I was wrong. Now read closely because like most people, that's not something I say a lot. Several weeks ago in this very same blog I went slightly on the attack against Old Media, especially TV and radio news. I argued they were too passive, not immediate enough and basically just weren't new and sexy enough for my liking.
Well something's changed, the last two weeks I've been working hard. I mean properly hard, not uni student hard. 12 hour a days hard. And I've come to appreciate the passivity of Old Media. TV and radio certainly still have their place in today's world and I for one, hope they're not going anywhere soon.
A good friend of mine (and I use the term in the most optimistic way possible) @SpencerHowson once said to me:
At the time (about 7 weeks ago) I was too young and proud to admit it but now, gosh darn he's got a point. When a properly busy person gets up in the morning they don't have an hour to spare browsing the interwebz for every little news tidbit. What they often do have is a long drive to work, in a car which, unless it's stupidly old or stupidly sporty, will have a radio.
I feel I was more than a little unfair to TV news as well. After a hard day of tree wrangling (that's actually what I'm doing for work this week), nothing feels quite so good as to sit back on the couch and have the news spoon fed to me by people who know much more about it than I do.
Old Media: It's great, just try some.
About Me
- Jorge Branco
- If you want to get a different perspective on my journey, try this blog from Zac. A friend I'm travelling with. zacstravelcolours.wordpress.com
Sunday, 25 September 2011
Friday, 16 September 2011
How to make money from journalism Part 1: Advertising
The future of traditional journalism looks sketchy at best. Newspapers are dying, TV and radio viewers are switching off, online is the answer blah blah by now you should all know the spiel.
It's getting to the stage - scratch that, it's already well past the stage were we can continue to refer to the internet as some vague guardian angel who'll swoop down and save our sweet, news-gathering souls. Most news organisations well and truly missed the boat when it comes to bringing their content online and it's going to be a long, hard swim to catch up.
As with any emerging industry (which is what we have to consider journalism as, so massive are the fundamental changes occuring), everyone's got their own ideas of how to succeed. Unfortunately, at this stage none of them are very good. Essentially there are two philosophies on how to make money from online journalism: Advertising and Paywalls.
Advertising
Advertising can be broken down into two main categories, Pay Per Click (PPC) and Pay Per Impression, both of which have distinct advantages and disadvantages.
PPC advertising is easily the least beneficial because advertisers only pay when someone actually clicks on the ad. Rates are much higher but studies suggest click through rates on these ads are at 0.1% and falling meaning the revenue stream is tiny.
For this reason, PPI is more beneficial because the advertiser gets charged every time an ad is served someone browsing the website. Unfortunately, because their is so much choice for advertisers on the net, rates for this sort of advertising have to be many many times cheaper than comparable ads in newspapers. If you charge too much, it's not too hard for companies to find somewhere else to advertise.
Many sites use a combination of both tactics to make a base sum of money from impressions and then treat any clicks as a bonus.
Coming Soon: Paywalls
It's getting to the stage - scratch that, it's already well past the stage were we can continue to refer to the internet as some vague guardian angel who'll swoop down and save our sweet, news-gathering souls. Most news organisations well and truly missed the boat when it comes to bringing their content online and it's going to be a long, hard swim to catch up.
As with any emerging industry (which is what we have to consider journalism as, so massive are the fundamental changes occuring), everyone's got their own ideas of how to succeed. Unfortunately, at this stage none of them are very good. Essentially there are two philosophies on how to make money from online journalism: Advertising and Paywalls.
Advertising
Advertising can be broken down into two main categories, Pay Per Click (PPC) and Pay Per Impression, both of which have distinct advantages and disadvantages.
PPC advertising is easily the least beneficial because advertisers only pay when someone actually clicks on the ad. Rates are much higher but studies suggest click through rates on these ads are at 0.1% and falling meaning the revenue stream is tiny.
For this reason, PPI is more beneficial because the advertiser gets charged every time an ad is served someone browsing the website. Unfortunately, because their is so much choice for advertisers on the net, rates for this sort of advertising have to be many many times cheaper than comparable ads in newspapers. If you charge too much, it's not too hard for companies to find somewhere else to advertise.
Many sites use a combination of both tactics to make a base sum of money from impressions and then treat any clicks as a bonus.
Coming Soon: Paywalls
Sunday, 11 September 2011
TV News online: The current situation
This video gives a comprehensive rundown of the Australian online TV news landscape.
Apologies, I just figured no blog is complete without tumbleweed (#interwebrulez). Excuse me also for using extreme hyperbole (also known as Hyperbowling) but our options are definitely pretty thin on the ground.
What they offer:
Channel 7
Channel 7’s solution is probably the best as far as an actual bulletin goes, they upload a short (seven or eight minutes) afternoon bulletin and also add most individual stories to the site after the evening news airs. Here's an example of the short bulletin from 25/08/2011:
ABC
The ABC, much lauded for its iView service, simulcasts their bulletin online on the News 24 channel, meaning you have to be there at 7 PM to tune in. This is great for people who live with parents or housemates who might want to watch Home and Away or the 7PM Project (both of which are of course available for viewing at a later date) but not a lot of use for people like me who simply aren't at home. I'll admit, the News 24 is a pretty phenomenal service to have available online but it's no reason to not put the nightly bulletin up as well. For overall online news quality, this has to be the winner.
Channel Ten and SBS
Channel Ten and SBS both offer an online 'Catch Up' service on which they offer the majority of their programming. Once again, news bulletins are the obvious exception.
Channel Ten and SBS both offer an online 'Catch Up' service on which they offer the majority of their programming. Once again, news bulletins are the obvious exception.
Channel Nine
Channel Nine essentially offers the same service as Ten and SBS but with one extra little addition.
In my desperate search for news bulletins online I understandably started my quest with the following search term: "watch australian news bulletins online"
Channel Nine's website was first on Google and when I clicked the link I saw this message.
Perfect! I thought. How easy was that!
Only to be confronted with this nasty little disclaimer a little later on.
The fact they have set up a special section of their website purely for this 'service' absolutely astounds me and shows that more than any other channel they've failed to understand not only the potential of the internet but the basic way it operates.
One of the major reasons the internet is so popular is because it's always there. You don't log onto Facebook only to find it's not open for another half hour. Google.com.au doesn't keep regular business hours.
| Channel Nine's version of news online |
If these stations are going to offer all other their programming online, there is absolutely NO REASON for the nightly news not to be included.
Tuesday, 6 September 2011
Why can't I just watch the news online?
Despite, what many people seem to think, I’m a pretty busy guy. I study at uni full time, live away from home doing all my own cooking cleaning etc, hold down two jobs and play a whole lot of sport.
All this boring background info means I don’t get much spare time. And when I do, the chances of it being between six and 7:30PM on a weeknight (when the news is on) are remarkably slim.
Unfortunately, and surprisingly, given how far we’ve come recently with TV stations offering their content online*, this means I rarely get a chance to watch a nightly news bulletin.
I can come home at 10:30 and tune into any variety of shows from all the major free to air stations but I can’t watch the news.
When I asked Seven Brisbane’s Director of News, Rob Raschke why the station didn’t simply upload the whole bulletin to its PLUS7 service he admitted he was frustrated by the issue.
He said he had no idea why the bulletin wasn’t available online but suspected it might be due to a misguided belief it would erode viewership of the TV bulletin.
But as he readily admitted, no one is guying to watch the news on the computer when they can watch it on TV.
“We saw the same attitude when we tried to get the radio simulcast started,” he said.
He believes it’s only a matter of time before we see full news bulletins online and I certainly hope he’s right.
ABC, Seven, Nine, Ten and SBS all offer some sort of online 'Catch Up' service where users can watch the majority of their content weeks after it airs.
Next Week: A rundown of the current online TV news options
Monday, 22 August 2011
Gaddafi Dead. But which one?
Today twitter brought us a classic tale, full of drama conflict and hope. It had everything, drama, conflict, cliff hangers and one big ol’ red herring. I’m going to tell it as every good story should be told, with a series of screen captures from twitter. No need to thank me for the tip James Cameron.
For those of you reading this (i.e. no one) who don’t use twitter (even more likely to be no one) I’ll fill you in on the details. In the early hours of this morning Libya’s rebel forces stormed the capital, Tripoli, and seized control. Or as it was so eloquently put by author and activist Reza Aslan:
The tension was palpable, you could almost feel the rival news agencies straining at the bit to be the first to break the news of Muammar Gaddafi’s capture or death. If it was followed shortly after by a news conference from President Obama (a la the death of Osama) then all the better.
Reuters, supposedly one of the world’s premier and most respected news agencies was forced to tweet a retraction shortly after as it became clear the source was referring to Gaddafi’s son, Saif al-islam Gaddafi.
UPDATE: It turns out word of Saif Gaddafi's capture may have been a lie spread by the rebels in order to encourage more Regime supporters to defect. Awkward. Here's a tweet from @mchancecnn regarding this. Take it with a grain of salt as there's every possibility his account may have been hacked. Especially given the slightly perilous situation he and the other journos at the Rixos Hotel in Tripoli are in.
Throughout the day, rumours have continued to fly, some very likely true but others based in what can only be described as fact in the same way Wikipedia can be. in the end I think Chas Licciardello summed up twitter's reaction to today's events better than anyone.
Oh and here's a little something to explain my (some would argue highly annoying) overuse of brackets.
For those of you reading this (i.e. no one) who don’t use twitter (even more likely to be no one) I’ll fill you in on the details. In the early hours of this morning Libya’s rebel forces stormed the capital, Tripoli, and seized control. Or as it was so eloquently put by author and activist Reza Aslan:
As you can imagine, news of the conflict, and indeed the build up to the conflict, spread across twitter like wildfire (feel free to substitute for any other metaphors you may feel are appropriate. Maybe something like set the twitterverse ablaze?) The graphs below from hashtags.org show the massive spike in tweets surrounding the terms 'Libya' and 'Gaddafi' as the action began to heat up.
The tension was palpable, you could almost feel the rival news agencies straining at the bit to be the first to break the news of Muammar Gaddafi’s capture or death. If it was followed shortly after by a news conference from President Obama (a la the death of Osama) then all the better.
Unfortunately the Libyan tyrant hadn’t read the script. At this stage the world still doesn’t know what happened to him or where, if anywhere he escaped to, but of course there are rumours.
One thing we do know for sure, Muammar Gaddafi was not detained in the early hours of this morning as was suggested by this tweet.
Reuters, supposedly one of the world’s premier and most respected news agencies was forced to tweet a retraction shortly after as it became clear the source was referring to Gaddafi’s son, Saif al-islam Gaddafi.
UPDATE: It turns out word of Saif Gaddafi's capture may have been a lie spread by the rebels in order to encourage more Regime supporters to defect. Awkward. Here's a tweet from @mchancecnn regarding this. Take it with a grain of salt as there's every possibility his account may have been hacked. Especially given the slightly perilous situation he and the other journos at the Rixos Hotel in Tripoli are in.
Throughout the day, rumours have continued to fly, some very likely true but others based in what can only be described as fact in the same way Wikipedia can be. in the end I think Chas Licciardello summed up twitter's reaction to today's events better than anyone.
Oh and here's a little something to explain my (some would argue highly annoying) overuse of brackets.
Friday, 19 August 2011
The big problem with Google News
Last week I was pretty full on with my praise for Google News. I still think it’s great, but it’s a long, long way from perfect. So today I'm going to open up the door to the dark side and have a bit of a whinge.
The biggest problem with Google News is the way it ranks news results, giving priority to newer editions from larger organisations rather than the original. For the average user, this isn’t a problem. They still get the same news, just from a different source, with a slightly different angle.
For publishers though, the consequences are huge. The way Google displays news is actually a disincentive to ‘break’ a story (MG Siegler from TechCrunch talks about this in more depth here. He's usually a bit of a jerk but he's spot on in this case.) Last Night’s top story on Google News was a perfect example of this. The picture below shows the 'Full Coverage' section for that story. Five articles, by my reckoning just about identical, (feel free to compare them for yourself with the links at the bottom of the article) yet the first article to be published sits at the bottom of the pile.
| The Original Story from the Northcote Leader (actually published 6 hours ago) sits at the bottom |
| This article was actually published about 6 hours earlier (not four like Google thought) |
Of course a big reason for this is the relative obscurity of the Northcote Leader when compared with the ABC Online, causing Google's algorithm to place more weight on the 'trusted source'. But there lies the problem. One of the key values Google uses to determine how trusted the site may be is how often people click on it from the news page. A higher ranked site will obviously get more clicks. You don't have to be a genius to foresee the vicious circle that follows.
The picture below is a perfect example of the culmination of this cycle. Four of the top five articles in the Australian section come form the Sydney Morning Herald, meaning for all the potential variety and choice Google News promises we may as well have just gone to smh.com.au.
Here are links to the screenshots, as promised.
http://www.abc.net.au/news/2011-08-18/melbourne-shooting-kills-one/2845566
http://moreland-leader.whereilive.com.au/news/story/one-dead-another-fighting-for-life-in-brunswick-shooting/?utm_source=twitterfeed&utm_medium=twitter
http://www.smh.com.au/victoria/two-men-dead-after-shooting-incident-20110818-1iznv.html
http://www2.skynews.com.au/national/article.aspx?id=651821&vId=2643479&cId=National
Saturday, 13 August 2011
Why Google News is the best news site on the web.
Editorial bias. How often do we hear this accusation? Whether thrown about carelessly by rival news organisations (see this Media Watch example) or delivered with some merit, it's a nasty concept to deal with.
Recently we’ve seen this issue come to a head with some Labor politicians claiming certain publications are biased in their coverage of climate change. Now this is obviously motivated by more than just a desire for the public to be informed but it can definitely be argued they have a point.
The fact is, as I mentioned in my last post, when we read the newspaper, watch TV, or listen to the news, someone has decided what we should watch. Even on the websites of news giants like CNN and the BBC, one or many people, all with their own personal biases, is controlling what you can read.
Now obviously this will be the case with whatever you read. Every single word ever written is influenced in some way or another by the biases, whether explicit or subconscious, their writer. But what Google News does is give the reader more choice, whilst also providing the reader with an effective way to distil almost infinite amounts of new content into a manageable content package.
It does this with a modified version of its search algorithm, thus removing human bias from the news delivery process as much as possible. Google does a pretty good job of explaining the philosophy behind Google News here and a great explanation of the search algorithm can be found here.
What makes Google News stand out from news organisations' websites is variety and personalisation. The picture below shows just a couple of the great features the website offers.
What makes Google News stand out from news organisations' websites is variety and personalisation. The picture below shows just a couple of the great features the website offers.
The ability to view 'multiple sources' of a story at once is very useful when trying to find the whole story and even when searching for new angles. The service aggregates articles which it believes are similar and when they are displayed, you have the option to click on any of the top few article links. Alternatively, you can select "All __ News Articles" and browse to the version you want.
The personalisation box in the graphic points to three ways an individual user can customise the page to their needs. The arrow on the left points to the "Recommended" section where (provided the user is logged in with their Google account) they can see articles which Google thinks will appeal to them. It uses a variety of factors such as news history and web searches to calculate this.
The middle arrow points to an option to increase or decrease the amount of stories shown for each section (Top Stories, Australian, Technology etc.). Finally, the arrow on the right points to the News Search box. From here the user can enter any term they like in order to keep up with news relating to that subject. From there they can add it as a permanent section on their news page or even create an alert so they are emailed when new relevant articles are found. The potential for this in terms of news gathering and keeping across a breaking story is huge. In an article on the Walkley Foundation website, Claire Wardle talks about her experience with the New Zealand earthquakes, where she found this tool invaluable.
For everything from casual news browsing to intense research, Google News is a great tool for journalists.
As you can tell, I'm a bit of a fan. So just to keep things interesting....
The personalisation box in the graphic points to three ways an individual user can customise the page to their needs. The arrow on the left points to the "Recommended" section where (provided the user is logged in with their Google account) they can see articles which Google thinks will appeal to them. It uses a variety of factors such as news history and web searches to calculate this.
The middle arrow points to an option to increase or decrease the amount of stories shown for each section (Top Stories, Australian, Technology etc.). Finally, the arrow on the right points to the News Search box. From here the user can enter any term they like in order to keep up with news relating to that subject. From there they can add it as a permanent section on their news page or even create an alert so they are emailed when new relevant articles are found. The potential for this in terms of news gathering and keeping across a breaking story is huge. In an article on the Walkley Foundation website, Claire Wardle talks about her experience with the New Zealand earthquakes, where she found this tool invaluable.
For everything from casual news browsing to intense research, Google News is a great tool for journalists.
As you can tell, I'm a bit of a fan. So just to keep things interesting....
Coming next week: The problem with Google News
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