Showing posts with label print. Show all posts
Showing posts with label print. Show all posts

Monday, January 05, 2009

BoSacks Speaks Out: The Terrible Burden of Destiny


BoSacks Speaks Out: The Terrible Burden of Destiny
6 guidelines publishers need to consider while pondering their futures.
By Bob Sacks

As we move forward in this economic recession, it is important to remember that while some processes may be slowed, others will continue to fling us forward and create both unexpected opportunities and, depending on your perspective, unfortunate struggles to simply survive. We are faced with, some might say, "the terrible burden of a digital destiny." As an industry, we will adjust and adapt to the conditions at hand, not necessarily because we want to, but because we must.

The following is a series of guidelines or propositions that we must be aware of and be prepared to deal with as we move forward.

1. Advancements by the digital universe will never retreat, and will only improve and become more ubiquitous.
Digital publishing will continue to become a stronger platform that is easier and easier to use. The print-only world has not been able to hold its own, nor will it be able to do so against such formidable odds. If you can't accept this as a truthful premise, you will continue to struggle with your own destiny.

2. Our competition has been totally redefined.
While our publishing competitors used to be easy to identify, today almost any company, group or individual can become a future competitor. New technologies empower this and enable it to be done anywhere on the planet. There is a new and increasingly lower threshold of entry, which means new competitors are in abundance. They can come from anywhere and will come from well below the radar screen. They will be online, global, fast-moving and smart.

3. Content remains important.
A critical concept to understand is that content is more important than the delivery vehicle. This is a new concept for publishers rooted in tree fibers. The digital delivery of news, information, instruction or fiction has just as much validity as pulp-delivered products, and in many cases it has more creditability-the creditability to be timely and immediately fact-checked for accuracy.

4. New revenue models are required.
The new technologies of information distribution offer endless options to reach a world full of future customers. The shipping cost to reach this global market is exactly the same as it is to reach the girl next door. This empowers a style of publishing that I call "universal niche"-an idea, concept or hobby enjoyed by a few on a global basis. Basically, the scale of the available readership redefines small as big.

5. Our audience will increasingly demand to be treated as individuals.
Despite the growing trend of individualism in society, mass media continues to offer the same message to everybody while new media opportunities have the power to offer individual content based on our uniqueness rather than our sameness. This concept combines very nicely with the power of citizen journalism. The "screenager" generation wants to be involved and take part in news reporting. They have grown into a generation that has the ability to be in touch with each other immediately at earlier and earlier ages. This from-birth experience is fostering a new generation of readers who are naturally adept with technology and comfortable with having virtual access to friends, family and the world at large.

6. Advertisers will demand accountability more than ever.
Advertisers increasingly want to reach their customers directly. They want a one-to-one relationship that heretofore was not possible.

Today, that kind of science is not only possible, but perhaps mandatory as a part of doing business. Simply put, digital media offers improved measures of success. Digital publishing has an increasingly important advantage of being able to measure the impact of advertisements, clicks, transactions, etc. As the economy goes through the current parabolic curve of dipping south, flattening out and then starting the climb to profitability again, publishers need to adapt to the inherent changes before them.

Will publishing survive? Definitively yes. Will it survive with the old-school business models of our fathers? Categorically no. Every aspect of publishing has to be reevaluated and reexamined against the digital criteria outlined above and be reconstituted as an advanced publishing formula for the 21st century. It is never going to be the way it was, and sure as the sky is blue, it is not going to be the way it is. Your future is in your hands.

Bob Sacks (aka BoSacks) is a printing/publishing industry consultant and president of The Precision Media Group (BoSacks.com). He is also the co-founder of the research company Media-Ideas (Media-Ideas.net), and publisher and editor of a daily international e-newsletter, Heard on the Web. Sacks has held posts as director of manufacturing and distribution, senior sales manager (paper), chief of operations, pressman, circulator and almost every other job this industry has to offer.

Monday, May 05, 2008

Publishers on Redefining the Role of Print


Publishers on Redefining the Role of Print
Outgoing ABM Chairman: If we don't change, we're 'in trouble.'
By Matt Kinsman
www.folio.com

LA QUINTA, California-The tagline for American Business Media's Spring Meeting is "New Paths To Success." And while much of the conversation revolves around expected topics of video and social media, the changing role of the print product is accounting for much of the conversation as well."There's a lot of talk about Web 2.0 but there is very little talk about Magazines 2.0," says Hanley Wood CEO and outgoing ABM chairman Frank Anton. "If the magazines published two or three years from now aren't different, we're in trouble. "The current magazine model won't take us into the next five years, let alone the next 100 years."

Magazines need to be rethought from top-to-bottom-editorial approach to circulation to folio size, Anton says. "We need to let readers decide the content-instead of one version for 100,000 readers but a lot of custom versions," he added.

"Circulation needs to be reviewed. It's bloated-in some cases by 60 percent or more. Maybe we need to move away from controlled circulation and have people pay for products."Nielsen chairman and CEO David Calhoun said magazines have to be approached in terms of how they complement other media. "I don't believe publications are going away but if they don't understand their role in relation to other media, they will lose," he said. "I hate reading about one form of media losing out to another, and print is always thought about in terms of competing with other media.

In the evolution of the magazine, print will have to assume a role in the bigger scheme. What are its interactions with other media? Each reinforces the other." Limiting Magazine Size and SponsorshipsThick magazines may indicate publication health but they may not be serving time-pressed readers, according to Anton, who says publishers should start thinking about limiting folio size."Our biggest magazines going forward will be 96 pages," says Anton. "Publishers should consider exclusive sponsorship to one advertiser rather than selling many window advertisers."

Brands are interested in becoming part of the conversation both online and in print, according to IBM vice president of marketing Edward Adams-who stressed that doesn't mean violating editorial autonomy but didn't offer an example. "Magazines are important from that independent, authoritative perspective," said Adams. "How do I get embedded in a way that's less an advertising approach? I'm not talking about crossing the church-state line but how do we participate?"

Tuesday, May 15, 2007

Hail to the power of print

"I am easily satisfied with the very best."
Winston Churchill


Hail to the power of print
By Gavin K O'Reilly
http://news.independent.co.uk/media/article2537371.e ce

Don't believe all you're being told about the death of the press: more people all over the world are reading newspapers. What's more, they're still a powerful medium for advertising, says Gavin O'Reilly

The chorus of disapproval for newspapers has become a global trend. These days it is nearly impossible to find a media analyst who actually reads a newspaper or who can see anything other than doom and gloom for the industry. I can present a different perspective.

Let's start with circulations, which continue to grow - and not just in India and China. Paid circulation grew globally by 1.9 per cent in 2006, with sales of 510.4 million copies a day. The number of paid-for titles is at a record 11,142, up 3.1 per cent on the previous year.

You can add to that the rapid growth in free dailies - titles such as thelondonpaper, 20 Minutes, Metro and the rest - which together distribute 40.8 million copies a day.

For those who think print is some relic of the past, newspapers and magazines are actually the largest advertising medium with a combined 42.3 per cent share of the market.

According to the accountants PwC, global newspaper advertising revenues increased by 4 per cent in 2006 and by 15.6 per cent over the past five years. Hidden within those figures is the fact that newspapers - the 2nd largest advertising medium after TV - are actually larger than the combined advertising value of radio, cinema, magazines and the Internet.

PwC predicts that by 2010 the global advertising market will grow by 6.2 per cent to $525bn (£265bn), a growth of $111bn (£56bn). Of that, newspapers will capture 18.2 per cent, second only to TV and the internet. Print (newspapers and magazines) will capture 27.4 per cent of that growth, greater than the internet.

According to the UK research company TGI, newspaper readership has grown by 2.1 per cent over the past five years, with readership among 15-24 year olds growing by 6.9 per cent and readers over 65 growing by 3.7 per cent. This counters the tired view that the newspaper readership is getting older with the important addendum that people are actually living longer.

The key to media exposure is the time that people spend reading, watching, using or listening to that particular medium.

Let's reflect on how US advertisers invest their clients' money. According to the specialist private equity fund Veronis Suhler Stevenson, for every hour of TV viewing, advertisers spend $40.1m (E20.2m). For each hour of radio they outlay $19.3m (E9.7m) and for the internet - all the time people are supposedly glued in front of their screens - advertisers only spend $65.4m (E33m).

As for newspapers, advertisers spend $316.3m (E160m) for every hour of reading, that's eight times more than TV and reflects the quality demographic that a newspaper delivers.

The media scene never stands still. It is important to see newspapers within the rapidly changing media matrix, where the fragmentation of society, new forms of media consumption and growing competition everywhere make life more challenging for the media buyer.

There is both the need for more credible information and more accurate demographic targeting of the consumer. Asked to name the biggest issue they face, 67 per cent of marketing directors cite fragmentation. Their task is even more difficult when one reflects on what is happening in TV land - the high altar for media planners. Aggregate TV viewership is not growing, whereas newspaper audiences have either grown or remained stable.

According to BARB, which monitors television audiences, UK TV viewing fell in the period March 2000-March 2007 by 1.2 per cent. In that period the UK terrestrial channels lost nearly 24 per cent of their audience.

There is no shortage of statistical data on circulations, readership, viewership, time spent online - and there are doubtless pluses and minuses in the detail. What is indisputable is that newspapers increasingly represent the mass-market medium channel of the future, delivering a large, broadly stable, reliable and definable demographic.

A crucial question is whether online exists as a threat or as an opportunity for newspaper publishers in 2007 and beyond.

One thing that we can all agree on is that online is a rapidly growing area in terms of usage, and most importantly, in terms of advertising. PwC forecast that global online advertising will grow by a compound 18.1 per cent to 2010 and be worth about $52bn (E26bn).

To me, among the real questions is: what is driving this online growth?

BRMB Internet Monitor in the UK estimates that 25 million Britons use the internet for emailing. Is this media consumption?

There are other inconsistencies in the data, that suggests that only 4 per cent of internet users regularly visit adult sites, even though this is a multi- billion dollar industry. Only 3 per cent say they regularly gamble online. Getting reliable data on actual internet usage rather than aggregate usage is near impossible.

Every industry needs to evolve and that's just as true for the newspaper industry as any other. Over the past 18 months we have seen more new title launches than at any time in our industry's history.

As for the investment made by publishers in new printing and production equipment, we stopped counting at $6bn (E3bn). From News Corporation's $1 bn (E500m) investment in the UK to papers across the USA, Europe and Asia, it's clearly a good time to be manufacturing printing presses. That investment is yielding more colour, more flexibility and significantly lower unit costs.

So I suggest there has been no paradigm shift.

Every newspaper publisher produces a product - a brand - that has the capacity to be relevant to and purchased by the modern day consumer. Our only risk is that industry inertia leads to consumer apathy.

Which is why publishers are investing behind their brands and businesses - and that of course includes online, which is all about aggregating a larger audience, not cannibalising our existing audience.

When you pull it all together, the prognosis for newspapers is actually quite different from conventional wisdom.

Gavin K O'Reilly is the president of the World Association of Newspapers (WAN), and is the chief operating officer of Independent News & Media plc. This is an edited version of a presentation he gave last week to an audience in London, for WAN's Capital Markets Day

Thursday, May 03, 2007

'Mr. Magazine' Believes We'll Always Crave Ink on Paper

"Loyalty to petrified opinion never yet broke a chain or freed a human soul."
Mark Twain (American Humorist, Writer and Lecturer. 1835-1910)



'Mr. Magazine' Believes We'll Always Crave Ink on Paper
by Mark Glaser
http://www.pbs.org/mediashift/2007/05/digging_deepe rmr_magazine_beli.html

When Lebanese journalist Samir Husni was teaching students at the University of Mississippi about magazine journalism in 1986, one student had trouble pronouncing his Arabic name and took the simple route, calling him "Mr. Magazine." The student eventually gave Husni a plaque with the moniker engraved, and the name was so apt for the lover of print magazines that he eventually trademarked the Mr. Magazine name and launched a website with the same name.

Now almost every news story about the magazine business includes an expert quote from Husni, whether it's about Teen People closing shop online or about Garden & Gun magazine's awkward name. He's done consulting for magazine companies, and he's written the popular Magazine Guide profiling each year's magazine launches for 22 years running.

So I wondered how this master of the print magazine world, who is chair of the University of Mississippi's Department of Journalism, thought magazines would cope in an increasingly digital world. How should magazines adapt, or should they adapt?

In a wide-ranging phone interview, Husni said he believed people would always want print periodicals, even as new media and online sites gain in popularity, but print publications should shift to more analysis and add more photos. He says he's not anti- technology and even launched a blog recently, yet he remains staunchly old-school in his belief that you can't do journalism on a blog.

"When I started blogging I said, 'Blogging is not journalism, it's a different form of communication,'" he told me. "In no way, shape, or form is it journalism. A journalist can be a blogger. But a blogger is not a journalist."

Husni believes one of the biggest mistakes being made in the magazine industry is shoveling print content onto the web, where he believes interactivity and original content should be the rule. And he railed against magazines that consider only their advertisers to be their customers - and not their readers.

The following is an edited transcript of our conversation, which ranged from his early days covering the civil war in Beirut to his thoughts on e- readers and the future synergy of print and the web.

Tell me more about your background, where you grew up, and how you became interested in journalism and magazines.

Samir Husni: I was born in Tripoli, Lebanon. When I was 8 or 9 years old, I bought a copy of the first issue of the Arabic Superman magazine. I fell in love with the ink on paper more than the blue and red cape. I knew I wanted to be a journalist and a magazine person from that age. I used to spend my time at home creating my own magazines and newspapers using whatever was available. I used to rub candle wax on paper so I could lift off the pictures from newspapers. I was multi- tasking at that age, listening to news on the transistor radio in one ear and writing it down with a pen, taking down the news of the world before there was an Internet.

I took my hobby to college where I started studying journalism at the Lebanese University in Beirut. I started at a music weekly magazine and moved to a movie daily magazine. A friend of mine started a newspaper and I was doing you-name-it: part design, part reporting, part journalism. In school I studied more journalism than design but design was always my hobby. The first issue of that newspaper in Beirut came out in March 25, 1975, and the civil war started on April 13. We didn't have even three weeks until we were in the midst of civil war. As awful as it sounds, those were great times to be a journalist if you survived to tell about it. I lost a lot of my friends and colleagues at the paper.

The civil war ended and I finished my degree and finished as the top student in my class. At the same time, I was working at two different magazines and at the daily paper. I got married and I received a phone call from the university saying, 'Do you want to consider going to get a PhD scholarship?' It was our ticket. We were newlyweds, and the war had started again, and my wife was terrified I would be killed by a stray bullet. I didn't know until I reached Washington that University of North Texas had accepted me for my master's degree, and we landed in Texas in 1978. The first thing I did was go to a bookstore/newsstand and you talk about a kid in a candy store. I was, like, wow!

I did my dissertation in Missouri, and I started collecting magazines. I now have 23,000 first editions of magazines . . . Magazines have been my hobby, they became my education, they became my profession. Now it never ceases to amaze me that when I give a speech or consult with people, that they pay me at the end.

What does the future hold for print magazines in an age of the Internet and digital technologies?

Husni: As long as we have human beings, we are going to continue to have ink on paper. I'm not an ostrich who puts his head in the sand because I know there are some things that print cannot compete with the new technologies. But there are also ways that the new technology cannot compete with print. There will be room for everything. As long as we remember that we as journalists are not the readers, are not the users, we will continue to be in good shape, if we provide relevant content in the relevant medium to the relevant audience.

When you say that 'the journalist is not the reader,' you mean that journalists need to understand what the audience wants and not write for each other?

Husni: Yes. I was at the conference, We Love Magazines, in Luxembourg, and there were 200 editors and publishers there of great, marvelous magazines. None of them are making money, and you can tell, you can look at them. They are designing them to compete against each other, [to get] magazine awards, rather than saying, 'What's in this for the reader?' or 'Is this the best platform?'

That's why I say newspapers in this country are not dying, they are committing suicide. You go to speak in newspaper newsrooms, I've gone to speak about the future of newsrooms, and their first reaction is that 'You are the anti-christ. You want us to do what? Do more than just go to a board meeting and record it and spit it out? We have to analyze and go beyond that?' Even the Internet is too late to provide me the information. Whatever happens in the world now I get an alert on my Blackberry. The immediacy of news delivery can no longer be done in a newspaper.

We have to change the name of a newspaper to daily paper. We have to accept the fact that we have to go beyond the 5 W's and H [who, when, what, where, why and how] and start talking about 'what's in it for me?' and leave the 5 W's and H to electronic delivery because we cannot compete with that. Newsweek and Time are like a snapshot in time. Instead of giving you a summary of the news, they need to give you an in-depth analysis on a few topics.

I've noticed that the local newspaper here, the San Francisco Chronicle, is trying to make their paper more local and use more graphics, photos and color on the front page.

Husni: Two things we have to do. We have to use more narrative and more pictures. If you look at the Financial Times that was completely redesigned last week, a lot of their stories are a full page. But you read that story and you'll get everything you need to know about that subject. More magazines are moving toward more narrative. I tell my magazine clients we have to deepen the story and chase the photographs. For the service part, send people to the web.

The biggest mistake we've made in this industry is that we send people to the web, and we've left them there. We offered them something that's free, that's like a blizzard that surrounds them with information. But at no website do they ever say, 'By the way, you need to go back to the paper to read page 20 where we have this article that you'll only find on page 20 today.' There's no two-way street, we've created a one- way street and people get lost in the jungle [online].

You pick up National Geographic or Conde Nast Traveler magazine and read a marvelous 20-page article about Italy with gorgeous photography. At the end of the article, you [could] say, 'Interested in going to Italy? Check our website and see all the hotels and museums.' All the service aspects. Of if you go to the website you see all these services, and then it says, 'Interested in going to Italy? Pick up the magazine for this article.'

So you don't suggest that people put magazine content online at all?

Husni: No. The biggest mistake we are doing now, and I don't understand why, is we are duplicating magazine content and putting it online. Why would I have the exact same thing on the screen if it exists in print? If I wanted to have a magazine online I would do something like Monkey magazine that Dennis Publishing is doing that's designed specifically for the Internet. You look at one page at a time and there is no jump. Imagine if you were reading something on screen and you had to jump to page 24?

Yesterday I had the editor of Newsweek here and he was telling the students that 500 words is the max that people are willing to read on the Internet. He said if there are eight pages [of a story] on the Internet, 80% of readers don't even read page 2. The missing part is education in the newsroom and in magazines. Each medium has to respect the other mediums. People are looking for complementary media, and that's what's missing when I look at those magazine sites and newspaper sites.

In talking about Teen People going online-only, you said that that is the death knell for magazines. Do you think that's because what they're creating online is just shovelware from what they had run in print?

Husni: Yeah. And this myth that teens don't read anymore, only online. That's the biggest myth. They are still reading if you give them relevant information. I was speaking to a newspaper group and they were complaining, 'Teenagers never read newspapers.' I said, 'Show me a time in the history of newspapers in this country when teenagers were a big chunk of readers of newspapers.' And by the same token, you look at the same teenagers that we say don't read and they are reading Harry Potter which is 700 pages without pictures. It's something relevant to them.

Why would I wait one month and pay $3.50 to get Teen People when I can get InTouch Weekly for $1.99 on a weekly basis? A month in a life of the teen is a long history. Those kids live in the present time. If they are not interested in your content on a monthly basis, they won't be interested in it on the Internet. Print is still the cornerstone to take me to the web, show me the clip, show me the music, show me the video. You have to give me the cornerstone if you are going to link the two together.

What about someone like IDG, who came out and said they would launch new magazines online first and then later in print? Are trade publications different than consumer magazines in that way?

Husni: It's not a different case, it's a cheaper case. It's easier and cheaper [to launch online] but how are you going to brand it? If you have a lot of competition in print, imagine all the competition online. When Conde Nast launched Portfolio magazine, look how much they were investing to launch print and online. You have to have the cornerstone to build on. If they had only launched Portfolio online without the print magazine, it wouldn't have the same impact. It gives them the ability to go deep in the print edition and do snippets on the website on a daily basis.

What about online-only magazines such as Salon and Slate? Obviously it took them a long time to make money, but it is possible to go online without a print magazine.

Husni: Yes, and there are a lot of those online magazines coming along . . . Imagine for someone's birthday, saying, 'Hey John, I've given you a subscription for www.slatemagazine.com, which is a free magazine.' What's the value in that? Can you imagine giving someone a website for a gift? There's still a reason for that tactile feeling of holding something in your hand and having something you're proud of. And how many people have had the money that Slate and Salon had invested? And after all that money they've invested, if they had had a print publication, do you think they would have made more money by now?

I am not the anti-technology person. I am the one who tells people who want to dive into technology, 'Why start something online under a totally different business model?' I have someone who comes to me and says he is going to start a magazine. And you ask for a business plan, what the costs will be, what's the exit strategy. And someone comes to you talking about launching a website and that's the whole business plan, and nobody questions that! It's so frustrating because it's so cheap. If you have a laptop, you are a publisher . . . Everybody now can own their own press. But imagine reaching an audience of one for every publication we have.

What is your suggestion to newsweeklies? Their circulation is going down overall. Do you think it was a mistake to put all their content online?

Husni: Definitely. The day I cancelled my subscription to Newsweek was when I saw in print a snippet of an interview, and below that it said, 'For the whole interview go to msnbc.newsweek.com.' I am paying money and you are offering me less in print than what I can get for free on the web. That's why I was very happy when Time reinvented itself with more in-depth [strories] and more photography. They cover two or three topics, but I still need editors to figure out what my readers want each week.

There's been a lot of talk about having the readers get involved with reporting as citizen journalists. Is there room for that in magazines?

Husni: Oh yeah. The best example of that is JPG magazine, and they call their company 80/20. What they are saying is that 80% of the content comes from the wisdom of crowds, people submit pictures to them, other people vote on them. Then editors play the gatekeeping role, bring that professional touch, bring a journalist's objectivity to it. That's one reason when I started blogging I said, 'Blogging is not journalism, it's a different form of communication.' In no way, shape, or form is it journalism. A journalist can be a blogger. But a blogger is not a journalist.

How do you make that distinction?

Husni: I can write on my blog, 'I like this issue of Newsweek,' it's like writing it in my diary but I'm putting it up for anyone to read so they know what I'm thinking. I'm not getting an opinion here or giving objective analysis. With blogging, you're not required to do balance. I call blogging the virtual barber shop. Some years ago, you used to go to the barber shop and hear gossip.

In this age, which I call the 'Isolated Connectivity Age,' we are more isolated and connected than ever before. Our social skills are going to start appearing on the web. We live by our cell phones, computer screens and TV screens. It gives us a sense of connectivity but we are very isolated. I see my son watching a clip of a movie on YouTube and he's text messaging his girlfriend and she's watching the same thing on her computer. I say, 'What's wrong with the good old- fashioned way where you went to a movie theater and got popcorn and try to reach for the popcorn and miss?' They look at you like 'you're a weirdo, daddy!'

Do you find fault with the way magazine companies cater to advertisers?

The major problem in our industry is that we have not changed our publishing model in this country. We are very advertising driven. If I am a big magazine in New York I cater to 50 customers, the Chanels and L'Oreals, and we ignore the two million customers who are our readers. When Victoria magazine folded it had a circulation of almost one million, but Hearst killed the magazine because it didn't have enough advertising. People still write on my blog how much they loved Victoria magazine, a magazine that's been dead for four years. But Hearst and Conde Nast don't care about the readers of their magazines, they're just numbers to sell to those customers, the 50 customers they are catering for, throwing parties for, begging them to advertise.

There's something wrong with our publishing model. The industry always focuses on the wrong things. The MPAA is jumping head first about going digital, without first focusing on how people can make the printed edition connect with readers and go from there.

What do you think about e-ink and digital ink? Do you think it will be viable?

Husni: It will happen, we will have e-paper. But the beauty of print magazines, print on paper, is like a candy bar. Nobody needs them, but like a candy bar, you want to eat it fast so your wife doesn't see it, or your mother doesn't see you eating it before dinner. It's also disposable. If you left your newspaper on the train, you won't go back to search for it, but if you have e-paper or your iPod and left it on the train, you'll go searching for that iPod. The beauty of that disposable medium, the beauty of print on paper that we are addicted to is not replaceable with any other media. Yes we'll have all these other new media but it will have a different purpose, a different use, a different relationship.