Division of Labor, Talent and Journalistic Branding

Monday, December 31, 2012 | comments

A clear divide exists between generic labor and talent in media companies and it is now increasingly dividing journalists. The divide initially appeared in the motion picture industry and moved into broadcasting as competition led companies to vie for the talented people—or at least those who could generate the largest audiences and revenue for media companies.

The talent concept moved into journalism with the development of television news and salaries for news presenters and leading correspondents that were far above those of average television reporters.   In print journalism, talent initially involved columnists and then encompassed a few well-known reporters.
Today, the appearances of journalists at events and on talk shows, individually-authored digital news sites, and the increasing uses of blogs and social media by journalists is transforming many into individual brands that are being using to improve their social standing and connections with audiences. This journalistic branding no longer primarily supports employers’ interests for audience creation and retention. Instead, it creates an individual brand that increases the demand for the services of the branded journalist. This, of course, can be translated in higher wages, better employment opportunities, or self employment via the digital media.

The fact that individual journalists are finding ways to increase their value isn’t a problem, but journalists need to thinking about the point where branding transforms them into celebrity—thus moving them from being an observer to a participant in the news they report.
The development of talent—whether as journalists, investment managers, sports personalities, and even publicly recognized scholars—represents a significant shift in capital-labor relations.  In industrial society, capital had disproportionate power because it controlled factories and labor had few ways to counteract that power outside of collective bargaining. In post-industrial society, however, power is shifting toward talent because these branded professionals are a new class of personnel who are crucial for companies—but talent doesn't fall into the traditional capital or labor categories.

One of the downsides of this shift, according to Roger Martin, dean of Rotman School of Management at University of Toronto, is that it is creates two classes of labor: generic labour and talent. The first is often undervalued and the second sometimes overvalued.  The process is creating disproportionate incomes, opportunities, and mobility for the latter group and there is growing animosity between generic labour and talent because they do not share similar experiences or have a common identity.
What talent will mean to the future of journalism is uncertain, but digital communications are clearly making it possible for some journalists to separate themselves from others and to move into the talent category. It is something we should be watching.

The Business December 19th 2012, The "Life Is Excellent" Edition

Tuesday, December 18, 2012 | comments

 

We will, we will rock you. Rock you.

Well, more specifically, we are more than happy to welcome Bobby Joe Ebola and the Children MacNuggets to rock you!!

Bobby Joe Ebola and The Children MacNuggits began in 1995, in a trash-strewn fast-food parking lot in Pinole, CA. Guitarist Dan Abbott and singer Corbett Redford rose from humble circumstances as a satiric folk rock band that played for friends to their current majestic heights with hilarious and sometimes frightening acoustic performances. The MacNuggits have gathered loyal legions of fans with their infamous combination of searing social satire, soaring harmonies, outlandish and shocking truths, and poop jokes. The songs draw upon a variety of pop culture, of global crises, of interpersonal labyrinths, of nightmares and daydreams, skewering them on a rusty spit for the world to see. With a nod to social satirists like Lenny Bruce and George Carlin, and musical influences ranging from Slick Rick to They Might Be Giants, Bobby Joe Ebola is the vaudeville routine for your personal apocalypse.

Bobby Joe Ebola will be CELEBRATING the release of their brand new new CD/LP, TRAINWRECK TO NARNIA on Rooftop Comedy Productions & Dirt Cult Records! Come pick up a copy!
 
We are also pleased to have Kevin Hawkins joining us. The internet says: “Kevin Hawkins has worked as a teacher, principal, school head, and social worker in the UK, Africa, and Europe. He brings to education a holistic understanding of children and young people from his lifelong work with adolescents, and he strives to support the development of young minds through enhancing students’ self-awareness and emotional intelligence. “ but I’m pretty sure that’s a different Kevin Hawkins, and our guest this week is just a cool funny dude up from LA.

Your regulars will be there “Alex Reflux” Koll, Bucky “SARSnister”, Caitlin “Rhinovirus” Gill, Sean “Croup” Keane, and Mike “Diphtheria” Drucker.

The show is just $5! If you want to bring a friend, bring em for free!!  Print out you your 2-for-1 coupon from above!!!

BYOBurritonuggets.

The Business December 12th 2012, The "The Cartoonist and the Cartoon" Edition

Monday, December 10, 2012 | comments

This Wednesday night is gonna feel like a Saturday morning. The Business is bringing you a talented cartoonist, as well as a human who may very well be a cartoon.

Michael Capozzola has contributed to Mad Magazine, The New York Times and National Lampoon. Each year, Michael produces and hosts the Cartoon Art Museum’s annual “Comics for Comix” comedy fundraiser which he conceived as well. He has been in a bunch of commercials, you can see his broadcast/ TV reel at http://vimeo.com/21673752. Born and rais
ed in New Rochelle, NY Michael subsisted on comic books and chocolate until he took up comedy and caffeine. He created his own comedy studies major while at Ithaca College. (NERD.)

Dr. Foxmeat is half warewolf, half cotton candy. He is part liger, part tigon. He is carbon based and also plays bass for The Carbons. He is always a true pleasure to have as a guest. Come experience him.

Your regulars will be there as well: Mike Daffy Drucker, Bugs Sinister, Yosemite Sean Keane, Alex Foghorn Leg-Kol” and Wile. E Caitlin Gill.

This whole show is just $5! You can even bring a friend for free! Just grab a 2 for 1 coupon here!
WE SELL OUT. Get there early so you can get a seat.

BYOBurrito. I still get carnitas, even though it means “That’s all folks” for a Porky.

The Business December 5th 2012, The "D&D" Edition

Wednesday, December 5, 2012 | comments


Gather your dice with many sides and prepare yourselves for a magical adventure of the imagination! Let The Business be your Dungeon Master for this tournament of champions featuring our own D&D, Derek Sheen and Dave Thomason.

A cuddly mess of insecurities; Derek Sheen enjoys over-sharing about his personal failures and the most intimate details of his secret thoughts. He likes turning over rocks and talking about the squishy things that live underneath and loves making audiences laugh, even when they
feel like they shouldn't. He has been killed in several movies and cartoons! Most recently in the Funny or Die series “Adventure Buddies”; the voice of E.T. in the gay porn/animated favorite “E.T. 2:Dark Territory". His album "Holy Drivel" is available from Rooftopcomedy.com. Lindy West of Jezebel.com has called him "A Human Hug".

Dave Thomason is a stand-up comedian who was born in San Francisco and now tells jokes there. He recently won Rooftop Comedy’s Silver Nail Award recognizing the best up-and-coming comedians in the nation. Dave has performed at a bunch of neat-o festivals across the country, including the SF Sketchfest, Bridgetown Comedy Festival, and the Aspen Rooftop Comedy Festival. His stand-up has been featured on NPR’s “Snap Judgment”. You can catch him regularly at the Punch Line in San Francisco.

Plus a visit from one of our favorite guests, Nato Green, writer for Totally Biased with W. Kamau Bell on FX.

All your regulars will be assembled, Bucky "Strength" Sinister, Caitlin "Constitution" Gill, Alex "Wisdom" Koll, Mike "Dexterity" Drucker and Sean "Charisma" Keane.

Tickets are just $5! We sell out! Get there early for a seat.

BYOBurrito or you will lose hit points.

What we now know about news and news revenue in the digital world

Monday, December 3, 2012 | comments


There has now been enough experience and research to draw conclusions about how news is transitioning to the digital world and what it means for news companies. If one objectively views the developments, one sees that the current developments are is neither as bleak as some journalists portray them nor as rosy as some digerati frame them. Instead, we have reached a point where digital news is becoming workable in commercial terms, but is not yet mature enough to erase the industry's business challenges.
News consumption in the digital environment is significant and audience reach is now 5 to 10 times larger across digital platforms than for print editions of most newspapers.  Many large news organizations are now generating 15-25 percent of their revenue from online, tablet, and smartphone platforms and benefits are starting to appear for some mid-sized players as well.

If we look at what has occurred in the past decade, there are some important lessons to embrace about news businesses in the digital environment:
  • Commoditized news does not create economic value; you have to provide something unique if you are going to get the public to pay for it
  • Consumer payments are becoming a more important revenue source than advertising and success come through creating more sources of revenue than merely audience sales and advertising sales
  • Paid apps for news on smartphones and tablets are gaining better acceptance than general online payments, and
  • new partners, networks, and value configurations are needed in the digital world.
When it comes to payment issues we now know that:
  • Willingness to pay is affected by the platform used (partly because of expectations and traditions and partly because of better payment interfaces), as well as the number of free digital competitors in the market
  • Willingness to pay ranges from about 4 to 12 percent of the public in markets that have been studied
  • Larger legacy news players seem to have advantages when seeking digital payments because of their offline size and resources and the strengths of their brands
  • Instituting a paywall reduces website traffic between 85-95 percent
  • Metered ( freemium) models provide brand and marketing advantages and reduce traffic loss somewhat
  • Cooperative paywalls involving multiple newspapers are beginning to work in some locations and provide economies of scale and transaction cost saving that are useful for smaller organizations
  • Public affairs magazines are finding it easier to get the public to pay than newspapers, especially on tablets. This may be due to differences in how they approach and present content.
It is also apparent that users expect more from digital environments than the print environment and that they are more willing to use and pay for news if it offers a better experience (convenience, simplicity, ease of reading/viewing, enjoyment), if they can influence the presentation and consumption and interact with content and other users, if content includes more analysis and access to additional material, if it includes audio-visual material, and if it offers various usability tools. Those factors mean that news organizations have to offer digital content that differs from the print newspaper in many ways.

We have learned that to make money from news in the digital world companies have to focus on customer needs (not the needs of the news organization), must be realistic about financial expectations (you won’t make as much money as in the 1990s and growth won’t be highly rapid), and that you cannot just transfer the same content among platforms because each platform requires different types of presentations, story forms and navigation.
Some news organizations are making good progress in getting things right and the public is increasingly seeing value provided by news on digital platforms and evidencing increased willingness to pay. Most news enterprises still have a long way to go, but we have no reason to be  highly pessimistic about the future of news in the digital world.
 
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