We've launched a new website and are moving the blog. To get our thoughts in the future, please click here: https://bit.ly/PRBackTalk.
Thanks for your readership and interest. We will continue to post articles about PR, social media and journalism.
Insights and attitude about PR, journalism and traditional and social media.
We've launched a new website and are moving the blog. To get our thoughts in the future, please click here: https://bit.ly/PRBackTalk.
Thanks for your readership and interest. We will continue to post articles about PR, social media and journalism.
Several years ago, as regional newspapers began shutting down in droves, the smart money was that hyperlocal media would not survive, it would thrive. As we wrote in "The Prospect for Hyperlocal Continues to Look Good -- But Can It Capture the Ad Market?" back in 2009!, the reason was "because while there will always be sources for national news, people still want local news."
Many top national media wrote about the gleaming prospects for hyperlocal media. For example, Fast Company wondered: "Can Anyone Tap the $100 Billion Potential of Hyperlocal News? Community-driven news services have been the next big thing online for years. Can The New York Times or AOL find the $100 billion local-advertising pot of gold?"
So we weren't alone in thinking that hyperlocal would survive a meltdown among local media. After all, there are many competing sources for local and regional news but generally only one voice for hyperlocal media.
(By the way, it's worth pointing out that the subhead in the Fast Company article references AOL -- as an example of how much may have changed since 2009.)
We have a nonprofit client for whom hyperlocal is critically important to their work so we've been paying close attention. Over the past year, there's been a lot of cutbacks in hyperlocal media. The problem isn't interest in or support of hyperlocal media from readers. In many cases, the subscribers still want hyperlocal news but the economics outside the community remain terrible.
That's in part because newspaper chains like Gannett borrowed billions to acquire hyperlocal media to generate growth only to find out they had taken on too much debt and needed to make cutbacks.
Lots of cutbacks. According to a Boston Business Journal article, "Northeastern professor Dan Kennedy... referred to the latest round of layoffs as a ‘bloodbath.’ The company has closed at least 19 Greater Boston weeklies this year and has replaced much of the local coverage with regional stories."
The BBJ further noted "80 terminations across more than 50 newsrooms — but the
full picture of what local readers across the country lost has yet to emerge."
19 community weeklies closed = news deserts?
That doesn't include layoffs at other hyperlocal papers, which has led to fewer reporters having to cover larger territories. That has led to fewer hyperlocal news and feature articles, which have been replaced by regional trend articles. A recent example: a look at the wobbly post-COVID locally owned restaurant market (as opposed to fast food chains) actually didn't quote any hometown restaurateur; instead, the article provided quotes from owners from several different communities -- some of them that may be an hour away. While the article was still interesting, it was not hyperlocal. The benefit for the editors is that that single regional article was published in different hyperlocal papers. That's how understaffed newsrooms can continue to publish news. It's just not hyperlocal news.
And that means that communities are not getting the kind of hyperlocal information they want or expect.
They've been what's been called "news deserts," defined by the UNC School of Media and Journalism's Center for Innovation and Sustainability in Local Media, as "a community, either rural or urban, with limited access to the sort of credible and comprehensive news and information that feeds democracy at the grassroots level." News deserts are a problem because it means communities aren’t getting critical information related to civic life, government services, etc.
Once limited to rural communities, news deserts now include suburban communities and even larger cities where alternate weeklies have closed, affecting large parts of those communities.
The reason this is significant is that hyperlocal newspapers support their communities, the businesses and the nonprofits, the students and the seniors -- it helps bind communities.
Here's an example of how this plays out using Marblehead, the North Shore community in which we've maintained our global world headquarters because we've experienced some of the problem of a news desert.
We've been served by the Marblehead Reporter, a print weekly that has become thinner, with less hyperlocal coverage. Please keep in mind: we're not blaming editors or reporters; they're working under difficult conditions; but we do blame Gannett and hedge funds like the Alden Group that purchase newspapers and extract value while decimating the newsroom and the quality of the product.
We're also served by the Marblehead Patch, which seems to produce one actual news story about the community per day but does a better job of sending alerts than the Marblehead Reporter. The the email newsletter from the Patch makes it seem like there's a lot of new content but most of the newsletter features regional coverage. The Patch is good about fires, school closings, etc. -- which is useful information but we don't recall seeing a lot of articles that requires in-depth reporting about issues affecting the town. That would be information residents can't get elsewhere. (We can get school closing information from Boston TV stations, which post that information on their websites.)
With fewer hyperlocal news articles, residents tend to feel less connected. It also means that the paper is less important because some readers figure they don't need to read it closely because there's less info about the town -- replaced by more content about other communities (that they don't have time to visit).
As a result, Marblehead has three new initiatives to build hyperlocal media outlets. We hope they take hold but there are issues with all three.
When we started thinking about this blog, we did not realize there were three news startups trying to provide a variety of print and online news for a community of some 20,000 residents. That's kind of a problem since we're media junkies who live in the community -- so we know they're not having significant impact yet. But we hope that will change.
Right now, political candidates are getting the most attention but it will be interesting to see how this plays out. Will the Marblehead Reporter respond, and if so, how? (We assume the Patch won't be able to.) And we don't know how closely part-time journalists will be able to cover the community news and issues beyond fires, roadwork/construction issues, etc.
We're using Marblehead as an example but there may be similar efforts in other local communities. And we're not necessarily endorsing one of these outlets over another but we want them all to succeed in finding an audience and delivering news. Our point here is to continue a discussion about hyperlocal news sites and news deserts.
Let us know what you think about news deserts and news startups in your communities.
Given the state of politics, it's probably never been easier getting into a crisis and never more difficult to get out of one without alienating someone. Unfortunately, this became true for a client that had been in business for a decade or so, and, for most of that time, had the good luck of avoiding any crises.
We provided counsel to them, and compiled the following five lessons (some based on other observations):
Back on March 9, just short of two weeks into the Russian invasion of Ukraine, we posted a prediction that there would be a lot of coverage of what we began calling the Energy Crunch, and the need for clean energy. We first started talking about the need to improve battery technology and battery life and said that there would be a lot of coverage of gas and oil not just from a climate or economic issue but from a strategic perspective.
At this point, that may seem like a basic call, given Russia's role as a major supplier of gas and oil to Europe.
But the New York Times published an article about that topic on March 22nd, almost a month after the invasion began and nine days after our prediction. The print headline: "War Spurs Europe to Clean Energy" while the online headline read: "Will War Make Europe’s Switch to Clean Energy Even Harder?" Of course the Times had to do the actual research, conduct the interviews, cite sources -- when all we had to do was write, edit and hit submit. But we're proud that our prediction and subsequent validation shows we understand how the media works.
At the same time, we do want to note the tragedy that Ukrainians are going through. Individually and as a firm, we have donated to various causes to help relocate and support people whose lives have been permanently disrupted by Russia's invasion. We remain proud of several former clients that were either based in Russia and subsequently left that country or had significant number of employees in either or both countries and helped to get those employees out of the region. One former client, based in London, spent two weeks picking up Ukrainian families and driving them to places in Europe where they can be safe.
‘It’s devastating.’ As Boston-area weeklies close, towns ponder civic life without local news.
Gannett plans to fold or merge two-dozen print papers in Eastern Massachusetts in shift to more digital, and regional, coverage of local news.
We agree with that conclusion.
Here's a list of local papers whose print editions will close or be merged in May:
Keep in mind: these are not the only communities being affected. Gannett has been cutting costs, and staff for some time. Only three Gannett weeklies -- in Cambridge, Plymouth and Provincetown -- will retain dedicated staff. The others will share resources, as many Gannett weeklies have done for more than 18 months.
Here are some observations and lessons learned:
In the past several posts, we've written about thought leadership campaigns, comparing them to product PR and identifying five ways thought leadership can benefit an organization.
In this post, we wanted to identify ten of the success factors for conducting an effective thought leadership campaign:
One trend that we didn't highlight in our 20th anniversary list of predictions is climate change. The reason: because it's already something the media covers.
That said, the New York Times is bulking up its climate desk.
The latest addition is David Gelles, a longtime Times business reporter, who wrote its popular "Corner Office" column that interviewed CEOs. Gelles will now help cover "the nexus between government and the private sector."
According to the Times,
"David will examine the corporate influence on government action on all levels — federal, state and local — to reveal which corporate players are serious about mitigating climate change and which are just posing, or worse. He will report deeply to uncover actions and conflicts on the government side while also closely scrutinizing the role of companies, business interests and the financial sector."
In the past few months, the Times added:
Somini Sengupta has shifted to head up its Climate Fwd newsletter, which the Times said is "one of the most important ways we connect readers with our climate content."
Ray Zhong, who formerly covered Chinese technology for the Times and is currently based in Taiwan, now covers climate science.
Former culture reporter Cara Buckley now covers "the more quiet, human stories about how people around the globe are living on a warming planet."
Nothing has distorted our foreign policy, our commitments to human rights, our national security and, most of all, our environment than our oil addiction. Let this be the last war in which we and our allies fund both sides. That’s what we do. Western nations fund NATO and aid Ukraine’s military with our tax dollars, and — since Russia’s energy exports finance 40 percent of its state budget — we fund Vladimir Putin’s army with our purchases of Russian oil and gas.
It may seem obvious but we feel national security and the need to protect our environment are converging and that renewable and clean energy will continue to be an important trend.
At one point social media was supposed to lead to more transparency, which would result in more democracy.
That was the narrative, at least, framing the Arab Spring back in 2010 and 2011. The world's hopes were that pro-democratic protests -- including peaceful demonstrations, marches, occupations of plazas, non-violent civil resistance, acts of civil disobedience and strikes -- that started on Twitter would lead to the overthrow of Egyptian leader Hosni Mubarak, and that that movement would challenge other authoritarian governments in the region.
Mubarak did step down as a result of the protests. But, unfortunately, social media did not lead to more freedoms in Arab countries or anywhere else.
True, social media has impacted how most of us get and consume news. But the trend isn't pro-democratic, as evidenced by increased polarization, hatred and bigotry, and disinformation. Social media played a large roll with the Jan. 6th insurrection. So social media is decidedly not pro-democracy.
We mention this because of a recent New York Times article entitled "What Makes an Article Go Viral: Shares, posts and page views: we examine why an article spreads online." The article says "People share articles to strengthen social bonds." That certainly makes sense.
But that leads to a new question: why do people share the articles they do?
The answer comes from a 2012 study of over 7,000 Times articles that sought to understand sharing behavior. Researchers led by Jonah Berger, a professor at the Wharton School of the University of Pennsylvania:
Found that articles evoking high-arousal emotions like awe, anger, surprise and anxiety were more likely to go viral.
Those emotions are easily seen across social media. And of those four, we'd say anger, anxiety and surprise probably drive a lot of the posts we see when doomscrolling.
Those emotions are the ones that keep us not only up at night but engaged on social media even when we know we should stop. Those emotions keep us glued.
They are not helpful, and most of know we should stop doomscrolling.
But understanding what drives us to doomscroll and what makes us more likely to share articles and content that makes us anxious and angry may help us control what we're doing.
Interestingly while Twitter and Facebook allow you to complain about posts, often times it seems like they don't respond -- and we've seen jaw-dropping bigotry that gets let up on Twitter -- there's a suggestion that by enabling users to complain but then doing nothing to delete those comments, social media increases your anxiety and anger. And that keeps you engaged on their site. That's pretty cynical.
But the answer, perhaps, is to just not engage. Have a specific time limit or reason to go onto social media, and then disconnect.
Honestly, we could all use less anger.
Last week, we issued a secondary set of three trends we think will be important to note, in addition to the to the original 20 we issued back in January. Two of three are connected to the Russian invasion of Ukraine: media coverage about fighting disinformation and about the energy crunch (as a result of higher gas prices -- and both of those have been validated in media coverage that appeared after we published that blog post.
The third trend we identified was that the word "vibe" is trending. We don't exactly know why but we're seeing it and felt it worth discussing on our blog.
As it turns out, CNN and Axios this week validated our prediction by using vibe within the same 24-hour period.
In teasing up it's SXSW coverage, Axios said: "Situational awareness: Kerry is still at SXSW, which continues all week. More on the vibes and highlights of this year's conference below."
Meanwhile, CNN's Reliable Sources newsletter, an excellent source for media news, used the word in highlighting a New York Times opinion piece. Check it out here:
This NYT Opinion headline crystallizes the "vibes" of the moment: "There Are Almost Too Many Things to Worry About..." (NYT)
So we dug a bit more and found that New York Magazine wrote a story in Feb. headlined: “A Vibe Shift is Coming” by Allison P. Davis. Apparently, “Vibe Shift” originated in 8Ball, a Substack newsletter by Sean Monahan, who is known for coining normcore fashion -- something that had nothing to do with Birnbach Communications president Norman Birnbach, despite some people's assumptions. Here's how Davis describes it: The concept behind
A vibe shift ... is that In the culture, sometimes things change, and a once-dominant social wavelength starts to feel dated. Monahan, who is 35, breaks down the three vibe shifts he has survived and observed: Hipster/Indie Music (ca. 2003–9), or peak Arcade Fire, Bloc Party, high-waisted Cheap Mondays, Williamsburg, bespoke-cocktail bars; Post-Internet/Techno Revival (ca. 2010–16), or the Blood Orange era, normcore, dressing like The Matrix, Kinfolk the club, not Kinfolk the magazine; and Hypebeast/Woke (ca. 2016–20), or Drake at his Drakest, the Nike SNKRS app, sneaker flipping, virtue signaling, Donald Trump, protests not brunch.
The idea is that we're now in a post-pandemic vibe shift, and that may be why the word "vibe" is seeing a resurgence not seen since the 1970s.
Will "vibe" survive the "vibe shift"? We think it will because it seems clear there's a lot of societal change.
We recently wrote about the difference between thought leadership and product PR. But we want to provide additional insight into why thought leadership can help your organization.
Thought leadership is generally focused on educating the market on a key issue that's relevant to customers. It's not necessarily about pushing product or directly promoting the organization. Instead, it's about enhancing awareness and perception of the company.
While we know that in the current environment, budgets are such that C-Suite executives are looking for bottom-line results, we also know that thought leadership can breakthrough the sales and marketing noise. For example, one time, a CEO asked us to pitch them. They had a very focused market, with about 100 customers. They had a strong sales team that was hitting a wall. At one point, the CEO asked us, "Why should I hire you, and not just bring on board one more sales rep?" Our answer, respectively given, was this: "You said you know who your customers are and in some cases, they don't return your calls or engage with your sales reps. One more sales rep would be just another person trying to sell customers who aren't interested. But with thought leadership, you might be to get those customers interested by showing how you understand their issues."
So, here are some ways thought leadership can help.
Earlier this week, we issued three additional predictions for trends the media will cover in 2022:
We don't usually add new trends to our list after we publish our annual set of predictions. But 2022 is turning out to be more unusual than we had hoped.
The good news is that -- right now -- Covid infections seem to be declining. The bad news is the Russian invasion of Ukraine. Which is likely to get more horrific.
One of the cliches of war reporting is the phrase "fog of war," meaning it's hard to report with the usual clarity in a war zone. Complicating reporting -- which is necessary and important for people outside Ukraine to understand what's happening inside that country, and to mobilize and frame a response to it is the disinformation, some of it inadvertent, most of it intentioned, around what's happening.
As an example of inadvertent disinfo is a story about a Ukrainian grandmother who took out a drone by throwing a pickle jar from her balcony. Turns out the can of destruction didn't contain pickles. It contained tomatoes.
Examples of intentioned disinfo are too many, and we don't want to give them attention. That's part of the problem with disinformation or propaganda: repeating them increases the likelihood that the algorithms and search engines pick up the disinformation, making it harder to refute.
So, the first of our additional trends is not the rise of disinformation. We've been dealing with that for the worst part of a decade (if not longer). It's that we're seeing the impact of disinformation, and need to find a way to fight against disinformation.
In Russia, where journalism has been outlawed, the New York Times and others have sent reporters home. CNN and the BBC are keeping bureaus open but are not currently reporting from Russia. That country has also cut access to social media platforms -- to which one late night host complained that he wished we could be cut off social media in the U.S., too. But Russians inside the country have no access to what's happening in Ukraine.
We expect to see more coverage about the impact of disinformation and what the U.S. can do to minimize disinformation. A key suggestion from a guest essay in today's Times: "Fighting Disinformation Can Feel Like a Lost Cause. It Isn't," which suggests that we "Teach kids how to assess not only the reliability of the specific information they’ve found online but also who published it and for what purpose." That would be important not just for kids but for all of us.
The second additional trend involves batteries, whether we're talking about batteries to power electric cars or battery life in general. We expect more coverage of the next generation of batteries that need to be cheaper, charge faster, pack more energy, be cleaner, smaller, etc.
The major factor behind this interest is the move to boost production of electric cars while reducing the number of combustion engine cars on the road. China and the U.S. have issued expectations for when all new cars will be electric.
There's also a secondary factor in a heightened interest in electric cars. Rising prices at the gas pump. As everyone now knows, Russia is a major supplier of oil and gas to the West, and that means the West is helping to fund an invasion it opposes and also means the West could be vulnerable to not getting enough oil if the invasion continues over the long haul.
So we expect to see more coverage looking at the impact of rising gas prices, alternatives to oil and fossil fuels, renewable energy, especially for cars.
Okay so this has been a rather heavy look at war-related trends.
There's another trend that is easier to take.
We think that "vibe" will be a heavily used word in 2022. We're not sure why. But we've been seeing the word every day in different news outlets and social media. In fact, it's been hard to avoid the word vibe. We did a Google Trends search, and Google does not show an increase in the use of vibe. But we feel it. The Times published 18 stories that included the word over the past week, including music and art reviews and style columns -- which makes sense. But vibe was used in an obituary, a climate article, a business article and several real estate articles. Even the Wall St. Journal published eight articles over the last week that included "vibe," and we wouldn't have thought the Journal would be so open to vibes but the word was included in articles about design, food, and music as well as a sports article, a look at hybrid work, campaigning in India (though this appeared in the Journal's whimsical A-Hed column), and a look at the fallout of war.
So Google isn't confirming this trend. But it feels right to us.
Let us know what you think.
Thought leadership combines multiple elements including:
We will be writing more about thought leadership over the next few months. In the meantime, let us know if you have any questions by emailing us at info@birnbachcom.com.
First, our hearts are with the people of Ukraine. We pray for their safety and for a quick resolution.
While we're seeing harrowing footage of Ukraine, we think it important to acknowledge the bravery not only of Ukrainian people -- which is significant -- but also of the journalists who are reporting on the war from inside war zones.
We think it shows the importance of accurate information -- even with the "fog of war" -- about what's happening. It shows why it is important -- vital -- to have functioning, independent news media operating in Ukraine and the U.S. and elsewhere.
When the only media available is state-owned, you have what appears to exist in Russia: only propaganda. You don't have a necessary check on power that media can provide, whether local towns and communities, cities and states or countries.
Some social media has been helpful but there are lots out there that may be bots and others intentionally or not, posted misinformation.
We generally stay away from politics but we wanted to make a point about the need for credible, researched and edited journalism.
Again, the news about Ukraine is upsetting, and we have as an agency made a donation to a respected NGO to provide humanitarian support for people in Ukraine. We hope talks currently underway are successful and that peace returns to Ukraine and the Russian military returns to Russia.
In our predictions for 2022, we said that traditional print publications will be cutting back on the number of print issues due to the costs involved.
We pointed to Forbes (used to publish 26 issues, now six), Fortune (24, now 14), Fast Company and Inc. (12, now six each) or Bloomberg Businessweek (50, now 45).
Then we found out that Gannett is stopping Saturday print editions at 136 of its newspapers nationwide.
Then we found out that Entertainment Weekly, InStyle, EatingWell, Health, Parents and People en Espanol will stop publishing print publications in April.
Now we found out that the New Yorker is touting its first digital-only issue, saying:
This week, in our first-ever digital issue, we bring you a collection of fresh interviews with leading figures in politics, literature, and the arts, conducted by an array of staff writers and contributors. We’ll publish new pieces each day, so we hope you return to us throughout the week.
They sent this in an email to subscribers who signed up for the newsletter. But not everyone who subscribes to the magazine also signed for the newsletter, so there could be a significant portion who don't know what happened to their print edition.
One quick point about the number of issues the New Yorker is publishing this year, and that there's some doubt to how many print editions there will be. The New Yorker used to be a weekly, meaning 52 issues per year. If you look online, an annual subscription covers 48 issues but elsewhere, we saw that the New Yorker says it is published "weekly except for four planned combined issues, as indicated on the issue's cover, and other combined or extra issues." But other places report that the New York actually publishes 47 print issues. So that's a cutback, even if not to the degree of Forbes or Fast Company.
Since the average reader of the New Yorker is aging -- its average age in 1980 was 43 and 46 in 1990 but is now 47 in 2009, it's a safe assumption that its readers are aging and probably are not expecting to have to go online to read this week's double issue. We think that some readers will be relived that there's an issue they don't have to put on a stack somewhere, unread. But others may not know that they must go online.
But the real significance of the shrinking number of print issues is that some readers -- mostly the older readers -- will be left behind without their print editions. I'm not talking about people in waiting rooms having nothing to read that week. We know that avid readers of any of the publications we've mentioned allocate time to read those magazines. They will now have to adjust how they interact with their publications. Some like to display issues on their coffee tables because having an issue of one or another of these publications may define you. (For example, although there's a significant overlap in terms of celebrity coverage, displaying a copy of Vanity Fair says something different from a copy of People or Us.).
Our point is that this represents a change in the way subscribers interact with these publications, and readers now have to remember to go online to access content from them. Some of the younger subscribers no doubt may always be online-only subscribers, having ditched their print editions a while back.
But print subscribers are going to increasingly find out that their print subscriptions do not provide them with all access to the publication -- which used to be the case as of just a few years ago. Now, print and online access require an all-access subscription so some may feel they already subscribe, and not go online. Some may decide to ditch the printed issues and just go online.
But it does mean a change in habit. And it does mean that some readers may not jump to the online editions and may decide to dump the print version because clearly there's no breaking news being reported in a print only six times a year.
We're not complaining about this, just observing this. And pointing out that this is a nation where, not too long ago that many of us could not adjust the blinking lights on our VCRs (ask your parents). We're just saying the shrinking frequency of print magazines means that subscribers are going to have to learn new reading habits to access their favorite magazines. And that publishers are going to need to figure out how to provide some way to make their remaining print editions matter and to provide readers with a reason to search for content on the publications' sites.
We're living in an attention economy, and readers may decide to focus their attention elsewhere. As we've said before, that's why the New York Times purchased Wordle and why its Spelling Bee game is one of the top touted aspects of the app.
And since this blog is part of the attention economy, thank you for reading.
For a publicly held telco client last March, we developed a focused media list of reporters at top-tier newspapers and magazines that we thought would be interested in a specific story based on their recent news coverage.
We pitched these reporters in the spring and continued to develop and pitch different reporters for the client. By October, we had another story that we thought might appeal to the initial set of reporters, all at name-brand traditional media like the New York Times, Fortune, and others at that level.
What we found interesting was that of a list of fewer than 20 reporters, about 40% had left their perches to move to writing newsletters or for online sites that are not as well known and don't have the same clout or prestege.
Since we were tasked with working only with top-tier media, that raised several issues:
It's a little early for us to admit we missed a trend -- we usually wait until the end of the year to evaluate how we did. But we missed a big Q1 trend: Wordle, a daily online game that has caught fire since it was launched late last year. It is so popular that we're not going to describe how the game is played. Just a week or so ago, the New York Times announced it has acquired Wordle to add to its growing portfolio of games like Spelling Bee.
According to the Post, which generally has an "America First" mindset unless it can attack the New York Times, there's a backlash outside the U.S. because Wordle uses U.S. spelling. We know it doesn't fit Wordle's five-letter words but we don't want to spoil an solutions so we'll point out that apologise -- which is how the word is spelled outside the U.S. -- would not be accepted because Wordle would be looking for apologize.
According to some of us in the trend-predicting world, it's not a trend until there's a backlash so Wordle can be classified as a trend.
One we totally missed.
We don't know if Wordle has legs as a trend but it's certainly hot right now. And what we think is clear is that we're living in an attention economy. The reason the Times spent six figures to acquire Wordle shows there's money to made for them to host Wordle.
Twenty years ago, in the dot-com era, the goal for many was to get eyeballs -- people spending time on their site. That's really what social media is all about, and why the algorithms of TikTok, Facebook, Twitter, etc. are so important and influential -- and often not in a positive or productive way.
But that's not the trend we got right. But it's related to it.
One of our trends is that publishers will move away from print editions. We love print editions, and still see the value in them. But according to the Reliable Sources Newsletter by CNN that cited a Wall St. Journal article, six magazines that Barry Diller acquired from Meredith Corp. last year -- Entertainment Weekly, InStyle, EatingWell, Health, Parents and People en Espanol will stop publishing print publications. Their last issues will be in April.
How did Diller's company, Dotdash Meredith frame its decision?
"We have said from the beginning, buying Meredith was about buying brands, not magazines or websites,” according to the CEO.
We get it. After all, in 2022, is weekly even enough updates about entertainment? Of course not.
And Dotdash has "19 remaining print magazines," according to the Journal, including People, Better Homes & Gardens and Southern Living -- all of them major publications.
But here's the thing -- and we'll talk more about this throughout this year.
Some subscribers prefer the print editions. Certainly doctors' waiting rooms do. So what happens to those subscribers who prefer print? One of us used to go to a dental office with horrible Internet access -- everyone complained about it -- but for people waiting in those sorts of locations, they can't rely on their phones for distraction.
And we think people who used to allocate time to turn the pages of Entertainment Weekly, People en Esponol and the other magazines ending their print run. The question for them and for Dotdash and other publishers considering ending their print publications is this: How will readers spend their time? Will they go online to the app or website of the publication? Will they remember to do so or just get their entertainment news elsewhere, whether print or online? Or will they shift to playing games like Wordle?
For 2022, we issued 20 trends to celebrate our 20th anniversary -- and already two of our trends have been validated.
In our first set of trends, we said: "More data and bandwidth will help healthcare, but fitness trackers may not." By explanation, we said:
Boinformatics, which combines biology and computer science, will attract more media coverage. Powered by AI, bioinformatics is becoming more relevant because it collects and analyzes biological information, which will help transform the study and treatment of diseases and chronic conditions including neurological and psychiatric diseases. At the same time, expect that fitness trackers will get more scrutiny in terms of their accuracy, the data they capture (which may not be the data the user actually needs) and their inability to enable users to share the information with their healthcare providers.
We think this isn't a necessarily intuitive prediction about fitness trackers, so we're pleased that we're already seeing confirmation of it from the New York Times.
In her article, "I Ditched My Smart Watch, and I Don’t Regret It," Lindsay Crouse, a Times opinion staffer who writes on gender, ambition and power, asked: "Does this constant monitoring of our vital signs truly yield better health? There’s no clear answer yet. One study found that people trying to lose weight who used wearable technology to help actually lost less weight than their watch-free counterparts. A review in the American Journal of Medicine found “little indication that wearable devices provide a benefit for health outcomes.” Another issue is that the measuring abilities of wearables are imperfect for some metrics."
The rest of the article explains why Crouse -- well, her headline succinctly explains what she did.
We expect more articles to follow in other media to explain why others are giving up their fitness tracker.
Please note: some of us at Birnbach Communications use fitness trackers like Fitbit or wear smart watches, like Apple Watch. We still use them and like them, and our interest in bioinformatics and fitness trackers is because of our work in life sciences and healthcare, not in fitness trackers. But we feel there will be a backlash against them and that some people using fitness trackers and related apps may be experiencing pandemic burnout -- much the way that demand for (and probably usage of) Peleton equipment has dropped off, too. We expect a decline in other similar exercise tech brands and apps this year.
Shifting gears, in a set of business-specific trends, we said, "Business magazines will publish fewer print issues," and we got this somewhat correct -- but it's not just business magazines that will publish fewer print issues. It's also newspapers.
According to the Boston Business Journal, "Gannett to stop Saturday print editions at 136 newspapers nationwide." The elimination of Saturday print editions starts March 5, replaced with "expanded access to online editions." Whatever "expanded access" means, exactly. We do know that -- though it's not mentioned in the BBJ article -- that Gannett has also suspended print publication for a number of local weeklies not included in the 136 papers, shifting to digital-only access. Those papers will offer news "on social media, via digital newsletters, and other platforms."
The reason for this cutback is that, even with significant consolidation (which involved substantial debt), Gannett still hasn't found a way to make newspapers sustainable, much less profitable. So they're cutting back print editions on the day that has traditionally been the lowest circulation day so this will have a somewhat limited downside, especially for younger readers who typically don't have a print subscription. (Sundays have the biggest readership.) This is a problem, however, for older readers who tend to subscribe to the print edition, and may not want to or be able to access news online. And when a weekly paper shifts entirely online, it could cut off a significant population from keeping up with town news and events.
Unfortunately, we now think other newspaper chains will follow Gannett's lead in 2022.
There will be a couple of additional aspects to this. Online ads generate lower fees so by ending Saturday print editions, Gannett may lose ad revenue since its losing 1/7 of its print ads. Additionally, while Gannett may be able save printing and paper costs, the chain is likely to have to continue to pay union members who typically work on Saturdays.
That said, we think newspapers will continue to reduce their their print schedules because the consumer of the future already accesses the online edition. We think there's a real value in print editions -- there's more impact of headlines, for example, and more impact for the news organizations themselves if people can see the papers displayed on newsstands or see people reading them on buses or trains. In part it's because it helps set an agenda, and keep most people in a community talking about the same news. One reason for the polarization is that, depending on the news source you consume, you will access different news-of-the-day depending on whether you watch FOX or CNN. FOX viewers get a vastly different sense of news from CNN viewers, and that lack of common basis is one of the reasons there's such a wide chasm in the country.
On the other hand, we don't expect print editions of newspapers or magazines to thrive, and we believe more newspapers (soon: just news) and magazines to drop their print editions entirely by the end of the decade. Online is how younger readers expect to access their news and how younger reporters expect to produce their news. It's faster, more immediate and cheaper.
We will post more about these two predictions and other validations as the year goes on.