With all the talk about the decline of traditional media, especially newspapers, I decided to take a peek for myself, given I often quote Bruce Spotleson, group publisher with Greenspun Media, who once observed that, to date, "no new media has ever replaced another media." Here is what I found...
In 2006, the magic number was 102,406 — the circulation needed as a publisher to break into the Top 100 U.S. Daily Newspapers by circulation. Not to take away from whatever East Valley Tribune (Mesa, Ariz.) is doing right, but that number seems somewhat paltry to me given there are blogs that easily draw a heavier readership.
In fact, not counting Sunday circulation (most newspapers usually have larger Sunday circulations), none of the top 51-100 broke 200,000 in 2006, according to BurrellesLuce (using figures filed with the Audit Bureau of Circulations), a leading media monitoring company. Only three — USA Today, The Wall Street Journal, and The New York Times — break the one million circulation mark.
In contrast, you need significantly more visitors to touch the Top 100 Web sites; several of which — Yahoo, MSN, and Google — provide news content. More specifically, many top social media outlets (blogs) have a higher readership than almost all daily newspapers.
If you need any more proof that daily newspapers are in trouble, consider that comScore Networks announced that 747 million people, ages 15+, used the Internet worldwide in January 2007, a 10 percent increase from January 2006. Or that PEW/INTERNET recently noted that 15 percent of Americans cited the Internet as their primary source of political campaign news in 2006, doubling since the last mid-term election.
Does this information mean I'm changing my position and beginning to think that traditional media is dying? NO! Not for many reasons, including that more targeted publications (magazines, weeklies, etc.) are still growing in America. My position remains that all media, social or otherwise, is important to public relations professionals.
However, this information does indicate that it is time for newspapers to realize that each, on its own individual merits, must decide whether it will evolve or die. For everyone's sake, I hope they all choose to evolve.
Spotleson, who spoke to my "Writing for Public Relations" class last night, asked a pretty pointed question. Given that daily newspapers traditionally inform/educate (in more detail than broadcast), stir public opinion, cover politics, provide a forum for ideas, entertain, and recognize individuals ... "Who will pick up the slack (if daily newspapers die)?"
It's an excellent question because it seems to me that daily newspapers function differently than the Internet news outlets. Generally speaking, a newspaper reader peruses newspaper sections and stumbles upon news they never thought to look for. Contrary, Internet news readers search for specific topics or look for popular topics with the advent of user-powered content like Digg, Reddit, Yahoo, Technorati, etc.
The difference between these two styles of news consumption is larger than the Grand Canyon. If we always consumed news like we do on the Internet today, it is possible some of the greatest stories of the last century would have never been covered.
I'm not saying one news consumption is better than the other, but given it is often traditional media that is investing the money to cover (or uncover) the news that social media then opines on, one might wonder if social media can afford to lose newspapers.
As much as I'm becoming more vested in the concept of social media and how it might benefit clients, I also concede that social media and information sources like Wikipedia are not always the most credible sources. Just ask actor-comedian Sinbad who recently commented on his presumed death (thank you Kristen Hunsaker for the tip). This bit of trivia doesn't even touch on the idea that most, if not all, political blogs are even further to the right and left of traditional media.
What I am also saying is that as much as I am a fan of social media, I am also a fan of traditional media. And that, if individual daily newspapers want to survive, they need to begin thinking harder about business and technology right now.
There is an immediate need for newspapers to improve hard copy content, enhance content delivery online (beyond search engines), develop better analytics for advertisers, rethink subscription rates, abandon this notion of one day charging for online content, and half a dozen or so other things. (Frankly, sometimes I think I had a better business model to integrate hard copy/Internet circulation and advertising sales five years ago before blogs even entered the picture.)
After all, I can only guess that there are reasons that both the Associated Press and PR Newswire have agreements with Technorati, which tracks 71.5 million blogs. I imagine, in part, they are preparing for a world where their biggest distributors might not be dailies but rather bloggers who are even less inclined to fact check.
There is an old saying that if you want to save the world, save yourself. Nowadays, it very much applies to daily newspapers.
In 2006, the magic number was 102,406 — the circulation needed as a publisher to break into the Top 100 U.S. Daily Newspapers by circulation. Not to take away from whatever East Valley Tribune (Mesa, Ariz.) is doing right, but that number seems somewhat paltry to me given there are blogs that easily draw a heavier readership.
In fact, not counting Sunday circulation (most newspapers usually have larger Sunday circulations), none of the top 51-100 broke 200,000 in 2006, according to BurrellesLuce (using figures filed with the Audit Bureau of Circulations), a leading media monitoring company. Only three — USA Today, The Wall Street Journal, and The New York Times — break the one million circulation mark.
In contrast, you need significantly more visitors to touch the Top 100 Web sites; several of which — Yahoo, MSN, and Google — provide news content. More specifically, many top social media outlets (blogs) have a higher readership than almost all daily newspapers.
If you need any more proof that daily newspapers are in trouble, consider that comScore Networks announced that 747 million people, ages 15+, used the Internet worldwide in January 2007, a 10 percent increase from January 2006. Or that PEW/INTERNET recently noted that 15 percent of Americans cited the Internet as their primary source of political campaign news in 2006, doubling since the last mid-term election.
Does this information mean I'm changing my position and beginning to think that traditional media is dying? NO! Not for many reasons, including that more targeted publications (magazines, weeklies, etc.) are still growing in America. My position remains that all media, social or otherwise, is important to public relations professionals.
However, this information does indicate that it is time for newspapers to realize that each, on its own individual merits, must decide whether it will evolve or die. For everyone's sake, I hope they all choose to evolve.
Spotleson, who spoke to my "Writing for Public Relations" class last night, asked a pretty pointed question. Given that daily newspapers traditionally inform/educate (in more detail than broadcast), stir public opinion, cover politics, provide a forum for ideas, entertain, and recognize individuals ... "Who will pick up the slack (if daily newspapers die)?"
It's an excellent question because it seems to me that daily newspapers function differently than the Internet news outlets. Generally speaking, a newspaper reader peruses newspaper sections and stumbles upon news they never thought to look for. Contrary, Internet news readers search for specific topics or look for popular topics with the advent of user-powered content like Digg, Reddit, Yahoo, Technorati, etc.
The difference between these two styles of news consumption is larger than the Grand Canyon. If we always consumed news like we do on the Internet today, it is possible some of the greatest stories of the last century would have never been covered.
I'm not saying one news consumption is better than the other, but given it is often traditional media that is investing the money to cover (or uncover) the news that social media then opines on, one might wonder if social media can afford to lose newspapers.
As much as I'm becoming more vested in the concept of social media and how it might benefit clients, I also concede that social media and information sources like Wikipedia are not always the most credible sources. Just ask actor-comedian Sinbad who recently commented on his presumed death (thank you Kristen Hunsaker for the tip). This bit of trivia doesn't even touch on the idea that most, if not all, political blogs are even further to the right and left of traditional media.
What I am also saying is that as much as I am a fan of social media, I am also a fan of traditional media. And that, if individual daily newspapers want to survive, they need to begin thinking harder about business and technology right now.
There is an immediate need for newspapers to improve hard copy content, enhance content delivery online (beyond search engines), develop better analytics for advertisers, rethink subscription rates, abandon this notion of one day charging for online content, and half a dozen or so other things. (Frankly, sometimes I think I had a better business model to integrate hard copy/Internet circulation and advertising sales five years ago before blogs even entered the picture.)
After all, I can only guess that there are reasons that both the Associated Press and PR Newswire have agreements with Technorati, which tracks 71.5 million blogs. I imagine, in part, they are preparing for a world where their biggest distributors might not be dailies but rather bloggers who are even less inclined to fact check.
There is an old saying that if you want to save the world, save yourself. Nowadays, it very much applies to daily newspapers.