into data from the new State of the News Media report and identifies the critical slide in advertising revenue for the newspaper business and their websites. In 2012, newspapers lost $16 in ad revenue for every $1 they gained in online ad revenue. Indeed the entire growth in the last decade of digital revenue does not make up for a single year of declines since 2003.
The Knight Foundation is critical of many journalism schools, noting they haven't mastered the Web much less prepared their students for even more modern developments in gathering, telling and distributing their content. Where Knight is financing social and mobile applications, some schools haven't found ways to integrate the Web, Poynter's Andrew Beaujon reports.
