http://www.guardian.co.uk/commentisfree/2012/dec/03/the-daily-closes-app-doomed-from-start
The Daily is a paywaled, iPad only, daily news venture by News Corp
- $30m --> cost of development
- Larry Kramer (USA Today) said that he wouldn't put up an online pay wall because his product "isn't unique enough"
- Started out as iPad only, branched out to iPhone and Android tablets, and the Amazon Kindle
- News York Post loses $110m a year
I think pay walls will never work when there is always a free alternative. News organisations are taking to free news delivery services such as Twitter to announce breaking news. Another ridiculous decision is to make it daily. As if the product wasn't unique enough (news is just news and now that they can't offer exclusives due to them not hacking celebrities anymore), Rupert Murdoch had to make it update daily. Maybe the vision was for news to shift from traditional media and onto digital formats. But this daily updating thing really hasn't worked. There are other news applications for digital mobile devices that do exactly the same job for free, and a perk of those is that they update as soon as news breaks. Those used to reading the paper early in the morning maybe willing to pay for daily news they can access online but not enough of these people don't exist anymore. I think this app was a bigger failure than Rupert Murdoch's handling on MySpace.
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http://www.guardian.co.uk/media/2012/dec/16/print-2013-newpapers-cut-costs
- Decline in advertising revenue predicted for publisher in 2013
- £1bn is forecast to be spent on national newspaper advertising, 9% less than 2012 and nearly two-thirds less than the £2.55bn in 2005.
- The Times loses £1m per week
- Guardian plans job cuts affecting 68 journalists
I think advertising revenue has decreased for newspapers because e-media companies such as Google (through YouTube especially) are using more advertising in their content. Also with niche advertising where keywords and cookies from your PC can be used, companies paying to advertise their services are noticing that they are far more effective then newspaper advertising.
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http://www.guardian.co.uk/technology/2012/dec/18/twitter-users-pass-200-million
- Twitter now has more than 200 million active users
- 10 million of these users are in the UK
- However, there are 500 million registered Twitter accounts
- 60% using smartphone apps, 80% active users in the UK use their phones to access content
I think with major events like the Presidential elections, the Olympics and even the Euro 2012 Football tournament, more people may have signed up to Twitter to express their opinions. This is evident as Twitter only had 140 million active users in May now reaching 200 million by December. However, with the introductions of injunctions and people being arrested recently for racist and offensive Tweets (Manchester Derby), the rate of people signing up will slow down.
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http://www.guardian.co.uk/media/2012/dec/18/bbc-itv-apologise-lord-mcalpine
- BBC & ITV apologise to Lord McAlpine at the high court for falsley linking him to allegations of child sex abuse
- BBC to pay £185,000 plus legal costs
- ITV to pay £125,000 plus legal costs
The BBC were too haste in their decision to present the fact Lord McAlpine was a target of child sex abuse allegations. Being a large organisation like the BBC with a loyal following, viewers will doubt BBC as they have now obtained a reputation for false allegations and although it may have been one story, it is a major story at a time when the BBC is under scrutiny for how they dealt with the Jimmy Saville scandal. It also shows that news on social networking sites is not always true and cannot be trusted, in this case twitter. Also I think ITV was wrong to disclose this information to the public on live TV.