Growth for Newspapers Online? Yes and No


Source

Nielsen Online is reporting that nine out of the top 10 newspapers experienced growth in online traffic between December 2007 to December 2008. The average growth across the board equated to 16%.

Here’s the breakdown:

NYTimes.com
Dec 07 (000): 17,1777
Dec 08 (000): 18,187
Percentage Change: 16

USATODAY.com
Dec 07 (000): 9,939
Dec 08 (000): 11,420
Percentage Change: 15

WashingtonPost.com
Dec 07 (000): 8.478
Dec 08 (000): 9,470
Percentage Change: 12

LA Times
Dec 07 (000): 4,607
Dec 08 (000): 7,963
Percentage Change: 73

Wall Street Journal Online
Dec 07 (000): 5,409
Dec 08 (000): 7,235
Percentage Change: 34

Daily News Online
Dec 07 (000): 2,956
Dec 08 (000): 5,883
Percentage Change: 99

Chicago Tribune
Dec 07 (000): 3,891
Dec 08 (000): 5,235
Percentage Change: 35

New York Post
Dec 07 (000): 2,852
Dec 08 (000): 4,557
Percentage Change: 60

Boston.com
Dec 07 (000): 4,364
Dec 08 (000): 4,086
Percentage Change: -6

SFGate
Dec 07 (000): 2,785
Dec 08 (000): 3,503
Percentage Change: 26

While online traffic is up, print circulation and advertising is escalating downward. And, according to research conducted by Erica Smith, a graphics designer for the St. Louis Post-Dispatch, the industry experienced roughly 15,554 newspapers job cuts in 2008.

There is a great deal of attention focused on the declination of the media industry as it struggles to reinvent itself in the era of the social web. Services such as TheMediaisDying on Twitter actively publishe news related to layoffs and closures throughout the media business. At the time of this post, just over 10,000 people had subscribed to the Twitter feed.

The shift from print and broadcast to online consumption is pervasive across all mediums – dailies, weeklies, monthlies, newsletters, radio, TV. Our behavior for discovering and sharing information and content, and perhaps most paramount, our attention, is migrating away from mediums that have operated unchanged for generations.

While some news properties are experiencing double, to almost three-digit growth, there’s much work to be done. The most important opportunity for any entity in the business of information publishing must now actively engage in the practice of information exchange propeled by human interaction. It’s the metamorphosis from a one-to-many broadcast model to both a one-to-one and many-to-many network powering democratized, on-demand news and information. It’s the establishment and empowerment of legions of people throughout key online communities to represent a new generation of digital delivery persons, satallites, wires, and antennas to carry curated information directly to their social graph and in turn, the graphs of their peers.

It’s not enough for media properties to migrate to blogging platforms, deploy RSS feeds, open up comments, post on Twitter, or create fan pages on Facebook. Media properties must embrace two-way channels to share, listen, and cultivate the relationships that will help usher in a new genre of active and dedicated communities or risk obsolence in the face of traditional competition, financial crises, as well as the real world pandemic of attention scarcity.

Please share stories and cases of media properties who are leading by example in the comments section. The best way to learn is to spotlight and analyze the pioneering work of those who are breaking new ground and demonstrating, through failure and success, new models for engaging and empowering effective and enriching information exchanges.

UPDATE: TechCrunch on The New York Times fourth quarter earnings…
Total advertising revenues were down 13.1 percent in the quarter to $1.8 billion. Of that, its total Internet advertising revenues (from NYTimes.com, Boston.com, and About.com primarily) was only $81.9 million, down 3.5 percent. Internet advertising only accounts for 12 percent of the company’s annual revenues (for the year, it made $309 million from Internet advertising, up 9.3 percent). But as one of the largest media sites on the Web it is an important bellwether.

Related reading on PR 2.0:

- Extra Extra, Newspapers Respond to the Social Web
- State of the Twittersphere – Q4 2008
- The Poetry of Social Networking to Court Customers and Invest in Relationships
- Twitter Tools for Community and Communications Professionals
- The State of Social Media 2008
- The Social Revolution is Our Industrial Revolution
- The Essential Guide to Social Media
- The Social Media Manifesto
- Introducing The Conversation Prism

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  • JFish

    I actually have a friend who is the Assistant Sports Editor for the big paper here in Cincinnati (The Enquirer). We’ve had several conversations, where he’s basically said that he is of the belief that we could soon (possibly very soon in this economy) see the complete destruction of paper versions of news. The papers would still do the same job, they would just do it all on their sites, and with (as noted in the post) more conversation between reporter and reader.

    It appears we are indeed trending that way.

  • Scott Meis

    Thanks for the great info Brian. I would say The Printed Blog (theprintedblog.com) is taking a solid crack at trying to deliver niche user-generated content tailored by community. I’m curious to see how this biz model pans out, but you’ve got to credit the attempt at focusing on community demands.

  • Anonymous

    Brian – doesn’t this suggest that PR can help SEO and that a good form of online marketing for some sites might be a solid PR push into these big publications?

    I was thinking of doing that and using a pay-for-placement service, like Publicity Guaranteed, but was curious to get your thoughts.

  • Hypnosis Los Angeles

    Fascinating to see how different those #s are, still. And I hope we’ll always get to keep the choice between online and the real thing…

  • Sean Jackson

    Actually the digital side of the equation may actually improve the print side.

    First, while online is growing the print side of the equation is still very important. The real question is what can be learned from the online side to increase the value of print.

    The big change in print publishing will occur when the formula of papers changes – both in content and conversation. Now this will not be easy but think about it, what was the last innovation in paper layout and conversation? Maybe USAToday but that was over 30 years ago.

    While the online side is very important and papers are pushing the envelope with innovations online, the real trick is to find innovation within the printed piece.

    The loss of paper in return for online should not be acceptable. Print matters. The real question is how can papers be altered to be more compelling reads and in turn be a great ad vehicle.

    I don’t have the answer but if the papers are to survive, the print side of the equation should be focused on – online will take care of itself!

  • http://www.mhel.co.uk/ John belt

    I tend to just advertrise online now. newspapers have to turn their attention to online advertising

  • http://www.mhel.co.uk/ John belt

    I tend to just advertrise online now. newspapers have to turn their attention to online advertising

ABOUT ME

Brian Solis is a digital analyst, anthropologist, and also a futurist. In his work at Altimeter Group, Solis studies the effects of disruptive technology on business and society. He is an avid keynote speaker and award-winning author who is globally recognized as one of the most prominent thought leaders in digital transformation.

His most recent book, What's the Future of Business: Changing the Way Businesses Create Experiences (WTF), explores the landscape of connected consumerism and how business and customer relationships unfold in four distinct moments of truth. His previous book, The End of Business as Usual, explores the emergence of Generation-C, a new generation of customers and employees and how businesses must adapt to reach them. In 2009, Solis released Engage, which is regarded as the industry reference guide for businesses to market, sell and service in the social web.

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