Posts Tagged ‘media’

BusinessWeek's for sale, the industry is surprised. I'm not.

Wednesday, July 15th, 2009

NOTE: I’ve got some new blogging gigs – primarily for businesses that I’m operating and launching as part of Pure Incubation – and I want to make sure that I’m sharing the content that I’m producing on those blogs here (in case you care!) So when I blog elsewhere, I’m going to include pieces of those posts here and link to the full posts. FYI!

Here’s the article…

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Apparently the media industry is “stunned” that BusinessWeek is for sale. Really? Stunned?

Today’s article in B2B Media Business cites the following:

  • - BusinessWeek lost $85 million in 2008
  • - BusinessWeek has already lost $20 million in 2009
  • - BW’s ad pages declined 17.2% in 2008
  • - This year, BW’s ad pages have declined 36.8% compared to the same period last year- This year, BW’s ad pages have declined 36.8% compared to the same period last year
  • - BusinessWeek’s online catalogs sellers of viagra and cialis in the usa ad pages have dropped 69% since their high point in 2000
  • - Print ad revenue has fallen 59% in the same time period

BusinessWeek coverWhy are people stunned that McGraw-Hill would want to offload a business unit that is bleeding so severely? I understand that BusinessWeek’s brand is valuable and important, but most companies – including McGraw-Hill – can’t absorb $80 million in losses year after year.

I suppose that the shock and dismay people feel at the loss of well-established print entities shouldn’t surprise me. Just look at the outrage that people felt at the thought of the Boston Globe possibly closing its doors, even though that publication is on track to lose $85 million this year.

Read the full article on the Sauce Technology blog

What a tragedy in my hometown taught me about how media has changed forever

Monday, April 27th, 2009

(Note: Sorry for the blogging hiatus…I really wanted to publish this post before writing anything else, but have struggled with finishing it. Thanks for understanding and hopefully I’ll be back to my regular posting schedule now!)

I’m from Binghamton, N.Y.

In the past, when I told people that fact, I had to explain where Binghamton is located. (Upstate. Do you know where Syracuse is? No? Ithaca? No? How about Albany? You know, the state capital? About two hours from there.) But now, everyone has heard of Binghamton. I wish that it was because our basketball team made it to the NCAA championship. But sadly, it’s for a far grimmer reason.

Binghamton

I have had a number of posts half-written about what happened in Binghamton since I heard the news. None of them seems quite right to publish in the wake of the multitude of experiences and sadness and loss. But I will say that Binghamton is so much more than a sick shooter and tragedy and death. Just as the city isn’t all bad, it isn’t all good with “tidy houses lining the neat streets,” as I heard someone on CNN report (I guess they must have been reading Wikipedia). But Binghamton is my hometown, as Rod Serling wrote. I love it, and I love the people who live there. And I’m incredibly saddened by the recent events.

But that’s not really what this post is about. This post is about how the news spread, and just how much media has changed.

Just a few years back, news was spread by the mainstream media. Some event would happen, and other than the few people who might have been at the scene, the majority of people found out the news through TV, radio, or even the Internet. But typically, the people reporting on the news were the major news media outlets that were using various media to report the news.

But all that is changing. Now, there are a variety of publishing and communication tools that allow everyone – not just the mainstream media – to distribute news. My experience finding out about what had happened in the Binghamton shooting event was completely different than during any other news even in the past. Not only was the information transferred through a variety of media, but the people who were passing on the news were the people on the scene, the people who really knew what was happening; the people who I care about.

Here’s a timeline of what I found out, when and how:

April 3
12:45pm – Instant Message from a co-worker who saw the news on Twitter.

1:20pm – Phone call from my husband Chris, who was driving ativan online pharmacy to a meeting and heard the news on the radio.

1:24pm – Text from a friend: “Turn on CNN now if you can. Shootings in bingo.”

1:28pm – Text from another friend: “Binghamton is in the new Big Time. Shootings”

1:38pm – Twitter Direct Message: “Did you see what’s going on in Binghamton?”

2:44pm – Facebook post from friend: “I just heard that my brother [a Binghamton police officer] is safe from the incident in Binghamton. Thank god.”

4:24pm – Facebook post from my cousin, who’s a firefighter in Binghamton: “Just got back from working the worst shooting in Binghamton history. Never thought that being a firefighter I would be wearing a bullet proof jacket. It was not good at all. prayers for the injured.”

9:23pm – Text from a friend: “Sadly I heard from that [a friend’s] mom was teaching English there 2day and may have been killed. It’s not official yet, but likely.”

For me, during this event, the news that I cared the most about I got from my friends and family through a variety of means – text messages, IM, Facebook. I watched some of the news coverage on CNN and MSNBC, but when Geraldo started spouting off about how Binghamton “is a very tight knit community” I had to turn him off. I didn’t want to see pictures of the American Civic Association via Microsoft Virtual Earth. I didn’t want to watch the news teams scramble to find someone that they could talk to who knew the town and the people there. I wanted to connect with friends and family, via the phone, Twitter, texting, Facebook. I wanted the news from people I loved and trusted, just like I always have. But the big shift is that now there are ways to do this; to gather and disseminate information and to keep connected to all the people I want to talk to who are hundreds of miles away.

Now, instead of listening to what the mainstream media has to say about Binghamton, I can find out what my friends and family think. And I can be encouraged and inspired by things like this awesome note posted to Facebook by one of my cousins:

“Over the past few days, I have listened to people all over the country try and define Binghamton. I will take a stab at it. Binghamton consists of a majority of people that are “down to earth”, love their family, cherish good times with friends, are not afraid to work hard and care about their neighbors. That is why no matter where you go, it is always good to see Binghamtonians! You know who you are!”

One problem with Internet publishing

Monday, March 16th, 2009

I am a huge proponent of Internet publishing – obviously. I’ve built an entire business around creating online media sites and supporting publishing companies with software that facilitates and improves the publishing process. But there is a problem with Internet publishing that many people have referenced in the past, but came to light for me last week with a first-hand experience.

left sign pointing rightI was working on an article for The Industry StandardWhen will BlackBerry App World launch? And I found a lot of reports from various media organizations, including Gizmodo, that the App World store was set to launch on March 4. It didn’t. So then I was looking everywhere for the reports that the store launch was delayed, trying to find out what happened to RIM to delay the launch.

But I didn’t find any stories about the App World delays.

So that oddity caused me to send a quick note off to a BlackBerry PR rep to ask her about the March 4 launch date. Her response:

“RIM announced the official name of the application storefront – BlackBerry App World – on March 4th. The company did not set March 4th as a launch date. I did see some articles that mistakenly said the store was announced on the 4th, but that was just the date the official name was released xanax bars (the storefront was actually first announced in fall 2008). BlackBerry App World is on track to launch within the next month.”

I sent the note and heard back from the rep about 1.5 hours later. Easy. But this experience brought home the point that Fred Wilson made on March 4 (ironically) about talking to the source to get a story right. It is so easy to send a quick note to a company or an individual to check on the facts of a story before publishing, but it’s easier to NOT send that note. Trust me – I’m as guilty of this as the next guy. I just happened to notice a discrepancy when I was researching the story; otherwise it’s doubtful that I would have sent that note to the PR rep at all.

This is definitely a problem with online publishing. Not that one publication could make a mistake – that happens in print publishing, too. But that one publication makes a mistake, which is then picked up over, and over, and over again by various online media outlets without anyone ever checking the facts.

The solution to this problem is the readers. It will be up to all of us to determine the reliable publications, and support them by reading the ones that are good, and not the others.

Photo by srslyguy

My favorite posts of 2008

Tuesday, January 6th, 2009

I’m finally back and getting into the groove of 2009 after heading to my hometown to spend time with family for Christmas, and then taking off time over New Year’s, as well. It’s good to be back. But before I start looking forward to all the very good things that are coming in 2009, I wanted to take a minute to reflect on 2008. Here are my favorite posts (for a variety of reasons) from the past year.

2008 blog posts

 

10 less-than-great personality traits of entrepreneurs (2/25/08)
“Here’s a look at 10 qualities that some entrepreneurs share that may help them be great at starting a company, but not so great at existing in normal society.”

The board meeting & the business plan (1/25/08)
“No matter how solid the plans are in your mind, you’ll find holes when you write things down. This is true in about 99.9% of the cases. I’m sure that there are exceptions; other people like Jack Kerouac who famously wrote On the Road on one long scroll, but in general, things get clearer when they are written down. ”

What Skymall can teach you about user testing (1/23/08)
“Basho the Sumo Wrestler table will go well with any decor, unless you’re sitting behind it.”

What’s going to happen to the music industry? (1/8/08)
“So this puts the music industry in this strange position. The indie artists, who are making some money on their small but loyal audiences and the Long Tail, but often not enough money to live off of, would be psyched to get a record contract because the record companies have the marketing and distribution capabilities that they don’t have access to. The big (and already famous) bands, are trying to get out of their contracts in favor of the freedom that the indie artists enjoy. And the record companies are panicking. This is creating a weird, wild situation where everything is about to totally implode if change doesn’t happen quickly.”

7 ways to raise money for your start-up (2/19/08)
“The good news for anyone who has limited resources when starting a company is that entrepreneurs seem to agree that this can be a good thing. The need to conserve resources often leads to creativity, hard-work, and a drive to succeed that can be missing when money is available and things are easier and more comfortable. So the first piece of advice when you’re thinking about raising money is to make sure that you really need it before going after cash.”

Four hurdles to jump after starting a business (2/13/08)
“When you start a business, you may be trying to hold onto faith that it will be a success, but you don’t really know that it will be. Along with that, you don’t always know where you’re next client will come from. Or employee. Or dollar. So you have to come to a point of accepting the not knowing, embracing the uncertainty. For me, it’s kind of a thrill to be working this all out as I go because I have come to believe that no matter what I face, I’ll figure it out. It might not be today or tomorrow, but eventually, I’ll either determine a way to get around the issue, find someone to help me with it, or overcome it in some way.”

4 reasons media companies are so far behind in social media (3/25/08)
“One issue that the tech publishing companies have is that they are stuck with legacy systems that were created before the term “social media” even existed. While blogs that are newcomers on the scene were built from the ground-up to support social media, the big publishers are struggling to make the smallest changes to their massive publishing systems that will allow them to play in the social media space. These companies have millions of pages of content – all stuck in ancient content management systems that they adopted in the 1990s. This digging out of legacy technology and making the transition to Web 2.0 technologies is not going to happen quickly, easily or at a low cost for these companies.”

5 ways to make sure that skimmers will read your email message (3/13/08)
“The life of a skimmer is treacherous. They go to meetings and get asked a question “about that email that was sent yesterday” and have absolutely no idea how to answer. They never know what time the party is going to start, or who was invited, or what day it is going to be held. Skimming causes problems. But for whatever reason, skimmers can’t stop. They might just think it’s ridiculous that people send long email messages. They might be “all about efficiency” or “impatient” or “don’t care.” The list of reasons is long.”

The rare women tech start-up founder (4/30/08)
“Although it may have been said many times in many ways, I think it’s a mistake to gloss over the issue of having kids…For every start-up founder, I think, balancing a career with the rest of life is something to think about. But as a woman, the issue rarely leaves my mind. It adds urgency, pressure and stress. And I’m sure for some women, this trifecta of bad emotion is enough to keep them from starting that start-up.”

10 reasons entrepreneurs should take more vacations (4/17/08)
“You are getting boring to be around. This is happening to me. I meet with friends for a drink or dinner, and they ask me what’s going on, and pretty much the only thing that I have to tell them about is my business. And to me, it’s really exciting and fun and interesting to talk about my work. But I can tell that their eyes are starting to glaze over at times.”

I like Twitter, but it has a big problem (4/11/08)
Everyone was writing about Twitter. I knew that I had to figure out how to use it, but I was struggling. I personally knew only one person who used Twitter. My friends (mostly non-techies) and business colleagues (behind in Web 2.0) weren’t using it. So I started “following” people, just in an attempt to see how Twitter worked.”

Stop scheduling meetings on Tuesdays and get to work (5/8/08)
“I might be the last person to know this, but Tuesday is the most productive day of the week. I was alerted to this fact by this blog post, which pointed to some research by Robert Half International. But then when I went to dig in deeper, Tuesday-is-the-most-productive-day-ever was all over the Internet.”

.anydomainnameyouwant soon to be available for purchase (6/27/08)
“I have heard a lot of people making the case that the only domain name that really matters is .com. Although I agree that the .com domain name will stay the strongest for the foreseeable future, this thinking is really short-sighted. Although technology is advancing quickly, the Internet is still in its infancy. It’s hard to predict what will happen in two years, let alone in 20 years. I think that there is a very good chance that other gTLDs will become important. I’ve seen evidence of this in other countries, and honestly, it’s even possible that the gTLD system could eventually go away entirely.”

10 tips for building a killer Facebook app (6/5/08)
“Do the “addiction test.” Can someone use your application once and then never again? Not good. Do they use it once and then feel compelled to immediately use it again? That’s good. Do they want to go back and use it the next day? And the next? That’s even better.”

Patience is a virtue that I just don’t have (but I’m working on it) (8/21/08)
“I have fought a life-long battle with patience. I know that this story is not unique – very few people like to wait. But I’m writing about this now because I have enduring a trial that is requiring patience that I never thought I could muster – the patience needed to start a company.”

Five things your business can learn from Disney (8/13/08)
“Fake it ’til you make it. When Disney introduces a new potential star to its audience, it makes sure that the nobody looks like a somebody from the first moment they are introduced. The singer is usually introduced in a short-clip music video or concert during a commercial break on the Disney Channel. That video shows a huge crowd of adoring, hip, teenage fans screaming and swooning for the “star.” This crowd is made up of paid and wannabe actors, and the music video is usually shot in a studio. But it looks like the singer is a star, and more importantly people believe the singer is a star, even before it is true.”

Five reasons to start delegating more today (9/10/08)
“Believing that you are the only one that can do a task isn’t helpful for you and isn’t helpful for your business. And it’s probably not true. This is the most common protest made by over-achievers and perfectionists who think that they can do the work the best or the fastest or without any help. And this notion is dangerous because trying to run a business completely alone will not work.”

10 ways to stay positive when times are tough (11/4/08)
“I am an optimist, but I’ve been feeling this slump like everyone else. As an entrepreneur, I feel a little bit like I have a split personality, reminding myself of all the reasons that starting a company during a recession is a good idea, internalizing all the reasons that owning a business in a recession is a very difficult prospect. It’s emotionally draining.”

Babel Fish, Google Translate and human go head-to-head (12/5/08)
“To me, it looks like the human with moderate Spanish skills won, hands down. But if you aren’t lucky enough to sit 3 feet away from someone who is willing to indulge your translation needs, I would go with Google Translate. At least in Spanish-to-English translation, with these examples, it had a slight advantage.”