print media today - breda, nhtv 05102014

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The State of Print Media

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Printed MediaNHTV,

international media & entertainment management, 05/10/2014

Pleased to meet you!

Who can tell what this is?

Who can tell what this is?

Life Cycle

Life Cycle

Stretched Life Cycle?

???

Stretched Life Cycle?

The Old Business Model

© PJ Cook

The Old Business Model

© PJ CookBased upon 5 monopolies

Old Media Power #1

Old Media Power #1

Production monopoly

Old Media Power #2

Old Media Power #2

Distribution Monopoly

Old Media Power #3

Old Media Power #3

IT monopoly

Old Media Power #3

Old Media Power #3

Ad monopoly

Old Media Power #3

Old Media Power #3

Information monopoly

Who can tell what this is?

It’s the paper’s future obituary

© Ross Dawson, DDL

Misconception

It may be true that traditional media are having a tough time, but this doesn’t mean that journalism or media is suffering

“A Golden Age for Journalism”

- The World is vastly better informed than ever before- More great journalism is being produced than ever before- Digital news organisations employ a new generation of

talents- The proliferation of mobile enables 24/7 news consumption- A full range of new story telling methods- No time or space limits for any story- More media accuracy and “consensus knowledge” than

ever before- Journalism is more open to non-professionals

Change in consumption

From absorbing mass media to transparent interactivity

NEWS

NEWS

NEWS

NEWSNEWS

NEWS NEWS

NEWS

NEWS NEWSNEWS

NEWS

NEWS

NEWS

NIEUWS

NIEUWS

NIEUWS

NIEUWS404 NOT FOUND

So….

Even in a world without print, there is still need for:- Explainers- Interpreters- Filterers- Gatherers- And people with Curiosity

In short:

The only question remaining:

The only question remaining:

Who’s going to pay for all that?

Needed in the print industry:

• Sense of urgency

• New attitude

• New business models

Attitude

Attitude• Out of your castle, use the market place

• Contact your crowds, contact your niche, your community

• Publish real time

• Be easy-to-use, offer a service (content is… just the beginning)

• Be transparant

• Not Wrong For Long

• Combine skills with knowledge

• Be involved, be & act social

• Don’t invent what’s already out there, cooperate

• Curate the web’s treasures, use popular tols & devices

• Personalize

Collapsing Business Model

• Consumers think that information should be free• Consumers will get their news anyway• Target groups are fragmenting• Unlimited competition, abundance of sources• Copying the old model in a new setting appears to be complex

or unfitting (horseless carriage)• Production, distribution, and IT: not a USP anymore• Monopoly on information was an illusion• Dinosaur complex + Pax Brittanica complex• Second best is good enough

Emerging Business Models

33+ ways!

Emerging Business Models

• Content (subscriptions)• Intelligent ads on new

platforms• Marketing around the

brand• Supply & demand• E-commerce• Community as a value

source

• Affiliate marketing• Crowdfunding • Micropayments• Cocreation• Social• Angels• Not-for-profit• Gaming• etc

Examples of a changing media world

Memberships

Contributoria

Contributoria

Scoopshot

Scoopshot

SHOT

Guardian Witness

Regional broadcasters

Manchester Evening News

Storyful

“Separate the Noise from the News”

“Traditional media’s survival depends upon the willingness to package citizen content into news stories”

Mark Little, ceo Storyful

Storyful

Storyful

A story worth tellingYou don’t need to have a printing press

(not everybody agrees… yet)

Lots of opportunities…

…but please don’t focus on print only!!

Bart Brouwersbrewbart@gmail.com

@brewbartdodebomen.nl

nadedeadline.nlSlideshare.net/brewbart

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