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	<title>Penelope Barker &#8211; Ross Dawson</title>
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	<description>Keynote speaker &#124; Futurist &#124; Strategy advisor</description>
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	<title>Penelope Barker &#8211; Ross Dawson</title>
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		<title>‘Content Shock’ Puts Top Publishers at an Advantage</title>
		<link>https://rossdawson.com/content-shock-puts-publishers-at-an-advantage/</link>
					<comments>https://rossdawson.com/content-shock-puts-publishers-at-an-advantage/#respond</comments>
		
		<dc:creator><![CDATA[Penelope Barker]]></dc:creator>
		<pubDate>Sun, 17 Jun 2018 01:09:26 +0000</pubDate>
				<category><![CDATA[Business Models]]></category>
		<category><![CDATA[Content Creation]]></category>
		<category><![CDATA[Strategy]]></category>
		<guid isPermaLink="false">https://rossdawson.com/?p=13746</guid>

					<description><![CDATA[The titanic eruption of web-based content has reached overload, and a consequent drop in reader engagement. The good news? In this new world of content saturation and falling social shares, the big winners are publishers that have built a strong reputation for original, authoritative content. In a world where 40,000 articles a week covering Bitcoin [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>The titanic eruption of web-based content has reached overload, and a consequent drop in reader engagement. The good news? In this new world of content saturation and falling social shares, the big winners are publishers that have built a strong reputation for original, authoritative content.</strong></p>
<p>In a world where 40,000 articles a week covering Bitcoin were published online in December 2017 alone, the coining of the phrase “content shock” should come as no surprise.</p>
<p><a href="https://buzzsumo.com/blog/content-trends-2018/#gs.4SBRql0" target="_blank" rel="noopener">The Content Trends 2018</a> research report from Buzzsumo, released in March, is based on a review of 100 million articles published on the web in 2017.</p>
<p>The results are sure to send the digital marketing world into a tailspin:</p>
<ul>
<li>Social sharing of content has halved since 2015.</li>
<li>The days of viral posts gaining hundreds of thousands of shares are waning as the majority of content now receives zero backlinks.</li>
<li>New topic areas are rapidly becoming saturated with content.</li>
</ul>
<h2>The winners in the world wide web of ‘content shock’</h2>
<p>In his foreword to the report, Mark Schaefer, author of <em>The Content Code</em>, claims credit for naming this “content shock” back in 2014. He had once seemed a lone voice in the wilderness —until now.</p>
<p>While there’s a battleground ahead for digital marketers and companies that invest heavily in content marketing, there’s also positive news for quality publishers. They are the ones reaping the rewards of an increasingly saturated and competitive online environment.</p>
<blockquote><p>“Not all sites have seen a fall in content engagement,” reads the report. “We have seen some major publishers increase both their total and average shares.”</p></blockquote>
<p><img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-14306" src="https://rossdawson.com/wp-content/uploads/2018/06/Share-of-Visits-by-Social-Network.jpg" alt="" width="654" height="354"></p>
<p>Two such sites bucking the downward trend are the <em>Harvard Business Review</em> and <em>The Economist</em>, both of which have experienced an increase in content sharing.</p>
<p>In fact, seven of the top 10 most shared articles on <em>Harvard Business Review</em> over the last five years were published in 2017. The average number of shares has also increased from 4,007 in 2015/16 to 4,506 in 2017.</p>
<p>Similarly, the two most shared posts from <em>The Economist</em> over the last five years were both published in 2017. For comparison, the median number of shares for posts published by The Economist in 2015 and 2016 was 43. However, in 2017 such social shares increased to 78.</p>
<p>It appears that increased content competition has not adversely affected these sites. Paradoxically, it may have helped them reinforce their position in a world of content saturation.</p>
<blockquote><p>“If you are going to share something with your audience you want to make sure it is well researched and authoritative from a trusted source, thus it is possible people are more selective with their sharing,” states the report.</p></blockquote>
<h2>Profiting from partisanship and LinkedIn shares</h2>
<p>Another long-standing publisher sticking out from the crowd is <em>The New York Times</em>., According to the Buzzsumo report, rising engagement with its content may largely be due to political reporting coupled with the trend of rising shares for partisan political content generally since 2015.</p>
<p>After Facebook changed its News Feed algorithm in 2017, most online publications saw a massive drop in social shares. However, <em>The New York Times</em> again sidestepped some hardship by gaining shares on a different platform.</p>
<p>According to the report: “We have also seen major publishers like <em>The New York Times</em> increase their LinkedIn shares, albeit this is still a small proportion of their overall shares. LinkedIn may represent a better opportunity for business to business [B2B] sites. Many businesses were building their presence on Facebook but the recent algorithm changes could prompt a renewed focus on LinkedIn.”</p>
<p><img decoding="async" class="alignnone size-full wp-image-14308" src="https://rossdawson.com/wp-content/uploads/2018/06/LinkedIn-Shares-of-NYTimescom.jpg" alt="" width="654" height="294"></p>
<p>LinkedIn recently told Digiday that comments, likes, and shares on the platform are up more than 60% year over year. The Buzzsumo data also shows that while social engagement with content is falling on Facebook and Twitter, many B2B publishers, including Forbes.com and BusinessInsider.com, are seeing increases in social sharing on LinkedIn.</p>
<p><img decoding="async" class="alignnone size-full wp-image-14309" src="https://rossdawson.com/wp-content/uploads/2018/06/LinkedIn-Shares-of-Content-Published-on-Forbescom.jpg" alt="" width="654" height="354"></p>
<p>The trend with backlinks is also positive for quality news publishers. Overall, the median number of backlinks in Buzzsumo’s sample of 100 million posts published in 2017 was zero. However, the report found that backlinks were gained consistently by authoritative sites. For instance, the report states that for sites such as the Pew Research Center, the median number of backlinks per article was higher in 2017 than in previous years.</p>
<h2>Good news for the future of online news?</h2>
<p>To borrow from the financial lexicon, it appears we are witnessing a market correction in response to an oversupply of lower-quality content and overused formats like clickbait that have peaked and declined.</p>
<p>Reassuringly for news publishers, however, there is clearly rising demand for high-quality, well-researched, and reputable content. For publishers with an established track record of authority in specific topics, they seem poised to gain the most from this climate of “content shock.” Fledgling and lower-quality publications will want to focus on delivering top-notch content rather than resorting to gimmicky publishing tactics that have long-frustrated audiences.</p>
<p>In the end, the Buzzsumo report’s bleak look at social engagement in 2017 offers a glimmer of hope for the future of news online. Quality, not quantity will be rewarded, likely leading to a more productive competitive model that ultimately gives news consumers a better and more valued final product.</p>
<p><strong>Image sources:&nbsp;<a href="https://buzzsumo.com/blog/content-trends-2018/#gs.4SBRql0" target="_blank" rel="noopener">Buzzsumo</a></strong></p>
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		<title>Predicting the Media Landscape: What Lies Ahead for 2018</title>
		<link>https://rossdawson.com/predicting-media-landscape-lies-ahead-2018/</link>
					<comments>https://rossdawson.com/predicting-media-landscape-lies-ahead-2018/#respond</comments>
		
		<dc:creator><![CDATA[Penelope Barker]]></dc:creator>
		<pubDate>Thu, 22 Mar 2018 23:33:31 +0000</pubDate>
				<category><![CDATA[Channel]]></category>
		<category><![CDATA[Distribution]]></category>
		<category><![CDATA[Industry]]></category>
		<category><![CDATA[Strategy]]></category>
		<guid isPermaLink="false">https://rossdawson.com/?p=13748</guid>

					<description><![CDATA[In an era of &#8220;fake news&#8221; is journalism at last fighting back? Taking a look back at 2017 it would appear so. Indeed, it would seem that the shocks to the media industry over the past few years are helping many organizations focus once again on quality news and investigations–in part to distinguish themselves from [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>In an era of &#8220;fake news&#8221; is journalism at last fighting back? Taking a look back at 2017 it would appear so. Indeed, it would seem that the shocks to the media industry over the past few years are helping many organizations focus once again on quality news and investigations–in part to distinguish themselves from the mass of other, often dubious, information online.</p>
<p>2017 proved to be a vintage year full of reporting that made a real difference–from the <em>The New York Times</em> exposé on Harvey Weinstein to the ProPublica investigations of Facebook, and the Paradise Papers investigations. In terms of revenue, however, it was a mixed year that saw stronger titles pulling ahead while others faltered. The shift to reader revenue is well underway, but will not work for everyone. So what lies ahead for journalism and the media in 2018?</p>
<p>The report <a href="https://www.digitalnewsreport.org/publications/2018/journalism-media-technology-trends-predictions-2018/" target="_blank&quot;" rel="noopener noreferrer">Journalism, Media, and Technology Trends and Predictions 2018</a>, published by the Reuters Institute for the Study of Journalism with the support of Google’s Digital News Initiative, holds some clues. Based on survey responses from 194 digital leaders from 29 countries, it lays out the challenges and opportunities expected for the news industry in the year ahead.</p>
<h2>The battle with the platforms</h2>
<p>Concerns expressed by the respondents include increasing worry about the power and influence of platforms, especially Facebook and Snapchat. However, many publishers blamed themselves for their ongoing difficulties, citing internal factors such as resistance to change and inability to innovate.</p>
<p>The survey makes clear that many publishers still feel that platform companies, Facebook in particular, need to do much more to face up to their wider responsibilities. Advertisers are demanding greater transparency over measurement and for more protection for their brands. Politicians, regulators and ordinary users will be adding to that pressure. Something significant is likely to give in 2018.</p>
<p>According to respondents, we should also expect more news organizations to pull out of deals with Facebook, Apple, and Snapchat as they realize they are not delivering sufficient financial return.</p>
<p>The report also predicts that the platforms will be forced to employ armies of human internet moderators.</p>
<h2>More focus on subscribers and personalization</h2>
<p>Almost half the publishers surveyed see subscriptions as a very important source of revenue in 2018, more so than digital display advertising and branded and sponsored content.</p>
<p>To attract more subscribers, publishers say they’ll focus on podcasts and look at developing content for voice-activated-speakers. Almost three-quarters plan to actively experiment with artificial intelligence (AI) to support better content recommendations and drive greater production efficiency.</p>
<p>Media companies, it appears, will be actively moving customers from the &#8220;anonymous to the known,&#8221; so they can develop more loyal relationships and prepare for an era of more personalized service. Quoted in the report, Mark Thompson, CEO of <em>The New York Times</em>, said: “AI/intelligent assistants solving for the consumer needs across devices, environments and media is the big tech story of the year.”</p>
<h2>The rise and rise of artificial intelligence</h2>
<p>The report also highlighted developments to watch in this space:</p>
<ul>
<li><strong>Computer-driven recommendations</strong><br />
One of the most likely uses of AI by news publishers will be in driving better content recommendations on websites, via apps, or through push-notifications. A new recommendation service called James, currently being developed by The Times and Sunday Times for News UK, aims to learn about individual preferences and automatically personalize each edition in terms of format, time and frequency.</li>
<li><strong>Assistants for journalists</strong><br />
Get ready for AI bots that can manage journalists’ diaries, organize meetings, and respond to their emails. Already, Replika is an AI assistant that, with a bit of training, can pick up your moods, preferences, and mannerisms until it starts to sound like you and think like you when writing text. In the future, it may be able to mimic your style of posts on Twitter and Facebook and take care of your social media while you’re asleep.</li>
<li><strong>Automated and semi-automated fact-checking</strong><br />
AI will also assist journalists with fact-checking political claims in real time, possibly even while conducting a live radio or TV interview.</li>
<li><strong>Commercial optimization</strong><br />
The use of algorithms to recognize patterns in data and make predictions (machine learning) is already being used to drive commercial decisions. AI-driven paywalls will be able to identify likely subscribers and, based on previous behavior, serve up the offer (and wording) most likely to persuade them to subscribe. Another use will be to create more personalized advertisements.</li>
<li><strong>Intelligent automation of workflows</strong><br />
News organizations know they have to do more with less, without leading to journalist burn out. In the survey, 91% of respondents cited production efficiency as a “very important” or “quite important” priority this year. Intelligent automation (IA) is one way to achieve this. As examples, the Press Association in the UK has been working with Urbs media to deliver hundreds of semi-automated stories for local newspaper clients, while an automated news rewriting programme called Dreamwriter is already creating around 2500 pieces of news on finance, technology, and sports daily.</li>
<li><strong>New audio platforms</strong><br />
Meanwhile, new devices and technologies are set to change consumer behavior, especially the rapid adoption of voice-enabled smart speakers such as Amazon Echo and Google Home. Media companies polled in the leaders&#8217; survey said they would be investing more this year in audio-based media such as podcasts and shorter form content experiments that are native to the new platforms.</li>
</ul>
<h2>Facing an uncertain future</h2>
<p>The report concludes with the inevitable—that the future looks uncertain. “There is no sense that the technology revolution is slowing down. If anything, it seems as if we are at the beginning of a new phase of disruption. The era of <a href="https://rossdawson.com/keynote-speaker/keynote-speaking-topics/business-ai-artificial-intelligence/" >artificial intelligence</a> will bring new opportunities for creativity and for efficiency—but also for greater misinformation and manipulation.</p>
<p>“Ironically, publishers know that in many ways they need to behave more like Silicon Valley tech companies, even as they try to wrest back a measure of control around distribution and strategy. That means taking risks, breaking down hierarchies and delivering higher quality products and services that audiences love. In doing this, the smartest companies will be combining data and algorithms with great content as they seek to rebuild both trust and their businesses.”</p>
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