Mather Report with David Clinch
David Clinch
#MediaRevenue Consultant at MGP. VP Partnerships - Mather Economics. #MediaRevenue
Happy Friday and welcome to a new day and time for our?review of the important?#MediaRevenue?stories this week. Let me know what you think about #TGIF Friday morning timing? If I missed anything or if you have any questions about any of the stories, let me know via email or message.
As previously mentioned,?Peter Doucette?has now joined our Mather Strategic Consultancy practice so please connect with him to learn more about our work supporting news media organizations in the U.S., and around the world, as they optimize their revenue strategies.
Need Data Science as a Service? See the article at the end here.
Always?let me know on Twitter?if you spot any?#MediaRevenue?stories I may have missed. If you have any questions or comments about these updates,?please get in touch.?
Here is this week's curated selection of?#MediaRevenue?news:
"A change to the Journalism Competition and Preservation Act proposed in the US means The New York Times, The Washington Post and The Wall Street Journal won’t be able to negotiate with big tech using the law."
"The News Media Alliance, which supports the bill, notes in a Q&A that the Journalism Competition and Preservation Act “is inclusive of conservative publications, such as Breitbart, The Daily Caller, Newsmax, and The Washington Times.”"
"Disney is exploring a membership program that could offer discounts or special perks to encourage customers to spend more on its streaming services,?theme parks, resorts and merchandise."
"Netflix’s ad-supported is set to go live Nov. 1 in multiple countries, including the U.S., Canada, U.K., France and Germany."
"NBCUniversal Chief Executive Officer Jeff Shell has asked his top deputies to find savings at its legacy cable and broadcast TV networks."
"NBC could seek to move up the start time of its late-night programming block including ‘The Tonight Show Starring Jimmy Fallon.’"
"With digital subscriptions and digital advertising revenue stagnating, the company is on a pace to lose money this year."
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"DC paper’s partnership with Imagine and CAA, which already has four projects in development."
"The Post shines a light on sports betting’s rapidly growing industry."
"The announcement comes more than two weeks after Gannett, the nation’s largest newspaper chain with more than 200 papers, executed a round of layoffs starting Aug. 12."
"For Gannett, which owns USA Today and has more than 200 media outlets in 45 states, that means altering the course of a very large ship. And Wadsworth acknowledged that it hasn’t been fast or easy."
"Whether seeking to revive local news in longstanding news deserts or newer ones, stakeholders – including policymakers, industry executives, venture capitalists, philanthropic organizations, universities, scholars and ordinary citizens – are confronted with multiple challenges."
"Running a local news site is quite different from running a multi-billion-dollar football team! And before this model gets out of hand, let’s look at a few of the most important reasons why."
"Allure Magazine is switching to an exclusively digital model."
"It is part of a continued effort to diversify revenue for the site beyond traditional advertising."
"The Daily Wire, the right-wing media entity founded by?Ben?Shapiand?Jeremy?Boreing?in 2015, is that rare thing—an actual growth company that, unlike The Lincoln Project or Independent Journal Review or Breitbart, has the discipline to not light its success on fire."
Mather: "Data collection, data quality, and building the right model are important and often overlooked by inexperienced data science teams. Equally important, however, is the organisation’s ability to clearly define a business use case along with the practical ability for non-technical business stakeholders (such as marketers and newsrooms) to implement solutions within the tech stack."