Politician uddhav thackeray biography- Full Details
Burns
1. A Look At EmergingA Look At Emerging
Business ModelsBusiness Models
2. Emerging Business ModelsEmerging Business Models
Traditional media are struggling to adapt their old business
models to respond to the devastating effects of disruptive,
digital technologies, while a new generation of media
companies is creating fresh, innovative new models. Will those
efforts result in profitable businesses that would finance
journalism as it happened during the last century?
• Chair: Neal Burns, Professor, Advertising Department, UT Austin,
• || Richard Anderson, President and CEO, Villagesoup.com
• || Staci Kramer, Co-Editor of ContentNext Media/PaidContent.org
• || Ken Riddick, Vice President, Digital Media, Hearst Newspapers
• || Michael Smith, Executive Director, Media Management center,
Northwestern University
3. Traditional Media: What WasTraditional Media: What Was
• Broadcast networks
– Limited in number
– Virtually monopolistic
• Categorical Separation
– Radio/Press/TV
• Balkanization of New Media
(lack of interoperability)
4. Traditional Media: NowTraditional Media: Now
• Traditional media operators are
concerned -- losing customers, losing
ad revenue . . . Yet, raising prices while
delivering fewer eyeballs and ears.
• Banks and investors look at these
operators with a bit of a jaundiced eye.
• As alternative media platforms and
resources come into play -- and gain
customers/traction -- less market
capital for traditional media.
5. The Market: Then and NowThe Market: Then and Now
• There were dozens of markets with millions
of persons in each.
• Now there are millions of markets and
about a dozen persons in each.
• It’s not about execution or creative
excellence -- now its about relevance.
6. Convenience, Control, Choice (CConvenience, Control, Choice (C33
))
• Shifting from interruption to engagement
• Watch what they want, when they want … and
where they want.
• C3
shows up in
– media usage
• In the 90’s > 7 hrs/d
• 2008 > 10.5 hrs/d
– Spending on alternative media hit $73.43 billion in
2007, a 22% increase over 2006.
7. Plague on Both HousesPlague on Both Houses
• Google and broadcast networks have a
problem over which they can both
commiserate: declining use numbers.
• Google’s slower growth in paid clicks --
growing 37% monthly six months ago,
grew only 3% in February and showed
no growth in January. It’s an abrupt halt
to Google’s meteoric growth trajectory.
8. Key TrendsKey Trends
• Top 10 news Web sites have a larger
share of audience than legacy media.
• News is shifting from being a product
to becoming a service.
• News consumption is continual (e.g.,
screen banners), periodically engaging
-- analytical and interpretive finished
news ‘product’ not done.
9. ““at the end of the day . . . fromat the end of the day . . . from
our panelists . . .our panelists . . .
• Good sense of current status
• Likely outcomes in the near term
• Can we monetize news today ?
• Should professional news organizations sponsor
co-creation (CGC)?
• Any models for strategic and executional
leadership?
10. ““at the end of the day . . . fromat the end of the day . . . from
our panelists . . .our panelists . . .
• Good sense of current status
• Likely outcomes in the near term
• Can we monetize news today ?
• Should professional news organizations sponsor
co-creation (CGC)?
• Any models for strategic and executional
leadership?