What context did Tom Curley and his team face in February 2000?
Tom and the USA today team faced a new rapidly developing internet information boom. News was not just becoming accessed more by digital sources, but it was being created or changed into digital sources of information. The internet had created, in the context of the news industry, a disruptive outlet to the newspaper production, sales, and distribution. Whole new infrastructures and business strategy focused on web design, rapid information updates, media outlets, and becoming more up to date with the current technological trends in news, information, and communications. With that, Tom realized that the business expand and use its core competencies in content distribution into three formats, which would allow USA today to impact different market segments with one of three particular product/service changes. With the new divisions, the overall strategy would need to become more ambidextrous to guide and coordinate the branches under a single
Why were Dave Mazzarella and Lorainne Cichowski been so far apart?
Mazzarella comes off as being an “old school” and very seasoned manager and reporter in the news industry. Mazzarella is extremely skeptical and critical of the strategy to combine multiple news delivery news methods via online sources with the newspaper. He appears to not be willing to evolve the business into the new technological market, and instead stay in the physical news and media outlet where the
In an article entitled “NPR Chief Faces Need for Repairs” by Elizabeth Jensen we are introduced to the views of the president/chief executive of NPR Gary E. Knell. Knell is described as “He always has a vision of what he thinks the company should be. And he has a dynamic personality, very dynamic. He’s a super salesman. He represented a radio broadcaster looks to expand in the digital arena...” (Jensen 4). These are the qualities that are needed for NPR to be successful in these changing times. NPR needs to expand into the digital arena. It gets a substantial chunk of its money from dues from member stations. This creates a problem that makes it slightly difficult for them to transition to the digital arena, because the more they
Clay Shirky who wrote Newspapers and Thinking the Unthinkable (1993) argues that society doesn’t need newspapers society needs journalism to save society. Shirky supports this argument by giving a historical background to the problems newspapers face and how the problems have developed over time and the solutions society has came up with. The blogger concludes that in order for journalism to go farther new models must be created in place of past molds. Shirky directs this blog toward the current and future generations in attempt to motivate new models and methods of journalism.
In the late 1950s and into the 1960s responsibility played a large role in how news was distributed. Three television networks, ABC, CBS, and NBC, were among the outlets with formally trained news anchors who brought forth a sense of unity in the country. But, as the years progressed and people began to develop special interests, the ways news was relayed transformed (Turow, 1997, p. 40).
My desire to serve the public has been reflected in my media career, during which I’ve provided relevant and accurate information to thousands of readers. I’ve developed a rapport with a variety of information sources and customers with unique and often conflicting demands and interests. I’ve enthusiastically learned the nuances of many subjects, and I can similarly develop in-depth knowledge of Legacy’s services and policies.
On its debut in 1982, USA Today was reckoned as America’s first National general-interest daily newspaper. Being the global information juggernaut that he is, Gannett managed to identify a gap in the market that he identified as an opportunity for the leading to-be newspaper of the united States. The opportunity was the void gap in the market. Attention to the business traveler was the least attended to
Problem Statement: The advent of internet brought about both challenges and opportunities for the newspaper industry. On one hand, it required redesigning a new product suited for online customers and on the other it was an opportunity to reach to 123 million potential customers in this category. Thus to keep up with the pace of emerging digitization in every field, like all newspapers, New York Times also added online reading in their product portfolio. However it only worsened the crisis the newspaper was already going through. The operating profit declined by more than 76% from 234Mn$ in 2010 to a mere 57Mn$ in 2011. The circulations were steadily declining and the new online advertising could not compensate for print advertising
The New York Times, as well as every other newspaper and magazine around the world, is struggling to find the best way to transition from traditional print to the digital space while still maintaining a profitable business. The current solution for the largest local metropolitan newspaper in the United States is a paywall, which requires readers of online content to pay for a digital subscription in order to have access to the site after a fixed monthly allowance of 20 articles. However, this pay metered method has been tried by the most popular American newspaper website before and the question is whether or not this strategy can help The Times evolve
The newspaper industry is undergoing a radical change in three primary areas caused by technology. First, the underlying two-sided business model is changing. With the Advent of internet, news content is easily and freely available from various sources but lacks quality journalism and credibility. Revenues from online advertising are not large enough to compensate for decline in revenues from print advertising & subscription. Newspaper industry is experiencing new realm of new content delivery and in process of understanding and establishing sustainable sources and
USA Today is a well-known newspaper company who dominates print news in the United States. Currently reaching nearly three million readers, USA Today has climbed their way to the top by evaluating and consistently re-evaluating their strategies to maintain and grow their consumer base, which consists of businessmen, professionals, and politicians (About USA Today). One of their greatest strengths is the wide range of their distribution. USA Today distributes newspapers in all fifty of the United States as well as parts of Canada and the United Kingdom (About USA Today). Their content is styled in an easy to read and understand way, making it more desirable to their readership versus other competitors’ newspapers. The company has established a well-recognized design for their newspaper, making it stand out among its competitors. USA Today is a “go-to” choice for consumers who daily read the newspaper.
Q4. Briefly identify external factors that have impacted newspaper industry in the past 20 years. How have diversification and differentiation strategies sustained business growth for the HKET group?
Now, with the advent of the internet greatly transforming the information-gathering sector, the newspaper industry is fighting a tough battle for profitability.
The Chronicle Gazette is one of today’s leading newspapers in the United States, with a circulation of 225,000 customers. Over the past few years, it has been facing a steady decline in its customer base and revenues. This is mainly due to the increase of people using the internet as their means of gathering news and information. The
What was astonishing was not the rapidity of the news- that is, after all, the beauty of modern broadcasting technology- but the effect that the news had on the public. In the following weeks and months, story after story demonstrated the
The internet and social networking sites have given traditional media outlets an audience beyond their once limited geographies. For example, take the Boston Globe.
This research has been conducted due to the fact that some researchers have claimed that “journalism is dying” whilst others have argued that “journalism is not dying but is simply evolving” (Blatchford: 2014). This has been a much contested debate triggered by the decline of news circulation from traditional news sources i.e. newspapers, television and radio together with the technological advances of the internet and social media (Cub Reporters: 2010). This has raised many questions and firstly, this dissertation will assess whether the rise of social media has led to the decline of news circulation from traditional news sources. Secondly, this paper will look at what the advantages and disadvantages of using social media as a news distributor are for professional journalists and the general public. Lastly, this study aims to investigate