Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.

November 12 2010

21:18

4 Minute Roundup: Newsweek-Daily Beast Merger; Slate Hurting?

news21 small.jpg

4MR is sponsored by Carnegie-Knight News21, an alliance of 12 journalism schools in which top students tell complex stories in inventive ways. See tips for spurring innovation and digital learning at Learn.News21.com.

In this week's 4MR podcast, I discuss the recent merger announcement between Newsweek magazine and online publication The Daily Beast. The deal becoming finalized was first reported by Nick Summers, a former Newsweek reporter now at the New York Observer. I talked with Summers about the challenges Newsweek has faced, and his back-and-forth online with Slate's Jacob Weisberg about the current state of Slate.

Check it out:

4mrbareaudio111210.mp3

>>> Subscribe to 4MR <<<

>>> Subscribe to 4MR via iTunes <<<

Listen to my entire interview with Nick Summers:

summers final.mp3

Background music is "What the World Needs" by the The Ukelele Hipster Kings via PodSafe Music Network.

Here are some links to related sites and stories mentioned in the podcast:

Observer Exclusive - Newsweek and Daily Beast to Merge at NY Observer

New Details Emerge on Newsweek-Beast Merger at NY Observer

Daily Beast, Newsweek to Wed! at Daily Beast

Newsweek, The Daily Beast Combine at Newsweek

Jacob Weisberg Was a Web Pioneer. But He Doesn't Much Care for What Works on the Web Now. Can Slate Recover? at NY Observer

Press Clips - The New York Observer's New Disclosure Problems at the Village Voice

Weisberg - NYO wrong; Slate's going gangbusters in memo at Romenesko

Slate's Traffic Is Gangbusters, Except When It's Not at NY Observer

Also, be sure to vote in our poll about who you think is the winner in the Daily Beast-Newsweek merger:




Who will come out the winner in the Daily Beast-Newsweek merger?customer surveys

Mark Glaser is executive editor of MediaShift and Idea Lab. He also writes the bi-weekly OPA Intelligence Report email newsletter for the Online Publishers Association. He lives in San Francisco with his son Julian. You can follow him on Twitter @mediatwit.

news21 small.jpg

4MR is sponsored by Carnegie-Knight News21, an alliance of 12 journalism schools in which top students tell complex stories in inventive ways. See tips for spurring innovation and digital learning at Learn.News21.com.

This is a summary. Visit our site for the full post ».

October 22 2010

14:00

This Week in Review: Hard news’ online value, a small but successful paywall, and the war on WikiLeaks

[Every Friday, Mark Coddington sums up the week's top stories about the future of news and the debates that grew up around them. —Josh]

The value of hard news online: Perfect Market, a company that works on monetizing news online, released a study this week detailing the value of this summer’s most valuable stories. The study included an interesting finding: The fluffy, celebrity-driven stories that generate so much traffic for news sites are actually less valuable to advertisers than relevant hard news. The key to this finding, The New York Times reported, is that news stories that actually affect people are easier to sell contextual advertising around — and that kind of advertising is much more valuable than standard banner ads.

As Advertising Age pointed out, a lot of this goes back to keyword ads and particularly Google AdSense; a lot of, say, mortgage lenders and immigration lawyers are doing keyword advertising, and they want to advertise around subjects that deal with those issues. In other words, stories that actually mean something to readers are likely to mean something to advertisers too.

But the relationship isn’t quite that simple, said GigaOM’s Mathew Ingram. Advertisers don’t just want to advertise on pages about serious subjects; they want to advertise on pages about serious subjects that are getting loads of pageviews — and you get those pageviews by also writing about the Lindsey Lohans of the world. SEOmoz’s Rand Fishkin had a few lingering questions about the study, and the Lab’s Megan Garber took the study as a cue that news organizations need to work harder on “making their ads contextually relevant to their content.”

The Times Co.’s paywall surprise: The New York Times Co. released its third-quarter earnings statement (your summary: print down, digital up, overall meh), and the Awl’s Choire Sicha put together a telling graph that shows how The Times has scaled down its operation while maintaining at least a small profit. Digital advertising now accounts for more than a quarter of The Times’ advertising revenue, which has to be an relatively encouraging sign for the company.

Times Co. CEO Janet Robinson talked briefly and vaguely about the company’s paid-content efforts, led by The Times’ own planned paywall and the Boston Globe’s two-site plan. But what made a few headlines was the fact that the company’s small Massachusetts paper, The Telegram & Gazette, actually saw its number of unique visitors increase after installing a paywall in August. Peter Kafka of All Things Digital checked the numbers out with comScore and offered a few possible reasons for the bump (maybe a few Google- or Facebook-friendly stories, or a seasonal traffic boost).

The Next Web’s Chad Catacchio pushed back against Kafka’s amazement, pointing out that the website remains free to print subscribers, which, he says, probably make up the majority of the people interested in visiting the site of a fairly small community paper like that one. Catacchio called the Times Co.’s touting of the paper’s numbers a tactic to counter the skepticism about The Times’ paywall, when in reality, he said, “this is completely apples and oranges.”

WikiLeaks vs. the world: The international leaking organization WikiLeaks has kept a relatively low profile since it dropped 92,000 pages of documents on the war in Afghanistan in July, but Spencer Ackerman wrote at Wired that WikiLeaks is getting ready to release as many as 400,000 pages of documents on the Iraq War as soon as next week, as two other Wired reporters looked at WikiLeaks’ internal conflict and the ongoing “scheduled maintenance” of its site. WikiLeaks editor Julian Assange responded by blasting Wired via Twitter, and Wired issued a defense.

One of the primary criticisms of WikiLeaks after their Afghanistan release was that they were putting the lives of American informants and intelligence agents at risk by revealing some of their identities. But late last week, we found out about an August memo by Defense Secretary Robert Gates acknowledging that no U.S. intelligence sources were compromised by the July leak. Salon’s Glenn Greenwald documented the numerous times government officials and others in the media asserted exactly the opposite.

Greenwald asserted that part of the reason for the government’s rhetoric is its fear of damage that could be caused by WikiLeaks future leaks, and sure enough, it’s already urging news organizations not to publish information from WikiLeaks’ Iraq documents. At The Link, Nadim Kobeissi wrote an interesting account of the battle over WikiLeaks so far, characterizing it as a struggle between the free, open ethos of the web and the highly structured, hierarchical nature of the U.S. government. “No nation has ever fought, or even imagined, a war with a nation that has no homeland and a people with no identity,” Kobeissi said.

Third-party plans at Yahoo and snafus at Facebook: An interesting development that didn’t get a whole lot of press this week: The Wall Street Journal reported that Yahoo will soon launch Y Connect, a tool like Facebook Connect that will put widgets on sites across the web that allow users to log in and interact at the sites under their Yahoo ID. PaidContent’s Joseph Tarkatoff noted that Y Connect’s success will depend largely on who it can convince to participate (The Huffington Post is in so far).

The Wall Street Journal also reported another story about social media and third parties this week that got quite a bit more play, when it revealed that many of the most popular apps on Facebook are transmitting identifying information to advertisers without users’ knowledge. Search Engine Land’s Barry Schwartz found the juxtaposition of the two stories funny, and while the tech world was abuzz, Michael Arrington of TechCrunch gave the report the “Move on, nothing to see here” treatment.

An unplanned jump from NPR to Fox News: Another week, another prominent member of the news media fired for foot-in-mouth remarks: NPR commentator Juan Williams lost his job for saying on Fox News’ The O’Reilly Factor that he gets nervous when he sees Muslims in traditional dress on airplanes. Within 24 hours of being fired, though, Williams had a full-time gig (and a pay raise) at Fox News. Williams has gotten into hot water with NPR before for statements he’s made on Fox News, which led some to conclude that this was more about Fox News than that particular statement.

NPR CEO Vivian Schiller explained why Williams was booted (he engaged in non-fact-based punditry and expressed views he wouldn’t express on NPR as a journalist, she said), but, of course, not everybody was pleased with the decision or its rationale. (Here’s Williams’ own take on the situation, and a blow-by-blow of the whole thing from NPR.) Much of the discussion was pretty politically oriented — New York’s Daily Intel has a pretty good summary of the various perspectives — but there were several who weren’t pleased with the firing along media-related lines, including the American Journalism Review’s Rem Rieder, The Atlantic’s Jeffrey Goldberg and the Columbia Journalism Review’s Joel Meares. NPR ombudsman Alicia Shepard disapproved not of the firing per se, but of the way it went down, and The New York Times’ Brian Stelter also used the episode as an object lesson in the differences between traditional and point-of-view journalism.

Two other media critics, Will Bunch of the Philadelphia Daily News and James Rainey of the Lost Angeles Times, both criticized the firing on the grounds that NPR has imposed too strict of a standard for a journalist — and especially for someone paid to express his opinion. Bunch wrote a thoughtful post on NPR retreating into the “dank temple of objectivity,” and Rainey wondered how this standard would be enforced: “How does one distinguish between the permissible ‘fact-based analysis’ and the currently verboten ‘punditry and speculation?’”

Newsweek and The Daily Beast’s deal dies: With rumors swirling of a merger between Newsweek and the online aggregator The Daily Beast, we were all ready to start calling the magazine TinaWeek or NewsBeast last weekend. But by Tuesday, The Wall Street Journal had reported that the talks were off. There were some conflicting reports about who broke off talks; the Beast’s Tina Brown said she got cold feet, but new Newsweek owner Sidney Harman said both parties backed off. (Turns out it was former GE exec Jack Welch, an adviser on the negotiations, who threw ice water on the thing.)

Business Insider’s Joe Pompeo gave word of continued staff shuffling, and Zeke Turner of The New York Observer reported on the frosty relations between Newsweek staffers and Harman, as well as their disappointment that Brown wouldn’t be coming to “just blow it up.” The Wrap’s Dylan Stableford wondered what Newsweek’s succession plan for the 92-year-old Harman is. If Newsweek does fall apart, Slate media critic Jack Shafer said, that wouldn’t be good news for its chief competitor, Time.

Reading roundup: We’ve got several larger stories that would have been standalone items in a less busy week, so we’ll start with those.

— As Gawker first reported, The Huffington Post folded its year-old Investigative Fund into the Center for Public Integrity, the deans of nonprofit investigative journalism. As Gawker pointed out, a lot of the fund’s problems likely stemmed from the fact that it was having trouble getting its nonprofit tax status because it was only able to supply stories to its own site. The Knight Foundation, which recently gave the fund $1.7 million, handed it an additional $250,000 to complete the merger.

— Nielsen released a study on iPad users with several interesting findings, including that books, TV and movies are popular content on it compared with the iPhone; nearly half of tablet owners describe themselves as early adopters; and one-third of iPad owners have not downloaded an app. Also in tablet news, News Corp. delayed its iPad news aggregation app plans, and publishers might be worried about selling ads on a smaller set of tablet screens than the iPad.

— From the so-depressing-but-we-can’t-stop-watching department: The Tribune Co.’s woes continue to snowball, with innovation chief Lee Abrams resigning late last week and CEO Randy Michaels set to resign late this week. Abrams issued a lengthy self-defense, and Chicago Tribune columnist John Kass defended his paper, too.

— J-prof Jay Rosen proposed what he calls the “100 percent solution”  — innovating in news trying to cover 100 percent of something. Paul Bradshaw liked the idea and began to build on it.

— It’s not a new debate at all, but it’s an interesting rehashing nonetheless: Jeff Novich called Ground Report and citizen journalism useless tools that can never do what real journalism does. Megan Taylor and Spot.Us’ David Cohn disagreed, strongly.

— Finally, former Los Angeles Times intern Michelle Minkoff wrote a great post about the data projects she worked on there and need to collaborate around news as data. As TBD’s Steve Buttry wrote, “Each of the 5 W’s could just as easily be a field in a database. … Databases give news content more lasting value, by providing context and relationships.”

August 06 2010

14:30

This Week in Review: Newsweek’s new owner, WikiLeaks and context, and Tumblr’s media trendiness

[Every Friday, Mark Coddington sums up the week’s top stories about the future of news and the debates that grew up around them. —Josh]

A newbie owner for Newsweek: This week was a big one for Newsweek: After being on the block since May, it was sold to Sidney Harman, a 92-year-old audio equipment mogul who’s married to a Democratic congresswoman and owns no other media properties. The price: $1, plus the responsibility for Newsweek’s liabilities, estimated at about $70 million. The magazine’s editor, Jon Meacham, is leaving with the sale, though he told Yahoo’s Michael Calderone that he had decided in June to leave when Newsweek was sold, no matter who the new owners were. Harman’s age and background and the low sale price made for quite a few biting jokes about the sale on Twitter, dutifully chronicled for us by Slate’s Jack Shafer.

Harman didn’t help himself out much by telling The New York Times he doesn’t have a plan for Newsweek. In a pair of sharp articles, The Daily Beast painted a grim picture of what exactly Harman’s getting himself into: The magazine’s revenue dropped 38 percent from 2007 to 2009, and it’s losing money in all of its core areas. The Beast noted that with no other media properties, Harman doesn’t have the synergy potential that the magazine’s previous owners, The Washington Post Co., said Newsweek would need. So why was he chosen? Apparently, he genuinely cares about the publication, and he’s planning the least number of layoffs. (That, and the other bidders weren’t too attractive, either.) PaidContent reported that his primary goal is to bring the magazine back to stability while he sets up a succession plan.

Everybody has ideas of what Harman should do with his newest plaything: Jack Shafer tells him to treat Newsweek as a magazine to be saved rather than a fun vanity project, and MarketWatch’s Jon Friedman wants to see Newsweek drop the opinion-and-analysis approach that it’s been aping from The Economist, as do several of the observers Politico talked to. (DailyFinance’s Jeff Bercovici just wants Harman to make it a little less excruciatingly dull to read.) Two other Politico sources — new media guru Jeff Jarvis and former Newsweek Tumblr wizard Mark Coatney — want to see Newsweek shift away from a print focus and figure out how to be vital on the web. Media consultant Ken Doctor proposes pushing forward on tablet editions, multimedia and interacting with readers online as the future of the magazine. Jarvis also has some pieces of advice for magazines in general, urging to them to resist the iPad’s siren song and get local, among other things.

Poynter’s Rick Edmonds has the most intriguing idea for a new Newsweek — going nonprofit. That would likely require refining its editorial mission to a narrower focus on national and international affairs, with the pop culture analysis getting cut out, Edmonds says, but he believes Harman might actually be considering a nonprofit approach. Ken Doctor suggests that with Harman’s statements about the relative unimportance of turning a profit from the magazine, he’s already blurring the lines between a for-profit and nonprofit organization.

Meanwhile, others were busy speculating about who might be the editor to lead Newsweek into its next incarnation. Names thrown out included Newsweek International editor Fareed Zakaria, Newsweek.com editor Mark Miller, Slate Group editor Jacob Weisberg, and former Time editor and CNN CEO Walter Isaacson, though Isaacson has taken himself out of consideration.

WikiLeaks and the need for context: WikiLeaks continued to see fallout from its unprecedented leak of 92,000 documents about the war in Afghanistan two weekends ago, with more cries for it to be shut down and its founder, Julian Assange, arrested, largely because its leak revealed the names of numerous Afghan informants to the U.S. Assange expressed regret for those disclosures, and WikiLeaks said it’s even asking for the Pentagon’s help in identifying and redacting names of informants in its next document dump, though the Pentagon said they haven’t heard from WikiLeaks yet. Not that the U.S. government hasn’t been trying to make contact — it demanded the documents be returned(!), and agents detained a WikiLeaks researcher at customs and then tried to talk with him again at a hacking conference this week. An Australian TV station gave a fascinating inside look at Assange’s life on the run, and Slate’s Jack Shafer contrasted Assange’s approach to leaking sensitive documents with the more government-friendly tack of traditional media outlets. WikiLeaks also had some news to report on the business-model side: It will begin collecting online micropayment donations through Flattr.

The ongoing discussion around WikiLeaks this week centered on what to do with the data it released. The Tyndall Report provided a thorough roundup of how TV news organizations responded to the leak, and several others pinned the rather ho-hum public reaction to the documents’ contents on a lack of context provided by news organizations. Former Salon editor Scott Rosenberg said the leak provides a new opportunity to shed an antiquated scoop-based definition of news and bring the reality of the war home to people. In a smart post musing on the structure of the modern news story, the Lab’s Megan Garber proposed an outlet dedicated solely to follow-up journalism, arguing that one of the biggest challenges in modern journalism is giving a sense of continuity to long-running stories. “What results is a flattening: the stories of our day, big and small, silly and significant, are leveled to the same plane, occupying the same space, essentially, in the wobbly little IKEA bookshelf that is the modular news bundle,” she wrote in a follow-up post.

Mashable also examined (in nifty infographic form!) how WikiLeaks changes the whistleblower-journalist relationship, while NPR wondered whether WikiLeaks is on the source or journalist side of equation. And PBS’ Idea Lab had something handy for news orgs: A guide to helping them think about how to handle large-scale document releases.

Tumblr trends upward: The social blogging service Tumblr got the New York Times profile treatment this week, as the paper focused on its growing popularity among news organizations who are trying to jump on it as the next big social media trend — a form of communication somewhere between Twitter and blogging. The article noted that several prominent media brands have Tumblr accounts, though many of them aren’t doing much with theirs. Over at Mediaite, Anthony De Rosa, who runs the Tumblr account for the sports blog network SB Nation, said we can expect to see still more media outlets jump on the Tumblr bandwagon, especially because it rewards smart media companies who have a distinctive voice.

New York’s Nitasha Tiku tried to douse the hype, arguing that Mark Coatney’s often-mentioned Tumblr success for Newsweek “wasn’t thanks to the distribution channel on Tumblr, it was his irreverent, conversational style — and that will be difficult for the fresh-faced interns that old-media publications don’t pay to run their Tumblrs.” And Gawker gave us a graded rundown of traditional news orgs’ Tumblr accounts.

Two Internet freedom scares: From The Wall Street Journal and The New York Times this week came two stories that have had many people concerned about issues of freedom and the web. First, the Journal ran a series on the alarming amount of your online data and behavior that companies track on behalf of advertisers. Cluetrain Manifesto co-author Doc Searls argued that while the long-held ideal of intensely personal advertising is getting closer to reality, “the advertising business is going to crash up against a harsh fact: ‘consumers’ are real people, and most real people are creeped out by this stuff.” Jeff Jarvis was much less moved by the Journal’s reporting, mocking it as scaremongering that tells us nothing new. Salon’s Dan Gillmor fell closer to Searls’ outrage than to Jarvis’ nonchalance, and media consultant Judy Sims said this series is a window into a complex future for display advertising, one that media executives need to become familiar with in a hurry.

Second, the Times unleashed an avalanche of commentary in the tech world with a report that Google and Verizon are moving toward an agreement that would allow companies to pay to get their content to web users more quickly, which would effectively end the passionately held open-Internet principle known as net neutrality. The FCC quickly suspended its closed-door net neutrality meetings, and despite denials from Google and Verizon (which Wired picked apart), a whole lot of whither-the-Internet concern ensued. I’m not going to dig too deeply into this story here (I’d rather wait until we have something concrete to opine about), but here are the best quick guides to what this might mean: J-prof Dan Kennedy, Salon’s Dan Gillmor and ProPublica’s Marian Wang.

Reading roundup: Just a couple of quick items this week:

— Thanks to Poynter, we got glimpses of a couple of softer paid-content options being tried out by GlobalPost and The Spokesman-Review of Spokane, Washington, that might be sprouting up soon elsewhere, too. The Lab’s Megan Garber profiled one of the new companies offering that type of porous paywall, MediaPass, and All Things Digital’s Peter Kafka sifted through survey results to try to divine what The New York Times’ paywall might look like.

— Google’s social media platform Google Wave officially died this week, a little more than a year after it was born. Tech pioneer Dave Winer looked at why it never took off and drew a few lessons, too.

— Finally, the Lab’s Jonathan Stray took a look at some very cool things that The Guardian is doing with data journalism using free web-based tools. It’s a great case study in a blossoming area of journalism.

August 03 2010

09:28

FT: Washington Post to sell Newsweek to Sidney Harman

The Washington Post has agreed to sell Newsweek to businessman Sidney Harman, the founder of one of the world’s largest audio equipment companies, reports the FT.

Harman said he is interested in “the publication’s mission” and was not investing in Newsweek to make a profit – just as well, given recent declines in the title’s ad pages and reported $30-million losses last year.

Full story on FT.com at this link…

According to the Guardian, Harman bought the title for a nominal amount “reported to be just a single dollar”.Similar Posts:



Older posts are this way If this message doesn't go away, click anywhere on the page to continue loading posts.
Could not load more posts
Maybe Soup is currently being updated? I'll try again automatically in a few seconds...
Just a second, loading more posts...
You've reached the end.

Don't be the product, buy the product!

Schweinderl