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December 10, 2012
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Knowledge for new solutions from the American Press Institute

  Top Story 
  • Newspaper industry may be nearing a turnaround, stocks suggest
    Although there's still plenty to fret over in the newspaper industry, the outlook in the near term isn't quite as bleak as it was a few years ago, according to this article. Newspaper print ad revenue continues to plummet, but online revenues aided by paid digital subscriptions are growing, in part because of the growing popularity of tablet devices. The stock prices of certain newspaper companies is beginning to reflect this, signaling that the industry may be on the cusp of a turnaround. The Economist (12/8) LinkedInFacebookTwitterEmail this Story
 
  Revenue 
  • Paid digital an answer for some pubs -- but not all
    Paid online subscriptions will be an answer for some media outlets, but not for all, writes Hamilton Nolan. Among the key determining factors will be content that's unique and fits a category people are willing to pay for. Legacy media organizations that bring indistinct content and bloated budgets to digital are bound to struggle, as will digital startups that launch with big budgets from investors but then must become self-sustaining, he argues. Gawker (12/7) LinkedInFacebookTwitterEmail this Story
 
  Innovation 
  • Pocket offers greater access for magazine content on mobile devices
    Pocket, a tool that offers publishers an easy way to offer subscription content to mobile users, has added The New York Review of Books and the Virginia Quarterly Review to its list of partners. Pocket lets subscribers send articles to the service, allowing access on mobile devices for later reading and avoiding some of the problems associated with iPad magazine apps, this article notes. TechCrunch (12/7) LinkedInFacebookTwitterEmail this Story
  • Other News
  Customer Intelligence 
  • Mobile devices increase online news consumption
    Although television remains consumers' top choice for news, digital sources are gaining ground, spurred in particular by mobile devices. A Pew study finds that 70% of mobile users who have downloaded a news application get their news through digital sources, double the rate of mobile users who did not have such an app on their device. Moreover, TV news consumption among consumers aged 18-to-29 is on the decline. eMarketer (12/10) LinkedInFacebookTwitterEmail this Story
  Media Industry News 
  • Plain Dealer Guild members to vote this week on labor accord
    Advance Publications is offering to limit massive layoffs at Cleveland's Plain Dealer beyond previously announced 58 positions next year, with only slight additional staff reductions during six years if Newspaper Guild members agrees to a wide-ranging labor agreement. Under the deal, about an additional 20 positions would be done away with through 2014, with no more layoffs coming after that, while at the same time partially reversing earlier pay cuts for remaining staff. Guild members will vote on the deal this week. NetNewsCheck.com (12/7), Poynter.org/MediaWire blog (12/7) LinkedInFacebookTwitterEmail this Story
  • Other News
  Case Studies 
  • Local news organizations, blogs can team, benefit each other
    A two-way street is necessary for local legacy news organizations to successfully partner with local blogs, a report from J-Lab finds. The news organizations need to be responsible for raising bloggers' profiles, and bloggers should be consistent enough in filing to build audience and voice. It also helps to be in a place with "a robust emerging-news ecosystem," said J-Lab Executive Director Jan Schaffer. PBS/MediaShift (12/6) LinkedInFacebookTwitterEmail this Story
  API News and Events 
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  SmartQuote 
Alas for those that never sing, But die with all their music in them."
--Oliver Wendell Holmes Sr.,
American physician, writer and poet


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    About API
    The American Press Institute's purpose is to educate constituencies about the value of newspapers and to provide training, research and best practices for newspaper industry executives. Founded in 1946, API is located in Arlington, Va., at the headquarters of the Newspaper Association of America. The API and NAA Foundation boards voted to merge the NAA Foundation into API in early 2012. The merger was finalized on February 6, 2012, and the new organization retains the API name.

     
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