Morning Media Newsfeed 10.19.12
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Newsweek Drops Print Edition (GalleyCat)
Newsweek will end its print edition on Dec. 31, after 80 years in the magazine business. The magazine will continue in a digital format, maintaining its partnership with The Daily Beast. Reuters The decision to go all-digital underscores the problems faced by newsweeklies, as more consumers favor tablets and mobile devices over print in an increasingly commoditized, 24-hour news cycle. NYT / Media Decoder Newsweek editor Tina Brown characterized the move as bowing to the inevitable digital future. "You cannot actually change an era of enormous disruptive innovation," she said in a phone interview. "No one single person can reverse that trend. You can't turn back what is an inexorable trend." Politico / Dylan Byers on Media Thanks to Brown, the final months of the once-venerable 80-year-old print magazine will be remembered for a series of shock-and-awe covers and sensational stories that showcased Brown's penchant for stirring up controversy in an attempt to boost brand recognition and newsstand sales. ABC News The company's circulation has plunged in the past decade. Newsweek's total circulation was 3,134,046 in 2000, according to the Audit Bureau of Circulations. In 2007, it was 3,128,391. For the first half of 2012, its circulation was 1,527,157, compared with competitor Time Magazine, which had 3,276,822. CBS News / AP Newsweek's decision to stop publishing a print edition after 80 years and bet its life entirely on a digital future may be more a commentary on its own problems than a definitive statement on the health of the magazine industry. The Washington Post / Erik Wemple Shutting down the print edition "is the only decision that makes sense in a tough business environment where most of the journalistic action is moving online," Howard Kurtz, the former Washington Post media reporter who bolted to the Daily Beast in 2010, told this blog Thursday. FishbowlDC NBC political director Chuck Todd: "Nobody under 45 cares. What weekly in their right mind will continue in print every week? I assume all weeklies will disappear in print in the next decade. They will all become all digital." FishbowlNY Kevin Lincoln, BuzzFeed: "Critics suggested that Brown had lost her touch, but in fact the game had changed, and she was trying to do the impossible. Brown realized that the media ecosystem favored viral images, and her covers spread on blogs and the social Web. But they failed to carry the cover stories, or the magazine, with them." Ad Age / Digital CEO Baba Shetty: "Newsweek the brand has a lot of stature in the world, especially in markets beyond the U.S. Now it is attached to a form factor and category in the newsweekly that is on the decline and losing relevance. This is about taking the essence of Newsweek and saying, 'What could happen if it was truly liberated from legacy publishing constraints?' The move lets us explore that." The Daily Beast / Tina Brown Exiting print is an extremely difficult moment for all of us who love the romance of print and the unique weekly camaraderie of those hectic hours before the close on Friday night. But as we head for the 80th anniversary of Newsweek next year we must sustain the journalism that gives the magazine its purpose -- and embrace the all-digital future.
CNN: Obama Spoke Longer; Romney Spoke More (Yahoo! News / AP)
President Barack Obama spoke longer in the first two presidential debates, but rival Mitt Romney spoke more. CNN said Thursday that Romney spoke more words in both debates than Obama, even though the network's on-air clock showed Obama had more speaking time. Some of the Republican candidate's supporters had questioned why the president had been given more time. Chicago Tribune / Bill Press What's lacking so far is any debate about the debates themselves. Yet their very existence raises several important questions: Who sets the rules for the debates? Under what authority? Who pays for them? And why should we have any debates at all? PBS Newshour A third of adult viewers under 40 who watched the second presidential debate were "double screening," meaning they both watched the debate and used an additional form of digital media. SocialTimes Out of the projected $9 billion that will be spent on political campaigns for the 2012 presidential elections, 12 percent of the funds will be devoted to digital media, according to research compiled by the digital performance agency iProspect.
CNN Launches CNN Trends (LostRemote)
CNN has launched a "news discovery dashboard" called CNN Trends. The dashboard -- which is based on technology from Zite, the social iPad magazine CNN acquired last year -- aggregates stories from across the Web that are hot topics on social media. VentureBeat The main difference with CNN Trends is that a piece of original CNN content anchors every top story. You can select a particular topic for a list of top stories, all with their own top 10 posts. Each individual post can open up an expanded view with headlines from other websites that have also covered the news -- sort of like Google News or TechMeme. CNN Tech It's a counterintuitive approach on the Web, where the traditional model for success involves drawing readers in then trying to keep them on a website for as long as possible. But the creators of CNN Trends say the tool mirrors the way many Web users already consume news and, in the end, should build loyalty among readers looking for a reliable place to find the stories they want. B&C "A healthy media diet consists of news, analysis and perspectives from more than one source," said KC Estenson, senior VP of CNN Digital. "CNN Trends embraces that concept and expands on it by allowing the social Web to determine which stories are featured. It's the perfect place to discover new content and advance the narrative of a trending headline."
YouTube Goes Down; Not Google's Best Day (ABC News / Technology Review)
"500 Internal Service Error." This message is what many got as they tried to visit YouTube starting at around 4:15 p.m. ET Thursday. The very popular video service went down for about 15 minutes yesterday afternoon. Service was restored for most by 4:30 p.m. ET. Yahoo! News / Reuters Google Inc's quarterly results fell well short of Wall Street's expectations after its core advertising business slowed, stunning investors accustomed to consistently rapid growth from the Internet giant and wiping more than 9 percent off its market value. NYT Google released a disappointing earnings report on Thursday that sent its stock price plummeting and reflected the challenges the company faces as it tries to make money in a mobile world. For Google, mobile has been a mixed blessing. Smartphones and tablets are bringing in new users -- and the advertisers that follow them -- but it makes less money on mobile ads than on desktop ads. Bloomberg Businessweek Ads generated on smartphones can cost about 40 percent less than those on traditional computers and about 25 percent less than on tablets, said Herman Leung, an analyst at Susquehanna International Group. Wired Google said the average "cost-per-click" spread across all its ads had fallen by 15 percent compared to the same time last year. Since this is the key way Google makes money, investors punished Google hard, putting an abrupt end to a fit of optimism that sent Google shares up by about $100 since July.
Start Nears on Plan to Combat Online Infringement (NYT / Media Decoder)
Last year, five major Internet service providers and the big entertainment trade organizations announced a joint plan to fight illegal downloading through what might be called a strategy of annoyance. Instead of suing people suspected of copyright infringement, as the record labels have in the past, they would prod and poke people into good behavior through a "six strikes" system that escalates from friendly notices in their email to, ultimately, throttled Internet access. SlashGear The notices from Copyright Alert System will be just that: a notice, and it will be up to Internet service providers to take further action on offenders. This includes punishments, which could range from throttling download speeds to terminating Internet services entirely, depending on the ISP. Bloomberg Businessweek "If this is successful it really reduces the need to have government involvement in these issues," Jill Lesser, executive director of the Center for Copyright Information, said in an interview. "These voluntary efforts allow us to be far more nimble and customer-focused than broad legislation."
Seattle Times News Staffers Protest Company's Political-Ad Campaign (The Seattle Times / Politics Northwest)
More than 100 Seattle Times news staffers -- including reporters, photographers, columnists, artists, editors and online news producers -- signed a letter Thursday protesting the Times Co's decision to sponsor newspaper ads supporting Republican gubernatorial candidate Rob McKenna and a statewide referendum for legalized gay marriage. Politico / Dylan Byers on Media Meanwhile, the Democratic Party's state chair is calling the ad buy "a horrifying precedent and a really poorly designed marketing experiment." McKenna's Democratic opponent, Jay Inslee, also slammed the ad.
Facebook to Go Purple on Friday to Support Gay Youth (AllFacebook)
Facebook's trademark color has always been (and will likely always be) blue. However, on Friday, the social network will turn select national pages purple as it joins Tumblr and Yahoo! in support of gay youth on Spirit Day. Gizmodo Basically, those pages and other Facebook users will turn their profile picture purple by adding a purple twibbon to their pictures. The purple hue of the pictures will be unmistakable. You can even do it yourself right here: twibbon.com/support/spiritday.
Awash in Ads in Roanoke (CJR / The Swing States Project)
Much is always expected of those graced with favor. And when you consider that Virginia television stations this year have been the beneficiaries of an unprecedented flood of political advertising dollars, the bar is set pretty high for broadcast outlets to put that money to good use. Which begs the obvious question: What will stations do with that campaign largesse? How will they invest in their community, and how will they bolster news coverage?
Clay Christensen on the News Industry: 'We Didn't Quite Understand... How Quickly Things Fall off the Cliff' (Nieman Journalism Lab)
What's the right way to respond when technology disrupts the position of an established business? The Harvard Business School professor has lessons for the news business from other industries.
Comedy Central Study: A Majority of Millennials Still Get News from TV (TVNewser)
A new study from Comedy Central (yes, that Comedy Central) and TRU Insights sheds light on the political habits of Millennials, people aged 16-32. Among the surprising results: a majority of Millennials surveyed say they still get their election news from network TV newscasts and cable news, and while it is fun to say that The Daily Show is a source of election news, the reality is they get their news elsewhere, and turn to the comedy shows for fun.
Why Journalists Should Pay Attention to Knight-Mozilla OpenNews' Source (10,000 Words)
While there are plenty of reasons to why journalists should gain some coding skills -- it makes you a stronger digital journalist, you can fix things that break on your site, you can create projects without always going to the time-deprived developers, and so on -- many journalists don't see a real need to get their hands dirty in some code.
Newspaper Guild on New York Times Contract: 'Some Progress in Mediation but Significant Differences Remain' (HuffPost)
In a memo obtained by The Huffington Post, the Newspaper Guild of New York told staffers that "some progress has been made on several items including some involving the integration of the newspaper and digital staff." It added, "However, there is still much work to be done in tackling the biggest issues, including wages, retirement, the health plan funding and job security."
BBC Satellite News Disrupted in Mideast, Europe (Yahoo! News / AP)
The British Broadcasting Corp. says someone is deliberately disrupting its broadcasts in the Middle East and Europe -- interference that follows previous accusations that Iran has attempted to jam the broadcaster's transmissions.
Social TV Conference: Meet Twitter's New Head of TV (Ad Age / Media News)
Twitter is positioning its business to a significant extent around the user engagement it drives around so-called tentpole events like the Olympics and the presidential debates, as well as regularly programmed shows. So what does the company's newly anointed head of TV do, exactly?
Lee Harvey Oswald's Ex is Going on a Book Tour (FishbowlDC)
On the lengthy and varied list of things you want to do before you die, this one goes at the bottom: Donate to Lee Harvey Oswald's ex-girlfriend's book tour. Yes, that Lee Harvey Oswald, the one who assassinated JFK.