Showing posts with label New York Times. Show all posts
Showing posts with label New York Times. Show all posts

Tuesday, April 28, 2009

Pulitzers measure nothing about a newspaper's viability

An investor at last week's New York Times annual meeting complained that the Times seemed to have plenty of money to send reporters all over the world but couldn't manage adequate coverage of the city's five boroughs. "Send these people to Brooklyn! Send these people to the Bronx!” he reportedly said. “You will increase circulation."

Times Co. chairman Arthur Sulzberger Jr. response? That the Times had just won a Pulitzer for local reporting. Yes, well, here's the problem: Pulitzers are handed out by other journalists, based on how much those other journalists like specific stories. They have nothing to do with whether a newspaper is delivering a product that is valued by its customers.

This is important to remember. As news organizations look forward, they need to forget about using prizes as a metric of their future viability. The only metrics that matter are circulation--and whether those numbers are going up or down.

Photo courtesy of terren in Virginia. Creative Commons license.

Tuesday, February 17, 2009

Timesmen in the Twilight Zone

New York had a short squib a while back on how Gay Talese is working with Leslie Gelb on a documentary about the New York Times' "struggles in the digital age." Talese's quotes are a case study in the faulty thinking that's hobbling journalism's ability to find its way forward.

Let's go through them, one by one. And, to help make the point, let's imagine that, instead of a journalist at the turn of this century, he's a horse-and-buggyman at the turn of the last one, when the automobile came on the scene, and see what his quotes would have looked like.

New York: Why are you doing this documentary?


Talese today:

“[The documentary is] about why the Times is having difficulty attracting readers when in my opinion it’s still a very good paper, and about the difficulty of convincing young people to read it."


Horse-and-buggyman:

"We're trying to understand why we're having a hard time getting young people to drive buggies, when we still have so many fine horses and solid buggies."


New York: Is it because young people are reading the paper online? / Is it because young people are driving automobiles?


Talese today:

“We’re not interested in their Website. We’re interested in our insights as veterans of old-fashioned journalism.”


Horse-and-buggyman:

"We're not interested in their automobiles. We're interested in our insights as veteran horse and buggymen."


New York: Do you read the Times site occasionally? / Do you ever take trips in automobiles?


Talese today:

"Never, and I never will. I don’t even have a cell phone. I don’t deal with the technology. I don’t even know how to go into the Web. Maybe Gelb will do it. I insist on being with the people I’m writing about.”


Horse-and-buggyman:

"Never, and I never will. I've also never ridden in a train. And I have no interest in those flying machines either. I insist on having an initimate relationship with my mode of conveyance."


Am I getting my point across? Talese and others who think like him need to, put simply, get over it. Yes, the New York Times is a fine newspaper. But it's a newspaper. It doesn't matter how good it is. Its days are over. Those who care about journalism, and journalism done well, must let go of the thing that performed such a valuable service in the past, and of which they were masters, and use all their insights and intellectual power to figure out how to do all of this using the tools of the future.

Photo courtesy of: Welfl. Creative Commons license.

Friday, January 30, 2009

How the New York Times can save itself

The New York Times is struggling, right? Its parent company just accepted a $250 million investment from a Mexican businessman. And now there are reports it's looking to sell its share of the Boston Red Sox in order to raise cash. That, after news that its revenue for the last quarter of 2008 fell almost 50% over the comparable period the previous year.

As inconceivable as it sounds, the Times could actually go under.

But it doesn't have to.

There is, in fact, a simple way it can save itself: Go open source.

The Times should lay itself open on the table. Put it all out there. What's working. What's not. Where revenues are coming from. Where they're not. What areas are getting traffic. What isn't. Lay everything out in the open that right now is only discussed in closed board rooms.

Then, invite the world to share ideas about how to get the Times on more solid footing. What should get more coverage? What should get less? How should they rejigger the entire format of the newspaper, how should they integrate social media, how should they use interaction with readers to change the way they report? Where should they look for new revenue streams? What current streams should they jettison?

Do that, and I promise you, the ideas will roll in.

Sure, some of those ideas will be rubbish. Some will be ingenious, but ultimately unworkable. And some will hold the kernels of the solution.

Why not do this? What does the Times have to lose? Nothing, right? I mean, if they're going down anyway, why not open themselves up and see if some smart soul out there -- or souls, plural, more likely -- has a brainstorm.

As the good folks at Wikinomics say, when it comes to innovation, when it comes to creating something entirely new:
"Increasingly, you should assume the best people live outside your organization."
[emphasis mine]

In other words, the folks at the New York Times may be the best out there at beat reporting, investigative journalism, and even long-form narrative (via the Magazine). But when it comes to figuring out the future of journalism, the simple odds are that the smartest people who can help them figure out how to move forward are not within the walls of the Grey Lady. Not even, necessarily, within the walls of any consulting firms they might have retained to help them. They are somewhere out there.

So why not solicit their help? You'd tap the best people for your investigative teams, wouldn't you? Why not do the same for, well, your very survival?

So what do they have to lose?

Well, there is one thing. They'll lose their seat on Mount Olympus. They'll lose their status as the "be all and end all" of the journalism world. They'll have to admit that they're human, just like the rest of us.

The sad thing is, this isn't really a big deal. Anyone who's ever fallen from grace--a high school sports star who gets to college and realizes she's not really all that, a middle manager who flubs and gets demoted back to individual contributor, a parent who messes up big in front of their kid--anyone who's ever been through that knows two things: a) it totally sucks and b) it's never the end of the world. In many cases, in fact, it opens up whole new vistas.

So, come on New York Times. It's time to do the thing that, at some point in life, everyone finds themselves having to do: Ask for help.

Saturday, December 6, 2008

Times Extra: An Assessment

The New York Times just launched "Times Extra", an "alternative" home page that appends to some stories a list of links for related stories at other websites.

The home page basically looks the same, except for the new list of links under certain stories, like the one at right.

What's future-of-news-y about it:

-- It embraces the mindset that "we aren't the only ones who know what's going on." In the early days of the Internet, the name of the game was attracting people to your site and keeping them there. Today, it's about helping your readers find the best stuff out there, irrespective of whether it's on your site or not.

This might seem counter-intuitive. If a reader leaves your site to go elsewhere, aren't you losing those ever-important eyeballs--and consequently your bill-paying ad impressions? In the short term, yes. In the long term, no. A site that declares, implicitly if not explicitly, "we know we don't have a monopoly on good information and interesting stories, and we want to help you find the best out there" builds trust. And trust these days is what builds loyalty. And loyalty is what keeps people coming back to your site. So you might lose a few ad impressions today by letting your readers go elsewhere. But that will more than pay for itself in the ad impressions you'll get in the future when they come back, because they've come to see you as the trusted source for news, wherever that news lies.

What's old-school about it

-- Not much.
(Though I'm not crazy about the green font -- It's hard to read -- But that's a nit. And it's just bad design, not old school -- It's OK. The Times folks will figure it out and improve later -- No need to get everything right the first time out of the gate.)

What else I'd like to see / What else I'd like to know

-- I'd like to know how the Times is choosing the links. Are editors hand-picking them? Or are they being automatically generated through some kind of bot?

One of the links listed under the Obama story in the image above takes you to a blog called Slog. That's cool. But who's "Slog"? If you told me the link to that site had been hand-curated, I'd have confidence it was worth my time. So would I if you told me it came from a bot built to find the best items out there. But right now, I'm wondering whether that list is randomly generated. If so, that's bad news. Not only would the list not necessarily be helpful, it could actually send me to a bunch of time-wasting stories. In that case, the value of the list would plummets and the Times would lose my trust as a reliable source of good information. Lose my trust, and you lose my loyalty.

-- I'd like to see a behind-the-scenes blog from the experimenters at the NY Times, sharing with us what they're doing, why they're doing what they're doing, and what they're learning from it. They could answer the above question in that blog, for example. They could also report back on how readers are using Times Extra. How many people who try it stick with it (as opposed to convert back to the regular Times home page)? Which links seem to invite the most clicks? How quickly do people who leave come back?

Many companies already offer these kinds of behind-the-scenes looks. The Google team has one. So does the Google Earth team. In fact, Google has a whole slew of behind-the-scenes blogs for people who want to look under the hood at what the company is doing. The NY Times -- and indeed all journos who are experimenting with new forms of collecting and disseminating news -- should have blogs reporting on their efforts. It's the only way to speed up our collective learning and turbo-charge the innovation we need to in order to save this business of ours.

Wednesday, November 12, 2008

NYT "If You Were President" game: An assessment

The New York Times has created this cool "If You Were President" tool where you can vote on who you should think Obama should appoint to various cabinet posts.

What's "future of news"-y about it:

-- It's fun. The news doesn't have to be serious. Yes, choosing cabinet secretaries is serious business. And most of the players appear to be making serious choices. (Daffy Duck has yet to make it into the rankings.) But anything a reader can play with is fun. And fun is good--for building brand loyalty and generating return visits.

-- It's putting control in readers' hands. It moves away from the old school "we tell, you listen" mindset and invites readers to participate.

What's "old school" about it:
-- It doesn't go far enough. Why aren't they taking a
Fantasy Football approach to this? Why don't they let people create individual accounts, so they can "own" their teams? Why don't they let people debate the pro's and con's of each candidate? Just imagine the discussion it would generate. That's a huge missed opportunity to score return visits -- and multiple ad impressions.

Good on the New York Times for going beyond the text-only mindset. But come on guys. Let go completely. Put it in the readers' hands and let them go wild.