Posts Tagged ‘online news’

Deconstructing Stories to Save Money

Friday, February 26th, 2010

An interesting piece from The Atlantic magazine last month that I have been meaning to post about entitled Cut This Story!…Newspaper articles are too long.

It is one of the first semi-mainstream articles I have come across that deconstructs an article into a collection of assembled words. And in the authors opinion, all too often articles have way too many words that do not add any value to the story at hand.

The value of a word, a collection of words, an article and even a publication is in the eye of the beholder, so I am not going to rehash this authors take on things. You can read the article and see some interesting examples he uses of wasted words.

What I would like to highlight is the last passage of the article, which in my opinion addresses the actual business case of deconstructing stories using the “cost of words” (measurable) versus the “value of words” (subjective).

“On the first day of my first real job in journalism—on the copy desk at the Royal Oak Daily Tribune in Royal Oak, Michigan—the chief copy editor said, “Remember, every word you cut saves the publisher money.” At the time, saving the publisher money didn’t strike me as the world’s noblest ideal. These days, for anyone in journalism, it’s more compelling.”

It is interesting (for me at least) to think of news publishers as speculators whose job is to invest in words. Sometimes you go long and sometimes you go short. The trick is to be long or short on the right things. Whether investor or publisher, that challenge remains.

Mapping a day in the life of a news website

Friday, December 18th, 2009

Highly informative visualization of news consumption on The New York Times website throughout a day in June 2009.

The big yellow rings are access from a desktop and the red rings are access from a mobile device.

Highlights:

  1. demand for online news differs from access point to access point.
  2. mobile traffic is strong in the morning and in the afternoon when people are going to and from work
  3. PC traffic is strongest around lunchtime.
  4. mobile demand for news is getting bigger
  5. mobile traffic in some countries it is already bigger than PC access.

    The New York Times site traffic, World View, June 25, 2009 from Nick Bilton on Vimeo.

    More details after the jump at The Guardian

    News is Fastest Growing Online Segment in India

    Wednesday, December 16th, 2009

    Some positive market stats on the international news front released this week by comScore.

    Some highlight on Indian online news growth…

    -Online news is a fast-growing market segment among the increasingly technology-oriented Indian population.

    -The number of online news and information consumers in India surged 37 percent in the past year, more than double the rate of growth of the total online audience in India.

    -A look at the most visited news destinations in India revealed that local brands make up a significant portion of the top news sites.

    -Multi-national brands Yahoo! and New York Times ranked as the most visited destinations in the news category

    -In October, an average visitor to the news/information category spent 22 minutes on news sites and consumed 38 pages of content.

    New York Times Skimmer Service

    Friday, December 11th, 2009

    I was meeting with the folks at The Guardian a few days ago and an interesting question was thrown out on the table asking if the presentation of online news can provide a competitive advantage over time. This could be quantified in several ways including attracting new users, longer time spent on site, more click throughs on articles or higher ad payouts for new layouts.

    The main concern was that even if money and time is invested in coming up with new and innovative ways to present online news, it is so easy to copy, that the advantage would be short lived. What is more valuable investing in content creation or content display?

    They are one in the same in my opinion and both have to be brilliant to win.

    My feeling is that innovative news displays are mandatory to differentiate content and engage users. Good ideas will always be nabbed, copied and most of the time improved upon. But that is the nature of service innovation and not doing something new for fear of it being copied means you will just miss out on delivering new readership opportunities. Some that will suck and some that will work.

    I am going to use the New York Times Skimmer service as an example of an offering that attempts to display the same underlying article set in different ways. Although there are 7 unique displays for the Skimmer service, three somewhat unique ones are shown below using the Dealbook blog content:

    Lines Display

    Fridge Display

    Flow Display

    Would Rupert Murdoch Pay for Online News?

    Tuesday, November 17th, 2009

    OK, so 8 hours later from the last blog post 80% of US Consumers Won’t Pay For Online News The Boston Consulting Group has entered the ring to declare that “Most” are willing to pay for online news.

    News for Sale: Charges for Online News Are Set to Become the Norm as Most Consumers Say They Are Willing to Pay, According to The Boston Consulting Group

    “Most” = sub 50% of Brits and Yanks, but as a standard unit of measurement “Most” is open for interpretation of course. But, we have to throw all the data possible on the table.

    At this point I have only one question to put me at ease, would Rupert Murdoch pay for online news?

    NAA Discusses Social Media ROI for News

    Tuesday, November 10th, 2009

    Newspaper Association of America (NAA) has released a quick read multipart series about Social Media ROI for online news publishers. Lots of useful stats, quotes and ideas about what social networks are driving traffic and delivering audience for US Newspapers.

    We are introducing some new social media measurement services for online news publishers, so this data helps to isolate what social networks matter the most to online news publishers in the near term. Digg, Twitter and Facebook are the big ones, but no where near as important as traffic coming from Google or Yahoo!.

    Read away…

    1. Tweets Bring Traffic, Boost to Brand for Newspapers on Twitter

    2. Newspapers’ Future on MySpace Uncertain

    3. Connecting to Readers on Facebook

    4. Digging for Traffic