My local business weekly, the Pittsburgh Business Times
, last week launched a total revamp of its traditional and new media
platforms.
We’ve all seen this kind of thing before. A newspaper or magazine redesigns its
graphic format and then to as much fanfare as it can generate, unveils the new
look as a whole new variation of the publication.
Because news consumers see “re-launches” of media channels
so often, they tend to be de-sensitized to what the Pittsburgh Business Times
did, and what it represents to the current direction of media.
This situation is different.
So here’s what the Business Times has done.
Management went back to the drawing board and used focus
group research as its guide.
Organization leadership abandoned any pre-conceived notions of what the
publication needed to do and queried its readers, digital users, subscribers
and news consumers in general.
What the organization found was that digital media has not
so much replaced print or other traditional media as it has added another
useful layer. However, its emergence has
forced the more traditional forms of media to focus on their unique value.
To more fully appreciate this, I will lay out the
conventional view of media:
1.
Broadcasting
– TV and Radio – is considered most immediate. When a news story breaks, traditionally, a
radio reporter was first on the scene and thanks to telephone technology, could file
the most immediate report. Later, satellite
technology and helicopter cams gave TV the edge because of immediacy, resources
and, of course, pictures. Subsequent use
of mobile communications technology have changed things even more.
2.
Print
Dailies were considered less timely than broadcasting. But thanks to their large newsroom staffs and
the ability (or luxury) to assign beat reporters, they became the news resource
of record and could be counted on to provide perspective to breaking news
within a 24-hour news cycle. This gave
newspapers more gravitas than broadcasting.
3.
News
Magazine weeklies and monthlies took the newspaper advantage one step
further. They had large, accomplished, sometimes renowned staff members. Celebrities in their own rights. They had the time and resources to develop
comprehensive features and provide perspectives that neither broadcasting or
newspapers could. When you read a news
magazine, you get provocative thinking, excellent writing and superior graphics
and photography.
This model of media coverage has stood for decades - that is
until that last few years when the Internet entered the picture.
When the Internet first exploded on the scene in the 1990s,
blogs made an impact. Terms like "citizen journalist" became commonplace, as individual bloggers with no more
journalistic training than knowing how to use a computer weighed in on
politics, business, hobbies and any number of topics. The influence of both the blogger and the
Internet created a new form of competition for the news consumer’s
attention.
While this made a dent in the news media business, the
Internet was not done.
It seems that just as blogging started to flatten out with
blogs losing their punch due to an increasingly cluttered marketplace, social
media emerged, and that changed everything once again.
Combined with this is the development of sophisticated smart
phone technology that literally put the power of a full computer in the pockets
and purses of news consumers.
Blogs and other forms of Internet content have led to the
term “content is king,” which is to say that now we are beyond clutter. Information is everywhere – sourced everywhere,
accessible everywhere in real time. We’re
now becoming accustomed to living our lives in a sea of information that we tap
whenever we want.
Against this backdrop, it’s almost ironic that newspapers
would fade. How, in an era, where news consumers demand more and more information,
could the gatherers and repositories of the largest amount of that information
be struggling?
The short and most simplistic answer is that industry
leadership has not been able to get past the fact that paper as a medium is
fading but not the need for information.
That’s what makes the Business Times’ recent project so
interesting. Here’s what they found as
explained in the overview
provided by the Business Times’ publisher Alan Robertson:
·
Readers still see the Business Times as a
“primary source of local business news.”
·
Digital users increasingly “rely on our Twitter
feed and email newsletters to keep them up to date.”
·
Subscribers spend as much as 45 minutes reading
the physical newspaper and prefer to “get their news once a week. They’re looking for the answer to the
question: What does it mean?”
·
News consumers are “switching platforms at least
20 times a day – from mobile to desktop to tablet to print.”
That last bullet point almost sums it up. News consumers are media channel
agnostic. They aren’t simply moving away
from print to digital. They are moving back and forth with extreme
frequency. What’s driving their movement
has more to do with where they are and what they need to know or want to know
at any given moment. Instant access is
now assumed.
So, that conventional model may not have changed as much as
media watchers think. Newspapers still
have their place, as do magazines, but there are a few new layers in play. And those layers are driving the change.
Smart media organizations like the Business Times now have a
better understanding and have made certain organizational changes to meet the
needs of the marketplace.
The Business Times' news delivery structure involves all
platforms and a commitment to “supplying continuous content.” Not just hourly, daily or weekly –
continuous.
As Robertson says, “News will break first digitally, on
Twitter and at your desktop; online you’ll read those stories that matter to
you just after our reporters learn about them.”
Of course, the Business Times, like other print
organizations, have incorporated video into their digital platforms, so they
are now wading into the same arena as that formerly owned by broadcast
organizations.
As for the print edition, the newspaper said it will explore
new reporting approaches where reporters are branded by their beats. The newspaper will focus on more in-depth
reporting and features you can’t get anywhere else. The goal here is for such stories to “set the
agenda for community discussion on a variety of topics.”
This may not sound new to you, but what’s critically
important here is that a news organization restructured itself around news
consumer patterns. So, rather than simply let the news consumer pick and choose its sources at random, this news organization has best positioned itself to meet all of those needs, at least in its niche as a regional business news resource.
If there is a moral to the story it is to the news
organization’s credit that it left its ego at the door and challenged itself to
be what news consumers want it to be. In doing so, I think it has become a model for other news organizations rooted in a print heritage and working to find their way in this digital era.