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Archive for the 'Media economics' Category

New Report On Networked Journalism

Thursday, August 19th, 2010
Jon Snow (C4), Peter Horrocks (BBC), Douglas Alexander MP, Danny Finkelstein (Times), and Janine Gibson (Guardian) are all Networked Journalists. They were all among the dozens of great speakers at the free Polis/BBC Value of Networked Journalism conference on Friday June 11th at the LSE. I launched my report on on the state of Networked Journalism there – it includes case studies at the BBC, Guardian, Sky, Times, Telegraph, Trinity Mirror, hyperlocal and Mumsnet.

You can get the full report on paper by emailing polis@lse.ac.uk and online here but this is an extract from the Introduction.

Networked Journalism Has Arrived

The British General Election of 2010 has made it absolutely clear that networked journalism has arrived. The journalism about the campaign, the result and its consequences has been a remarkable combination of online and mainstream media. On Friday May 7th the BBC website alone had more than 11.5 million unique users and 100 million page views. The Internet did not just add to the coverage, it changed it.

We now have a political news media that has audience interactivity, participation and connectivity built into every aspect. And it works. This was a uniquely exciting and interesting election for political reasons, but news media helped drive the increased engagement. The question now is whether that added value can be produced in the future and in other areas of journalism.

This report is published at the Polis/BBC College of Journalism Value of Journalism conference on June 11th. It is based on four years of activity at Polis, the journalism think-tank in the Media and Communications Department at the London School of Economics. In addition, Polis researchers have also interviewed a range of networked journalists specially for this report. It follows up on my book about ‘networked journalism’: SuperMedia: Saving Journalism So It Can Save The World (Blackwell 2008).

By ‘Networked Journalism’ I mean a synthesis of traditional news journalism and the emerging forms of participatory media enabled by Web 2.0 technologies such as mobile phones, email, websites, blogs, micro-blogging, and social networks. Networked Journalism allows the public to be involved in every aspect of journalism production through crowd-sourcing, interactivity, hyper-linking, user generated content and forums.

It changes the creation of news from being linear and top-down to a collaborative process. Not all news production will be particularly networked. Not many citizens want to be journalists for much of their time. But the principles of networking are increasingly practiced in all forms of news media.

The TV debates were the big ‘new’ media story of the UK 2010 campaign. They reminded us that television is still the dominant channel for political information and the biggest media platform in general. Live event television is probably the media format that delivers most impact as it happens. However, the TV election debates in 2010 partly had appeal because of their novelty and also because they were different to conventional broadcast news: they were a direct channel to the voter, in comparison with the spin, packaging and partisan bias of so much traditional political media.

Those debates were just the tip of an iceberg of networked journalism which helped create a vastly increased space of political conversation between voters, often reacting to and with mainstream media. Across the sectors we saw traditional journalism becoming networked.

This report does not pretend to be a comprehensive survey. The examples are not supposed to be the only or best instances of networked journalism. They are a selection that we hope shows the increasing effectiveness and diversity of the new forms of news production. When I wrote about networked journalism in SuperMedia it was still a relatively fresh concept, but within two years it has become ubiquitous.

Valuable?

This report is designed to stimulate discussion about the state of journalism and to encourage investment in the future of new forms of news production. Above all, it is an attempt to get journalists, citizens and policy-makers to think about what journalism is for. What is its use to society, the economy and the individual? What is its value?

This report and our conference is an attempt to move the debate on. We are in the middle of sustained crisis for journalism. The global recession has accentuated the business problems for journalism in the UK, much of Europe and America. Of course, the news industry is booming in many parts of the world such as India and China and even Africa. However, underpinning the financial problems for journalism is the transformation wrought by digital technologies and the Internet.

These will effect the news media everywhere eventually. They provide unprecedented opportunities to create and reach new markets and to enhance production. However, these same technologies have created destructive competition and drastically reduced certain revenue streams.

This report does not deal directly with the business model. It does not seek to revisit the well-worn debates such as the ‘Future of Newspapers’. Instead of asking how we preserve journalism or sustain the journalism business it will ask what the product is and who wants it? Then we can ask what is the best way to produce it.  If we know how the new journalism is valued then we can persuade people to fund it.

Technological and other deep social shifts mean there is no way that journalism can avoid radical change. They are deeply threatening. Much of what was there will disappear. Emily Bell’s prediction of ‘carnage’ is being realised. The  opportunities, however, are much greater.

The Economist: networking a global niche

Saturday, July 10th, 2010

The biggest threat to The Economist’s current relative prosperity will be when they get wifi on Jumbos. Some carriers are hoping to do so within two years. Economist readers fly a lot and use the down-time between airplane movies and meals to consume the magazine. On average they spend about 43 minutes doing so. When else do they get that sort of space in their lives?

Edward Lucas

Joking apart, this is the kind of factor that is changing the media landscape. So The Economist is always looking to build its substantial ‘niche’ as the compact, intelligent, authoritative, liberal package of analysis and reportage for the Globatariat. As The Economist’s Edward Lucas put it in a talk at the LSE, his magazine and its online operation is not just battling with the Times or Newsweek, it is in competition with ‘everything that takes up our readers time’. (more…)

The Times Pay-Wall: A Golden Ghetto or Desert Island Risk?

Monday, March 29th, 2010
Yours for £2 a week

Yours for £2 a week

From the Garden of Eden to Jonestown, humans have dreamed of ideal walled communities. If only we can shelter from the winds of reality, so goes the myth-makers, we can create a space to live our lives the way that we want. In that sense, The Times’ pay-wall plans are positively utopian.

I have nothing in principle against pay-walls. To get a price you have to define the good for which you are charging. Subscription has a long and honourable tradition in journalism of providing a relatively secure and stable source of cash to pay hacks. Alongside advertising it worked a treat. Although the success of the latter meant we in the UK neglected the former in favour of casual sales. (more…)

Google Gets Political

Sunday, February 21st, 2010

googleIs it a sign of weakness or strength that Google is now having to listen to critics and competitors as well as customers?

A few years ago Google didn’t bother to do publicity and public affairs. It thought its global dominance in search spoke volumes for its popularity and success. But with growth comes corporate responsibility.

The dispute over security with Beijing was taken up by Hillary Clinton putting Google on the geo-political stage. And the recent screw-up over privacy and Google Buzz showed that you can’t just launch in Beta and hope everyone forgives you when you push too far and fast. (more…)

Back To The Future: Why Journalism Pay Must Fall?

Tuesday, February 2nd, 2010

The veteran American media executive Alan Mutter has come up with a formula to value your hourly labour as a professional journalist in the face of repeated requests to give it up for free as part of the Online ‘Exchange Economy’. He comes up (eventually) with a formula that you should charge four times the local minimum wage. But could the reality be much worse?

Poor old days

Poor old days

A former UK national newspaper editor recently pointed out to me the historical fact that journalists only became part of the upper middle class salariat in the late 1960s. Since then national journalists, at least, have enjoyed better money than teachers for example. Many columnists and anyone above news editor level expected to have private schooling and second homes. The more leafy avenues of the nicer parts of Chiswick and Ealing hummed to the sound of BBC bosses discussing tutors and cleaners as well as deadlines and stories. (more…)

Your News Is Our News: How Can Global Journalism Survive?

Tuesday, February 2nd, 2010

img_0516For a global elite who care about the big international issues such as climate change, economic regulation or conflict and security, modern media is a wondrous but worrying thing. Thanks to great multi-national brands like the BBC, CNN, Al Jazeera or the New York Times we have fantastic trans-national news resources. While the Guardian only has 300,000 sales in the UK, it has 30 million readers online across the world. And yet at the same time the level of foreign correspondents, international coverage and the commitment to understanding global stories is declining in the hard-pressed mainstream media.

This was the problem that Columbia President Lee Bollinger sought to solve in a Polis lecture that used his new book about media freedom of expression as a springboard to discuss the kind of journalism we need for a globalised world. [The podcast will be up soon, as will a full report on the actual lecture] ‘Your news is our news now’ he said. And the implication is that therefore we also share a need to find a solution to what threatens it.  His answer was surprising and in a Chatham House Rules dinner afterwards was challenged by a former Fleet Street editor, a senior Conservative MP, and assorted UK academics, lawyers and an economist. (more…)

Global Media Goes Public – But What Value Is That?

Tuesday, January 26th, 2010
A view of the world

A view of the world

Travelling around New York City at the weekend with my two teenage boys was a reminder of just how globalised our culture has become with shops, music and even art looking distinctly familiar to my young Londoners.

An all-day seminar today on world media seemed to suggest that global journalism has some trans-national trends, too. But as ever, look closer and the cracks appear. (more…)

Google and China: cynical ploy or a principled stand?

Wednesday, January 13th, 2010

Blimey, Polis has become influential on a global scale. On the day that we have an event warning about naive assumptions about the Internet and Democracy, Google ends its collaboration with censorship in China!

Alright, so there was no causal link between our digital democracy talk by Evgency Morozov and today’s news, but it was certainly topical. You can read Morozov’s general argument here, and he has responded directly to the Google move here: (more…)

The decade of difference: now you decide the media future

Sunday, December 27th, 2009

Ten years I saw the millennium out at midnight on top of Parliament Hill in north London, looking forward to a new job at Channel 4 News and enjoying the return to my home city London after eight years in Oxford. I would never have guessed how my life and my industry would have changed since then.

I lived and worked through the upheavals of 1989 which I still think are of greater historical weight than 9/11 and the War on Terror. But there is no doubting that the economic and climatic shocks of this past decade have been seismic. And this has all co-incided with the biggest set of changes in the way that humans communicate since the invention of mass printing. (more…)

Publishing’s G20: the digital debate over the future of the book industry (guest-blog)

Saturday, December 19th, 2009

“I believe that anybody who wants to publish a book should be able to…There will always be a publishing industry…books represent civilization. People will write books, and books will still exist in physical form.”

Jane Friedman, Open Road Integrated Media

Polis Intern Lauren Sozio reports on a New York conference on the digital future of  book publishing (more…)


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