media industry at the age of new media

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Media Industry In The Age Of New Media December, 2008

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Page 1: Media industry at the age of new media

Media Industry In The Age Of New Media

December, 2008

Page 2: Media industry at the age of new media

“The media will change as consumers will look for other sources of information…”

(Ira Magaziner)

Page 3: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 4: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 5: Media industry at the age of new media

Convergence - Once Digitalized, Always Interacting

Page 6: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 7: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 8: Media industry at the age of new media

Participation – Fueling Digital Communities

Collective Intelligence

Open Platform

Rich Media Content

Striving Digital Community

Page 9: Media industry at the age of new media

Participation – Interacting With Traditional Media

Commenting, blogging and spreading content in social networks.

Page 10: Media industry at the age of new media

Participation – The Key For Newspapers’ Survival?

18 out of 26 of the features are related to participation.

Page 11: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 12: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 13: Media industry at the age of new media

Citizen Journalism – Outsourcing News Production

Page 14: Media industry at the age of new media

Citizen Journalism – Elite or Common People?

Page 15: Media industry at the age of new media

Citizen Journalism – Can We Impose Ethics?

Page 16: Media industry at the age of new media

Citizen Journalism – Immediacy Over Quality

Page 17: Media industry at the age of new media

Citizen Journalism – Becoming Main Stream Media

Page 18: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 19: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 20: Media industry at the age of new media

Working Environment - Media People On The Move

Culture figures

Higher mobility withinthe sector

Short term and freelance contract employment

Working around the clock 24/7/365

Urban resident

Mix between working space and private space

Page 21: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 22: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 23: Media industry at the age of new media

Commercialism – Survival Of The Fittest

Free content

Catch all ads

Pay Per View

Paid subscription

Contextual and targeted

Pay Per Click

Reformed Business Model

Page 24: Media industry at the age of new media

Commercialism – The Long Tail Theory

Addressing smaller crowds with niche products.

Page 25: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 26: Media industry at the age of new media

Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

Page 27: Media industry at the age of new media

The Media Consumer – Threat Or Opportunity?

Page 28: Media industry at the age of new media

The Media Consumer - Demand For Bite (or byte) Size News

News aggregators for the monitorial citizen.

Page 29: Media industry at the age of new media

The Media Consumer – Active Producer Of Media

User Generated Content & social media platforms

Page 30: Media industry at the age of new media

The Media Consumer – Not Passive Anymore

If you won’t let them participate they will take it anyway.

Page 31: Media industry at the age of new media

The Media Consumer – Internet Killed The Video Star

The list of priorities had changed.

Page 32: Media industry at the age of new media

The Media Consumer – It Is All About Mobility

The content you receive depends on The content you receive depends on your positionyour position..

Page 33: Media industry at the age of new media

The Media Consumer – The Effect of Crowed Sourcing

They are not mass audience, but individuals and communities and their ability to influence greater than we think.

Page 34: Media industry at the age of new media

The Media Consumer – Know The Price Of Free

They might hate ads, but not enough to pay to avoid them.

Page 35: Media industry at the age of new media

The Media Consumer – Prime Time, All The Time

They decide where, how and when to get their content.

Page 36: Media industry at the age of new media

The Media Consumer Is You

Page 37: Media industry at the age of new media

Thank You.

Page 38: Media industry at the age of new media

Connection Info:Omer Rosenbaum, Sundsvall, SwedenEmail: [email protected]: (+46) 076.566.1028