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...
Division of Labor, Talent and Journalistic Branding
Monday, December 31, 2012 | comments
Labels:
brands and branding,
digital media,
employees,
journalists,
news media
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...
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”...
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...
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...
The Business November 28th 2012, The "Black Cyber Wednesday Door-buster!" Edition
Monday, November 26, 2012 | comments

Did you shop til you dropped all pretense of human decency and clawed at the eyes or your fellow man to get the last off-brand, 47 million inch TV? Did you laugh all the way to the bank? Did you also cry when you got there and realized you had spent all your money in a tryptophan induced frenzy? If you didn’t shop, did you maintain a...
The Business November 21st 2012, The "Emily Squared" Edition
Monday, November 19, 2012 | comments

This Holiday season, we are thankful for our Emilys. Two Emilys in particular, and they will both be here on Wednesday so we can give them thanks. Emily Heller is a comedian and writer who likes you very much. You may have seen her on the third season of John Oliver’s New York Stand Up Show on Comedy Central, or as one of the New Faces at...
The Business November 14th 2012, The "North Atlantic Treaty Organization" Edition
Monday, November 12, 2012 | comments

A friend of The Business is back in town! We’ve missed him since he moved to New York, but he’s been visiting our living rooms every Thursday night via the excellent show he writes for, Totally Biased with W. Kamau Bell. Come enjoy him live and in the flesh here in SF! We are happy to welcome Nato Green. Nato was named SF Weekly’s Best...
Many journalists can't provide the value-added journalism that is needed today
Sunday, November 11, 2012 | comments
Journalists pretend they spend their time investigating the intricacies of international affairs, covering the inner workings of the economic system, and exposing abuses of political and economic power. Although many aspire to do so (and occasionally do with great effect), the reality is far from the imagined sense of self.Most journalists spend the majority of their time reporting what a mayor said in a prepared statement, writing stories about how parents can save money for university tuition, covering the release of the latest versions of popular electronic devices, or finding out if a sports figure’s injury will...
Labels:
digital media,
employees,
journalism,
journalists,
news media,
newspapers,
Twitter
The Business November 7th 2012, The "Roseanne Barr Victory Party" Edition
Monday, November 5, 2012 | comments

We did it everybody! We made it through another election cycle as a docile populace unwilling to topple our overlords! No matter how you feel about the election results, you should come to The Business to celebrate/mourn. We have invited Kevin O’Shea, a friend of The Business and one of our favorite guests to join us. Established in 1984 following...
The Business October 31st 2012, The "BOOsiness SPOOKtacular Edition of the Damned" Edition
Monday, October 29, 2012 | comments

How could there be a better place to spend Halloween than a theatre called the DARK ROOM? The Business is ready for the holiday, we have our candy, our costumes and our post victory parade riot gear all set. Come one, come all, and bring the spirits of your ancestors with you. Don’t worry, if you get a case of the SPOOKIES, our guest this...
The Business October 24th 2012, The "Home Game Before The BIG AWAY GAME" Edition
Monday, October 22, 2012 | comments

Before The Business hits the BIG STAGE at Cobb’s Comedy Club this Saturday night the 27th at 8pm, we wanted to enjoy a night at our Dark Room home with a perfectly delightful guest. In fact, if you’ve had the pleasure of meeting her personally or have just googled the meaning of her name, you know she is a calm and powerful goddess. Shanti...
Changing frequency of newspaper publication is not a sign of the apocalypse
Monday, October 1, 2012 | comments
The number of newspapers that have reduced their publication frequency in response to market changes and economic conditions continues to rise.This year the Times-Herald in Newnan, Georgia shifted from 7 days a week to 5 days per week. The New Orleans Times-Picayune moved to 3-day per week schedule, as has The Patriot-News in Harrisburg, Pa., and many papers in the Advance Publications group.In doing so, the papers are bolstering their digital publications and producing in physical form only on days that most interest retail advertisers. From the financial standpoint, these moves make a great deal of sense.Reactions...
Labels:
advertisers,
internet,
journalism,
newspapers,
strategy
Canadian Media Merger Creates High Market Power and Runs Against Concentration Trends Elsewhere
Thursday, August 30, 2012 | comments
The proposed merger between Bell Canada Enterprises and Astral Media will shortly be considered by the Canadian Radio and Television Council (CTRC). The merged company will own 70 television and cable channels, more than 100 radio stations, and some of the country’s most popular websites.The combined company will serve nearly one-third of the national TV audience, more than 40 percent of the national cable TV audience, and about 30 percent of the nationwide radio audience. In addition the merger will increase Bell’s vertical integration and its power over distribution systems used by competitors. This later factor...
Contemporary Trends Change Magazine and Newspaper Printing Markets
Monday, August 20, 2012 | comments
The markets of magazine and newspaper printing firms are undergoing significant changes, reflecting on-going transformations in the customers they serve.Some of the changes have been under way for 2 decades with traditional printing companies morphing into printing service companies offering more profitable value-added services and products. These included high-end specialized printing capabilities and services, database printing, and wide-ranging distribution services. At the same time, the increasing number of magazine titles, accompanied by lower average press runs, pushed the companies toward higher efficiency...
Labels:
competition,
consolidation,
Donnelley,
Gruner und Jahr,
investors,
magazines,
newspapers,
pricing,
printing,
Quad/Graphics
NBC's Olympic Coverage Shows Audience Expectations Aren't in Its Cross Media Strategy
Monday, August 6, 2012 | comments
NBC’s Olympic coverage in the U.S. reveals the conflict media companies face as they try to simultaneously manage traditional media delivery and digital distribution.The company is getting it right with the traditional broadcasts, garnering excellent audiences and more than $1 billion in advertising—a figure that surprised even its most optimistic executives and may allow the broadcaster to break even on the games which have traditionally been a loss leader for the company.The company is also giving audiences more coverage than every before by streaming additional content on cable channels and digital live...
Labels:
advertisers,
audiences,
broadcast media,
digital media,
internet,
NBC,
strategy
The Daily’s rocky performance shows legacy brands create digital advantages
Wednesday, August 1, 2012 | comments
The News Corp’s launch of the tablet newspaper The Daily in February 2011 was heralded as the future of news and revealing opportunities for major new entrants in the news market. After a year and a half of operation, the digital newspaper has lost more than $30 million, managed to gain only 100,000 subscribers—not a trivial amount but low for a global player, and has just announced that it is cutting 1/3 of its editorial staff and ending original production of sports news and commentary.Journalistically The Daily is not a bad news product and its app is facile and effective. So why hasn’t it been more successful?...
Facebook's business problems are symptomatic of many large digital firms
Friday, July 27, 2012 | comments
Facebook is wrestling with a business challenge more traditionally found in legacy media: how do you translate consumers that don’t think they have a commercial relationship with you into relationships that that other firms will pay for?Despite 955 million active users and increasing revenues, the company has lost a third of its share value since its IPO in the spring. The exuberance that surrounded its IPO and overpriced its shares has worn off and investors are realizing that being big isn’t enough to ensure business success. Its latest earnings reports show the firm lost money, $157 million, in...
Labels:
AOL,
business models,
digital media,
Facebook,
internet,
social media,
strategy,
Twitter,
Yahoo,
You Tube
Digital journalism reaches sustainability, but transitional business problems interfere
Wednesday, July 11, 2012 | comments
The income streams of digital news providers continue to grow and many have now reached the point of sustainability. Fundamental financial and business problems, however, are keeping publishers from moving out of print and becoming digital-only operators.This leads many publishers and journalists to continue bemoaning the fact that digital media do not provide as much income as print and many still argue that organized, regular newsgathering and distribution cannot survive in a digital-only environment. They point to the fact that digital advertising produces only about 15 percent the income of print advertising—largely...
Labels:
advertisers,
business models,
digital media,
facilities,
internet,
journalism,
news media,
strategy
Cable firms and Facebook Continue to Disappoint their Customers
Sunday, July 1, 2012 | comments
Serving and satisfying customers is a crucial part of value creation in any business,but U.S. communication firms continue to struggle with the very basics and are being heavily criticized for poor service, price gouging, billing problems, and generally poor customer relations.40 percent of the top 15 companies that most dissatisfy customers are communications firms, according to the latest data from the American Consumer Satisfaction Index.The companies American most dislike include Facebook and cable systems, which operate as near monopolies and consumerss have no real competitors to turn to for better service....
Letting go: Making sense of social magazines and news readers
Tuesday, June 5, 2012 | comments
Applications that aggregate articles based on what others in one’s social network are reading and reformat them into an attractive magazine and presentation formats are growing in popularity, but they are raising concern among some publishers. The processes build upon the referral and curating functions of colleagues and friends in social networks and reduce the need for users to go to multiple sites for content on their own. Some of the best known social magazines are Flipboard, Newsmix, Currents, and Pulse. Some publishers are starting their own social reading apps, such as New York Times that has a Facebook...
Is the future of digital journalism an outside job?
Friday, May 11, 2012 | comments
Making small digital news providers sustainable has become the holy grail of journalists and the search continues for workable business models and revenue streams.Advertising may produce some revenue, but it will never generate sufficient resources to support digital journalism because so little advertising money is available for sites with small audiences. About three-quarters of all online advertising goes to the top 10 sites and Google, Facebook, Microsoft, and Yahoo account for about 60 percent of all online revenue. This leaves very little advertising expenditures to be contested among all other players--of...
Labels:
advertisers,
business models,
digital media,
Facebook,
Google,
journalism,
journalists,
Microsoft,
news media,
revenue,
Yahoo
The thorny problem of media pluralism
Monday, April 23, 2012 | comments
The term pluralism is regularly used in critiques of media and in arguments for public intervention. It is employed so loosely, however, that it allows varied interpretations to be attached and this makes it highly challenging to turn general support for the concept into specific policy. Much of the lack of clarity is the consequence of indefiniteness of the term and because it is used as a proxy for more involved concepts.The term is derived from “plural”, an indistinct quantitative concept indicating the existence of more than a single thing and plurality itself merely indicates a state of being numerous. This...
Labels:
audiences,
digital media,
internet,
pluralism,
public policy
Changing social power is reflected in the sales of newspaper offices
Thursday, March 1, 2012 | comments
Newspapers across the US are shedding large downtown buildings in favor of more modest facilities, often away from the center of cities. The downsizing is the consequence of reduced need for office space following staff cuts, changes in production technologies that reduce space requirements, and the outsourcing many printing and distribution activities. Examples include:The Miami Herald has sold its bayfront building and the 14 acres around it for $236 million and is planning to relocate elsewhere next in 2013. It will use the proceeds to pay down debt and pension liabilities. The Ft. Worth Star-Telegram has sold...
Labels:
facilities,
finance,
newspapers,
society,
technology
Newspapers increase use of co-opetition practices
Monday, January 9, 2012 | comments
U.S. newspapers are increasing their use of co-opetition practices, that is, cooperating with competitors to reduce costs, create synergies, or reduce risk in new markets. Such activities are permissible if they are not designed to create cartels or control prices for advertising or circulation.The latest example occurred this week when the Boston Herald announced an agreement with the Boston Globe for its competitor to print and deliver the Herald. The move creates cost savings for the Herald by allow it to cut printing, trucks, and delivery personnel, while simultaneously creating production and distribution economies...