Media industry at the age of new media

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Media Industry In The Age Of New Media December, 2008

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Transcript of Media industry at the age of new media

Page 1: Media industry at the age of new media

Media Industry In The Age Of New Media

December, 2008

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“The media will change as consumers will look for other sources of information…”

(Ira Magaziner)

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Convergence - Once Digitalized, Always Interacting

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Participation – Fueling Digital Communities

Collective Intelligence

Open Platform

Rich Media Content

Striving Digital Community

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Participation – Interacting With Traditional Media

Commenting, blogging and spreading content in social networks.

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Participation – The Key For Newspapers’ Survival?

18 out of 26 of the features are related to participation.

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Citizen Journalism – Outsourcing News Production

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Citizen Journalism – Elite or Common People?

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Citizen Journalism – Can We Impose Ethics?

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Citizen Journalism – Immediacy Over Quality

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Citizen Journalism – Becoming Main Stream Media

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Working Environment - Media People On The Move

Culture figures

Higher mobility withinthe sector

Short term and freelance contract employment

Working around the clock 24/7/365

Urban resident

Mix between working space and private space

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Commercialism – Survival Of The Fittest

Free content

Catch all ads

Pay Per View

Paid subscription

Contextual and targeted

Pay Per Click

Reformed Business Model

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Commercialism – The Long Tail Theory

Addressing smaller crowds with niche products.

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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Changes In Media Industry

- Convergence- Participation- Citizen Journalism- Working Environment- Commercialism- The New Media Consumer

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The Media Consumer – Threat Or Opportunity?

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The Media Consumer - Demand For Bite (or byte) Size News

News aggregators for the monitorial citizen.

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The Media Consumer – Active Producer Of Media

User Generated Content & social media platforms

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The Media Consumer – Not Passive Anymore

If you won’t let them participate they will take it anyway.

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The Media Consumer – Internet Killed The Video Star

The list of priorities had changed.

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The Media Consumer – It Is All About Mobility

The content you receive depends on The content you receive depends on your positionyour position..

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The Media Consumer – The Effect of Crowed Sourcing

They are not mass audience, but individuals and communities and their ability to influence greater than we think.

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The Media Consumer – Know The Price Of Free

They might hate ads, but not enough to pay to avoid them.

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The Media Consumer – Prime Time, All The Time

They decide where, how and when to get their content.

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The Media Consumer Is You

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Thank You.

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Connection Info:Omer Rosenbaum, Sundsvall, SwedenEmail: [email protected]: (+46) 076.566.1028