Public Relations & Social Marketing Insight
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Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
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Reality Check: Sizing Up VC-Backed Publishers' Prospects

Reality Check: Sizing Up VC-Backed Publishers' Prospects | Public Relations & Social Marketing Insight | Scoop.it
Amid widening concerns that another startup bubble has formed, digital media remains a white-hot market among the private-investment community.


Last year, venture capital poured at least $683 million into digital media companies worldwide -- more than twice the $277 million invested in 2013, according to Preqin, which tracks venture-capital investments.


That investment comes as traditional media companies like The New York Times and Condé Nast cut staff, trim costs and turn over every possible rock in search of new revenue streams. Meanwhile, digital media companies -- which have a fraction of old media's revenue and even less of their profits -- are awash in investor cash....

Jeff Domansky's insight:

Michael Sebastian posts a very interesting look at "new media" startups and the competitive landscape with "old" media. A must-read. 9/10

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Flipboard Brings Its Mobile Magazines To The Web | TechCrunch

Flipboard Brings Its Mobile Magazines To The Web | TechCrunch | Public Relations & Social Marketing Insight | Scoop.it

Beyond distribution and a better user experience, being web friendly fits into the Flipboard business plan. The company has begun selling full-page ads mixed in with regular content like what you might see in a high-end print magazine. Larger professional publishers, including the owners of this publication, currently have revenue-sharing agreements in place for their own magazines, but the company plans to expand that to other content and curation creators.


Around two million magazines have been created since the March launch of the DIY tool, and many of the top ones are being curated by enthusiasts rather than pros — photography, maritime shipping, beer, and GIFS are some example themes. There’s a lot of additional reader attention to sell against.


But what about the publications trying to figure out their online (and mobile) business models? Why should they want Flipboard to get a piece of their precious few remaining ad dollars via alternative destinations like native apps and now its own web links?For some of them/us, the answer is going to be that they don’t have the resources to build good web sites and mobile apps anyway. For others, it’s that they can build their own products but don’t know how to monetize them well....

Jeff Domansky's insight:

Could this be a digital magazine Renaissance? Flipboard's early results are impressive. Take a look at several excellent digital magazine examples in this post.

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The Changing Face of Journalism

The Changing Face of Journalism | Public Relations & Social Marketing Insight | Scoop.it

...Today, the delivery of news is not so defined. Website, social media and digital platforms have profoundly changed not only how we get our news, but also what news we are getting. The comment section of online news stories are often more popular, or at least more entertaining, than the actual news story. The ability to “like” and “share” news now allows others to instantaneously watch or read what we are following.


As the number of online and social media offerings grows, we are sadly seeing the demise of newspapers. In 2011, 152 American newspapers ceased operations. Rapidly declining advertising revenues continue to be the industry’s core problem as the majority of us seek our news online.


Now, plans are in place for significant changes for CNN.com and CNN digital platforms. The channel will launch a redesigned website (see screenshots here) and install a back-end system that its editorial producers can utilize. This comes after the recent merging of their digital and television newsrooms into one entity. With a new emphasis on their talent, CNN anchors, reporters and writers will become more prominent, enabling the sharing of content across platforms....

Jeff Domansky's insight:

This is a really interesting look at news media and journalism trends as well as a specific preview of changes at CNN as it integrates its traditional and digital newsrooms. Recommended reading.

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