Mather Report - David Clinch
David Clinch
#MediaRevenue Consultant at MGP. VP Partnerships - Mather Economics. #MediaRevenue
It's Friday!!! Welcome to our?weekly?review of important #MediaRevenue?stories.
If you see articles about?#MediaRevenue,?or the impact of local journalism, that you think I should look at, please let me know so I can include them in this roundup.
Lots of news this week about what the future of "The Bundle" is for large and small news organizations. Is it possible for smaller news orgs to take on a "bundle strategy" as they complete digital transformation?
Here is this week's curated selection of?#MediaRevenue?news and a bonus link to a podcast I appeared in this week:
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"Publishers in five European markets introduced cable-style subscription bundles that include national and local news, magazines, podcasts, video, and other benefits. If this model works, the innovation will likely spread globally."
"Making the app a subscriber-only benefit will "drive more engagement and retention," said Times' chief product officer Alex Hardiman." Alex Hardiman
"So when it comes to news in the fully digital age, what will?work? What will be successful, not only financially but in serving the public’s need for fact-based news and information?"
"The?News Media Association?has published a new report by Professor Annabelle Gawer, director of the Surrey Centre of Digital Economy at the University of Surrey, estimating Google returns less than ￡75m in revenue to publishers per year in terms of the traffic it provides (out of estimated Google UK ad revenue of more than ￡10bn)."
"The head of?Canada’s news industry trade body has told publishers in other countries not to be “intimidated” by threats from Google and Facebook as more jurisdictions pursue legislation to force the duopoly to pay for news." Paul Deegan
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"Editors from the New York Times, Financial Times and Tortoise back the value of investigations."
"It’s very hard to establish an identity and win an audience if people can’t read your content. But at the same time, it’s increasingly difficult for new publications to make any money if they don’t have a paywall. But then why would potential readers, who are already feeling the pinch of the cost-of-living crisis, pay for something they can get for ‘free’ from the?BBC, or the Guardian."
"Vice Media LLC?filed for bankruptcy protection and struck a deal to sell itself to creditors, a precipitous fall for the company that once boasted a $5.7 billion valuation."
"The new site from the former owner of The Hill — backed by $50 million — feels like a remnant of an earlier age."
"Forbes agreed to sell itself in a deal that makes it look like the iconic magazine brand is staying in American hands. But two sources familiar with the deal tell Axios the takeover may actually be substantially paid for by foreign investors."
"The Philadelphia Inquirer and outside cybersecurity experts continued Sunday to scramble to restore systems after an apparent cyberattack disrupted operations over the weekend."
"The Rebuild Local News and the Center for Community Media (CCM) announced today a new effort to refine and replicate the model pioneered by CCM in New York City, pushing state and local governments around the country to put more of their advertising budgets towards local news."
"ESPN is laying the groundwork to sell its channel directly to cable cord-cutters as a subscription-streaming service in coming years, according to people familiar with the matter, a shift with profound implications for the company and the broader television business."
My podcast appearance this week speaking about the business of news and my background in Ireland. #MediaRevenue
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