November 05, 2007
Bonus Edition of the Online Publishing Update
There was too much good stuff this morning to include in the e-mail edition of the Online Publishing Update, plus some stuff that hit the wires or was posted after our initial deadline. So, here’s a bonus Online Publishing Update.
The purpose of the OPU e-mail newsletter is to help newspaper digital media professionals keep up on the latest news affecting the industry by providing a digest of top stories from dozens of industry-relevant news sources. The items include news on social networking, online advertising, video, and newspaper.com developments.
If you like what’s here, you can get it 3x/week by joining the Digital Media Federation. Other benefits include access to our forums, special access to Digital Edge reports, discounted Webinar rates and more.
Potts: Industry Revenue to Bottom Out in 2012; Online Revenue to Exceed Print in 2018
In his Recovering Journalist blog, Mark Potts wrote he sees “total industry revenue bottoming out at about $44 billion in 2012, remaining at that level for four years as the two sources reach a sort of equilibrium and the two revenue lines cross, and then finally rising again, eight years out, as online revenue begins to really heat up. By 2018, good news: Online revenue begins to exceed print. By then, the transition is complete.” His projections are based on online advertising revenue rising at 20 percent annually and print ad revenue declining at 5 percent per year.
Source: Recovering Journalist
NYTimes.com Quietly Launches Comments on Articles
The New York Times is cautiously moving toward allowing comments on news and features articles, not just blogs, Editor & Publisher reported. The Times has hired four people for a new Comment Desk, and those people will screen every comment before allowing it onto the site.
Public Editor Clark Hoyt wrote Sunday, “As The New York Times transforms itself into a multimedia news and information platform — the printed newspaper plus a robust nytimes.com offering breaking news, blogs, interactive graphics, video and more — it is struggling with a vexing problem. How does the august Times, which has long stood for dignified authority, come to terms with the fractious, democratic culture of the Internet, where readers expect to participate but sometimes do so in coarse, bullying and misinformed ways? The answer so far is cautiously, carefully and with uneven success.”
Source: Editor & Publisher
WSJ.com Gets 1 Million Subscribers
The Wall Street Journal’s Web site welcomed its 1 millionth paid subscriber, The Editors Weblog reported. Although print circulation is down slightly, the online audience is growing.
Source: The Editors Weblog
Merc Announces ‘Rethink’; Will Document Process in Blog
The San Jose Mercury News is blowing up it’s newsroom in a public way. The newspaper announced the launch of a new blog called Rethink, which will document
the process and seek input from readers.
“We're sharing our ideas because we want you to know why we're doing all this. We'd like your guidance on our progress. This is your news organization, after all. And we aim for this process to be wide open, in the best spirit of innovation that's made this valley a leader around the world,” the first blog post announced.
Source: The San Jose Mercury News
Publishers, Attributor Work to Track Web Content
“Copyrighted work like a news article or a picture can hop between Web sites as easily as a cut-and-paste command,” wrote The New York Times’ Richard Perez-Pena. “But more than ever, as that material finds new audiences, the original sources might not get the direct financial benefit — in fact, they might have little idea where their work has spread.” To track copyrighted work across the Web and request link-backs or demand revenue sharing, many publishers are turning to Web company Attributor. The Associated Press and Reuters are among Attributor’s clients, and many newspapers and magazines are in talks with the company.
Source: The New York Times
Rosen Starts Beat Reporting Project with Social Networks
Knight News Challenge grant winner and PressThink blogger Jay Rosen is recruiting beat-oriented reporters for a project to determine if social networks can elevate beat reporting. Rosen wrote on his blog, “This is a simple project testing a single idea: Maybe a beat reporter could do a way better job if there was a ‘live’ social network connected to the beat, made up of people who know the territory the beat covers, and want the reporting on that beat to be better.”
Source: PressThink
McGill: Seven Lessons from Citizen Journalists
Doug McGill, who has taught citizen journalism skills to hundreds, wrote seven lessons on what he’s learned over the past several years. The lessons include seeing citizens as untapped experts and allowing for many types of expression.
His final lesson: “I’m the one who needs to change.I began as a journalist in the heyday of Woodward-and-Bernstein in newspapers, and of John McPhee in magazines. So I often get nostalgic for spacious, context-rich narratives when I read the new citizen journalism appearing on the Net…. When I settle down, though, I realize the error of my conservative reactions.”
Source: McGill Report
IAC/InterActiveCorp to Break Up Publicly Traded Companies
IAC/InterActiveCorp, the company behindAsk.com and many other big Web sites, will break off some assets into separate companies. IAC will split off Ticketmaster, HSM, Lending Tree and Interval. Barry Diller will remain chairman and CEO of IAC, which will include Ask.com, Citysearch and Match.com, The Wall Street Journal reported.
Source: The Wall Street Journal
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