PETER VANDEVANTERÕS FAQs
(be forewarned there are more than 100 questions here – search by subject if you
want, by hitting the FIND button under EDIT tab above; for example search ÒpaywallÓ
or ÒadvertisingÓ, etc.)
What
has happened to the news?
I have been in the news business my whole career. I have seen technology change everything about the business, except the actual nature of news, until now.
News now is different because it's chosen by the receiver not the giver. ItÕs self-chosen, self-empowering; itÕs personalized.
What is personalized news? News you choose because it's important to you. It's the opposite of breaking news, which is news professionals deem important to you and push at you.
I'd like to make this prediction. Personalized news will do to traditional news what telegraph news did to pony express news in the 1850s -- make it obsolete. Telegraphs were faster than ponies, right? And Personalized News is more relevant than breaking news, right? Today relevance is the value, because speed is a given.
What
will happen to advertising?
And, by the way, I predict personalized advertising will replace mass media advertising.
Of course, personalized advertising is advertising that's chosen by you because it is important to you. It's the opposite of mass media advertising which is chosen by brokers for you. Based on who they think you are. But nobody can know you but yourself.
What is
personalized news and advertising collectively?
Personalized Media.
That's what we will explore now: How to Personalize Media.
Is News
the only media product that has changed?
No, all media has changed. And ironically enough, changed into the same thing. Books, magazine articles, news reports, tv shows, movies, radio programs, music – all are now digitally created, digitally delivered. Used to be magazines were printed on glossy paper and newspapers on newsprint. Today both are reproduced on a PC, the same device. All media content is now platform agnostic. And all are being personalized. Books have been personalized by Amazon; magazines by Time; news by MyYahoo and IGoogle, tv shows by Tivo, movies by Netflix, radio programs by Sirius. And the list will continue to grow and grow.
Media is defined today not by platform, as in the past, but by personalization. All media is individuated media. All media is personalized.
Publishers,
are your stories lost in a jungle?
"The average consumer or business decision-maker is bombarded with 1,500 marketing messages a day. Throughout all our waking hours, we are pounded by a rapid drumbeat from a wide array of competing channels -- direct mail, print, e-mail, television, radio, Web, telephone, text messaging, the list grows every day. Consider that the typical household in the U.S picks up 82.4 television channels, chooses from among 17,300 magazines titles, has access to 4.4 billion pages indexed by Google.Ó (1)
The truth is we are inundated by that invisible professional group of media brokers who make a living deciding what we will learn every day.
And we're all fed up. And we know we are being duped. And we've begun to find ways around. Facebook gives us information about the world filtered through our friends, just as Digg.com and other social networking sites like Twitter.
These are the tools by which traditional, breaking news is replaced by self-chosen, Personalized news. And mass media advertising morphs into personalized advertising.
Oh for a while, a long while perhaps, there still will be five or six or seven or eight stories a day that people will believe define that day in history. Yahoo and MSN and the Drudge report and many other popular web sites are continuing that ruse into the digital age, a carryover from the information age.
But eventually everyone will know and realize and be comfortable with the fact that there are a trillion stories a day that for a trillion different people are THE news of the day.
For instance, I always enjoy tracking the so-called one reason for the swings of the DOW each day, as one of the best examples of the outright lies of mainstream media. Lies that have compromised our credibility.
This week the DOW went up because of the jobs report . . . This week the DOW went down because of the jobs report. Either way, the jobs report probably had little to do with the DOW.
WhatÕs
a Publisher to do?
With such media fragmentation a publisher must adapt and see the evolution in the revolution.
Is it truly advantageous to publish one-to-one? Yes. Let's look at direct mail first, where the last decade has shown that a personalized message can double response rates from 1 percent to 2 percent. But you need to ask yourself: Is that the best I can do? Or can I do even better than direct mail? (2)
In most American markets the money spent on direct mail passed the money spent in newspapers in 2001 and since then the gap has widened. In 2001 the newspaper was a $42 billion business and so was the direct mail business. By 2004 the direct mail business had grown to be a $60 billion business and the newspaper business was a $46 billion. You get the picture.
So if newspapers could learn to personalize they might begin to reduce that gap, perhaps in a major way.
What
should a publisher know about VDP?
VDP stands for Òvariable data printingÓ and every print publisher should know that it is the key to Personalized Media.
You can't have an personalized print publication without it.
But be aware that VDP describes a $200 home printer as well as a $5 million digital press such as the ones Oce and Hewlett Packerd and IBM have developed.
In fact surprisingly both the home printer and the big digital presses work off the same technology, inkjet printing.
VDP simply means every printed page can be different. The paper rolls through the "press" and instead of receiving the same pattern of images over and over again, the pattern is different every time.
So far the concept has only been used sparingly.
The Washington Times varied the pages of its national weekly for about 50 subscribers using OCE presses in Boca Raton in 2008.
And a German startup called Syntops partnered with the Swiss Post in 2008 to deliver newspapers that had a combination of pages chosen individually by 500 recipients.
So crude first steps have been taken.
Can you
dig digg?
One way to receive Personalized Media is to be the recipient of a group of your peers' choices.
In other words, if you can completely identify with a group of people, then their choices of media would automatically become your choices of media.
That's the theory behind digg.com. Thousands of digg fans vote every day on the best stories posted each day by you know who -- those very thousands of fans.
That's a fundamentally different scenario than someone describing his or her interests, that leads to search-predicated content.
But http://www.digg.com is worth thinking hard about as you piece together the Personalized Media for your audience, publishers.
Can Personalized
News count with ABC?
You betcha.
Scott Hanson, SVP electronic & centralized audit services, has
endorsed Personalized News home printed reports as unique editions of
newspapers, which means that the reports count the same as paid, delivered and
verified numbers of the daily newspaper.
Here is a transcript of the letter dated Oct. 30, 2009: "Right
now, you do not need to do anything differently, we would qualify the Personalized
News as a Unique Edition of the Denver Post."
So newspapers can grow their top-line circulation with Personalized
News products. That's great news.
So what
was the pony express news?
Slow. To say the least.
Not as slow as the boats from England to America at the turn of the
19th century, the other source of news previously.
Anyway, the telegraph was invented and although at first no one knew
what to send through the lines, the Civil War changed all that. Send news of
battles. So suddenly people in Massachusetts could find out almost immediately
what happened in a skirmish in say far-off Virginia. Especially the names of
those dead and wounded.
Overnight, news began to be published using the telegraphed, Morse
coded stories.
In the West, the pony express was still the primary source of news and
information, but only until the late 1800s when the lines arrived.
No one relied on horses after there were telegraph poles.
Why is
traditional news and advertising broken?
There are many explanations. But the simplest is that there is simply
now a better mousetrap: social media. All of us have always weighed the
opinions of our friends and neighbors over any media critic or advertising
spieler. Now our friends and neighbors have a way of speaking to us -- of
characterizing for us -- everything from the war on the other side of the world
to, yes, the grill we are thinking about purchasing. Here is a wonderful blog
that clearly points out the value of social media in the traditional field of
retail research/advice, which, in a simple twist of fate, becomes Personalized
Media:
Posted by: Jeff Kline on Tuesday, November 24, 2009 at
1:51:41 pm
Ranking
and Commenting are changing the way in which we buy products
I wanted a new
grill. It was that simple.
My old one was on
its last legs, and I was on the hunt for a replacement.
At Home Depot I
saw an amazing NexGrill model. It had all the features I craved and bells and
whistles I didnÕt know I had craved. But IÕm a cautious buyer, so I put it to
the Consumer Reports test.
Consumer Reports
loved the NexGrill. But something didnÕt seem right.
I had a nagging
feeling the data was too selective, too narrow, and biased. And while a
third-party endorsement from an institution like Consumer Reports a decade ago
might have convinced me to go with NexGrillÉ now we have more tools at our
disposal.
So I went online
and dug into the relevant sites. The Web is teeming with
blogs and forums devoted to all aspects of grilling, just as it teems with
sites devoted to all products and pursuits. So finding information straight
from the source – grill buyers, rather than manufacturers or media – was
easy. It required only a few clicks and an open mind.
Turned out my
doubts were justified. The vast majority of comments and reviews about the
NexGrill were negative. My fellow consumers – with no profit at stake, no
reputation to burnish, and no slant (except a love of grilling, of course)
– gave me straight talk. And it was: ÒStay away.Ó
So I turned my
attention instead to the Weber IÕd spotted. Guess what? The response was
overwhelmingly positive. Hundreds of reviews and comments heaped praise on it.
Even better, there was nuance and detail and real-life experience I could never
get from a magazine or store. Weber had put out a good product, its customers
were thrilled, and they were more than happy to advocate its purchase. Online,
my fellow consumers spoke with expertise and enthusiasm professional marketers
would spend months chasing.
And thatÕs the
power of ranking, voting, and commenting.
TheyÕre a set of
tools representing Òword of mouth,Ó amplified.
People have always
gone to friends and family for product feedback. Blog environments are the
logical extension and even more valuable to consumers. People might not trust
manufacturers. But a fellow traveler (so to speak) has no vested interest in
misguiding you. In fact, a stranger who feels compelled to share his thoughts
is almost certainly going to be more honest than anyone else.
People inherently
trust the wisdom of crowds.
Think about how The New York Times
website offers its Òmost e-mailedÓ and Òmost-commentedÓ lists. ItÕs because
readers want to know what other readers are thinking. Web giant Digg and
similar sites use crowd sourcing to propel interest in stories. The Web is all
about momentum, and momentum cannot be created in a laboratory or from the top
down. It is organic and springs from groundswell.
As vehicles like
YouTube, Twitter, and Facebook get a lot of the press for activating momentum,
organizations like yours looking to gain a foothold online are also wise to
take advantage of simpler Web 2.0 tools that capitalize on the same core
philosophy. Tools like voting, commenting, and ranking
have made blogs far more effective in spreading message than largely static web
pages.
The urge to vote,
to comment, and to rank is something forward thinking organizations seize.
Opinion and bias, after all, fuel the Internet engine. The sites that harness
them are several steps ahead. Go to www.tripadvisor.com to find out the real scoop on hotels and travel
adventures worldwide. Thousands of travelers routinely report on their
real-life experiences as they travel.
You want to give
visitors a reason to come often, stay longer, feel more connected to each
other, and feel more engaged with the site itself. Incentivizing traffic spurs
growth and sustains momentum.
As IÕve said
before in this space: feedback is critical. Blogging into a vacuum is barely
worth the effort. Allowing comments is an easy way to interface with your
consumers. People want to give feedback, and they want to read othersÕ
feedback. They value each other more than theyÕll ever value a business itself.
Great sites donÕt just speak AT visitors, they also speak FOR them.
Your comments
section can become one of the most vital parts of your site – in both
senses of the word. Instantaneous feedback is a vehicle for change. And the
sense of community that grows up around the commenter acts as the lifeblood of
the site. Even as commenters help make your site more efficient, they also work
to grow it from the ground up.
Foster the
participation that helps developing sites take flight.
Do search engines play with Personalized Media?
Search
engines are key.
But Personalized
Media plays no favorite. And will use them all.
The
important aspect is that the receiver gets what he or she wants. Whether that
is from Google or Bing or ICurrent, from Digg or from a favorite blog.
Will Personalized Media be hard to find?
Au
contraire.
Easy.
Easy. Easy. Easy.
For
instance all the popular magazine articles are expected to be found on one
online newsstand. Consolidation and aggregation have always been the name of
the game online. Technology news: Tabbloid.com. Media news: Newsandtech.com.
World news: Cnn.com or Yahoo.com or Msnbc.com or drudgereport.com or
huffingtonpost.com.
And
that will be true of all content someday -- or it won't be content. All content
will be available digitally online. There already is too much to pick from. Not
too little. The tools to parse and search all that content from an individual's
point of view are becoming more and more sophisticated. Whether they are
keeping up with the proliferation of content, is impossible to say.
Can you get Personalized Media exactly right?
No.
In fact the ultimate Personalized Media algorithm has yet to be written.
We all know that content keeps growing exponentially. As of 2009, Google
indexes tens of millions of websites of content. However search is still stuck
in 2000, vintage Google, which delivers a hierarchy of headlines and first
sentences based on who knows what. It's the search that must be refined. And
will.
How could printing anything be desirable today?
Many people wonder in this day and age why printing even matters. ÒIsn't
everything going to be digital,Ó they ask?
Here is an apocryphal story. A 10-year-old girl who would never read
anything on paper, according to her father, spent hours one December morning
researching where the best place would be to cut down a live Christmas
tree When she had finally picked
out the best spot, she printed the website home page, and then she printed
directions to the site.
The point is this: People print what is important.
Perhaps it's in our DNA. LetÕs compare todayÕs media environment to the
history of canvas painting. More than 150 years after the invention of
photography, putting paint on canvas is still believed to be the most effective
way to illustrate reality. What happened? As photography evolved the most
talented painters began to paint ÒrealityÓ differently, and ÒrealityÓ became
more intense, and more valuable. Today paintings by great artists regularly
fetch prices way beyond their relative value before the invention of
photography.
That's what will happen to printed material. More than 150 years from
now printed material will be more valuable than ever.
Is content really king?
That's been a concept that has been in and out of vogue ever since the
internet showed up to the party. For awhile, distribution was king, then
software was king, then networks, then hardware, etc.
Although the whole revolution has not played out, my guess is that the
content will prove out to be king, especially as delivery channels proliferate
and thus no one or no one company can monopolize material.
What is
the mantra of Personalized Media?
Choice. Choice. Choice. Choice.
The four CÕs.
Publishers let your readers choose their:
1. Content.
2. Advertising.
3. Platform.
4. Time (of delivery)
And youÕll never go wrong.
Easy as one, two, three. Four.
Who are
todayÕs publishers?
Anyone and everyone who writes, edits or pushes information onto the
world wide web, manages content onto paper, blogs, writes application code, or
sends dispatches to smartphones, e-tablets or any other digital format. All are
todayÕs publishers.
WhatÕs
a good abbreviation for Personalized Media?
PM. After all, Personalized Media is terribly difficult to say, and remember. Well , PM is easy.
Is Personalized
Media -er, PM - necessary?
YES. Because the 19th Century was all about them. The 20th
Century was all about us. And the
21st Century is all about me.
So what
is the secret of news?
All news comes with an embedded secret that only the receiver
recognizes. News that the reader chooses is news that the receiver knows pushes
his or her buttons. Why am I obsessed with Bob Dylan? Or why am I obsessed with
abstract painters?
Or why are so many people
obsessed with earthquakes? Or plane crashes? Or news about the economy? Or mortgage rates? Or former
President Nixon? Or the current president? Or former President Clinton?
We know what we are interested in, although we may not know why.
ThatÕs the secret of news.
Now we can take a stab at explaining our obsessions. As Jung might
say, obsessions may derive from the great unconscious we all share. Some items
are symbols that strike at our common experiences, or historical precedent ,
iif you will. Cultural hand-me-downs.
Take shoes. Some of us are obsessed with shoes, and by extension, news
and advertisements about shoes. Well the book of symbols gives us some clues.
Because shoes have meant similar
things to many generations of people.
The Dictiionary of Symbols, Penguin Press (1969) says (p. 877): ÒShoes
are a sign that the individual is his or her own master, self-sufficient and
responsible for his or her actions.Ó
What,
then, is the secret of media?
We know what we are interested in, although we may not know why: both stories and advertisements. ThatÕs
the secret of media: PM.
Is facebook the personal newspaper, after all?
Reminds me of the old show ÒTo Tell the TruthÓ, where three people
purport to be the same accomplished citizen and the guest panel asks questions
and then must pick out the real person from among the imposters. (True story,
Sergey Brin went on To Tell the Truth and no one guessed he was the actual
co-founder of Google.)
Yes and no. Yes because the news you care about most will often show up
there. But no because itÕs totally dependent on your friends, and only your
friends, to give you the answers.
But still, Facebook is closer to being a Òpersonal newspaperÓ, than the
local newspaperÕs newspaper and website combined. Scary.
Can the PM business model thrive exclusively on
advertising?
No, eventually the stories would become suspect. The Personalized Media
business model requires subscription fees. In a February 2009 Time cover story (ÒHow to Save Your
NewspaperÓ), former TIME editor Walter Isaacson quoted Henry Luce, the founder
of TIME magazine. Luce had observed that to rely solely on advertising was
Òeconomically self-defeatingÓ. Isaacson wrote that Luce believed Ògood
journalism required that a publicationÕs primary duty be to its readers, not
its advertisers.Ó In the Personalized Media model, the readers are completely
in charge of picking the advertisements. Luce would be proud.
Is it okay if newspapers and magazines die, but
journalism is saved?
ThatÕs like saying its okay if car factories are shut down but cars are
saved. (WouldnÕt that by definition mean that we would all quickly be driving
old models?) Anyone who claims you can save journalism but not need newspapers
and magazines (in reality, groups of journalists combined together in a
profitable venture) doesnÕt understand the resources necessary to do quality
journalism. Put simply, it takes a village (of employees). Yes there can be and
are many expert lone gun bloggers, whose cost of goods sold -- or COGS in
financial terms -- are very low. But not non-existant, because that blogger
still must make a good living, travel to meet sources, pay for equipment to interview
and publish material, spend money on research and administrative support. And
no freelancer can survive economically covering all aspects of a communityÕs
interests from home values, to city council law changes, to political campaign
claims, to overall market forces. Or any other public institutionÕs business,
for that matter. And if you look closely, unfortunately, most bloggersÕ
economics derive from the very companies the blogger covers. In LuceÕs words,
that is Òeconomically self-defeatingÓ? Do you currently pay for the blogs you
read? Will you in the future?
How many platforms of delivery will the media have?
An unlimited
number. Trust me, more than we can count. I know some people say there will
only be the PC, the smartphone, the e-reader, and print (newspapers and
magazines) and a few others to come.
But IÕm fond of
saying: ÒWhat are publishers going to do when the news is distributed on shower
curtains?Ó Will we start trying to manufacture shower curtains? (Not if weÕve
established a robust Personalized Media business to serve shower curtains.)
Because that will
happen. Read about Sixth Sense technology, as it is called. Or visit the MIT
Media Lab in Cambridge, MA, and you will immediately realize that media
platforms can extend to everything from walls to windows to mirrors to
tablecloths to refrigerator doors to floors to ceilings to roofs to cars to
garage doors. To any place anyone wants.
Take a look at this
video on Youtube.com: http://www.ted.com/talks/pranav_mistry_the_thrilling_potential_of_sixthsense_technology.html
This video hints at
why publishers need to forget trying to outrun the next platform and
concentrate on changing their definition of news and advertising and figure how
to deliver that new generation of desirable stories (news) and valuable
materialistic offerings (advertising) on ANY platform someone wishes.
Do newspapers and magazines face the same fate?
Yes. They are both
doomed, if they continue writing and reporting what they currently do.
I know many people
point out that magazines have never depended on daily timeliness like
newspapers, and so are not as vulnerable to the second-by-second timeliness of
the web. On top of that, the slick paper and beautiful colors of magazines make
them more attractive than newspapers and more differentiated from the web and
other platforms. But even those distinctions donÕt matter, in the end.
The web will
eviscerate all forms of communication and render all platforms another
extension of the web itself, which is at, its essence, an personalized medium.
However, the good
news is that the only adjustment media needs to make is to evolve away from
breaking news to personalized news, to survive on all platforms.
What about printed newsletters?
Doomed, See
previous.
How are the mix-and-match page trials going?
Both of the major
mix-and-match newspaper trials are taking place in Europe. In the Augsberg,
Germany, area, Syntops or http://www.personalnews.com offers you the choices of pages from 40
newspapers each day and sends you an electronic PDF package or you could opt to
receive the printed version a day later. In the Vienna, Austria, area, http://www.Niuu.com accomplishes the same exercise with perhaps
a little more sizzle. These products may well be the result of the cultural
biases of highly literate, multi-lingual societies and may not appeal to many
people in other countries.
Of course, GoogleÕs
FastFlip – http://fastflip.googlelabs.com/
-- is a close cousin to this approach. With FastFlip a reader sees a
series of actual pages of media websites – such as the New York Times,
The Washington Post, the Chicago Tribune, Huffington Post, Boston.com, Reuters,
Bloomberg.com, etc.– arranged by categories. So, for your viewing
pleasure, appears a lineup of how major media outlets reported a given subject
or topic that is of great interest to you.
The point in all
these experiments is that live web search for content from the major branded
media companies is time consuming and sometimes frustrating, but if a reader
can designate an area of interest then a ÒpackagedÓ product drawing from
multiple sources, can be delivered either in print or online that may be
satisfying.
I believe these are
powerful experiments. And there are many others, large and small.
What is breaking news?
Breaking news is a
term used in newspaper jargon to represent news that is changing as it is being
reported. The assassination of John F. Kennedy was breaking news for more than
a few days as the country watched the body flown back to Washington for burial;
the swearing in of Lyndon Baines Johnson; the killing of Oswald, etc.
However, with the
advent of the always-on internet, all stories that make it to be stories are by
definition breaking stories because they have to have a time element of
newness.
The exact opposite
kind of story is the personalized story, which of course could be about
anything, just as long as the receiver asked for it or really wants it.
IÕll give you a
good example in my own life.
I have enjoyed my
Kindle since I bought one when they were first manufactured in 2008. I
immediately subscribed to the New York Times on my Kindle. But I donÕt read the
Times daily. I use my Kindle to archive each issue of the New York Times and
then – three months later -- I like to read the stories to see what
people said was going to happen relative to what actually happened (now that I
know what that is in the present). What were the financial stories three months
ago: predicting higher or lower interest rates, improved or deteriorated GDP,
increased or lowered unemployment. What actually happened? What did the sports
teams say about their expected seasons in the beginning, now that I know what
happened, and the season is winding down. There are always wonderful surprises
in reading what the world expected three months ago compared to what actually
happened.
Now when the
stories were written and published they were breaking stories. But when I read
them they were personalized stories.
See the difference.
So we have to wean
our reporters and editors away from thinking about breaking stories –
which is all they think about now: whatÕs new, different, unexpected, changed,
evolved – to thinking about stories that people want to read: anything,
not necessarily timely or even uptodate.
Our reporters and
editors, just as valuable as ever, will be experts at how to find ANY story,
also the most requested stories on the web, also the stories that mean
something to very specific interests, and how to find them easily and
communicate them seamlessly. They will become investigative reporters on behalf
of individuals instead of groups of people.
Why is there no more breaking news?
First of all, most
breaking news is a lie. So much reporting is conditional: So and so said today
that IF this happened then that would happen.
First of all
so-and-so is not a seer.
Second of all the
ÒIF this happenedÓ is never going to happen.
And thirdly, even
if Òthis happenedÓ the reader doesnÕt necessarily agree that Òthat would
happen.Ó
That in a nutshell
is the experience of so many people reading newspapers the last 20 or 30 years,
that all credibility is gone.
Yes, credibility.
ThatÕs what newspapers and magazines believe they still have in spades.
No, ironically
enough, what they still have is trust, not credibility. There is a difference.
Trust is the recognition by other people that you are well-meaning. Stupid,
perhaps, but well-meaning.
And journals are,
if nothing else, well-meaning, and everyone knows it.
Will the CPU someday deliver PM?
Yes, probably,
someday. Then, again, the quest for artificial intelligence of that caliber may
turn out to be like the quest in the Middle Ages for the formula to make gold
from other elements. Doomed.?
Even optimistic
experts put the date when artificial intelligence may effectively predict what
you or I want to read.
Quoting Googled: The End of the World as We Know It by
Ken Auletta (p. 326, The Penguin Press, 2009):
ÒOne
could argue that the ultimate vertical search would be provided by Artificial
Intelligence (AI), computers that could infer what users actually sought. This
has always been an obsessions of GoogleÕs founders, and they have recruited
engineers who specialize in AI. The term is sometimes used synonymously with
another, Òthe semantic Web,Ó which has long been championed by Tim Berners-Lee.
This vision appears to be a long way from becoming real. Craig Silvertsin,
Google employee number 1, said a thinking machine is probably Òhundreds of
years away.Ó Marc Andresssen suggests that it is a pipe dream. ÒWe are no
closer to a computer that thinks like a person than we were fifty years ago,Ó
he said.
If Larry and Sergey canÕt make it happen now, who can?
ThatÕs not to say that there arenÕt some valiant seekers out there:
Ramana Rao of ICurrent.com being one of the purists. And Keith Bates of
Kibboko.com one of the ablest practitioners.
Can you read both sides of Òthe writing on the wallÓ?
Personalized Media
often leads to two sides of the same coin.
For instance, in
2009, Der Spiegel commemorated the fall of the Berlin Wall with an article
entitled "The Error That Led to Unity."
The story explained
that bureaucratic confusion over new travel regulations led crowds of East
Berliners to gather Nov. 9, 1989, to entice the border guards to open the
gates, sparking the night of celebration and reunion.
In America, we
believe that is trivializing an historic change.
Which news do you
believe? Which news do you choose? Can Personalized Media give you both?
Prince or pauper, princess or pauper, no
one lives in a walled garden of media any more. We are free to create our own
landscape. In fact, construct we must. Even 20 years later.
Another example:
The Los Angeles
Dodgers have been one key pitcher away from the world series the last two
years.
And now the team's
owners Frank and Jamie McCourt are engaged in a costly and public divorce.
So where does the
fate of the Dodger team lie? In the field of baseball trades or in the court of
divorce.
What News do you
choose? http://www.latimes.com or http://www.dodgerdivorce.com ?
Essentially if the
post-nup is not valid then California law divides the team between the two of
them, which would probably force a sale without the needed pitcher, no matter
where the trade talks are headed.
If the post-nup
holds -- without too much legal expense -- then probably Frank would own the
team and be able to spend the millions for the trade for a needed pitcher, if
the trade talks had proceeded well.
Which news do you
choose to follow?
Another example:
On Nov. 8, 2009,
The New York Times reported that the mass killer Hasan was a nut case and, on
the same day, the London Times reported that Hasan was associated with 9/11. So
who do you believe? Which news do you choose? Prince or pauper, princess or
pauper, none of us live in a walled garden of media any more. You are free to
pick your landscape. But pick you must, if you want various flowers in your
garden.
Is PM a force for self-isolation or
self-expression? This is important.
Nicholas Carr
writing in the New York Times magazine ("The Price of Free") writes: "That's one funny thing
about the Internet it's an extraordinarily rich communications systems, but as
an information and entertainment medium it encourages private consumption. The
pictures and sounds served up through our PCs, iPods and smart phones absorb us
deeply but in isolation. Even when we're together today, we're often apart,
peering into our own screens."
This is a problem,
especially with Personalized Media, if people construe PM to be a form of
consumption rather than expression. In other words if your choice of news is
all about your private experiencing, we're doomed. If it's about expressing
yourself to other people, we have succeeded. It's all a question as to what end
you have in mind for Personalized Media.
How do E-readers fit into PM?
Seamlessly.
Sometimes itÕs hard to keep track of the newest available E-readers and their relative size and shape. Here is a good presentation of these new presentation devices with the idea of a Christmas present in mind at the Missouri School of Journalism. http://devemail.missouri.edu/pl_templates/html.scene1.asp?action=&dsid=17172178&pid=7970&key=431531463307370&slide_id=7942&scene_1=scene1
Some people even believe they are the saviors. Peter Kaplan
formerly editor of The New York Observer and a journalistic descendant of Clay
Felker the guru of new journalism at New York Magazine (patron of writers like
Tom Wolfe and Norman Mailer) has predicted that the upcoming e-tablets will
bring a new era for newspapers. Watch on The Charlie Rose Show: http://www.charlierose.com .
Is PM a cultural issue?
Yes. As Mr.
Springer is quoted as saying at the end of this story: Germans are print
centric; Americans may be online centric. No matter what Axel Springer, the
head of the largest daily in Germany, explains that aggregators need to pay a
licensing fee -- which is a copyright law issue, essentially -- just as a radio
stations pay a licensing fee to aggregate music, etc. Everyone should read
<a
href="http://www.nytimes.com/2009/12/07/business/media/07iht-springer07.html?_r=1&emc=etal">this.</a>
Another gem in the story is the observation that "a highly industrialized
society" cannot function on rumor, instead of solid reporting
How do various PM platforms mix with one commercial
brand?
I think we will see
some very special roles that each platform takes on, all melding into one
successful brand, as the parts add up to more than the whole.
The London Daily
Telegraph online editor has a fascinating column that says: "And the
longer times goes on, the more convinced I am that the internet needs
newspapers."
The column ends
with: "So, in a curious way, things have come full circle. Fifteen years
ago, the Telegraph newspapers needed an internet site to help transform the
brand image of the paper, to make it seem more modern and relevant. Now, I
think, when our internet presence has made us a global brand, we need the
newspaper even more to remind those readers why they value what they are
reading."
Check out the full
column: http://www.telegraph.co.uk/technology/6546773/Why-newspapers-are-vital-to-the-future-of-the-internet.html.
Can PM everÒwow.Ó
Check this out:
Sometimes you see things that are phenomenal.
Check this out: http://www.ted.com/talks/pranav_mistry_the_thrilling_potential_of_sixthsense_technology.html
Takes me back to
the "wow" I originally felt reading Being Digital by Nicolas Negroponte while on my way to Boston in
1996, where I experienced the Media Lab.
Beyond all the deja
vue-all over again amazement, this short video tells you beyond a shadow of a
doubt that in our lifetimes there will be more platforms for news than you can
shake a stick at. Remember my shower curtain analogy?
How many platforms are there, again?
So we are now
post-Kindle. Here come the digitized magazines WITH advertisemnts. Can
newspapers be far behind? Hoorah. Last month Conde Nast demonstrated its
concept of a digitized magazine tablet. Now itÕs Time Inc.Õs turn: The
publisher is demoing an iteration of Sports Illustrated compatible with the
"upcoming" Apple tablet and/or other tablets. Both publishers will
offer add-ons like multimedia and links into the web. But it's the replica
aspect here that may make the digitized business model work. Circ-based
advertising sales will still work, we hope. And let's hope the magazines are
beautiful on tablet. Read all about it on http://www.tabbloid.com/share/37408/8a2c1f2edf6411debe16001cc4dec67c .
Will subscriptions to PM really work?
First letÕs look at the problems with subscriptions.
We all are shocked by the closing of both the print and online E&P.
Here is a well-thought out discussion of the whole problem with any kind of
subscription: http://www.niemanlab.org/2009/12/ep-and-the-emotional-commitment-of-a-subscription .
I heard the news about
Editor & Publisher closing as I hear many things these days — through
Twitter. Patrick Thornton (jiconoclast)
tweeted:
ÒDoes anything better symbolize the state of print media right now than the
closure of E&P? Yes things are very bad.Ó At first, I hoped his tweet
didnÕt mean what I knew it meant. But a quick search of Twitter yielded proof.
Yes, E&P
had told its staff Thursday that it was shutting down operations.
This shook me even more
than when Gourmet
announced its closure a while back. (I found
out about that on Twitter, too.)
I read E&P almost
religiously in my early years as a journalist, devouring it the moment it
arrived in my mailbox. The magazine had a bright purple cover back then. As
time went on, I didnÕt renew my subscription. IÕm not sure why.
I enjoyed E&PÕs
articles. I appreciated the reporting. In fact, in the last few years, its web
site became one of regular online haunts to find out whatÕs going on in the
news business.
Sometimes, IÕd head to
the E&P web page myself, but more often IÕd be drawn there by a well-worded
tweet or a blog post from someone whose opinion I valued.
Now, I have no
information about why E&P shut down, but IÕd assume lack of ad revenues or
subscriptions had something to do with it. So perhaps I was part of the
problem. Or at least me and the many others like me who appreciated E&PÕs
content but didnÕt buy it. Or maybe how I read E&P was just a sign of the
times, part of this changing way we consume the news, in small bits throughout
the day triggered by smart people we follow online.
That got me thinking.
Why didnÕt I pay for E&P while it was still here? Why didnÕt I subscribe?
Would I have subscribed online if they offered it?
The truth is, for me,
not subscribing — either in print or online — has little to do with
money. ItÕs about commitment. And I think thatÕs the problem many news
organizations are facing as they try to bring their products online.
In the old days, I paid
for E&P because if I didnÕt, IÕd have no idea what was going on in the
industry. I wasnÕt paying for news; I was paying for the chance to be in the
know in my field.
Things changed with the
web. Now, if I choose one magazine to subscribe to out of myriad sources, it
feels like IÕm limiting my options in a way. I donÕt want to commit to one
publication, one source, one newspaper, one magazine. Why? Because the
publication has become less important than the news itself. I want to be free
to surf, reading dozens of different newspapers, blogs or magazines that I may
visit just once or twice. I enjoy the synchronicity of happening upon a
publication I have never heard of and will probably never visit again.
Yes, I realize that
even if I subscribe to one publication, I can still read others. But the act of
subscribing is picking one over the others. If youÕre a runner, you have a
choice of two major magazines: RunnerÕs
World or Running Times.
By picking one, youÕre choosing not to pick the other. You might glance at the
other once in a while, but you probably donÕt read them both cover to cover.
I think many of us feel
that if we pay for a publication, we expect it to become one of our primary
news sources — not just one of dozens of places where we get news. I may
feel a bit cheated if I end up getting more of my news elsewhere. I may feel
cheated if I subscribe but forget to check the site every day, going instead
only when a Facebook friend sends me a link.
In a sense, itÕs the
dilemma with the makings of a country song: If I subscribe, I feel like I have
to dance with the one who brung me — when I really want to play the
field.
So maybe at some level
I didnÕt subscribe to E&P in print because I knew if I headed online, IÕd
get lots of E&P-like news. Sure, some of it would start with E&PÕs
reporting, with commentary added by bloggers. Some of it would be from other
sources. I was interested in getting as much news and information as I could
about the journalism industry. I wasnÕt interested in one particular brand.
So what is the answer
to that? To me it always comes back to the question: What are you really paying
for? IÕd gladly pay for online information, a small monthly fee like I pay for
my television viewing, a subscription to the whole web. What I donÕt want to do
is pay for one brand, one publication. I want to be free to follow the news.
A good example of what
I mean is Jim
RomeneskoÕs blog at Poynter Online.
I read it almost every day. ItÕs in my RSS reader — but I donÕt usually
get to it from there. I donÕt need to. I remember to check it. I remember to
check it because I wonÕt just find E&P stories there — as great as
they were — but IÕll find a whole lot more. ItÕs like the good olÕ days,
when E&P was selling me the chance to be in the know in my field. And that,
honestly, I would pay for.
Gina Chen
| Dec. 11, 2009 | 10:36 a.m.
Secondly
letÕs consider the advantage of subscriptions: People attribute more value to
anything they pay for.
WhoÕs doing PM on the web?
Personalisation of
news websites is a tricky business. After IGoogle and MyYahoo, one of the
earliest was DailyMe.com. One of the most practical is kibboko.com where the
old thumbs up and thumbs down navigates you quickly through legions of stories.
One of the most dramatic in its results is ICurrent.com.
Will the virtual newsstand be able to PM?
Most of the major magazine companies are collaborating to create an online
newsstand, according to a published report. Now if we all just had time to
peruse that newsstand. That's what was so great about the brands that had been
created already --we knew what brands we wanted before we knew exactly what we
wanted from them.
It's great that they will all be on a digital platform so that a personalized
search function can find stories of sympatico across the brands. Will they
charge by the story? Not sure. Here's what the New York Observer story said:
"The formation of a new company to run the online newsstand --
sometimes characterized as an 'iTunes for magazines' -- may be announced in
early December. Time, Conde Nast, Hearst, and Meredith all intend to be equity
partners in the new company, although the deals have not yet been signed.
"In the face of slumping print circulation for many magazines, the
publishing houses are eager to exert some control over digital readership, said
people at the companies, who requested anonymity because they were not
authorized to talk about the plans.
"In other media sectors, rivals have already formed joint ventures
for the Web. Several television networks are stakeholders in Hulu, an online
television and film Web site. Some music labels are partners in Vevo, a music
video site powered by YouTube that will make its debut next month.
"The new magazine company would, in theory, make it easy to buy
print and electronic copies of magazines like The New Yorker, Sports
Illustrated, Esquire, and Better Homes and Gardens from a single Web site.
While mostly leaving the hardware to others, the alliance of competing
publishers would develop software standards for magazine viewing on iPhones,
BlackBerrys, e-book readers and other platforms, people familiar with the plans
said.
"The New York Observer reported Tuesday that the Time Inc.
executive John Squires would become the new outfit's interim chief executive
while the partners look for a permanent head. In June, the Time Inc.
chairmwoman Ann Moore gave Mr. Squires the responsibility of creating a digital
road map for the company.
" 'It's increasingly clear that finding the right digital business
model is crucial for the future of our business,' Ms. Moore said in a memorandum at the time. She added, 'We
need to develop a strategy for the portable digital world and to refine our
views on paid content.' "
Now if we could create our own magazine from the virtual newsstand. And
IÕm sure someday we will.
What about Google and PM?
Google stays away
from content such Personalized Media products that donÕt embrace the whole web
all the time. Google is happy to have the collective web prioritize stories.
Google, legally is a lead generator. Period. Paragraph.
Rupert Murdoch, who
owns the Wall Street Journal, the London Times and is chairman of the
multimedia News Corp., has fired a salvo across the bow of Google by
insinuating he may make an exclusive deal with Microsoft's Bing for his
content.
I've often thought
that breaking news creators -- newspapers, radio, television and sundry
websites -- should create a "live story" site and search tool,
because of the innate differences between research and timely content.
Rupert Murdoch, the
head of the News Corporation (which owns the Wall Street Journal and the Times
of London) has testified at a public hearing about his well-rehearsed opinion
of Google.
"To be
impolite," he says. "It's theft," quotes The Washington Post.
Deep in this story
you will see where Murdoch says he plans to put all his content behind a pay
wall.
Now even Google is
getting more serious about people paying for valuable information on the web.
The New York Times
reports that Google announced in a blog post on Tuesday, the company will allow
publishers to limit nonsubscribers to five free articles a day.
And the loophole by
which people avoided subscriptions has been closed.
Is this a
foreshadowing of things to come? Is this a concession?
No, donÕt believe
it.
Are Individuated Media and Personalized Media
synonymous?
Yes. They mean the same thing. Individuated and
Personalized mean the same thing and are interchangeable.
Does the concept of PM apply to other disciplines
and businesses?
Yes, perhaps all disciplines and all businesses eventually. LetÕs look
at two very different businesses: travel and medicine.
First
letÕs look at travel.
HereÕs Tim Hughes of the Boot (the business
of online travel) blogging Sept. 8, 2009:
There is a concept from psychology, economics and
demographics called Individuation. I will dodge the
Carl Jung and Neitzche inspired definitions and give you the short one –
Individuation is the process in which individuals become differentiated from
each other. I am seeing the theories of individuation coming into the mobile
and social media space in travel and I predict that we will all have to come to
term with this notion as we develop means for capturing consumer attention.
In a recent article in Theoretical Issues in Ergonomics
Science (Sept 2009, Vol. 10 Issue 5) called "Individuation: the N = 1
revolution" by P Hancock, G Hancock and J Warm say that...
"a continuing
increase in computational power and associated memory storage capacities will
lead to circumstances in which each and every single person can be coded as,
and treated as, a separate individual and therefore not necessarily as a
representative part of any group, sample or population"
This is the concept of Individuation that the travel
industry can now embrace to target consumers on an individual level rather than
through representative group samples.
In the past we have undertaken consumer planning through analysis of the
average behavior of a group of consumers. Individuation in this context says
that once we have the right matching of technology and social trends we can
move from tracking the average, generic profiles or demographic groups to at
scale analysis of what Hanckock et al call Òspecific instances of momentary behavior of one single individualÓ.
This already exists in psychology, neuro science and molecular genetics where
the combination of data, technology and social preparedness allows those
sciences to be able to track and understand for the first time Òhow specific individuals perform their own
personal and very complex acts of cognitionÓ (Hancock et al again)
rather than rely on averages.
In travel we can use these same techniques to classify and recommend at a level
of EveryYou rather than Everyone. The reasons I am attracted to this concept
have arisen through the technology capabilities that we now have and the
community/social environment we are now in. Let me explain how this happened
and why you should care.
In the early days of online travel we reveled in the data we were able to
collect from customers but really we were only able to see that data in two
dimensions – Breadth and Depth. By breadth I mean that we
were able to use and collect data on more than one person interacting with the
site and sometimes other sites. By depth I mean that we were able to track the
different things that consumers did on the site. This allowed us to manage our
sort orders. To bias the display based on consumer behaviour to help generate
what we think are the best result for a basket of consumers.
In the last few years we have improved on this and added a third dimension to
our data collection and analysis. We have added Context. The ability to
see the inter relationship between the data we have on one person and the data
we have on others. Through our actions, those of the consumer and other
consumers we can link previously unrelated data based on the relationship
between different people and past collective behavior rather than one off
activity. We have seen this in the complex CRM systems we have all bought and
use every day.
The common theme with the first three dimensions is that we have collected the
data from consumers Òwithout their knowledgeÓ. That is not as sinister as it
sounds because we have regularly asked for consent. The fourth dimension is Community
– which is data that is freely given to us by the consumer. Often
unrelated to a particular purchase. And not necessarily for a tangible gain.
Though there is very often an intangible gain. What are examples –
writing reviews, forwarding links to friends, making recommendations to
strangers, building online profiles, contributing to forums, writing a blog
etc. The combination of these four dimensions of data can result in an
individuated experience. An experience in online media, retail, or community
that is unique to an individual but also part of a group experience.
We have seen this individuation in media already. Your twitter feed, facebook
newstream and RSS reader list is different to any other anywhere. As the
Digital Deliverance group said in their post "What are Individuated Media (What are the New Media)?"
"...the most
widely used Individuated Media vehicle today is Facebook. Its more than 200
million consumers give it a mass reach that very few of the worldÕs Mass Media
can equal, yet each of those consumers see different content than one another
Collecting four dimensions of data is not easy. It
requires technology leaps in bandwidth and computer processing power - which we
now have. The technology needed to allow us to capture and process the data is
now matched with the desire of internet users to seek answers to open ended
questions and contribute into a community process.
For us as marketers, retailers and media people it means we no longer have to
be constrained to gear our marketing to EveryOne. Sure we developed demographic
cuts and installed CRM systems to improved the targeting but we were still
marketing to EveryOne in the hope of catching the individual. Now with the
matching up of technology and social desire we can seek to market to the
EveryYou.
The four dimensions of data and technology now allows us to do away with 30
years of econometric dependence on distribution, central tendency and variation
– you know bell curves – and instead we can envisage the ability to
research an individual at scale rather than rely on measuring their responses
as part of a group or sample. Instead of seeing individual behavior as a
ÒvarianceÓ or ÒoutlierÓ, we can aim to target Every combination of individuals.
The EveryYou rather than EveryOne.
Here is my definition of EveryYou:
ÒThe development of
a specific and targeted recommendation of one based on the unique combination
of desires, needs and interests of each individual at any moment in timeÓ
The EveryYou concept I am working on says that technology
and social change put us in a place where we can work on a recommendation of
one rather than relying solely on generalisations.
EveryYou marketing and planning approaches are now available to us because of
new developments in:
In the travel industry, EveryYou
means we can answer the question Òwhere should
I go nextÓ with a specific answer. We can
answer the question which hotel should I stay in "Rome" with an
answer that references past purchase behaviour, past reviews written, friends
on facebook, people trusted, media read etc. That takes into account that human
beings are a mess of contradictions in the things that they like and want. For
instance I love the blues, Byzantine mosaics, bad zombie movies and body
surfing. No bell curve can market to that.
Companies can treat users as co-researchers in developing a bespoke solution
for their individual requirements. The user's needs are met by conjoining the
company's expertise in travel and the user's expertise of themselves, thereby
creating a tailored travel solution for one. Consumers are and will be willing
to provide information on the understanding that it will eventually be deployed
to their benefit.
If we use the technological capabilities and social trends available to their
fullest potential then we can conceive of a day where we do away with general
principles and customisation for the group and instead market to the apparent
contradictions in consumer behaviour and aim for the delivery of specific,
unique and targeted answers. We could kill off the head, body and long tail of
sales and replace it with a sale of one, a market of one for the EveryYou.
It took more
than four years, a double mastectomy, and multiple other surgeries—as
well as radiation treatments and bad reactions to ineffective chemotherapy
drugs—before Christine Hanson's breast cancer was brought under control
by Dr. Mark Fesen in Hutchinson, Kan. By then, cancer had spread to her lungs,
liver, and brain.
Through a
port implanted in her chest nearly five years ago to reduce stress on her
veins, Hanson, the mother of three children not yet in high school, has been
getting weekly infusions of cancer-treatment drugs Avastin and Abraxane, which
have put her cancer into remission. What if doctors had a detailed road map of
the kinds of drugs and therapies that Hanson's genetic makeup makes her most
receptive to, instead of having to arrive at treatments through the
costly—and sometimes painful—method of trial and error?
That's the
promise of the nascent field of personalized medicine, where treatment is
prescribed based on an understanding how an individual's body is genetically
predisposed to welcome or resist certain compounds. The day when customized
treatment is widely available may soon be within reach, thanks to technological
advances being made by life science tools companies. They develop and market
protein-separation devices and other instruments that will eventually provide
researchers with the knowledge needed to precisely target the best treatment
for life-threatening illnesses.
After
bureaucratic delays this year that frustrated investors, the awarding of $10
billion to the National Institutes of Health under the Obama Administration's
stimulus program over the next two years is likely to give a big boost to life
science companies' earnings as the money funds a fresh wave of research.
Genome Sequencing for $1,000 less
It's been
less than seven years since completion of the momentous Human Genome Project,
which took 13 years and an estimated $3.8 billion to map humanity's genetic
material.
Sequencing an individual's DNA currently
costs about $50,000 and there's a road map to get it down to $1,000 within
three to five years, say equity analysts who cover the industry.
At $1,000,
it would still be more expensive than the average home computer, but that's the
price point below which personalized medicine is considered far more
economically viable. The lower the cost of genomic sequencing, the greater the
shift analysts expect to see in the allocation of research funds toward the
consumer market, says Timothy McCandless, an analyst at Bel Air Investment
Advisors in Los Angeles. The dramatic drop in costs over the past five years
has already sparked demand for applications in other areas such as agriculture,
where genetic information can be used to breed more drought- and pest-resistant
crops and livestock prized for certain types of meat. The push toward biofuels
also makes the technology relevant for energy applications.
Drug
companies have been reluctant to embrace personalized medicine because it's
easier to sell a less-targeted drug to a broader population than to market more
narrowly applied drugs to smaller populations.
When Merck
(MRK) voluntarily pulled its blockbuster arthritis drug Vioxx from the market
in 2004 in the face of mounting evidence of side effects such as heart attacks,
it served as a catalyst to get other pharmaceutical manufacturers and the U.S.
Food & Drug Administration (FDA) to think more seriously about the
viability of personalized medicine, says McCandless.
To be clear,
several years of increasingly fine-tuned diagnostic and clinical research will
be needed before personalized medicine are available to the extent that it
might quickly identify the optimal treatment for Christine Hanson's breast
cancer. The process remains in a stage akin to batting practice before an
actual baseball game, says Jonathan Groberg, an analyst at Macquarie Research
Equities.
Third, well take your pick.
If interested in PM what should I, as a
publisher, do?
Innovate,
remembering the four CÕs:
Choice.
Choice. Choice. Choice.
Reader
choice of content. Reader choice of advertisements. Reader choice of platform.
Reader choice of time of delivery.
And, perhaps, attend future conferences on personalized
media, by bookmarking http://www.personalizenews.com, which has blogs and updates on developments,
including upcoming conferences.
INC 4 in Denver, CO, in 2010 is officially the fourth
Individuated News Conference. But the event title is somewhat of a misnomer
because the annual get-together of about 100 experts regularly addresses both
news and advertising, and should be
named the Individuated Media Conference. However, IMC doesnÕt have the
same cache as INC, now, does it?
INC 3 – the third Individuated News
Conference -- occurred in Washington in the summer of 2009, and was highlighted
by the unveiling of the TIME personalized magazine: MINE.
Sponsored by Lexus, TIME printed 50,000
copies of MINE and mailed them to anyone who had gone online to express
preferences between five of eight titles including Sports Illustrated, Time,
Food and Wine and Traveler. Stories in each magazine were thus individuated for
the receiver, as were the ads that included the receiverÕs name and reference
to where the receiver lived. Three issues of the magazine went out a month
apart. However, so many people signed up that TIME had to cap the print run and
decline to deliver printed versions to some people, fulfilling only online. In
fact the whole initiative was not without its hiccups, as you can read at: http://www.nytimes.com/2009/04/21/business/media/21adco.html
INC 2 in 2008 was in Denver (the headquarters
for MediaNews Group, its major sponsor), but the original INC 1 was in the
Gutenberg homeland of Leipzig, Germany, for historic purposes, obviously. The
first newspaper, with dispatches from the Hundred Years War, was printed in
Leipzig and is on view at the museum there, even today.
INC 1 was built around the newly built
variable data printer , the Kodak Versamark. That has to go down in history as
the first one. And its inventer: Christian Bayerlein, a young man in Germany,
who was the scion of a printing company family, and, as the story goes, went
bankrupt making that first printer for newspapers. Nevertheless he presented
the details of his printer at the first conference.
Is PM within reach?
Memo to self (1999). The final steps:
1. Write the perfect questionnaire. A way to discover an individual's personal media interests.
2. Devise a software program to connect answers with appropriate feeds. RSS feeds that answer the perfect questionnaire. A means of connecting the answers to the opinion questions with appropriate, compelling, uptodate exciting RSS-fed stories. (The web is doing the work.)
3. Create a concise pagination program. Probably proprietary program that creates a beautiful newspaper page from the RSS-fed stories. (Yes, Virginia, we have beta.)
4. Find a bold investor willing to take go for the "killer ap". (Plenty would qualify.)
5. Invent an e-reader. Done. Invent a mobile phone that can display news and advertising. Done. Invent a VDP printer. Done. We have everything from home printers to a high-speed digital printing press capable of running at least 5,000 copies an hour of one-off newspapers.
6. Craft a one-to-one advertising campaign. Monetize this product. (A cinch -- one-to-one marketing.)
7. Build a new labor force. A delivery team that can get the newspaper into the right person's hands. (Possible, even according to jaded distribution experts.)
Is
there a digital print explosion?
"The reason for the explosion in digital newspapers is
simple: the improvements in digital technology, both press and
post-press," writes Adam Hooker in PrintWeek:
Digital print steps up to the plate
Improvements in technology and
deteriorating market conditions have meant that whereas once newspaper
publishers shunned digital, they are now clamoring to use it, says Adam Hooker:
It recently transpired that when
newspaper giant News International was in the planning stages of what would
eventually lead to a £600m web press investment at its UK sites, it seriously
considered including digital presses in the spend.
The plan centered on placing machines to produce The Sun and The Times in
commercial print firms in some of the more remote areas of the UK. The
rationale was simple: rather than spend time and money shipping products from
one of its main production centres, it could simply produce the papers locally,
reducing costs, cutting CO2 emissions and, importantly in the internet age,
saving time.
When News International were pondering this flirtation, digitally produced
newspapers were in their formative years and there were still concerns about
the quality, availability of colour and cost per unit (newspaper). But that was
three years ago and, since then, the interest in digitally produced newspapers
has grown dramatically.
For example, the Daily Mail is now being digitally printed in New York using a
Screen Truepress Jet520 on the same day it's printed in London. This is just
one of many examples, with a raft of other titles now being produced in
locations faraway from their home markets.
Technology improvements
The reason for the explosion in digital newspapers is simple: the improvements
in digital technology, both press and post-press. Color is now almost as
vibrant when produced on a digital press as it is on a litho machine and the
range of substrates has also grown. Equally the speed of the digital machines
has come on significantly. While their output is still nowhere near the
capacity of the cold-set behemoths that are used to produce newspapers the
world over, and is never likely to be, the machines are now more than fast
enough to cope with limited runs in the hundreds or thousands. Also, just as
importantly, the cost per unit has tumbled.
The viability of digital newspaper models is largely down to the choice of
digital engines and this has inevitably spawned fierce competition among
manufacturers. Companies such as OcŽ, Xerox, Kodak, Agfa and Screen have all
developed presses with the ability to produce on-demand newspapers.
However, as is so often the case, on the finishing front there are fewer
options. Most experts will tell you that there is only one route available for
finishing digitally printed newspapers: Hunkeler. But as the interest in the
sector grows, so will the choice of finishing options.
Hunkeler first launched its Newspaper Line around 10 years ago, long
before the idea of printing newspapers on a digital press was considered
possible, let alone viable. But joint owner and chief executive Franz Hunkeler
had long been considered an innovator and one of his dreams at the end of the
1990s was short-run newspapers. He decided that it was something that could be
done. So, largely using products similar to those already built by the firm, he
set his team the task of finding a solution. As a result, when the first
digital printers came to the company to ask about the possibility of producing
digital newspapers, Hunkeler already had the answer.
The first newspaper finishing line was a means to an end. It ran at a little
over 30m per minute and, by the firm's own admission, it was quite simple.
However, in the same way that digital presses have moved on in the past 10
years, so has the sophistication of Hunkeler's post-press line (see box).
Rising interest in digital
The Swiss manufacturer's kit is distributed in the UK by Friedheim
International and Robin Brown, national sales manager in the company's digital
solutions division, says that enquiries in the digital sector are on the up.
"When we were at Drupa, every newspaper group in the UK was talking about
it - there was an awful lot of interest."
Currently, the UK has one prominent digital newspaper printer, Stroma in west
London, which is part of OcŽ's Digital Newspaper Network. It began producing
newspapers around eight years ago and currently handles 400 titles using its
OcŽ kit and one of Hunkeler's original newspaper finishing lines.
According to Stroma managing director Steve Brown, one of the reasons for the
lack of options available in finishing is down to the perceived lack of
interest in digitally printed newspapers. He believes the only likely rival to
Hunkeler comes from hand finishing.
"The main problem is that there are too few people printing newspapers
digitally right now," he says. "There is no real incentive for anyone
else to follow Hunkeler. It has never really interested another finishing
manufacturer. I think Hunkeler spent a lot of money on their R&D and they
now have a solution that really works.
"The only other option that I have heard of is in Singapore, where labour
is obviously a great deal cheaper. They actually hand collate and fold the
newspapers. But numbers for that will certainly not be huge."
Brown adds that the latest Hunkeler newspaper line would make life easier.
"You print it digitally and the next time you see it is a finished item,
it would be lovely to have one."
In the US, worldwide newspaper distributor Newsworld is also taking advantage
of the digital model. It has linked up with a New York branch of the
Alphagraphics franchise to produce the Daily Mail and plans to expand further.
Like Stroma, the print firm is incorporating Hunkeler kit.
Newsworld chief executive David Renouf agrees that finishing kit for newspapers
is currently in short supply, but he does see more manufacturers identifying
the opportunities the burgeoning market offers and coming on board in the near
future. However, the issue he has is not whether or not they will do it, but
how much it will cost and how long it will take.
"It is a chicken and egg scenario," he says. "There is not a lot
of choice, so people are put off printing [digitally]. But if nobody is
printing newspapers, the manufacturers aren't going to get caught up in doing
it.
"Essentially all you need is something to cut, collate and fold - it is as
simple as that. I think there are some companies interested. We talked to
several manufacturers and the answer we got was yes it can be done, but it was
going to cost in the region of Û500,000 (£455,000) and a prototype would be a
year away."
Renouf believes that Hunkeler has a huge advantage at the moment. "It is a
proven product, we are very happy with it and it has already demonstrated that
it works," he said.
Lack of choice
So what other options are available? Chris Aked, marketing manager for
continuous feed solutions at Xerox, says that another company offering
finishing options on the back of a digital press is Lazermax Roll Systems. He
is confident that other alternatives will follow.
"You can use an MBO or GUK folder as long as you have the collator, which
Lazermax does," he explains. "Even Hunkeler integrates an MBO, so
there is no reason technically why other manufacturers can't put their equipment
on there.
"As the decline of newspaper use continues and technology is now at a
viable speed for short-run newspapers, the rest of the manufacturers are not
going to stand back and say Ôwell we will just let Hunkeler have this one'. But
Hunkeler have certainly stolen the march, they can hook on the back of any
digital press."
As with anyone that finds themselves "out in front", Hunkeler is
fully aware that other vendors will come along and the company is looking at
other options.
"It is still very early stages, but they need to stay ahead of the
game," Friedheim's Brown says. "The next challenge is to collate
sets, so that Sunday broadsheets can be produced. In another 12 months, there
are sure to be more developments. This could also be used for more than just
newspapers and that is the key for the line, it won't just be handling
newspapers."
So it seems we are at a Ôwait and see' juncture in the newspaper finishing
market. Hunkeler has got itself ahead of the pack and is likely to push
improvements through in the near future. But, if there is an outlet that can
make manufacturers money, it is certain that the rest will follow suit in one
way or another. Hunkeler has raised the bar and the chase is on.
Is artificial intelligence the key to PM?
Of all the challenges facing the personal
newspaper, the "perfect questionnaire" may be the most difficult.
I try to follow advancements in artificial
intelligence because the success of the perfect questionnaire, an opinion
questionnaire, depends on its synchronicity with RSS feeds (or whatever
replaces RSS feeds).
Currently we have a very crude system. We've
devised a series of questions whose answers are directly tied to RSS feeds.
That's the jist of the program.
A client answers the questions and our software
program generates a personal newspaper by choosing RSS feeds.
That's the extent of our artificial
intelligence. IÕm sure Jules Verne felt the same way about his rocket vs. his
dream to go to the moon.
Is print media now an art?
Well, letÕs consider newspapers. A reporter
asked me if print is dead.
No, I said.
The analogy I would make is to visual art in
the 19th Century -- in particular painting -- under siege by photography as a
process that was clearly going to be a more effective means of rendering images
of visual reality.
As a result visual art begun to give people
images of mental reality, emotional reality and onotological reality. Visual
art went higher up the aesthetic ladder, and became more valuable.
So the newspaper is losing the battle for
reporting what's happening in the world in the most timely fashion to radio, tv
and the internet.
As a result the newspaper -- with the
evolution of the personal newspaper -- will begin to present a reader's mental
reality, emotional reality and ontological reality.
Or said differently, media will become Personalized
Media; move farther up the aesthetic ladder; and become more valuable.
Is there a direct mail bonanza for PM?
Where will the new money for Personalized
Media come from? How will Personalized Media grow new advertising revenue?
By one-upping direct mail Personalized Media
is better than direct mail.
Such media is invited into the house and
knows for sure the interests of the subscriber, so advertising can be
dependably targeted. (Direct mail is NOT invited into the house and can only
guess the interests of the receiver, based on demographics.)
And there is a lot of money spent on direct
mail -- in fact, more than is spent on newspapers.
In 2006, $59.6 billion was spent on direct
mail, whereas $48.1 billion was spent on newspaper advertising (source: The New
York Times, "Junk Mail is Alive and Growing", November, 2006).
Is music personalized?
Let's look at the history of another medium
in the last decade: music.
Used to be people bought prepared discs of
music called albums and 45s.
Today people download music from the internet
and create their own albums, or CDs, or I-Tunes.
The medium has been personalized.
Too often there is so much noise about
distribution changes, and marketing changes, and pricing changes -- that the
obvious is overlooked. People now choose their mix of music, instead of buying
it canned.
Now the canned goods are still available, but
the driving force -- the phenomenon -- in particular, the I-pod, is all about individuation.
When did I build my first PM product?
HereÕs the original blog announcement 11/26/06:
It's easy.
Simply go to <a
href="http://www.mydailyonline.com">http://www.mydailyonline.com</a>
and sign up.
That will generate before your very eyes a
personalized MyDailyOnline site. Please note the URL across the top, because
that is your URL to visit and change over and over again.
(Go ahead visit mine: <a href="http://www.mydailyonline.com/pvandevanter">http://www.mydailyonline.com/pvandevanter</a>
-- and you will see that a four-column page has been generated using 13 RSS
feeds.)
If you look top right on your (or my) page
you will see an "edit feeds" button.
Click that and 13 windows appear with RSS
feed addresses embedded.
By changing out any of those RSS feeds and
hitting the "submit" button, the four-column page is automatically
changed to reflect the new feed.
That's how you slowly build your own crude,
four-column, online newspaper -- but you get the idea of how we will eventually
paginate a newspaper with only content someone has requested.
When did my interest switch from wanting people
to just choose content to also choose advertising and delivery
channel/platform?
By 2009 I realized – after numerous
global conferences, public presentations and field tests – that the key
issue for Personalized Media was choice, choice, choice and choice. (Yes, IÕm
borrowing from the real estate mantra: Location, location, location.) In fact
choice of advertisements and platforms may be more important than choice of
content, because choice of advertisements defines materialistic value and
choice of platform defines ease of use.
Furthermore in 2008 my good friend who worked
for me at The Charlotte Observer – James Molnar -- emailed me about http://www.DailyMe.com the website/company put together by Eduardo
Hauser in Boca Raton, Fla., through a grant from the Knight Foundation. I
quickly contacted him and invited him to the second Individuated News
Conference that we held in Denver in 2008. He attended and was one of the most
influential voices there.
With DailyMe Hauser evolved the choice of
content from straight questionnaire to patented algorithm by 2009. He called me
when he released the new iteration and I remember telling him that I was no
longer interested in perfecting choice of content and that was why Hewlett
Packard was continuing to work with me to develop a new easy-to-use platform
– i.e. the ÒautomaticÓ home
printer -- to deliver personalized material into the home, and also seeking
peoplesÕ advertising interests to include in all Personalized Media products. I
said we were limiting choice of content to a subset of the local, daily
newspaper or out-of-market AP content.
Where did the term Individuated Media come from,
by the way?
I prefer to let someone other than myself
explain this:
All Hail Individuated Media
By Vin
Crosbie, ClickZ, Jun 27, 2008
Sponsored by Tribal Fusion
More than 1.4 billion people have gone online.
Too many publishers and broadcasters think that most
of those people have gone online to read mass media for free. Those media
executives forget that mass media companies followed people online, and with
quite a lag.
The people who have gone online already had access to
mass media in print or via terrestrial, cable, or satellite broadcasts --
formats in which (let's be frank here) mass media content is easier to read,
see, or listen to than via a computer screen.
Moreover, mass media content nowadays isn't even the
majority of what people look at online. For example, how many of the sites you
visit daily as a consumer (not as a media executive) are mass media company
sites? How many are blogs, social media, quirky topical sites, hobby sites, and
the like? In research to which I'm privy, mass media sites account for a
minority of the sites that consumers regularly visit, often a very small
minority.
The vast majority of consumers (and even media
executives) go online to communicate with family, friends, and business
contacts; to find people who have similar interests to their own; and to find
content that specifically matches their unique mixes of interests, including
very specific interests that most mass media organizations don't cover.
Today, consumers are hunting and gathering for
whichever mix of contents each thinks best matches his unique mix of interests.
They are hunting and gathering from hundreds of millions of Web sites.
Some techno-savvy consumers, rather than hunting or
gathering, are automating the process, thanks to RSS readers, iGoogle, My
Yahoo, and other services and technologies that let people mix their own sets
of content from millions of Web sites and online content services.
One example of this type of new media is Facebook. It has more than 80 million
users and each user's home page has a similar template; but each user sees an
individual set of content, because each user has a different set of friends and
interests.
It may be massively used, but it isn't mass media. The
hallmark of mass media is that the same set of content (be that a newspaper or
magazine edition or a broadcast program) is sent to all of its consumers at
once. Facebook doesn't do that; each of its consumers receives a different set
of contents.
What should we call this new form of media if it isn't
mass media?
Some people call it personalized media. But that's a
misnomer because "personalized" means "to have printed,
engraved, or monogrammed with one's name or initials." Personalized is the
"Dear Vin" I get as the opening line in junk mail. It's the same junk
mail everyone else gets. I likewise have a set of personalized hand towels.
Although they're monogrammed, anyone else can have the same towels.
"Customized media" isn't much better. Do you
like racing stripes? We'll paint stripes down the Buick's sides and customize
it for you. It's a standard edition Buick but with racing stripes.
Some companies, notably Pepper & Rogers Group, use
the term "one-to-one media." However, if a company uses this media to
deal simultaneously with hundreds or thousands or millions of consumers, that
media is hardly one-to-one. It's at least one-to-many (and if those many
consumers are simultaneously dealing with dozens or hundreds of media
companies, then it's certainly many-to-many). So, one-to-one is a misnomer.
I'm in Denver today at the Global Conference on the Individuated Newspaper. It's a conference
about using database-driven, newsprint-roll-fed digital presses (basically
giant inkjet printers) to produce unique newspapers. Each consumer would be
able to choose what categories, topics, datelines, and brands of stories he
receives, plus whatever bulletin, urgent, and investigative stories the editor
thinks everyone should receive.
I winced when first I read "individuated."
The word sounds like something only the most obtuse academic would coin. Yet
that word has been growing on me.
It accurately describes a media in which each
individual receives different content than every other individual. It's also
the individual who controls that process. "Individuated" is a far
more accurate adjective than "personalized," "customized,"
"one-to-one," or "many-to-many." I don't wince at
"individuated" anymore.
Moreover, the term "individuated" has intellectual
roots. In a variety of fields, it's a concept in which the undifferentiated
tends to become individual -- as in how what once were mass media audiences are
fragmenting into masses of individuals using new media to find whatever mix of
content matches their unique mix of individual interests.
So raise a toast to those of us who've forsaken mass
media to work in individuated media!
Individuated media is the major reason more than a
billion people have gone online, each getting what he individually wants.
What then
could be the role for newspapers?
ÒNewspapers
are the cornerstone of democracies, even today,Ó in the words of Dean
Singleton, CEO of the largest privately held newspaper company in 2008, when he
spoke those words at INC 2.
(Not
necessarily true in America. Only a little more than half the people in America
read a newspaper on a weekly basis.)
Yes,
now more than ever, especially in countries outside of the U.S. People can more
clearly develop their opinions because the sources of content have multiplied.
And the power of the intellectual ruling class (i.e. editors) who filter and
censor and control the flow of information is abating.
Newspapers
need to be the leaders in this true democratization of information. Newspapers
need to liberate its readers. Give them what they are truly curious about.
What is the
relationship between PM and Òlong tailÓ advertising?
Personalized news is clearly the Long Tail of Media, and personalized
newspapers may just as clearly be the tail that wags the printed dog.
But Chris Anderson in his book ÒThe Long TailÓ makes a very
important point when he suggests that today's business must both be the head
and the tail: "Successful Long Tail aggregators need to have both hits and
niches." (3)
That's why the first incarnation of Personalized Media may be the
combination of a mass media newspaper with personalized content on a digital
platform of choice. Visit and enjoy http://www.longtail.com.
What would
be digital nirvana?
A clear-headed blog addresses the simple fact: 100 percent
variable, digital, inkjet printing will be a reality for the newspaper
business, just a matter of time.
Entitled "The case for the Individuated Newspaper" by
Andrew Gordon of OCE, the piece points out that "Core strengths, like
local knowledge, rich content, market research, advertising and distribution
are significant competitive differentiators that newspapers can use to compete
against other forms of media."
Gordon predicts "a perfect storm" and: "Surviving
this period of transition requires developing strategies that move away from
the broad-reach circulations dictated by underutilized fixed assets."
OCE was one of the pioneers of out-of-market newspaper printing
(i.e. printing The Washington Post in London for same-day reading) with its
Digital Newspaper Network utilizing digital presses at the remote location.
Now OCE is encouraging the newspaper industry to consider the
"significant opportunities in printing niche products and local and
smaller circulation papers" with the new digital presses.
Read the whole thing at http://www.thedigitalnirvana.com.
Why is PM
California dreaming?
The Otober 2009 cover story of Presstime, the Newspaper
Association of America's monthly magazine, had a tantalizing title:
"Digital Printing: Newspapers inch toward personalized editions."
Interesting. So two of the industry's three monthly magazines had
weighed in: "Newspapers and Technology" said media is blazing toward personalized products, and
PresstPM says it's inching in that
direction.
No matter the speed -- the hare and the tortoise both get to the
finish line -- the NAA article had one exciting piece of information.
Investor's Business Daily in Los Angeles this fall is venturing into
microzoning by incorporating variable datea into news sections, using an HP
Inkjet Web Press in the beta.
Note: PresstPM ceased publication in December 2009. News and Technology continues full
tilt.
Why shower curtains?
Why not. ItÕs just my medium of choice. I would love to read the
newspaper on my shower curtain every morning and be able to click through to
other stories on the curtain and move stories up and down the curtain.
Is all media
going digital?
Yes. But that doesnÕt mean online. Any platform will do (including
shower curtains). But the source of all data will be/is digital.
Was MINE the first PM magazine?
Even with glitches. Read on.
A Magazine Just for You Arrives With Glitches
By STEPHANIE CLIFFORD
Published: April 20, 2009, Editor and
Publisher