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What will the #COVID2019 pandemic mean for the business of news? Many news executives will be grappling with this question in the next months.
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Here& #39;s a thread with a selection of articles on this pressing topic. https://abs.twimg.com/emoji/v2/... draggable="false" alt="đź”—" title="Link symbol" aria-label="Emoji: Link symbol">Share if you find it useful and add suggestions at the end" title="What will the #COVID2019 pandemic mean for the business of news? Many news executives will be grappling with this question in the next months. https://abs.twimg.com/emoji/v2/... draggable="false" alt="đź“Ś" title="Pushpin" aria-label="Emoji: Pushpin">Here& #39;s a thread with a selection of articles on this pressing topic. https://abs.twimg.com/emoji/v2/... draggable="false" alt="đź”—" title="Link symbol" aria-label="Emoji: Link symbol">Share if you find it useful and add suggestions at the end" class="img-responsive" style="max-width:100%;"/>
1. "Old forms of local media will suffer. As will precarious outlets serving disadvantaged communities. But that does not mean editorial idealists and commercial realists cannot work together to build a sustainable future," writes @rasmus_kleis here https://reutersinstitute.politics.ox.ac.uk/risj-review/what-will-coronavirus-pandemic-mean-business-news">https://reutersinstitute.politics.ox.ac.uk/risj-revi...
2. Online news sites have seen a surge in audience attention as people seek to understand the #COVID19 pandemic, writes @marcatracy.
"The number of readers visiting @voxdotcom increased 60% from the first week of March to the second" https://www.nytimes.com/2020/03/20/business/coronavirus-news-sites.html">https://www.nytimes.com/2020/03/2...
"The number of readers visiting @voxdotcom increased 60% from the first week of March to the second" https://www.nytimes.com/2020/03/20/business/coronavirus-news-sites.html">https://www.nytimes.com/2020/03/2...
3. These figures are confirmed by @Chartbeat& #39;s latest research, as @tumbling_after explains here. She& #39;s hosting a webinar on April 2. Instructions on how to join in her tweet https://twitter.com/tumbling_after/status/1243221930284589058?s=20">https://twitter.com/tumbling_...
4. Advertising revenues are taking a massive blow. Some local publishers say they are down by 50%, some national titles by 30%.
"One ofhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🇮🇪" title="Flag of Ireland" aria-label="Emoji: Flag of Ireland"> Ireland& #39;s biggest local newspaper groups is laying off dozens of workers due to the collapse of advertising income" https://www.rte.ie/news/coronavirus/2020/0325/1126320-local-newspaper-job-losses/">https://www.rte.ie/news/coro...
"One of
5. Online advertising revenues are further challenged by advertisers blacklisting coronavirus-related stories, as @adage explains here.
"At the heart of the issue are media buyers who are blacklisting coronavirus content in the name of brand safety" https://adage.com/article/media/publishers-complain-about-media-buyers-blacklisting-coronavirus-content/2245406">https://adage.com/article/m...
"At the heart of the issue are media buyers who are blacklisting coronavirus content in the name of brand safety" https://adage.com/article/media/publishers-complain-about-media-buyers-blacklisting-coronavirus-content/2245406">https://adage.com/article/m...
6. You can find more details on this issue in this piece by @BuzzFeedNews @CraigSilverman.
"New data reveals how a major company& #39;s #COVID19 ad keyword blocking starves the news media during a global pandemic" https://www.buzzfeednews.com/article/craigsilverman/news-sites-need-ads-to-survive-the-coronavirus-more-than-35">https://www.buzzfeednews.com/article/c...
"New data reveals how a major company& #39;s #COVID19 ad keyword blocking starves the news media during a global pandemic" https://www.buzzfeednews.com/article/craigsilverman/news-sites-need-ads-to-survive-the-coronavirus-more-than-35">https://www.buzzfeednews.com/article/c...
7. Not every advertiser is abandoning local newspapers. This tweet from @yorkshirepost @JayMitchinson is a reminder that some local companies are helping local newspapers at this difficult time https://twitter.com/JayMitchinson/status/1243213907898118146?s=20">https://twitter.com/JayMitchi...
8. With everyone reminded of the importance of journalism, trusted brands should have an opportunity to engage new subscribers. But our research suggests digital subscriptions tend to be a winner-takes-most market, so not everyone will benefit from this http://www.digitalnewsreport.org/survey/2019/paying-for-news-and-the-limits-of-subscription/">https://www.digitalnewsreport.org/survey/20...
9. Newspapers with paywalls face a tough dilemma. @nytimes @ft @TheAtlantic have made some of their coronavirus stories free to access to help inform the wider community. In https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇪🇸" title="Flag of Spain" aria-label="Emoji: Flag of Spain">Spain @elmundoes has kept its paywall in place. @el_pais have lifted it entirely https://elpais.com/sociedad/2020-03-15/a-los-lectores.html">https://elpais.com/sociedad/...
10. This piece from @poynter explores the paywall dilemma with the help of ethicist @kellymcb
"By making all of your public health coronavirus reporting free, you tell your audience that your mission is bigger than your bottom line" https://www.poynter.org/ethics-trust/2020/do-news-sites-have-an-ethical-duty-to-remove-paywalls-on-coronavirus-coverage/">https://www.poynter.org/ethics-tr...
"By making all of your public health coronavirus reporting free, you tell your audience that your mission is bigger than your bottom line" https://www.poynter.org/ethics-trust/2020/do-news-sites-have-an-ethical-duty-to-remove-paywalls-on-coronavirus-coverage/">https://www.poynter.org/ethics-tr...
11. This article by @kaul_vivek at @newslaundry shows how the paywall dilemma is playing out in https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇮🇳" title="Flag of India" aria-label="Emoji: Flag of India">India
"If paid subscriptions take off in the days to come, newspapers don’t need to depend on corporates and governments for ads" https://www.newslaundry.com/amp/story/2020%2F03%2F25%2Fcan-newspapers-survive-the-coronavirus-fallout">https://www.newslaundry.com/amp/story...
"If paid subscriptions take off in the days to come, newspapers don’t need to depend on corporates and governments for ads" https://www.newslaundry.com/amp/story/2020%2F03%2F25%2Fcan-newspapers-survive-the-coronavirus-fallout">https://www.newslaundry.com/amp/story...
12. Here& #39;s a good primer from @NewspaperWorld on how Indian newspapers are fighting plunging revenues during the crisis
“Our primary focus has been on ensuring we reach our subscribers safely and on time," says a spokesperson from @the_hindu
https://blog.wan-ifra.org/2020/03/24/covid-19-how-indian-publishers-are-fighting-plunging-revenues?utm_source=dlvr.it&utm_medium=twitter">https://blog.wan-ifra.org/2020/03/2...
“Our primary focus has been on ensuring we reach our subscribers safely and on time," says a spokesperson from @the_hindu
https://blog.wan-ifra.org/2020/03/24/covid-19-how-indian-publishers-are-fighting-plunging-revenues?utm_source=dlvr.it&utm_medium=twitter">https://blog.wan-ifra.org/2020/03/2...
13. Local newspapers are launching membership drives. A great example is @onthewight in the https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇬🇧" title="Flag of United Kingdom" aria-label="Emoji: Flag of United Kingdom">UK
“Thanks for the service you’ve continued to provide during this crisis. There’s something reassuring about knowing you’re there for us," says a loyal reader https://onthewight.com/a-call-to-arms-for-all-islanders-trusted-news-from-onthewight-needs-your-support/">https://onthewight.com/a-call-to...
“Thanks for the service you’ve continued to provide during this crisis. There’s something reassuring about knowing you’re there for us," says a loyal reader https://onthewight.com/a-call-to-arms-for-all-islanders-trusted-news-from-onthewight-needs-your-support/">https://onthewight.com/a-call-to...
14. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇪🇸" title="Flag of Spain" aria-label="Emoji: Flag of Spain"> Spanish newspaper @eldiarioes has gained 5,000+ new paying members in the last two weeks after raising its annual fee. Thousands of members have raised their annual contributions even further after editor @iescolar asked them for help https://www.eldiario.es/escolar/plan-emergencia-garantizar-supervivencia-eldiarioes_6_1009359090.html">https://www.eldiario.es/escolar/p...
15. Here& #39;s a good primer on @eldiarioes strategy by @mariaramirezNY at @NiemanReports
"We often say we are a public service. I& #39;ve always liked that definition of our mission, but I have never fully seen it in such a crude, direct way as I do today" https://niemanreports.org/articles/in-spain-eldiario-es-uses-public-service-journalism-to-fight-the-coronavirus/">https://niemanreports.org/articles/...
"We often say we are a public service. I& #39;ve always liked that definition of our mission, but I have never fully seen it in such a crude, direct way as I do today" https://niemanreports.org/articles/in-spain-eldiario-es-uses-public-service-journalism-to-fight-the-coronavirus/">https://niemanreports.org/articles/...
16. The outbreak has also shown the true value of public service news in a public health crisis.
In thehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🇬🇧" title="Flag of United Kingdom" aria-label="Emoji: Flag of United Kingdom">UK @BBCNews has suspended plans to cut 450 jobs. The job losses, announced in January, were part of a plan to make £80m savings by 2022 https://www.bbc.com/news/entertainment-arts-52035875">https://www.bbc.com/news/ente...
In the
17. Should governments come to the rescue? @VWPickard argues they should in this @HarvardBiz piece
"Lack of taxpayer support forces public broadcasting to rely more on wealthy donors and corporate underwriters, making it less responsive to public needs" https://hbr.org/2020/03/journalisms-market-failure-is-a-crisis-for-democracy">https://hbr.org/2020/03/j...
"Lack of taxpayer support forces public broadcasting to rely more on wealthy donors and corporate underwriters, making it less responsive to public needs" https://hbr.org/2020/03/journalisms-market-failure-is-a-crisis-for-democracy">https://hbr.org/2020/03/j...
18. There are a number of things https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇪🇺" title="Flag of European Union" aria-label="Emoji: Flag of European Union"> European policymakers could do to create a more enabling environment for independent news media.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📱" title="Mobile phone" aria-label="Emoji: Mobile phone">You can find some in this report we published in November https://reutersinstitute.politics.ox.ac.uk/risj-review/what-can-be-done-digital-media-policy-options-europe-and-beyond">https://reutersinstitute.politics.ox.ac.uk/risj-revi...
19. In this letter, published this week by @EURACTIV, media stakeholders, experts and politicians asked European Commission President @vonderleyen to help sustain the news media at this difficult time https://www.euractiv.com/section/digital/opinion/health-trust-and-journalism-a-coronavirus-plan-for-the-media/">https://www.euractiv.com/section/d...
20. The road ahead won& #39;t be easy. As @rasmus_kleis writes, "the pandemic has super-charged the destructive the creative destruction rippling through the news industry. That only makes it so more important we work together to deliver on the creative part" https://reutersinstitute.politics.ox.ac.uk/risj-review/what-will-coronavirus-pandemic-mean-business-news">https://reutersinstitute.politics.ox.ac.uk/risj-revi...
...And 21. A pretty bleak account from @GreensladeR and @jimwaterson on the situation in the UK https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇬🇧" title="Flag of United Kingdom" aria-label="Emoji: Flag of United Kingdom">
"Industry sources suggested sales of print outlets briefly rose in the run-up to the lockdown but have collapsed since people were asked to stay at home.” https://www.theguardian.com/media/2020/mar/27/uk-national-newspaper-sales-plummet-under-covid-19-lockdown?CMP=Share_iOSApp_Other">https://www.theguardian.com/media/202...
"Industry sources suggested sales of print outlets briefly rose in the run-up to the lockdown but have collapsed since people were asked to stay at home.” https://www.theguardian.com/media/2020/mar/27/uk-national-newspaper-sales-plummet-under-covid-19-lockdown?CMP=Share_iOSApp_Other">https://www.theguardian.com/media/202...
