The document discusses the challenges facing traditional media from disruptive technologies. It notes that newspaper sales are declining while new platforms like Facebook and Google are becoming major drivers of traffic. This has created the need to understand new trends, explore revenue streams, and harness new technologies while maintaining ethics. The future of publishing may require adapting cultures, becoming more efficient, embracing digital strategies, and seeking new partnerships for content. Overall, disruptive technologies are driving an evolution in the media landscape rather than a revolution.
1 of 13
Download to read offline
More Related Content
ELPUB_2015
1. The modern days challenges
of disruptive tech:
A case of evolution rather
than revolution?
Adrian Hillman, Group Managing Director, Allied Group
Donald Tabone, CTO, Allied Group
September 2, 2015
3. The Trends
Traditional newspaper sales are down
Information overload
Plenty of new ways to digest news
Time-is-money mentality
The expectation that news is free
News is expected to be available on-demand
Sensationalism always triumphs at the cost
of ethics
4. The Challenges..1
Understanding the trends
Gathering intelligence
Analytics, BI, Online Behaviour Analysis
Exploring & creating new areas of
revenue
Harnessing new tech as media platforms
Keeping to ethics in publishing
6. The Challenges..3
Facebook, Instant Articles
Instant Articles lets [publishers] deliver fast, interactive articles
while maintaining control of their content and business
models Facebook's Chief Product Officer, Chris Cox
Mark Zuckerbergs long stated company goal is to build the
perfect personalized newspaper for every person in the
world."
Source: http://media.fb.com/2015/05/12/instantarticles/, http://mashable.com/2015/05/13/facebook-instant-articles/
7. The Challenges..4
Facebook in this situation "is a bit like that big
dog galloping toward you in the park. More
often than not, its hard to tell whether he
wants to play with you or eat you., the late
David Carr, NY Times
Source: http://www.nytimes.com/2014/10/27/business/media/facebook-offers-life-raft-but-publishers-are-wary.html
8. The Challenges..5
Google, Digital News Initiative (DNI)
93 participants, 8 founding partners
The goal is to encourage a more sustainable news
ecosystem and promote innovation in digital journalism --
through ongoing collaboration and dialogue between the
tech and news sectors.
1. Product development through a product working group
2. Supporting innovation in digital news
3. Training & research into the changing media landscape
Source: http://www.digitalnewsinitiative.com/
9. The Stats..1
Google is still the most-visited website in
the world, however
FB is the #1 driver of traffic to media
sites (43% FB vs. 38% Google)
FB user base is now 1.49 Billion!
#1 content distribution platform
FB accounts for about 7-10% of all traffic
to www.timesofmalta.com
Sources: http://parse.ly, http://mashable.com/2015/08/19/facebook-traffic-news-sites-google/
10. The Stats..2
In 2025, it is likely that there will be few, if
any, printed daily newspapers , Ken
Goldstein, Canadian business analyst
Sources: http://www.poynter.org/news/mediawire/368793/an-experts-forecast-canada-will-have-few-if-any-print-newspapers-by-2025/
http://media-cmi.com/downloads/CMI_Discussion_Paper_Digital_Divides_082015.pdf
What is the future of publishing?
.. perhaps it is time [..] that support of journalism should also have
high priority as a parallel concern of public and private policy.
So it begins: The 10 year race against time & tech to preserve
brands and develop new economic bundles in order to
maintain the current journalistic scope..
11. Our Call To Arms
Adapt company culture
Becoming leaner and meaner
Enhance process and work efficiency
Embrace a digital-first strategy
Respond to trends & embrace tech.
Seek win-win alliances for new IPs
Evolution Revolution!
12. Conclusions
Culture is probably the biggest challenge
New business models
Evolution sometimes means revolution
Disruptive tech is here to stay
Some of our values are at risk of being
diluted
Thank you!
13. The modern days challenges
of disruptive tech:
A case of evolution rather
than revolution?
Adrian Hillman, adrian.hillman@timesofmalta.com
Donald Tabone, donald.tabone@timesofmalta.com
September 2, 2015
Editor's Notes
#6: Uber
Worlds largest tax company owns no taxis
AirBNB
Largest accommodation provider owns no real estate
Skype, WeChat
Largest phone companies own no telco infrastructure
Alibaba
Worlds most valuable retailer has no inventory
Facebook
Most popular media owner creates no content
SocietyOne
Fastest growing banks have no actual money
NetFlix
Worlds largest movie house owns no cinemas
Apple & Google
Largest software vendors dont write the apps