1. Knight Digital Media Center: Journalism in a 24/7 World Project for Excellence in Journalism Amy Mitchell, Deputy Director www.journalism.org

2. 1.The audience for online news is becoming more complicated

3. Usage is shifting Total audience has leveled off Frequency is up: 37% report going online yesterday (PIP, March ’07) Video is a big growth area: 44% watch weekly, up from 24% in ’06 (OPA, 6/07)

4. Audience Metrics Challenged More demand for audited numbers Total time versus page views Hitwise as a new metrics player

5. 2. Web so far has been developed for immediacy & interactivity more than depth

6. February ‘07 PEJ audit of 38 news websites: Customization User participation Multi-media use Depth of content Editorial Branding Revenue streams

7. Two areas most developed: Editorial branding Customization

8. Area least developed: Depth of Information –Links to original documents –Background material –Additional coverage 18 sites earned the lowest marks for depth, it was 2 nd lowest tier another 16

9. Google - extreme depth but limits: 900+ links No synthesis No Selection process Repeat wire stories/ outdated accounts

10. 3. Websites as accidental destinations Its not about the loyal customer anymore, but the hunter and gatherer.

11. New York Times special sections: “What wasn’t anticipated was the explosion in how much of our traffic would be generated by Google, by Yahoo an some others,” Vivian Schiller, Sr. VP of NYTimes.com (Sept. 18 NYT) Murdoch uses same reasoning Washingtonpost.com: 66% of traffic from portal links

12. 4. Economics: The problem is not demand but revenue

13. Total Ad Growth is slowing faster than expected Q1 ’07: total ad revenue growth = 26% Q1 ’06: Total ad revenue growth = 38% (IAB)

14. Old ad model blown apart Do advertisers still need a middle man? Advertisers seem as puzzled as news organizations. Outlets Audiences Advertisers

15. 2 nd Revenue Stream: Revenue from Users Charging for sites not working New possibility: Cable model –Charging for content through fees people pay to providers or aggregators

16. 5. Producers of original news hold the Power Way people access news is flexible Original news & analysis grow in importance

17. 6. Producers have growing competition Across 3 user-generated news sites, 70% of sources were non-traditional media.

18. The Playing Field Legacy news sites Ex-Journalists Online only news producers –Less, formal, more nice, less expensive to produce Citizen Journalists/websites –Wider mix of content, less expensive Newsmakers themselves –Subjects of news also making the news themselves

19. Newsmakers Sidestep Media Candidate web sites (May ’07 study) Campaign announcements online Social networking (16 sites) Grassroots action (12 sites) Issues pages Lacking: voter registration ; comparisons

20. 7. The “Accidental Audience” and multiple players suggests rethinking content to emphasize unique, franchise content that is deep and can last.

21. Immediacy is less important. –“Commodity News” is everywhere. Unique, franchise news has added value –Web-site study –Chicago Trib.; St. Pete Times

22. Brands have most value if they are deep and timeless. –Blogs threads: Like a game of Six degrees of Separation from Kevin Bacon –Election night coverage: Best sites offered key results and deep veins of raw data

23. Open up the walls. –Website audit: Amazed at the lack of links to outside sources. Particularly inside main stories. –Bivings Group Study: Many websites are “’relatively unwilling’ to link their sites to other sources and that papers continue to keep some content behind virtual walls.” (newsandtech.com, 9-7,2007)

24. News Producers Immediacy V Depth & Longevity Branded Content V Commodity News Open up The vacuum