Media Business News and Trends

What happens if the lights go out? It's a question that strikes fear into the hearts of content providers everywhere--especially those that have transitioned from preserving hard copies to digital storage. Decisions about how to protect content-in this case, digital content--should be based both on an assessment of the purpose and value of that content and the development of a policy that outlines what is stored and how it is stored.

Posted Nov 20, 2012

First there was Blogger. Then there was Twitter. Now, somewhere in between those concepts is Medium, the ambitious new creation of co-founders Biz Stone and Evan Williams, who are responsible for all three social media online publishing tools.Launched recently by Williams' and Stone's Obvious Corp., Medium offers a fresh take on blogging by combining some of the best features already built into competitor sites such as Tumblr, Pinterest, reddit, and Zeen. Medium's design lets users collaborate on works consisting of words and/or images that are published on the site. After reading a work, users can provide feedback to the author, indicate if they liked it, and supplement it with additional content.

Posted Nov 12, 2012

There is little doubt that we are living in a new age of journalism. The internet has clearly put pressure on traditional publications. Stories are published faster. There is less fact-checking and editorial oversight. Virtually anyone with even a hint of technical savvy can publish to the web. Many of the more traditional rules of journalism have gone by the wayside, and while much of this change is positive, that doesn't mean all of the old rules don't still apply. Some should remain guiding lights, regardless of the medium, but too often lately we have seen modern journalism steer off course.

Posted Nov 06, 2012

Close your eyes and say it out loud: book.Now what do you see? When we call something a book, an expectation automatically bubbles to the surface, nurtured by centuries of collective historical memory. The name evokes a specific shape, structure, and format - not to mention an entire catalogue of sensory details. There is romance in its tangibility. Ebook naysayers and wary bibliophiles often refer to the feel and smell of a book, claiming how such simple pleasures are irreplaceable. Perhaps they are.

Posted Nov 01, 2012

It used to be that the only data publishers had to work with to determine if a book was a success or a failure were the sales figures. But those numbers only scratch the surface and lead to many more questions than answers. For example, are readers actually finishing a book? And who, exactly, is buying the book?Well, now, thanks to the power of analytics, ebook publishers have the ability to uncover a treasure trove of information about their readers and their behavior. Not only can a publisher find out how many copies have been sold, but it can also determine who is doing the purchasing, how much progress those readers are making, and how much time they're spending with a particular ebook.

Posted Oct 29, 2012

Amazon revealed its third quarter earning results today, and reported the cpmpany's first quarterly loss in four years. According to the company, the net loss was $274 million in the third quarter. Shares dipped 9% but bounced back quickly.

Posted Oct 25, 2012

Traditional publishers may still have a love-hate relationship with ebooks and e-readers, but self-publishers aren't feeling the least bit conflicted about digital books. In fact, according to a Bowker report, the number of books published digitally has nearly tripled-287% since 2007 to be exact. Many of these digital-only books are self-published.

Posted Oct 25, 2012

Facebook's post-IPO struggles can be baffling to the average person. How can a company with over a billion active users be experiencing so much trouble with its stock price--and revenue building in general? But those troubles may be behind the social network after a better than expected third quarter earnings report. And in a flurry of not-so-great earnings news from other companies, Facebook is reaping the benefits.

Posted Oct 23, 2012

The iPad Mini is no longer just a figment of Apple enthusiasts' imaginations. This afternoon, during an event in San Jose, Calif., Apple finally introduced the Mini to the masses. The tablet comes in a 7.9 inches long, and 7.22 mm thick with a $329 starting price.

Posted Oct 23, 2012

Social media has provided us with a world with no boundaries and has allowed small companies to dream of having a global reach. But, along with opportunities come challenges-chief among them is navigating the tricky terrain of communication and social differences in diverse geographies. In 2010, Buddy Media, Inc., a New York City-based software-as-a-service company that works with some of the top global advertisers, conducted a study that looked at the gap between the perceived potential of global social media and the actual level of achievement. The survey of 105 Fortune 1000 brand managers was conducted by Harris Interactive, Inc. While 72% of respondents indicated that social media offers great opportunity to reach existing and potential customers around the world, they also indicated that they were lacking the tools and information necessary to leverage global social media effectively.

Posted Oct 22, 2012

Newsweek shocked the publishing world, announcing that as of December 31, 2012, the nearly 80-year-old magazine will cease to be a print publication and will, instead, go all-digital. But the magazine isn't just concentrating on enhancing its web presence.

Posted Oct 18, 2012

Adult Swim launched a new digital comedy website called Thing X, led by former Onion editor Joe Randazzo and several other members of the popular humor site. Thing X uses the conceptual launch point of a click-hungry web portal to satirize everything on the Internet through exclusive videos, columns, interviews, reviews, e-mails, podcasts, and more. The site also boasts an active social media presence, as well as original interviews and performances from comedians.

Posted Oct 18, 2012

Regardless of industry or niche, reputation is one of the most precious commodities that a working professional has. It can take months, even years to build up a strong, positive reputation; then, the whole thing can come crashing down, in an instant. This has never been truer than it is now, in the age of Google, Facebook, and Yelp.com: A bad review or a defamatory post can make its way onto the web and all but destroy a person's image.

Posted Oct 17, 2012

If you've been buying your ebooks at Amazon or Apple, you may have some credits coming your way. According to CNN Money, Kindle users who bought ebooks between April 1, 2010 and May 21, 2012 will receive credits ranging from $0.30 to $1.32 per book. Apple did not specify an amount.

Posted Oct 16, 2012

Kenshoo, a digital marketing software provider, published its inaugural quarterly report, "Kenshoo Global Search Advertising Trends." The report examines the performance of paid search ads by analyzing aggregate campaign data across search engines including Google, Yahoo!, Bing, Baidu, and Yahoo! Japan based on more than $3 billion in annual paid search budgets managed through Kenshoo.

Posted Oct 16, 2012

If you were in Europe on Friday and found that you couldn't access your Facebook account, you may have Anonymous to blame. Twitter users Portugal, Sweden, Ireland, and Norway reported Facebook outages. Subsequently, a Twitter account associated with the hacking group claimed responsibility, according to CBS News.

Posted Oct 15, 2012

Trinity Mirror plc (the Group) announced a change in the management structure of the Group to create a more efficient model from which to develop its long term strategic direction as "One Trinity Mirror." The Nationals and Regionals divisions will be unified under one management structure -- ensuring that editorial, advertising and support functions can operate as effectively as possible across all of the Group's print and digital publishing operations. This will enable an accelerated rollout of digital products, says the company.

Posted Oct 15, 2012

The World Wide Web has forever changed the way companies of all sizes do business. From the smallest mom-and-pop shop to the largest enterprise, the internet has not only made it easier for companies to grow, but it has added new concerns. To be sure, the web is the great equalizer. In the past, only a select few corporations operated on a global scale, but the web has made it possible for organizations in Peoria, Ill., to sell goods and services to those in Prague. While leveraging the web to deliver the right information to the right people at the right time may seem relatively straightforward, it is not.

Posted Oct 15, 2012

Google and book publishers have come to an understanding of sorts, ending a lawsuit that has been ongoing since 2005 when publishers first took legal action against the search engine which had begun scanning print copies of books from libraries and making them findable and searchable online.

Posted Oct 08, 2012

Digital technology has broken down many barriers for new authors trying to break into the book publishing business. Ebooks and online publishing tools offer relatively easy and inexpensive ways to self-publish, and the internet provides a virtual platform from which to potentially grab the attention of a worldwide audience, including those seemingly elusive book editors and literary agents.

Posted Oct 08, 2012

Author J.K. Rowling knows how to cast a spell on readers with her enthralling stories. But she and her publisher probably wish they had a magic wand that could undo the troublesome technical defect in the faulty first run of the ebook version of her new novel, The Casual Vacancy.

Posted Oct 05, 2012

Barnes & Nobles consumers should be forgiven if they're more than a little confused by the appearance and then disappearance for Amazon books on their shelves-yes, the actual, physical shelves. Some Amazon titles are being published and distributed by Houghton Mifflin Harcourt, and they popped up on Barnes & Noble's shelves. But according to paidContent, the books were quickly pulled from shelves when an email was issued asking the local stores to take it down.

Posted Oct 04, 2012

Recent findings from Bowker Market Research reveal that 55% of readers who purchased young adult books belonged to the 18-and-up age bracket. In fact, the largest segment of those adult book buyers were between the ages of 30 and 44, and a good portion of that percentage were buying these books for themselves as opposed to gifts.

Posted Oct 04, 2012

Over 450,000 ebooks and e-journal contributions, over 15 million database entries, and some 17,000 open-access journal articles are now available at De Gruyter Online. The consolidation of all content at a single platform offers scholars advantages, as research can now be conducted conveniently from one interface, regardless of the publication format or distribution model. There are a range of helpful features at De Gruyter Online to make day-to-day use easier, including alerting services that inform users about new releases in a specific field, as well as export interfaces for all major citation services.

Posted Oct 02, 2012

I read several books during my summer vacation. And each time I came across a passage about a person reading a newspaper over breakfast, I checked the copyright page at the front of the book. You just don't see people casually reading the paper over coffee anymore-at least not in the U.S. It's a quaint vestige of an earlier, slower time.The daily newspaper has been replaced by the internet. People don't even casually eat breakfast anymore. They grab a coffee, probably at a chain such as Starbucks, and chug it on the run. They get their news on their mobile devices or laptops.

Posted Oct 02, 2012

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