Q Media Labs Can media producers adapt and lead, or will they disappear as we move out of...
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Transcript of Q Media Labs Can media producers adapt and lead, or will they disappear as we move out of...
Q Media Labs
Can media producers adapt and lead, or will they disappear as we move out of journalism’s Ice Age?
Can media producers adapt and lead, or will they disappear as we move out of journalism’s Ice Age?
Q Media Labs
Any media organization that wants to survive must address four issues:
www.themediaconsortium.org/thebigthaw
Q Media Labs
New & Emerging RealitiesThis chart pinpoints key industry changes that are shaping tomorrow’s media.
Q Media Labs
writing/ producing
publishing & broadcasting
distributing
Content owners
Paid marketing,
sales & fundraising
staffPaid suppliers
consumption
SubscriptionSingle-pay
Public radio/TVGranted
broadcast licenses
Nonprofits granted tax
breaks
selling other products
philanthropy or government
creative agencies
advertiser
media planning & buying
Journalism’s Old Value ChainThis chain is delineated with clear roles and exchanges of value.
Each link in the blue value chain represents a role that a media organization might play.
Green represents funds or subsidy support
Q Media Labs
But the value chain has changed.
• What role do we play in the value chain now?
• How could our role become most
valuable to our communities?
• Is it best to focus primarily on one role or integrate many roles at once?
Q Media Labs
Each link in the blue value chain represents a role that a media organization might play
Source: compiled from interviews. The new value chain is a working model based on observed industry dynamics.
combining&
sharing
writing/ producing
retrieving
& storingcontent
publishing
SearchDiscovery
Cloud ComputingE-readers
connecting
CommunityConversational marketing
In-person events
making impact
Social changePolicy
change
distributing/
aggregating
Offline & online
Convergence
(cross platforms & devices)
Content owners
Increasingly includes
“Journalpreneurs”
Content owners
consumption
Subscription &
Single-payMicropaymen
ts
selling other products
philanthropy or government
advertising
volunteer & open-source labor
New value chain (working model)
Green represents funds or subsidy support
Q Media Labs
II
IIV
III
Big Thaw Recommendations: Four Decisive Moves
CHANGE INTERNALLY
New models will most likely come from new players.
INCREASE EXPERIMENTATION
Greater Experimentation will win.
LEVERAGE UNIQUE ROLE OF CONSORITUM
Standing together will be more valuable than working alone.
BUILDING AUDIENCES AS COMMUNITIES
Decentralized communities will create the greatest impact.
Changing
internally
Incr
easing
expe
rimen
tatio
n
Build
ing
audi
ence
s
as com
mun
itie
s
Leveraging unique
role of a consortium
Q Media Labs
The Media Consortium is a network of the country’s leading, progressive, independent media outlets. Our mission is to amplify independent media’s voice, increase our collective clout, leverage our current audience and reach new ones. We believe it is possible and necessary to seize the current moment and change the debate in this country.
Download or purchase your copy of this study at:www.themediaconsortium.org/thebigthaw