Lionel Barber’s email to FT staff outlining digital-first strategy. Dear Colleagues, In my New Year message, I said 2013 would test our resolve to move further and faster to support top quality journalism in a rapidly changing media landscape.
#FTMedia13: Three major publishers discuss 'disruption' Senior bosses from three publishing companies that have been in existence for around 100 years shared the challenges of 'disruption' at the Financial Times Media Conference taking place in London today. The session heard about the challenges facing the 96-year-old Forbes brand; Gannett, which has been going for more than 100 years and owns local news titles in the US and is parent company of Newsquest; and the Financial Times, which celebrated its 125th anniversary in February. Post-Artifact Books and Publishing — by Craig Mod. — Craig Mod, June 2011 "Roger Bacon held that three classes of substance were capable of magic: the herbal, the mineral, and the verbal.
Legacy Editorial Systems and CMSs Are Killing the News Industry’s Digital Transformation. Google Drive Viewer. Guardian and Observer to adopt 'digital-first' strategy. The Guardian and Observer lost £33m in cash terms last year, the chief executive of Guardian Media Group has said, as he committed the newspaper group to a "digital-first" strategy in which digital revenues would double to nearly £100m by 2016.
Andrew Miller, giving a series of presentations to staff at the titles, said that the aim was to achieve "a major transformation" at the newspapers – including lifting digital revenues from an expected £47m in the current financial year to £91m in 2015/16 – because "doing nothing was not an option". Clay Christensen on the news industry: “We didn’t quite understand…how quickly things fall off the cliff” Every business, at some point, faces competition. But competition is not the same as disruptive competition — a new class of competitors created when technology enables new players to compete with incumbents on terms the incumbent isn’t used to.
It’s Japanese car companies going small in the face of Detroit’s gas-guzzlers; it’s steel mini-mills competing with giant, integrated steel companies. Hearst Magazines: A Case of Reworking the Publishing Workflow. Company: Hearst Magazines Hearst Magazines, a unit of Hearst Corp., is a U.S.
-based publisher of monthly magazines. With 20 U.S. titles and more than 300 international editions, Hearst is known for popular titles such as O, The Oprah Magazine, Esquire, and Popular Mechanics. Hearst Magazines Digital Media, which is responsible for creating and implementing Hearst Magazines' digital strategy, has more than 28 websites and 14 mobile sites for brands such as Cosmopolitan, ELLE, ELLE DECOR, Esquire, Good Housekeeping, Marie Claire, Popular Mechanics, and Seventeen, as well as digital-only sites such as Delish.com and RealBeauty.com.www.hearst.com Business ChallengeThese days, having a good digital strategy has become a business staple for successful publishers. Hearst Magazines has not shied away from this challenge, making it a priority to keep up with its technology-driven readership by creating both websites and mobile sites for its brands and their content.
Magazine Publisher.com's Magazine Startup Guide. Many people have a "Great Idea" for a magazine but before you begin a magazine launch there is a lot you need to know and plenty of financial support will be required.
Unfortunately, there is no guide book, startup course, or specialized business consultants to help new magazine developers learn the terminology of the industry or the perils that could lie ahead. One Model for the Future of Magazine Publishing Holds Forth in Portland, Maine. Digital magazines: how popular are they? Magazine circulation figures based on ABC-audited data published last week may show a surge towards digital editions of popular titles such as GQ and Esquire, but how large a chunk of a magazine's circulation is down to the copy you download?
Subcompact Publishing — by Craig Mod. … Zip drives ate floppies.CDs ate Zips.DVDs ate CDs.SD cards ate film.
LCDs ate CRTs. Telephony ate telegraphy. Text messaging ate talking. Tablets are eating our paper … Theory of constraints. The theory of constraints (TOC) is a management paradigm that views any manageable system as being limited in achieving more of its goals by a very small number of constraints.
There is always at least one constraint, and TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it. TOC adopts the common idiom "a chain is no stronger than its weakest link. " This means that processes, organizations, etc., are vulnerable because the weakest person or part can always damage or break them or at least adversely affect the outcome. History[edit] The Gleam of a Better Publishing Model. Craig Mod wrote a great article about what he calls subcompact publishing — a term that draws parallels with the 1967 Honda subcompact car.
His premise is that the publishing industry has translated too many details from the physical medium to their new digital offerings, details that do more to bloat and confuse their product than create a publication that is perfectly suited to its new habitat. Welcome to Forbes. Predictions for Journalism 2014 » Collections.