Paper chase
Posted August 8th, 2010 by debritz
As Peter Preston notes here, video didn't kill the radio star, and UK radio listenership is at record highs. That doesn't surprise me at all, and I'm sure listening figures are still buoyant in Australia too (although last time I looked, the radio audience wasn't keeping pace with population growth). But I must take issue with some folks on Twitter who think this is a good sign for all "old media" --specifically that newspapers will continue to thrive the way radio has. The simple fact is that radio, whether it's delivered on the AM and FM bands, on the free digital spectrum or over the internet, is basically the same beast as it ever was -- spoken word plus music designed to inform and/or entertain various targetted markets. And so long as we humans have to do things -- like drive cars or iron or watch the children play -- that require the separate employment of our eyes, radio has no need to change. Newspapers face a different challenge, because the method of delivery is changing more radically and the audience is splintering. While the printed word will survive as long as people can read, the medium of words on newsprint will decline and almost disappear. There will undoubtedly be, even in the distant future, some people who keep books and old papers, and maybe even some who publish them. But as far as the business side of things goes, putting words and pictures on paper, and delivering the product by truck, simply will not be viable. And, as we've already seen, once you start to publish newspapers electronically, they cease to be newspapers as we know them. They can have audio and video and interactive elements -- and, crucially, they can be accessed from anywhere in the world. So far, newspaper publishers haven't excelled in delivering quality sound and vision, except when it is lifted from their professional colleagues at radio and TV stations. Meanwhile, over at Twitter and other social media sites, the really breaking news is being delivered in 144 characters or fewer and in "real time". So when it comes to news "hot off the press", the whole dynamic is changing. Many newspapers are already evolving into magazines that combine longform feature articles and endless opinion pieces at the expense of actual news. Publishers are investing in a small number of highly paid columnists and other specialists rather than in large numbers of flexible foot soldiers who can dig out news at the local level. Looming large over these changes is the big question: who's going to pay for it? Rupert Murdoch is already betting some of his considerable farm on the fact that readers of The Times will pay for online content, while Peter Preston notes that the UK Daily Mail's website is doing fine by creating its own online niche. He says the online edition could be profitable by advertising support only, without a paywall. Australian publishers are already weighing which way to go. The current thinking is that The Australian will embrace a paywall but its News Ltd stablemates (The Daily Telegraph, Courier-Mail, Herald Sun etc.) will not. Not yet, anyway. Farifax already has internet-only titles in Perth and Brisbane and a recent Macquare Bank report suggests taking the Sydney Morning Herald and The Age wholly online would be a profitable move. What the publishers all know is that print is declining and they must invest in quality online products. And they know there are two groups of readers out there: those who will pay, and those who never will. Readers who decide to pay will demand extremely high standards of journalism that reflect their own world view; those who don't pay will still want a product that engages them and tells them what they want to know. Even the online "freesheets" must have unique, targetted content. There is so much choice out there that readers have no reason to bookmark and regularly visit any one product unless it really stands out in a crowded market. My hope is that publishers will see the wisdom of investing in journalism -- not just big-name, big-buck columnists but old-school journos who know their patch and can consistently unearth good yarns that might otherwise go unreported. After all, if we want to know the latest on Lady Gaga or Lindsay Lohan, we merely have to type their name into Google and select one of thousands of choices. But where do we go if we want to know what's happening in our own backyard? The way things are going, there will soon be no news at all from the parish pump -- and we'll all be the poorer for it.


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