Mather Report with David Clinch
David Clinch
#MediaRevenue Consultant at MGP. VP Partnerships - Mather Economics. #MediaRevenue
It has been a busy week on the #MediaRevenue beat and there are lots of interesting stories included in the list below today. If you have any questions about any of the stories, let me know and I would be happy to respond here in public or directly in private if preferred.
Payments from tech companies to publishers are in the news.
The role of Opinion coverage in media revenue strategy is the subject of much debate and that seems likely to continue.
Media companies of all kinds are increasingly leaning in to Events as a source of revenue and that seems likely to continue as a mix of high end exclusive in-person Events and hybrid live + virtual Events.
As I mentioned before, we have now launched the?"Mather: Strategies"?consultancy?service to support media organizations that are moving to the "digital transformation 2.0" stage of their development and aligning their technology, content and newsroom strategy to optimize for consumer revenue.
We will shortly announce some very high profile additions to our strategic consultancy team and will be expanding our work with newspapers and magazines to include other kinds of media and even non media businesses.
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:
"The company has paid average annual fees of more than $15 million to the Washington Post, just over $20 million to the?New York Times,?and more than $10 million to The Wall Street Journal, according to people familiar with the matter. The Journal fee is part of a broader Facebook News deal largely negotiated by parent company Dow Jones & Co., including annual compensation worth more than $20 million, people familiar with the partnership said."
"Britain's largest newspaper publishers could be in line for big tech payments worth ￡170m a year if the UK passes Australia-style legislation forcing?Google?and?Facebook?to pay for news."
“Not only are editorials and opinion columns “among our least read content,” the committee said, but they are “frequently cited” by readers as a reason for canceling their subscriptions.”
"Many syndicated contracts have been canceled, but regional papers are free to use opinion content from USA Today. And local columnists with identifiable personal styles can continue on as is."
"Licht also indicated CNN wanted to build up its digital staff. “We are focused on increasing engagement with our audiences by investing in technology that allows us to serve all of the incredible work done by our editorial, video, audio, programming, and product teams, and we are hard at work building a plan to do so,”"
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?"“He’s still on a listening tour, assessing how the operation works. And then in the fall, I think people expect a series of announcements regarding leadership and show changes.”"
"The publisher is generating an eight-figure revenue from the business."
"Time’s events business is on pace to bring in at least $10 million in revenue this year for the first time, according to Ian Orefice, president and COO of Time and Time Studios. The business is “projected to grow around 20 to 30% in 2023,” Orefice said. He declined to share exactly how much revenue Time’s event business is driving this year."
"Time claims to have generated revenues of more than $10m since initiating its first NFT sale in March 2021"
"Susan E. Arnold, chairwoman of Disney’s board, said in an emailed statement that Mr. Chapek had the board’s backing — a rare public comment that indicates that, despite upheaval, Mr. Chapek is headed toward a contract renewal. His current contract expires in February."
"After 10 years in Chicago, The Onion is navigating fraught times with its unique sense of humor"
"With the capital, the duo has acquired 18 Hispanic radio stations across 10 markets from TelevisaUnivision."
"Two of the five outlets — Atlanta and New York —?received $20,000 grants in mid-2020 from the Knight Foundation to start enhancements to their digital publishing systems. Those grants were part of a?three-year, $2 million Knight Foundation initiative?to implement sustainable publishing solutions at local media organizations that serve underrepresented communities."
"A year after a Pulitzer win, the RTD hemorrhages staff as Lee Enterprises cuts newsrooms to the bone."
"The importance of building a reading habit among subscribers is consistent with findings from other news publications, according to Arvid Tchivzhel, managing director of digital services at Mather Economics, a global media consulting firm that specializes in subscriber management and data analytics. “Habit is more important than intensity,” he said. “I’d rather have someone read one article a day and come back than someone who reads six articles at a time and doesn’t come back for months.”"
#MediaRevenue Consultant at MGP. VP Partnerships - Mather Economics. #MediaRevenue
2 年Updated with some new stories.