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Showing posts with label FT. Show all posts
Showing posts with label FT. Show all posts

Sunday, July 20, 2008

Linking out 'works' for news sites

Speaking of links, this is a nice little piece from a guy called David Eaves who has an SEO company in the UK.

I won't pretend to be able to recreate the maths, but in essence he collected a few vital statistics for large mainstream websites - including incoming and outgoing links - threw them into an Excel spreadsheet and came up with a chart...


... and this:

"The resulting figure of 0.842733801 shows that in general there is a strong relationship between news websites linking out and getting links in return."
I like the way he notes in his post that it's not fair to lump all mainstream news sites in together, and that:
"As a blogger it’s sometimes hard to appreciate the fact that mainstream media websites are, with the exception of the BBC, business entities with shareholders and an obligation to maximise profits. It’s understandable that they are reluctant to send valuable page views elsewhere."
Quite.

He also sought comment from the websites he looked at and the two quoted are worth a read. This is part of what FT.com's editor James Montgomery had to say:
"One needs a clear distinction between “attribution” and “sourcing”, journalistically speaking. Citing a non-FT source would not, generally speaking, meet the FT’s required standards of verification. (Just because something is reported by the New York Times, say, doesn’t make it true, however much we implicitly believe what we read in that newspaper - we have to check for ourselves.)

"Obviously, we are more inclined to believe some sources (Reuters) than others (chat rooms). Many blogs might be regarded as inherently unreliable because they don’t reveal their sources or uphold traditional journalistic/MSM standards of reporting (eg, double sourcing, on the record or whatever). But there is nothing intrinsically untrustworthy about blogs as a genre.

"So when it comes to linking out on FT.com, a link does not constitute sourcing for us. But as a general rule, if we do acknowledge some third party content, then best practice would be to carry a link to it.

"For example, if we write: “Yesterday’s statement by the prime minister appeared to represent a climbdown from an interview to the BBC last week in which he pledged….”, then we would link “interview” to the BBC article. That’s a service to the reader, who may want to follow the link to learn more; and a confirmation that we have accurately reported the earlier quote.

"Do we also live up to this best practice? No, because of some technology issues to do with persistent hyperlinks in text in our CMS, and newsroom training. But we are improving."

Wednesday, April 2, 2008

Another subscriber says no to print - but yes to paying for news online

Jimmy Guterman, editorial director of O'Reilly's Radar group, has bid farewell to his New York Times subscription. I think he articulates well what so many are thinking:

"It was hard to say no to the Times. The quality was high, the thump of the paper on the sidewalk was a pleasant sound to hear first thing in the morning, I liked the serendipity of walking through a print section, and I felt obligated to pay for the paper at a time when print subscribers were becoming an endangered species.

"But, after years of wavering, I'm done... What finally made me give in to the inevitable was realising, one barely-dawn morning last week when I was reading the paper at our kitchen table, that I had already read much (most?) of it online. For all the pleasure of holding and print, the Times on paper is just too late."
He goes on to say that he'd pay to read it online. "I would gladly pay for the pleasure and convenience of reading the paper online, just as I do for The Wall Street Journal, but I don't have that option. In this era of advertising-is-the-only-business-model, management at the Times Company has decided that I've decided that the value of what it sends to me is zero. I disagree."

It's an interesting argument that rumbles on. Should papers charge for online news? The Wall Street Journal looked for a while like it was going to drop its paywall, but has kept it for the most part, opening up only commentary and opinion. But most others dropped paywalls a while ago.

I've been in the keep-it-free camp for a while. For daily news, anyway. I know I wouldn't pay for access to a news website right now - I don't need any one site badly enough and there are plenty to choose from. Then again, I empathise with Guterman over the New York Times. I love it too, and would hate to see it disappear.

You know what they say about value: the more you charge for your services the more people value what you're selling. And I suspect, if I'm honest, that if the New York Times disappeared behind a paywall I'd want to get in there. But -and it's a big but - that's only because I know the site's good, and the only reason I know it's good is because I've followed bloggers' links to great content like their slide shows, video obituaries and columns. Put up a paywall and bye-bye bloggers.

I see this period as one of brand-building for news companies and staking out territory online. It doesn't seem smart to shut potential users out before they've had a chance to get to know you, and especially before you've had a chance to develop a really useful site and - importantly - services. The New York Times has an impressive site, most news organisations don't, at least not yet.

I find myself thinking quite a bit about what comes next for someone like me - a motivated, regular news consumer. Nine times out of ten I come up with a different answer, but here's today's musing.

There's Google news, of course (fed by mainstream media companies). There are non-mainstream, niche, user-generated, aggregated sites and voting. There are sites that mix it all up - raw press releases cheek by jowl with agency news feeds and UGC (user generated content). Technology makes everyone and anyone a potential news gatherer and reporter - shoot it, write it, blog it. There's news on my homepage, Facebook page, Twitter. And that's all good, as far as it goes.

But I think a trusted brand counts for a lot. Even more so as the volume of information we encounter online grows to deluge proportions. Yes, I want to be able to check out raw press releases if there's something of particular interest to me. And, yes, I'm reassured to know I can read council documents online (although that doesn't mean I will). But, no, I don't want to trawl through a dozen sites a day or spend hours going about it.

I'm busy. For the main news of the day, I want someone else to read council reports and newsfeeds and pick out the stories likely to be relevant or interesting to me. That role of filtering, sifting, selecting news is just as important as ever. And I want to know that whoever does it observes the standards I've come to value - fairness, accuracy and balance. In other words, a trusted news source.

Maybe it's not a matter of whether we should be charging for daily news online, but when. Or, more importantly, how.

Maybe the day will come when we're all so overwhelmed by information and opinion that we will be happy to shell out for timely packages of well-written news delivered how and when we want by trusted news organisations. The key, surely, will be those timely packages. I might not pay to come to your website. But I might pay for you to bring your website to me providing you can do it in an engaging, relevant, unobtrusive, timely, technologically-wow, one-click simple way.

I don't mean a daily email digest. Well, maybe a daily email digest with video bulletin, columns, blogs, lifestream feeds, quote of the day, cartoon, market data and images that show up in my inbox/inboxes (email/lifestream/feed reader/homepage/phone) and are laid out nicely and can be viewed inline (ie without having to visit your website or open a media player). A web page in my inbox, if you will (plus a tweet in my Twitter feed, a text on my phone etc). And maybe it would be an aggregated digest, let's say from the New York Times, Daily Telegraph, Guardian, NZ Herald and Viet Nam News.

Ach, I don't know. The only thing I ever paid for online was a one-year subscription to the New York Times crossword archive when I was addicted to that big, themed weekend crossword they run. But only once, and a long time ago. Also virus protection and some telephony services. That's it.

One thing I do know is that email is constant. I always check it. All day, every day. Facebook comes and goes, I rarely answer my phone, I get round to Google reader when I can. I love Twitter right now, but who knows how I'll feel about it in November? Email endures.

Any which way, today is not the day I volunteer to pay for 'online' news. But it doesn't seem as far-fetched as it once did.

Sunday, March 9, 2008

Traffic's up, where's the revenue?

Nytimes.com and the Financial Times have both picked up traffic to their sites since dropping their paywalls but there hasn't been a corresponding rise in ad revenue, according to Silicon Alley Insider. A couple of interesting comments on the SAI piece.

Wednesday, January 9, 2008

The march of integration in UK newsrooms

This from Roy Greenslade. It's a pretty comprehensive wrap of the moves UK newspapers have made and are continuing to make in integration. It's well worth a browse, especially the sections about the Times, Telegraph and Financial Times and the various approaches they are taking.

I notice he mentions that the FT are using Methode, the second reference I've heard that it's a good CMS for integrated web and print production. I'd love to see it, having not yet seen any systems that are truly integrated.