Apr 13, 2019

The Future Of Margins In The News Industry - Issue #86

By Xavier van Leeuwe • Issue #86 • View online

The Future Of Margins In The News Industry

Like it or not. Look at the revenue of the music industry in this graph and realize that this is what the news industry’s margin will look like. Replacing a mass market of high margin print subscriptions (CDs) by a lower margin digital mass market (streaming). The only reason the news industry has not dropped so fast is that print actually has an added value of a relaxing habit. Time for yourself in stead of time for work (i.e. screens). Compact discs do not offer that benefit over streaming. It is still the same speaker. I prefer comparing print to the cinema experience. You can watch a movie on your phone or in a cinema. Same content, entirely different experience and you will probably pay more for the cinema. Like movie houses, print is here to stay. But my guess is that print will be more of a luxury product, if we as an industry can actually deliver the luxury experience, much like cinemas have improved with better sound, better seats and convenient parking

www.visualcapitalist.com • Share

Condé Nast Puts Tech Executive In Charge

More on the future of publishing. In an interesting move Condé Nast has appointed a tech exec of streaming music service Pandora as the global chief executive, in order to stem financial losses and transform itself for the digital age.

www.businessoffashion.com • Share

What future for AI in news?

In the the mean time LSE and Google team up to foster literacy in newsrooms globally about artificial intelligence.

blogs.lse.ac.uk • Share

Google AI Ethics Board Lasted A Week

Google recently created an external advisory council to work on ethics issues around the deployment of AI systems. Some of the people on it were controversial (for political reasons), particularly amongst Google’s own employees, and so Google has cancelled the whole thing.

www.vox.com • Share

Medium Introduces Elemental

Here is Elemental, the new paid product by Medium on healthy living and spirituality. While you check out the new product, take a look at cleanup guru Marie Kondo’s delightful daily routine for a healthy life.

elemental.medium.com • Share

Did you enjoy this issue?

By Xavier van Leeuwe

This newsletter is about passing on what I found compelling on customer experience, employee engagement or data. I wrote The Relationship Economy. My second book Mensenwerk is due April 2020. I work at mediahuis.nl. See more or subscribe at www.changemediaforgood.com.

Tweet

Share

If you don't want these updates anymore, please unsubscribe here.

If you were forwarded this newsletter and you like it, you can subscribe here.