Making money from premium journalism
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Transcript of Making money from premium journalism
Making money from premium journalism
Skye DohertyApril 2010
exclusivity
audiencemarket
content
technology
creativity
storytellingexperimentation
advertising
paywalls revenue
beta
journalism
interaction
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Content
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• Creative / Original• Professionally produced• Experimentation• Delivery platforms
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6Source: http://discussions.ft.com/longroom
7Source: http://www.nytimes.com/interactive/2009/09/29/health/health-care-conversations.html?ref=health
8Source: Electric Sheep Company via Tao Takashi on Flickr
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“If you have an idea, get out there and do it … there are no excuses”
Suzanne Stefanac, AFI Digital Content Lab director
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Made for consumptionNo FlashMultitaskingFew pay for for news apps
AppsGrowth of mobileReinvent contentReinvent advertisingFrictionless payments
PortablePrint qualitiesNew experience
Production processesPriceBrowserClass-based news
STRENGTHS WEAKNESS
OPPORTUNITY THREATS
Revenue
• Subscriptions• Advertising
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13Source: Nielsen , ‘Changing Models: A Global Perspective on Paying for Content Online’
14Source: http://www.ft.com/cms/275bc334-3063-11dc-9a81-0000779fd2ac.html?segid=70011
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Online Mobile iPad
$8.60 $8.60 $17.99
Figures calculated monthly
WSJ monthly subscriptions
“You can visit The New York Times twice a month, three times a month, perhaps even almost every day, and never get charged for content. But if you're a really loyal user and you go every day, read multiple pages, the type of person who we think should be paying, should be subscribing, then we will ask you to subscribe. And we think that will work.”
Media Watch interview with Marc Frons (CTO Digital Operations, The New York Times), 17th February, 2010
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17Source: Adrian Short on Flickr
18http://www.mondaynote.com/2009/03/08/raw-data-comparing-arpus/
19Source: http://www.liesdamnedlies.com/2008/11/online-ad-business-101-part-vi-ad-exchanges.html
Premium publishers have a choice:1.Optimise for ad networks and remove the sales
force2.Sell premium branded content and maintain
sales force / relationships with advertisers
Russ Fradin, Adify president
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Reach
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http://skyedoherty.com