Flickr Image: RonAlmog
by Carol Holden*
Like most people, I start my business day by checking the BurrellesLuce morning news briefing to see what’s up with the competition and the industry as a whole.
Recently, I found two bright spots regarding the health of the traditional media industry.
As reported in Editor & Publisher, in a study recently released by Scarborough Research, data analysis indicates that newspapers are still read in print or online by a critical mass of adults in the U.S. on a daily and weekly basis. “While our data does show that print newspaper readership is slowly declining, it also illustrates that reports about the pending death of the newspaper industry are not supported by audience data,” said Gary Meo, Scarborough Research’s senior vice president of print and digital media services. “Given the fragmentation of media choices, printed newspapers are holding onto their audiences relatively well and this is refreshing news.”
This is certainly refreshing to me as the person directing the BurrellesLuce Media Measurement service as well as being a former employee of a small town newspaper.
The report went on to list the following statistics:
In an average week –
- 79 percent of adults employed in white collar positions read a newspaper in print or online
- 82 percent of adults with household incomes of $100,000 or more read a printed newspaper in print or online
- 84 percent of adults who are college graduates or who have advanced degrees read a printed newspaper in print or online
Secondly, as reported in Bulldog Reporter’s Daily Dog, a new survey from the Boston Consulting Group asserts that the average news consumer would likely be willing to pay for news online, but respondents insist on unique news stories worthy of buying. “The good news is that, contrary to conventional wisdom, consumers are willing to pay for meaningful content,” said John Rose, senior partner at Boston Consulting Group who leads the firm’s global media sector. “The bad news is that they are not willing to pay much. But cumulatively, these payments could help offset one to three years of anticipated declines in advertising revenue.”
This change carries a lot of implications. Top of my mind is the impact on how Google will search for news and, depending on the sources and the charges, it will likely influence my own RSS options. How will you advise your clients to navigate the new terrain? How will paid content change your online sources for news?
*Bio: I’ve been in the media business all of my adult life, first in newspapers before going full circle and joining BurrellesLuce, where I now direct the Media Measurement department. I’ve always enjoyed meeting and especially listening to the needs of our customers and others in the public relations and communications fields; I welcome sharing ideas through the Fresh Ideas blog. One of my professional passions is providing the type of service to a client that makes them respond, “atta girl” – inspiring our entire team to keep striving to be the best. Although I have been lucky enough to travel through much of Asia and most major U.S. cities for business or pleasure, my free time is now spent with my daughter, visiting family/friends, and of course the Jersey shore. Twitter: @domeasurement LinkedIn: Carol Holden Facebook: BurrellesLuce
