Showing posts with label Hispanic Newspapers. Show all posts
Showing posts with label Hispanic Newspapers. Show all posts

WHAT IF NEWSPAPERS DIE ?


The current issue of BrandWeek touts the results of an AdWeek Media/Harris Poll that suggests that, while newspapers are read both online and in print by a majority of adults, paying for online content is not in the cards.

The newspaper industry has unfortunately created an appetite for free online news content in an effort to generate traffic for their websites. As more eyes landed on the their sites and as aggregation sites began to re-publish news content, the model began to backfire as newspaper circulation and online cpms dropped. It became a lose-lose combination.


A recent study released by the Pew's Center Project for Excellence in Journalism paints a picture that goes a long way to support Rupert Murdoch's efforts to raise a pay wall for online newspaper content. The study suggests that while the news landscape had expanded considerably through online channels, most of what the public reads and learns is overwhelmingly driven by traditional media -- primarily newspapers.


What happens if newspapers die?


To quote from the
study ..."The questions are becoming increasingly urgent. As the economic model that has subsidized professional journalism collapses, the number of people gathering news in traditional television, print and radio organizations is shrinking markedly. What, if anything, is taking up that slack?"

Until such time that circulation and advertising can support the online models (unlikely), only a payment for content model will keep the information flow from drying up. If we do not wake up and pay for content origination, we are doomed to a Twitter-like world and information without substance.

NEWSPAPERS -- A HARD HABIT TO BREAK

 











For the last few years, newspapers have borne the brunt of declining fortunes while their circulation erodes as quickly as the sands on a beach facing a tsunami. But the reality is far from the perception that newspapers will disappear.

A recent study by Scarborough Research points to a healthy print/internet readership that will remain a media force for some time to come.  Aggregation news sites that include the likes of Drudge and the Huffington Post, while performing well, are not hurting strong newspaper options.

Among results from the study ....

74% of the adult population read newspapers in print or online

79% of white collar adults read newspapers in print or online

82% with household incomes over $100k read newspapers in print or online

84% of college grads read newspapers in print or online each week

While circulation drops are real, audience readership has not registered the same declines and is holding up well in spite of increased media fragmentation.

The longer term solution for the survival of newspapers appears to be a business model that fully embraces the online potential with a web-first publishing format.

The multi-cultural publishing base is also benefiting from a strong reader loyalty -- especially among the Latino community, 49 million strong, representing over a trillion dollars in purchasing power and growing at a rapid pace.

Spanish language newspapers enjoy 50% more readers per copy than mainstream English-language papers according to the National Association of Hispanic Publications. Contrary to current consciousness, Hispanic youths are loyal to their Spanish-language papers preferring entertainment and political sections. 

Marketers take notice ....It is estimated that 82% of Latino's read and share their paper with a least one other person.

Not too shabby for what is perceived to be a declining market.