Thursday, October 18, 2007

QOTD: Howard Owens on the death of newspapers

From Howard Owens: How much longer will newspapers last?

If your core customers are dying and you’re not creating new ones, how do you stay in business?

I can think of many other institutions that should be asking themselves the same question.

3 comments:

Peg said...

Right on (about the many other institutions).

But Owens's piece limits itself to U.S. newspapers. For a more global perspective on the news biz, check out this fascinating piece from Asia Times Online (a great newspaper with a plethora of distinct and unusual points of view on global topics).

[snip]
Asia is driving the global newspaper industry, says the World Association of Newspapers, with China, Japan and India leading growth.

"Seven of 10 of the world's 100 best selling dailies are now published in Asia," Larry Kilman, director of communications at the Paris-based World Association of Newspapers, informed Asia Times Online. "China, Japan and India account for 60 of them."

Gulp. A dose of sobering reality for Americans.

Kevin Gamble said...

Peg,

That was an interesting article. Why do you think that is? Is is a trend worth watching, e.g. they'v e figured out the right mix? Or is it a case of broadband and other networking hasn't penetrated the population to a point that the old-media methods are still effective with a literate population. Much like the U.S. was at the birth of big media?

Peg said...

is it a case of broadband and other networking hasn't penetrated the population to a point that the old-media methods are still effective with a literate population

Oh, I don't think so! Rather, I'd suggest that "networking" is so integral to Asian cultures that the penetration of digital media has happened more naturally, more swiftly, more deeply. (There're other factors at work, too, of course.)

Read on...

[snip]

A cellular phone device 'M-Paper' was launched in the South Indian city of Hyderabad this month, giving access to 10 complete English newspapers from India through Wireless Application Protocol (WAP) enabled mobile phones.

The Hyderabad-based Pressmart and IMI Mobile Limited jointly inaugurated the facility that they said was largely to reach out to the Indian diaspora.

It's the first of its kind in India and in the world, A R Vishwanath, Chief Executive Officer of Pressmart, told the media. "Internationally also only a part of newspapers is available (through cellular phones) but here the whole newspaper is being made available and that is unique."

Asia Pacific newsrooms too have evolved with technology and time. ...World Editors Forum Blog noted how the New Delhi-based Hindustan Times (HT), India's second largest English daily, is shaping its integrated newsroom to combine content from its print edition that sells 1.4 million copies daily with its website that gets an average of 1.6 million monthly unique visitors (80 million page views)....

Newspapers have been better innovators in delivering online video news content and advertising," says Larry Kilman of the World Association of Newspapers. "Perhaps it has to do with the need to rapidly develop new competencies for the new digital distribution channels - newspaper companies did not have this expertise by definition but have succeeded in developing it quickly."