Media

Auto Added by WPeMatico

Original Content podcast: We can’t resist the thoughtful glamour of ‘The Crown’

We weren’t expecting to like “The Crown.”

Yes, there are talented actors and fancy costumes on-screen, and yes, there’s an acclaimed writer at the helm who specializes in dramatizing real history. But did we really need to watch another 20 hours of serious, scripted drama about England’s royal family?

Well, we were convinced to give the show a shot after it took home multiple awards at this year’s Emmys, and we were absolutely won over. It turns out that some of the questions that made us uncertain about the concept (such as: What’s the point of a monarchy in modern society?) are exactly what the show is trying to explore.

And it would be hard to overpraise those actors — not just Claire Foy as Queen Elizabeth II, but also Matt Smith as her husband Prince Philip, Vanessa Kirby as Pricness Margaret, John Lithgow as Winston Churchill and Jared Harris as Elizabeth’s father, King George VI.

On the latest episode of the Original Content podcast, we’re joined by Catherine Shu to discuss the first two seasons of “The Crown,” and what we’re hoping to see in season three (with Foy and Smith replaced by older actors to play Elizabeth and Philip in middle age). We also discuss recently-revealed details about the upcoming Star Wars streaming series “The Mandalorian” and plans for an interactive episode of “Black Mirror.”

You can listen in the player below, subscribe using Apple Podcasts or find us in your podcast player of choice. If you like the show, please let us know by leaving a review on Apple. You also can send us feedback directly. (Or suggest shows and movies for us to review!)

What Spotify can learn from Tencent Music

On Tuesday, Tencent Music Entertainment filed for an IPO in the US that is expected to value it in the $25-30 billion range, on par with Spotify’s IPO in April. The filing highlights just how different its social interaction and digital goods business is from the subscription models of leading music streaming services in Western countries.

That divergence suggests an opportunity for Spotify or one of its rivals to gain a competitive advantage.

Tencent Music is no small player: As the music arm of Chinese digital media giant Tencent, its four apps have several hundred million monthly active users, $1.3 billion in revenue for the first half of 2018, and roughly 75 percent market share in China’s rapidly growing music streaming market. Unlike Spotify and Apple Music, however, almost none of its users pay for the service, and those who do are mostly not paying in the form of a streaming subscription.

Its SEC filing shows that 70 percent of revenue is from the 4.2 percent of its overall users who pay to give virtual gifts to other users (and music stars) who sing karaoke or live stream a concert and/or who paid for access to premium tools for karaoke; the other 30 percent is the combination of streaming subscriptions, music downloads, and ad revenue.

At its heart, Tencent Music is an interactive media company. Its business isn’t merely providing music, it’s getting people to engage around music. Given its parent company Tencent has become the leading force in global gaming—with control of League of Legends maker Riot Games and Clash of Clans maker Supercell, plus a 40 percent stake in Fortnite creator Epic Games, and role as the top mobile games publisher in China—its team is well-versed in the dynamics of in-game purchasing.

At first glance, the fact that Tencent Music has a lower subscriber rate than its Western rivals (3.6 percent of users paying for a subscription or digital downloads vs. 46 percent paying for a premium subscription on Spotify) is shocking given it has the key ingredient they each crave: exclusive content. Whereas subscription video streaming services like Netflix, Hulu, and Amazon Prime Video have anchored themselves in exclusive ownership of must-see shows in order to attract subscribers, the music streaming platforms suffer from commodity content. Spotify, Apple Music, Amazon Music, YouTube Music, Pandora, iHeartRadio, Deezer… they all have the same core library of music licensed from the major labels. There’s no reason for any consumer to pay for more than one music streaming subscription in the way they do for video streaming services.

In China, however, Tencent Music has exclusive rights to the most popular Western music from the major labels. The natural strategy to leverage this asset would be to charge a subscription to access it. But the reality is that piracy is still enough of a challenge in China that access to that music isn’t truly “exclusive.” Plus while incomes are rising, there’s extraordinary variance in what price point the population can afford for a music subscription. As a result, Tencent Music can’t rely on a subscription for exclusive content; it sublicenses that content to other Chinese music services as an additional revenue stream instead.

“Online music services in China have experienced intense competition with limited ability to differentiate by content due to the widespread piracy.” Tencent Music, SEC Form F-1

This puts it in a position like that of the Western music streaming services—fighting to differentiate and build a moat against competitors—but unlike them it has successfully done so. By integrating live streams and social functionality as core to the user experience, it’s gaining exclusive content in another form (user-generated content) and the network effects of a social media platform.

Some elements of this are distinct to Tencent’s core market—the broader popularity of karaoke, for instance—but the strategy of gaining competitive advantage through interactive and live content is one Spotify and its rivals would be wise to pursue more aggressively. It is unlikely that the major record labels will agree to any meaningful degree of exclusivity for one of the big streaming services here, and so these platforms need to make unique experiences core to their offering.

Online social activities like singing with friends or singing a karaoke duet with a favorite musician do in fact have a solid base of participants around the world: San Francisco-based startup Smule (backed by Shasta Ventures and Tencent itself) has 50 million monthly active users on its apps for that very purpose. There is a large minority of people who care a lot about singing songs as a social experience, both with friends and strangers.

Spotify and Apple Music have experimented with video, messaging, and social streams (of what friends are listening to). But these have been bonus features and none of them were so integrated into the core product offering as to create serious switching costs that would stop a user from jumping to the other.

The ability to give tips or buy digital goods makes it easier to monetize a platform’s most engaged and enthusiastic users. This is the business model of the mobile gaming sector: A minority percentage of users get emotionally invested enough to pay real money for digital goods that enhance their experience, currency to tip other members of the community, or access to additional gameplay.

As the leading music platform, it is surprising that Spotify hasn’t created a pathway for superfans of music to engage deeper with artists or each other. Spotify makes referrals to buy concert tickets or merchandise —a very traditional sense of what the music fan wants—but hasn’t deepened the online music experience for the segment of its user base that would happily pay more for music-related experiences online (whether in the form of tipping, digital goods, special digital access to live shows, etc.) or for deeper exposure to the process (and people) behind their favorite songs.

Tencent Music has an advantage in creating social music experiences because it is part of the same company that owns the country’s leading social apps and is integrated into them. It has been able to build off the social graph of WeChat and QQ rather than building a siloed social network for music. Even Spotify’s main corporate rivals, Apple Music and Amazon Music, aren’t attached to leading social platforms. (Another competitor, YouTube Music, is tied to YouTube but the video service’s social features are secondary aspects of the product compared to the primary role of social interaction on Facebook, Instagram, and WhatsApp).

Spotify could build out more interactive products itself or could buy social-music startups like Smule, but Tencent Music’s success also suggests the benefits of a deal that’s sometimes speculated about by VCs and music industry observers: a Facebook acquisition of Spotify. As one, the leading social media company and the leading music streaming company could build out more valuable video live streaming, group music sharing, karaoke, and other social interactions around music that tap Facebook’s 2 billion users to use Spotify as their default streaming service and lock existing Spotify subscribers into the service that integrates with their go-to social apps.

Deeper social functionality doesn’t seem to be the path Spotify is prioritizing, though. It has removed several social features over the years and is anchoring itself in professional content distribution (rather than user-generated content creation), becoming the new pipes for professional musicians to put their songs out to the world (and likely aiming to disrupt the role of labels and publishers more than they will publicly admit). To that point, the company’s acquisitions—of startups like Loudr, Mediachain, and Soundtrap—have focused on content analytics, content recommendation, royalty tracking, and tools for professional creators.

This is the same race its more deep-pocketed competitors are running, however, and it doesn’t lock consumers into the platform like the network effects of a social app or the exclusivity of a mobile game do. It recently began opening its platform for musicians to add their songs directly—something Tencent Music has allowed for years—but this seems less like a move to a YouTube or SoundCloud-style user-generated content platform and more like a chess move in the game of eventually displacing labels. Ultimately, though, building out more social interaction around music will be critical to it in escaping the race with Apple Music and the rest by achieving more defensibility.

Marc and Lynne Benioff will buy Times magazine from Meredith for $190M

Another tech billionaire will scoop up a major news outlet. Meredith Corporation, which acquired Time Inc. in January, announced today that it has agreed to sell its eponymous magazine to Salesforce.com co-founder Marc Benioff and his wife Lynne Benioff for $190 million in cash.

Meredith said in March that it planned to sell Time, Sports Illustrated, Fortune and Money as part of its goal to save $400 million to $500 million over the next two years and increase the profitability of its remaining portfolio of publications. In its announcement today, the company said it will use proceeds from the sale of Times magazine to pay off debt and expects to reduce its debt by $1 billion during fiscal 2019.

Meredith’s acquisition of Time Inc. was controversial because it received financial support from Koch Equity Development, the private equity fund run by Charles and David Koch, known for backing conservative causes.

The Benioffs, who are on the other side of the spectrum as supporters of progressive politics, are purchasing Time magazine as individuals. In other words, Salesforce.com, where Benioff serves as chairman and co-CEO, and other companies are not involved with the deal. Marc Benioff told the Wall Street Journal that he and his wife will not be involved in Time magazine’s daily operations or editorial decisions and added that “we’re investing in a company with tremendous impact on the world, one that is also an incredibly strong business. That’s what we’re looking for when we invest as a family.”

Other tech billionaires who have purchased major publications include Amazon CEO Jeff Bezos, who bought the Washington Post in a personal capacity five years ago and Laurene Powell Jobs, whose philanthropic organization, Emerson Collective, acquired a majority stake in The Atlantic last year. (While Jack Ma was a driving force behind Alibaba Group’s acquisition of the South China Morning Post in 2016, that acquisition was made by the company, not Ma.)

Despite being one of the most famous and iconic news brands in the U.S., Times magazine has (like other print publications) struggled to cope with falling circulation and revenue as it invests digital properties.

In an interview with the Wall Street Journal, the magazine’s editor in chief, Edward Felsenthal, said “we’ve done a lot to transform this brand over the last few years so that it is far beyond a weekly magazine” and added that its business is “solidly profitable.”

Apple has removed Infowars podcasts from iTunes

Apple has followed the lead of Google and Facebook after it removed Infowars, the conspiracy theorist organization helmed by Alex Jones, from its iTunes and podcasts apps.

Unlike Google and Facebook, which removed four Infowars videos on the basis that the content violated its policies, Apple’s action is wider-reaching. The company has withdrawn all episodes of five of Infowars’ six podcasts from its directory of content, leaving just one left, a show called ‘Real News With David Knight.’

The removals were first spotted on Twitter. Later, Apple confirmed it took action on account of the use of hate speech which violates its content guidelines.

“Apple does not tolerate hate speech, and we have clear guidelines that creators and developers must follow to ensure we provide a safe environment for all of our users. Podcasts that violate these guidelines are removed from our directory making them no longer searchable or available for download or streaming. We believe in representing a wide range of views, so long as people are respectful to those with differing opinions,” a spokesperson told TechCrunch.

Apple’s action comes after fellow streaming services Spotify and Stitcher removed Infowars on account of its use of hate speech.

Jones has used Infowars, and by association the platforms of these media companies, to broadcast a range of conspiracy theories which have included claims 9/11 was an inside job and alternate theories to the San Bernardino shootings. In the case of another U.S. mass shooting, Sandy Hook, Jones and Infowars’ peddling of false information and hoax theories was so severe that some of the families of the deceased, who have been harassed online and faced death threats, have been forced to move multiple times. A group is suing Jones via a defamation suit.

Disney tech smooths out bad CG hair days

Disney is unequivocally the world’s leader in 3D simulations of hair — something of a niche talent in a way, but useful if you make movies like Tangled, where hair is basically the main character. A new bit of research from the company makes it easier for animators to have hair follow their artistic intent while also moving realistically.

The problem Disney Research aimed to solve was a compromise that animators have had to make when making the hair on characters do what the scene requires. While the hair will ultimately be rendered in glorious high-definition and with detailed physics, it’s too computationally expensive to do that while composing the scene.

Should a young warrior in her tent be wearing her hair up or down? Should it fly out when she turns her head quickly to draw attention to the movement, or stay weighed down so the audience isn’t distracted? Trying various combinations of these things can eat up hours of rendering time. So, like any smart artist, they rough it out first:

“Artists typically resort to lower-resolution simulations, where iterations are faster and manual edits possible,” reads the paper describing the new system. “But unfortunately, the parameter values determined in this way can only serve as an initial guess for the full-resolution simulation, which often behaves very different from its coarse counterpart when the same parameters are used.”

The solution proposed by the researchers is basically to use that “initial guess” to inform a high-resolution simulation of just a handful of hairs. These “guide” hairs act as feedback for the original simulation, bringing a much better idea of how the rest will act when fully rendered.

The guide hairs will cause hair to clump as in the upper right, while faded affinities or an outline-based guide (below, left and right) would allow for more natural motion if desired.

And because there are only a couple of them, their finer simulated characteristics can be tweaked and re-tweaked with minimal time. So an artist can fine-tune a flick of the ponytail or a puff of air on the bangs to create the desired effect, and not have to trust to chance that it’ll look like that in the final product.

This isn’t a trivial thing to engineer, of course, and much of the paper describes the schemes the team created to make sure that no weirdness occurs because of the interactions of the high-def and low-def hair systems.

It’s still very early: it isn’t meant to simulate more complex hair motions like twisting, and they want to add better ways of spreading out the affinity of the bulk hair with the special guide hairs (as seen at right). But no doubt there are animators out there who can’t wait to get their hands on this once it gets where it’s going.

Capital Gazette releases front page following tragic shooting

TwitterFacebook

Despite a shooting tragedy that claimed the lives of five people at its offices, the Capital Gazette declared it would still put out a paper on Friday.

“I can tell you this: We’re putting out a damn paper tomorrow,” declared Capital reporter Chase Cook, just hours after an active shooter opened fire inside the newspaper’s headquarters in Annapolis, Maryland. 

Early on Friday morning, the paper released its front page. 

The Capital’s headline didn’t flinch from what just happened: “5 shot dead at The Capital,” it read, leading with the photos of staffers who had been killed on Thursday afternoon.  Read more…

More about Media, Newspaper, Shooting, Gun Control, and Capital Gazette

‘The Onion’ promises it won’t stop trolling Facebook and Mark Zuckerberg

TwitterFacebook

Facebook CEO Mark Zuckerberg is getting a taste of what happens when you piss off The Onion. 

The satirical news site has been relentlessly trolling Zuckerberg and Facebook for the past few days and promises it’s only getting started.

While the satirical site is known for lampooning just about anyone and everyone in the public eye, the publication has been relentlessly trolling Facebook, more so than usual. Four anti-Facebook posts were pinned to the top of its homepage for much of the day Friday, three of which mention Zuckerberg by name or feature his photo. Read more…

More about Tech, Facebook, Media, Mark Zuckerberg, and Social Media Companies

Customer opinions of ISPs somehow drop even lower

Disliking one’s internet provider is such a common condition that it’s hard to imagine that ISPs have anywhere to go but up in the eyes of their customers. Nope! There are new lows ahead, if the latest American Customer Satisfaction Index is any indication. Charts ahead!

The ACSI compiles thousands of interviews with consumers and produce a score for various companies and industries based on a number of metrics. And this year, internet providers fell from last place to last place minus.

(Note: Verizon owns Oath, which owns TechCrunch. Believe me, it doesn’t affect our coverage.)

“An all-time low for the industry that along with subscription TV already had the poorest customer satisfaction among all industries tracked by the ACSI,” the report reads. “Customers are unhappy with the high price of poor service, but many households have limited alternatives as more than half of all Americans have only one choice for high speed broadband.”

Despite what the FCC and broadband companies like to say, few people have more than one good choice for internet provider, unlike even other industries that are dominated by a handful of companies, like mobile. And the service people do have access to isn’t inspiring loyalty.

Pretty much every category saw a drop, despite ardent promises from the likes of Comcast and Cox to improve their customer service and simplify bills and offers.

A sample of ratings the ISPs received – dark blue is the latest.

I myself actually just had a good interaction with Comcast, but because it was just a nice customer service agent helping me navigate the company’s labyrinth of misleading offers and upsells, I consider it as breaking even. Or it would have if my bill hadn’t just nearly doubled without any notification, so in the end it’s probably a negative.

Streaming services and video on demand were included in the survey for the first time this year, and did fairly well. Netflix, PlayStation Vue and Twitch were well thought of, and even the worst-ranked service, Sony’s Crackle, beats most of the perennially disliked pay TV providers. Strangely enough, most of the latter are the very same providers are often the same as the perennially disliked broadband providers. Coincidence? You be the judge.

Worse than social media? These days that’s quite a feat.

Overall, those companies are at the very bottom of the list, below even airlines and insurance companies — and ironically, the TVs that are used to watch the content are at the very top of the heap. Time to step up your game, ISPs.

The new AI-powered Google News app is now available for iOS

Google teased a new version of its News app with AI smarts at its I/O event last week, and today that revamped app landed for iOS and Android devices in 127 countries. The redesigned app replaces the previous Google Play Newsstand app.

The idea is to make finding and consuming news easier than ever, whilst providing an experience that’s customized to each reader and supportive of media publications. The AI element is designed to learn from what you read to help serve you a better selection of content over time, while the app is presented with a clear and clean layout.

Opening the app brings up the tailored ‘For You’ tab which acts as a quick briefing, serving up the top five stories “of the moment” and a tailored selection of opinion articles and longer reads below it.

The next section — ‘Headlines’ — dives more deeply into the latest news, covering global, U.S., business, technology, entertainment, sports, science and health segments. Clicking a story pulls up ‘Full Coverage’ mode, which surfaces a range of content around a topic including editorial and opinion pieces, tweets, videos and a timeline of events.

 

Favorites is a tab that allows customization set by the user — without AI. It works as you’d imagine, letting you mark out preferred topics, news sources and locations to filter your reads. There’s also an option for saved searches and stories which can be quickly summoned.

The final section is ‘Newsstand’ which, as the name suggests aggregates media. Google said last week that it plans to offer over 1,0000 magazine titles you can follow by tapping a star icon or subscribing to. It currently looks a little sparse without specific magazine titles, but we expect that’ll come soon.

As part of that, another feature coming soon is “Subscribe with Google, which lets publications offer subscription-based content. The process of subscribing will use a user’s Google account, and the payment information they already have on file. Then, the paid content becomes available across Google platforms, including Google News, Google Search and publishers’ own websites.

Pandora shares up 8% after surprise earnings beat

Pandora’s quarterly earnings report was music to investor’s ears.

The digital radio platform reported a better-than-expected first quarter report after the bell on Thursday, sending shares up 8% in after-hours trading.

Wall Street liked that the company showed a sizable increase in subscriber revenue, posting $104.7 million, a 63% increase from last year. Pandora has 5.63 million paid listeners, up 19% from the same timeframe in 2017.

By contrast, Apple Music says it has 40 million subscribers and Spotify has 75 million, so Pandora is a distant third in terms of paid users.

But the competition is already reflected in Pandora’s stock price. It closed Thursday at $5.75, which is up a buck for the past month. It’s also substantially beneath the $37 per share that the stock was trading at in 2014. Its market cap is currently $1.45 billion.

In addition to subscribers, Pandora makes money from its unpaid users via ads. The company had 72.3 million active listeners, bringing in $319.2 million in revenue. Analysts had expected $304.3 million.

Its adjusted loss per share was 27 cents, well above the negative 38 cents that Wall Street forecast.

“Pandora is exactly where we want to be: at the center of a growing market with huge potential,” said Roger Lynch, CEO of Pandora, in a statement.

 

 

 

RSS is undead

RSS died. Whether you blame Feedburner, or Google Reader, or Digg Reader last month, or any number of other product failures over the years, the humble protocol has managed to keep on trudging along despite all evidence that it is dead, dead, dead.

Now, with Facebook’s scandal over Cambridge Analytica, there is a whole new wave of commentators calling for RSS to be resuscitated. Brian Barrett at Wired said a week ago that “… anyone weary of black-box algorithms controlling what you see online at least has a respite, one that’s been there all along but has often gone ignored. Tired of Twitter? Facebook fatigued? It’s time to head back to RSS.”

Let’s be clear: RSS isn’t coming back alive so much as it is officially entering its undead phase.

Don’t get me wrong, I love RSS. At its core, it is a beautiful manifestation of some of the most visionary principles of the internet, namely transparency and openness. The protocol really is simple and human-readable. It feels like how the internet was originally designed with static, full-text articles in HTML. Perhaps most importantly, it is decentralized, with no power structure trying to stuff other content in front of your face.

It’s wonderfully idealistic, but the reality of RSS is that it lacks the features required by nearly every actor in the modern content ecosystem, and I would strongly suspect that its return is not forthcoming.

Now, it is important before diving in here to separate out RSS the protocol from RSS readers, the software that interprets that protocol. While some of the challenges facing this technology are reader-centric and therefore fixable with better product design, many of these challenges are ultimately problems with the underlying protocol itself.

Let’s start with users. I, as a journalist, love having hundreds of RSS feeds organized in chronological order allowing me to see every single news story published in my areas of interest. This use case though is a minuscule fraction of all users, who aren’t paid to report on the news comprehensively. Instead, users want personalization and prioritization — they want a feed or stream that shows them the most important content first, since they are busy and lack the time to digest enormous sums of content.

To get a flavor of this, try subscribing to the published headlines RSS feed of a major newspaper like the Washington Post, which publishes roughly 1,200 stories a day. Seriously, try it. It’s an exhausting experience wading through articles from the style and food sections just to run into the latest update on troop movements in the Middle East.

Some sites try to get around this by offering an array of RSS feeds built around keywords. Yet, stories are almost always assigned more than one keyword, and keyword selection can vary tremendously in quality across sites. Now, I see duplicate stories and still manage to miss other stories I wanted to see.

Ultimately, all of media is prioritization — every site, every newspaper, every broadcast has editors involved in determining what is the hierarchy of information to be presented to users. Somehow, RSS (at least in its current incarnation) never understood that. This is both a failure of the readers themselves, but also of the protocol, which never forced publishers to provide signals on what was most and least important.

Another enormous challenge is discovery and curation. How exactly do you find good RSS feeds? Once you have found them, how do you group and prune them over time to maximize signal? Curation is one of the biggest on-boarding challenges of social networks like Twitter and Reddit, which has prevented both from reaching the stratospheric numbers of Facebook. The cold start problem with RSS is perhaps its greatest failing today, although could potentially be solved by better RSS reader software without protocol changes.

RSS’ true failings though are on the publisher side, with the most obvious issue being analytics. RSS doesn’t allow publishers to track user behavior. It’s nearly impossible to get a sense of how many RSS subscribers there are, due to the way that RSS readers cache feeds. No one knows how much time someone reads an article, or whether they opened an article at all. In this way, RSS shares a similar product design problem with podcasting, in that user behavior is essentially a black box.

For some users, that lack of analytics is a privacy boon. The reality though is that the modern internet content economy is built around advertising, and while I push for subscriptions all the time, such an economy still looks very distant. Analytics increases revenues from advertising, and that means it is critical for companies to have those trackers in place if they want a chance to make it in the competitive media environment.

RSS also offers very few opportunities for branding content effectively. Given that the brand equity for media today is so important, losing your logo, colors, and fonts on an article is an effective way to kill enterprise value. This issue isn’t unique to RSS — it has affected Google’s AMP project as well as Facebook Instant Articles. Brands want users to know that the brand wrote something, and they aren’t going to use technologies that strip out what they consider to be a business critical part of their user experience.

These are just some of the product issues with RSS, and together they ensure that the protocol will never reach the ubiquity required to supplant centralized tech corporations. So, what are we to do then if we want a path away from Facebook’s hegemony?

I think the solution is a set of improvements. RSS as a protocol needs to be expanded so that it can offer more data around prioritization as well as other signals critical to making the technology more effective at the reader layer. This isn’t just about updating the protocol, but also about updating all of the content management systems that publish an RSS feed to take advantage of those features.

That leads to the most significant challenge — solving RSS as business model. There needs to be some sort of a commerce layer around feeds, so that there is an incentive to improve and optimize the RSS experience. I would gladly pay money for an Amazon Prime-like subscription where I can get unlimited text-only feeds from a bunch of a major news sources at a reasonable price. It would also allow me to get my privacy back to boot.

Next, RSS readers need to get a lot smarter about marketing and on-boarding. They need to actively guide users to find where the best content is, and help them curate their feeds with algorithms (with some settings so that users like me can turn it off). These apps could be written in such a way that the feeds are built using local machine learning models, to maximize privacy.

Do I think such a solution will become ubiquitous? No, I don’t, and certainly not in the decentralized way that many would hope for. I don’t think users actually, truly care about privacy (Facebook has been stealing it for years — has that stopped its growth at all?) and they certainly aren’t news junkies either. But with the right business model in place, there could be enough users to make such a renewed approach to streams viable for companies, and that is ultimately the critical ingredient you need to have for a fresh news economy to surface and for RSS to come back to life.

Highlights and audio from Zuckerberg’s emotional Q&A on scandals

“This is going to be a never-ending battle” said Mark Zuckerberg . He just gave the most candid look yet into his thoughts about Cambridge Analytica, data privacy, and Facebook’s sweeping developer platform changes today during a conference call with reporters. Sounding alternately vulnerable about his past negligence and confident about Facebook’s strategy going forward, Zuckerberg took nearly an hour of tough questions.

You can read a transcript here and listen to a recording of the call below:



The CEO started the call by giving his condolences to those affected by the shooting at YouTube yesterday. He then delivered this mea culpa on privacy:

We’re an idealistic and optimistic company . . . but it’s clear now that we didn’t do enough. We didn’t focus enough on preventing abuse and thinking through how people could use these tools to do harm as well . . . We didn’t take a broad enough view of what our responsibility is and that was a huge mistake. That was my mistake.

It’s not enough to just connect people. We have to make sure those connections are positive and that they’re bringing people together.  It’s not enough just to give people a voice, we have to make sure that people are not using that voice to hurt people or spread misinformation. And it’s not enough to give people tools to sign into apps, we have to make sure that all those developers protect people’s information too.

It’s not enough to have rules requiring that they protect the information. It’s not enough to believe them when they’re telling us they’re protecting information. We actually have to ensure that everyone in our ecosystem protects people’s information.”

This is Zuckerberg’s strongest statement yet about his and Facebook’s failure to anticipate worst-case scenarios, which has led to a string of scandals that are now decimating the company’s morale. Spelling out how policy means nothing without enforcement, and pairing that with a massive reduction in how much data app developers can request from users makes it seem like Facebook is ready to turn over a new leaf.

Here are the highlights from the rest of the call:

On Zuckerberg calling fake news’ influence “crazy”: “I clearly made a mistake by just dismissing fake news as crazy — as having an impact . . . it was too flippant. I never should have referred to it as crazy.

On deleting Russian trolls: Not only did Facebook delete 135 Facebook and Instagram accounts belonging to Russian government-connected election interference troll farm the Internet Research Agency, as Facebook announced yesterday. Zuckerberg said Facebook removed “a Russian news organization that we determined was controlled and operated by the IRA”.

On the 87 million number: Regarding today’s disclosure that up to 87 million people had their data improperly access by Cambridge Analytica, “it very well could be less but we wanted to put out the maximum that we felt it could be as soon as we had that analysis.” Zuckerberg also referred to The New York Times’ report, noting that “We never put out the 50 million number, that was other parties.”

On users having their public info scraped: Facebook announced this morning that “we believe most people on Facebook could have had their public profile scraped” via its search by phone number or email address feature and account recovery system. Scammers abused these to punch in one piece of info and then pair it to someone’s name and photo . Zuckerberg said search features are useful in languages where it’s hard to type or a lot of people have the same names. But “the methods of react limiting this weren’t able to prevent malicious actors who cycled through hundreds of thousands of IP addresses and did a relatively small number of queries for each one, so given that and what we know to day it just makes sense to shut that down.”

On when Facebook learned about the scraping and why it didn’t inform the public sooner: This was my question, and Zuckerberg dodged, merely saying “We looked into this and understood it more over the last few days as part of the audit of our overall system”, while declining to specify when Facebook first identified the issue.

On implementing GDPR worldwide: Zuckerberg refuted a Reuters story from yesterday saying that Facebook wouldn’t bring GDPR privacy protections to the U.S. and elsewhere. Instead he says, “we’re going to make all the same controls and settings available everywhere, not just in Europe.”

On if board has discussed him stepping down as chairman: “Not that I’m aware of” Zuckerberg said happily.

On if he still thinks he’s the best person to run Facebook: “Yes. Life is about learning from the mistakes and figuring out what you need to do to move forward . . . I think what people should evaluate us on is learning from our mistakes . . .and if we’re building things people like and that make their lives better . . . there are billions of people who love the products we’re building.”

On the Boz memo and prioritizing business over safety: “The things that makes our product challenging to manage and operate are not the tradeoffs between people and the business. I actually think those are quite easy because over the long-term, the business will be better if you serve people. I think it would be near-sighted to focus on short-term revenue over people, and I don’t think we’re that short-sighted. All the hard decisions we have to make are tradeoffs between people. Different people who use Facebook have different needs. Some people want to share political speech that they think is valid, and other people feel like it’s hate speech . . . we don’t always get them right.”

On whether Facebook can audit all app developers: “We’re not going to be able to go out and necessarily find every bad use of data” Zuckerberg said, but confidently said “I actually do think we’re going to be be able to cover a large amount of that activity.

On whether Facebook will sue Cambridge Analytica: “We have stood down temporarily to let the [UK government] do their investigation and their audit. Once that’s done we’ll resume ours … and ultimately to make sure none of the data persists or is being used improperly. And at that point if it makes sense we will take legal action if we need to do that to get people’s information.”

On how Facebook will measure its impact on fixing privacy: Zuckerberg wants to be able to measure “the prevalence of different categories of bad content like fake news, hate speech, bullying, terrorism. . . That’s going to end up being the way we should be held accountable and measured by the public . . .  My hope is that over time the playbook and scorecard we put out will also be followed by other internet platforms so that way there can be a standard measure across the industry.”

On whether Facebook should try to earn less money by using less data for targeting “People tell us if they’re going to see ads they want the ads to be good . . . that the ads are actually relevant to what they care about . . On the one hand people want relevant experiences, and on the other hand I do think there’s some discomfort with how data is used in systems like ads. But I think the feedback is overwhelmingly on the side of wanting a better experience. Maybe it’s 95-5.”

On whether #DeleteFacebook has had an impact on usage or ad revenue: “I don’t think there’s been any meaningful impact that we’ve observed…but it’s not good.”

On the timeline for fixing data privacy: “This is going to be a never-ending battle. You never fully solve security. It’s an arms race” Zuckerberg said early in the call. Then to close Q&A, he said “I think this is a multi-year effort. My hope is that by the end of this year we’ll have turned the corner on a lot of these issues and that people will see that things are getting a lot better.”

Overall, this was the moment of humility, candor, and contrition Facebook desperately needed. Users, developers, regulators, and the company’s own employees have felt in the dark this last month, but Zuckerberg did his best to lay out a clear path forward for Facebook. His willingness to endure this question was admirable, even if he deserved the grilling.

The company’s problems won’t disappear, and its past transgressions can’t be apologized away. But Facebook and its leader have finally matured past the incredulous dismissals and paralysis that characterized its response to past scandals. It’s ready to get to work.

Insider raises $11M to help internet marketers do better internet marketing

Insider, a service that aims to help brands go about their internet marketing with greater efficiency and success, has landed an $11 million investment led by Sequoia India.

The startup is originally from Turkey where it began life in 2012 as a platform that helped optimize online marketing campaigns. Now at 240 staff across 16 markets, it recently moved HQ to Singapore and today it launches its new ‘Growth Management Platform.’

Those three words together don’t really tell much about Insider’s new product, the aim of which is to help brands, marketers and website owners generally serve dynamic content that is tailored to their visitors. The idea according to Insider CEO Hande Cilingir — who is one of six co-founders of the business — is to give a visitor the most optimized version of the site based on who they are. In many ways, it is similar to LiftIgniter, the U.S. startup that raised $6.4 million last year and was a finalist at TechCrunch Disrupt London 2016.

Insider goes about that task by collecting pieces of data about the visitor — the 90-odd parameters include obvious things include location, the website they are visiting from, the device they are on, etc — all of which is used to showcase the most relevant content or information to ensure that this visitor gets the best experience. Insider said it uses artificial intelligence and machine learning to boost its model, too, helping match potential similarities between users to build a wider and more intelligent picture about the type of people visiting a website.

The goal is really quite simple: keep people more engaged on a website and help website owners with their call to action, whatever that may be. Insider believes it can help lower customer acquisition costs through increased efficiency, while also boost existing conversion rates through customization.

Insider’s six co-founders

In the case of internet marketing, it is most often to e-commerce or other types of purchases.

That’s strongly reflected in the customer base that Insider claims. The company has put a big focus on Asia’s growing internet market — hence the move to Singapore — and publicly-announced clients for the startup include Singapore Airlines, Indonesian e-commerce firm Tokopedia, UNIQLO, Samsung, McDonald’s, Nissan and CNN.

Sequoia could help open doors, too, since the firm has invested in major consumer names in Asia such as Go-Jek, Carousell and Zomato.

“We were impressed with Insider’s AI platform, and the profound impact on their customer’s key metrics: lower customer acquisition costs, higher retention, faster growth. These customers quickly started to use more and more products from the Insider platform. That has put Insider on a fast growth trajectory, especially in Asia,” said Pieter Kemps, principal at Sequoia India.

Cilingir said the new funds will go towards expanding Insider’s sales team and hiring data scientists and machine learning engineers to develop the platform. The headquarters may be in Singapore now, but Istanbul remains the base for product development while the company’s core tech team is located in Ukraine.

The team is firmly focused on developing its business in Southeast Asia, she added, but it is also eying potential expansions with China and the U.S. among the more audacious new markets that it is considering at this point.

Already, Cilingir said the startup is on track to hit $100 million in annual recurring revenue by the end of 2018 while it is bullish that there’s more to come. Marketing giant Group M predicts that this is the year that online advertising spend overtakes TV for the first time in 17 countries worldwide and she’s optimistic that there will be a greater need for Insider’s products among brands and major consumer names worldwide.

Alongside Sequoia, Insider said that its existing investors Wamda Capital and Dogan Group also took part in the newest round, which is its Series B. The company previously raised a $2.2 million Series A in September 2016 to fund its initial foray into emerging markets.

Facebook to publishers: The News Feed algorithm isn’t why you’re failing

TwitterFacebook

It’s been a rocky year in Facebook and publisher relations, but the social network has a new — very blunt — message for struggling publishers: it’s probably your fault. 

Speaking at a panel at South by Southwest, Facebook’s head of news products, Alex Hardiman, had some strong words for critics who say the company’s recent News Feed algorithm change is hurting publishers. 

In response to a question about digital publisher Little Things, whose CEO blamed Facebook’s News Feed algorithm after the company shut down, Hardiman said “there’s a reason certain publishers don’t do well on Facebook.” Read more…

More about Tech, Facebook, Media, News Feed, and Tech

Netflix’s ‘Icarus’ wins the Oscar for Best Documentary Feature

Icarus It was a quiet Oscar ceremony for the big streaming services, but Netflix’s doping film Icarus (directed by Bryan Fogel) did win the award for best documentary feature. The Big Sick, distributed by Amazon Studios, was nominated for best original screenplay, while Netflix’s Mudbound was nominated for best adapted screenplay, cinematography (amazingly, Rachel Morrison is the first… Read More

Tencent Music, Spotify’s strategic partner in China, is valued at over $12B

 Spotify has finally filed to go public, and in doing so the Swedish company has shed light on another huge music company that has been tipped for IPO — Tencent Music — which is now valued at over $12 billion.
Tencent and Spotify announced a share swap in December that saw each side take an undisclosed slice of the other for strategic purposes going forward. According to… Read More

India-based music streaming service Gaana raises $115M led by Tencent

 Chinese internet giant Tencent is continuing to put its money in India and in music streaming services after it agreed to lead a $115 million investment in India’s Gaana. Gaana is a music streaming service that was started by Times Media, the company behind the Times of India newspaper and tech incubator Times Internet among other things, seven years ago. Gaana didn’t reveal its… Read More

Spotify is testing a new playlist-based music app that’s a lot like Pandora

 Spotify is testing an app that sees it move firmly into Pandora’s territory.
‘Stations’ is a new Android-only app that is being piloted by the company in Australia — it was first noticed by app analytics firm Sensor Tower on Tuesday.
This app offers a ‘lean-back’ option to listen to music based on genres and managed playlists. In the description, Spotify… Read More

Selfie app Snow, once a Snapchat clone, raises $50M from SoftBank and Sequoia China

 It’s been a while since we heard from Snow, the Snapchat clone app in Asia that Facebook once tried to buy, but today the company behind it has scooped up a $50 million investment from SoftBank and Sequoia China.
Snow was started by Naver, the Korean firm behind popular messaging app Line, and it had proven popular in Japan, Korea, China and other markets in Asia thanks to a focus on… Read More

‘The Handmaid’s Tale’ returns to Hulu on April 25 (and here’s a new trailer)

 The first season of The Handmaid’s Tale has been a home run for Hulu — the series has been embraced by awards voters, and it was one of the streaming service’s most-watched dramas last year. This weekend, Hulu has been working to build up anticipation for the 13-episode second season, with the release of the first images and the announcement that the show will return sometime… Read More

Trump’s racist ‘sh*thole’ comment: Who censored and who didn’t?

TwitterFacebook

Trump’s racist comment about “shithole” countries shocked with its crudity, leaving the press figuring out how to deal with the word.

The U.S. president used the word to refer to Haiti, El Salvador and other African countries. Trump questioned why its people were were coming to America, and asked lawmakers why the U.S. didn’t accept more people from Norway, a majority Nordic (white) country.

In the original Washington Post report, “shithole” appears in all its unsightliness throughout the article and in its headline.  Read more…

More about Media, Politics, Culture, Donald Trump, and Immigration

Vice founders apologize for allowing a “boy’s club” culture at the company

 Vice Media founders Shane Smith and Suroosh Alvi say they are “truly sorry” for not doing enough to stop inappropriate behavior at the company. In a public statement issued shortly before The New York Times published an article on Saturday that described multiple accounts of sexual misconduct by Vice employees, Smith, its chief executive officer, and Alvi said they are taking… Read More

Mumbrella, a media startup focused on APAC’s marketing industry, gets acquired

 Inside baseball klaxon: media writing about media story incoming:: Mumbrella, the Australia-based media company, has been sold by its founders to U.S./APAC events company Diversified Communications.
Mumbrella operates media and marketing industry-focused websites for Australia and Asia, an events business and a database service called The Source. It has 33 staff across four offices. The… Read More

Amazon drops David O. Russell show as Weinstein fallout continues

 Amazon said earlier this week that it was reviewing its options around the shows it was producing with The Weinstein Company. Now it looks like the company has made a decision and is moving to sever ties with TWC. One show, an untitled project from director David O. Russell, has been canceled entirely. Russell, along with stars Robert De Niro and Julianne Moore, released a statement saying… Read More

Powered by WPeMatico

‪Instagram now autoplays video sound once turned on until you close the app

Autoplay audio can be annoying or convenient depending on the situation. Luckily Instagram has found a happy medium between defaulting autoplay video sound on or off. This weekend TechCrunch spotted that some Instagram videos in the feed were autoplaying with audio. Now Instagram has confirmed to us “this new update rolled out recently” and here’s how it works for all… Read More

Powered by WPeMatico

After canceling Sense8, Netflix is giving the show a two-hour finale

 Netflix, it had seemed, was the place where shows go to live again, not to die. Even though you can argue about whether those shows should have been brought back, and about whether or not fans’ fixation on complete stories is all that healthy or realistic, today’s announcement that Sense8 will get a two-hour finale feels like a very welcome gesture. Read More

Powered by WPeMatico

After canceling Sense8, Netflix is giving the show a two-hour finale

 Netflix, it had seemed, was the place where shows go to live again, not to die. Even though you can argue about whether those shows should have been brought back, and about whether or not fans’ fixation on complete stories is all that healthy or realistic, today’s announcement that Sense8 will get a two-hour finale feels like a very welcome gesture. Read More

Powered by WPeMatico

After canceling Sense8, Netflix is giving the show a two-hour finale

 Netflix, it had seemed, was the place where shows go to live again, not to die. Even though you can argue about whether those shows should have been brought back, and about whether or not fans’ fixation on complete stories is all that healthy or realistic, today’s announcement that Sense8 will get a two-hour finale feels like a very welcome gesture. Read More

Powered by WPeMatico

After canceling Sense8, Netflix is giving the show a two-hour finale

 Netflix, it had seemed, was the place where shows go to live again, not to die. Even though you can argue about whether those shows should have been brought back, and about whether or not fans’ fixation on complete stories is all that healthy or realistic, today’s announcement that Sense8 will get a two-hour finale feels like a very welcome gesture. Read More

Powered by WPeMatico

After canceling Sense8, Netflix is giving the show a two-hour finale

 Netflix, it had seemed, was the place where shows go to live again, not to die. Even though you can argue about whether those shows should have been brought back, and about whether or not fans’ fixation on complete stories is all that healthy or realistic, today’s announcement that Sense8 will get a two-hour finale feels like a very welcome gesture. Read More

Powered by WPeMatico

Crunch Report | Google To Stop Scanning Inboxes

Crunch Report June 23 Today’s Stories  Google now has all the data it needs, will stop scanning Gmail inboxes for ad personalization Samsung’s Galaxy Note8 will reportedly be the company’s most expensive smartphone yet YouTube TV expands to 10 more U.S. markets, adds more YouTube Red series Tesla said to be in talks to create its own streaming music service Credits Written and Hosted by:… Read More

Powered by WPeMatico

BrideClick acquires Mode Media

Mode Media The Mode Media story refuses to end — following its abrupt shut down last year, the company’s assets have been acquired by wedding-focused advertising company BrideClick.
Mode previously operated lifestyle sites including Glam and Foodie, plus a larger ad network that it said reached 144 million unique visitors each month.
The financial terms of the deal were not disclosed, but… Read More

Powered by WPeMatico

Group Nine Media says it got 114M social engagements last month

 With last fall’s formation of Group Nine Media, four digital media organizations (Thrillist, NowThis, The Dodo and Discovery’s Seeker) came together under a single corporate umbrella. Now the company says it’s seeing real success connecting with readers and viewers, with 114 million social media engagements in May — up from 70 million in January. As Group Nine CEO Ben… Read More

Powered by WPeMatico

Taboola intros Facebook-style ‘news feed’ to target mobile users with more links

 Taboola, the startup that works with hundreds of publishers to provide a set of links at the bottom of pages directing readers to more content on the site and elsewhere, has long positioned Facebook as the big competitor. Consumers scanning articles on Facebook, especially on mobile, are less likely to ever visit a publisher’s own site, even more so now with the introduction of… Read More

Powered by WPeMatico

Media Prima buys Rev Asia for $24M to create Malaysia’s largest digital media platform

 The U.S. isn’t the only market where media companies are consolidating to offer an advertising platform to rival Facebook and Google.
While AOL (which owns TechCrunch) is in the process of acquiring Yahoo, over in Malaysia a similar consolidation was announced this week — although not quite on the scale of AOL-Yahoo (Oath?!) and its $4.48 billion price tag. Media Prima, a… Read More

Powered by WPeMatico

Netflix is playing down the significance of its first major distribution deal in China

 Netflix has played down the significance of its first major licensing deal in China, news of which was announced this week. The company’s share price surged nearly six percent after it announced that it had agreed to a distribution deal with iQiyi, one of China’s largest video portals which was started by internet giant Baidu. The news was first revealed at the APOS 2017 event… Read More

Powered by WPeMatico

Netflix rival iFlix reveals its first original content series for emerging markets

 Fresh from raising $90 million from investors in March, iFlix, a Netflix-like service for emerging markets, has announced its first slate of original content. The Malaysia-headquartered business claims five million registered users across 10 countries — it recently branched out into Africa and the Middle East — for its service which costs around $3 per month. Beyond cheaper… Read More

Powered by WPeMatico

We don't need April Fools' Day anymore because we're living a fake news nightmare

TwitterFacebook

I remember the halcyon days when April Fools’ Day was a bit of harmless fun. We’d read fake stories from the newspaper over our cornflakes and have a good chuckle. Fake news was just something that happened once a year. But, those days are gone

We are now living in the age of fake news; where mistruths are presented as truths, and believed at face value. Fake news is no longer a once-yearly event, it’s a 365-day-a-year news cycle. And, that’s why April Fools’ Day needs to die. 

“April’s Fool Day is a day when you have to constantly engage the critical and sceptical part of the brain so you don’t get duped,” says Claire Wardle, Director of Research and Strategy of First Draft News. “Now that we are increasingly encountering information that has been fabricated, manipulated or is downright misleading, we need to be engaging those same parts of our brains every day and questioning what we’re seeing in our social feeds.” Read more…

More about Krispy Kreme, Business, Media, Politics, and Presidential Election

Powered by WPeMatico

Facebook opens up 360-degree live streaming to all

 Facebook just made live streaming 360-degree video relatively easy, provided you have the equipment to capture the content. Users of devices like the new 2017 model Gear 360 just announced at the S8 smartphone launch, or the Insta360 Nano (for iPhone) and Air (for Android), or a host of higher-end models designed for pros, you can go live and broadcast an immersive feed for your audience.… Read More

Powered by WPeMatico

As hyper-conservative media surged, Republicans’ trust in news cratered

 In 2000, Republicans, Democrats and Independents were all within six percentage points of one another in terms of their trust in the media, ranging from 47 percent to 53 percent. But since that time, figures for both Independents and Republicans have been declining, with Republicans generally declining at a sharper rate. Read More

Powered by WPeMatico

Sorry Trump, even Fox News thinks your wiretapping claim is BS

TwitterFacebook

Not everyone at Donald Trump’s favorite news network is gobbling up his latest piece of red meat.  

Fox News anchor Shep Smith countered Trump once again Friday, this time aiming his measured, declaratory tone at the president’s outlandish claim that his predecessor was wiretapping him.

“Fox News knows of no evidence of any kind that the now president of the United States was surveilled at any time in any way,” anchor Shep Smith said during a Friday broadcast. “Full stop.”

Smith’s “full stop” comment, which was spread widely on social media, comes after analyst Andrew Napolitano claimed on Fox & Friends Tuesday that “three intelligence sources have informed Fox News that President Obama went outside the chain of command” and requested British intelligence officials spy on Trump. Read more…

More about Trump, Politics, Media, Fox News, and Shep Smith

Powered by WPeMatico

Netflix is replacing five-star ratings with thumbs up or down

 Netflix announced today that it would ditch its standard five-star rating scheme in favor of a much more simple thumbs up or down option. The streaming service said it had been testing thumbs up and down ratings “with hundreds of thousands of members” in 2016 – and it led to 200% more ratings being given. This makes sense – giving a five-star rating takes some… Read More

Powered by WPeMatico

OceanGate plans an expedition to 3D scan the Titanic

 Seattle-based OceanGate Inc. this week announced plans for a manned expedition to study the R.M.S. Titanic, the world’s most famous shipwreck. Fewer than 200 people have ever visited the Titanic since it sank in April 1912 according to historians’ estimates. To put that in perspective, more people have scaled the summit of Mt. Everest, or flown in space. The new expedition,… Read More

Powered by WPeMatico

Hulu’s new live TV service scores A&E’s channels, loses Viacom

 Hulu’s forthcoming live TV streaming service is starting to shape up. Today, the company announced it scored a deal with A&E Networks, which will bring six more channels to the core package, including A&E, History, Lifetime, LMN, FYI, and Viceland. The deal follows others Hulu has made with CBS, 21st Century Fox, and Disney which, combined, add 40 networks to its service,… Read More

Powered by WPeMatico

Chinese dating app Momo sees record revenue growth thanks to live streaming

American dollars falling in the sky Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Momo, China’s top location-based social networking app, has continued its impressive user growth from last year and added solid financial figures to back it up, according its most recent earnings report. The company, which was previously backed by Alibaba, went public… Read More

Powered by WPeMatico

BBC's shortwave transmissions from Thailand go dark, after talks fail

TwitterFacebook

The British Broadcasting Corporation announced Wednesday it is ending its shortwave transmissions from Thailand after 20 years of operation, because it failed to reach agreement with Thailand’s military government on a renewal of its operating permit.

Shortwave transmissions are radio broadcasts in the AM band. Demand for AM receivers has dropped steeply over the years, but the BBC had still employed 45 staff members, who may lose their jobs with the decision.

Its Thai transmitters were serving the East Asia region. The BBC moved its East Asia relay station to Thailand from Hong Kong after the handover of the British colony to China in 1997. Read more…

More about Shortwave, Bbc, Thailand, World, and Media

Powered by WPeMatico

Getty launches new partnership to promote positive images of Muslim women online

TwitterFacebook

Amani Al-Khatahtbeh often starts her public speaking gigs by asking the audience to whip out their phones, do an image search of “Muslim women” and see what pops up. They usually gasp at the results — pages and pages of one-dimensional stock photos showing women behind black veils, failing to capture the diversity of Muslim experiences. 

“It just occurred to me that I shouldn’t have to use that example anymore,” Al-Khatahtbeh said.

It’s a problem that Al-Khatahtbeh is ready to fix. As the founder and editor-in-chief of popular online platform MuslimGirl.com, she’s teamed up with Getty Images to launch a new series of creative images and stock photos showing a range of modern Muslim women being their true, authentic selves. Read more…

More about Representation, Diversity, Islam, Muslim Women, and Media

Powered by WPeMatico

New Internationalist magazine turns to crowdfunding to secure independence

 There can be little doubt that journalism and media is under a bit of an onslaught at the moment. The desire to deliver independent, trustworthy news runs deep, but can often be at odds with pressures from owners and advertisers. To that end, 44-year-old magazine New Internationalist is turning to its readers in a “community share offer” in a bid for sustained independence. Read More

Powered by WPeMatico

Why newspaper subscriptions are on the rise

Newsboy wearing flat hat holding newspaper and shouting to sell.Megaphone in right hand, and newspapers in left hand.Model is wearing red suspenders.The image was shot with Hasselblad H4D So much for the death of the newspaper industry. A recent study found that more than 169 million U.S. adults read newspapers every month, in print, online or mobile. That’s almost 70 percent of the population. Why are readers and publishers alike embracing paid subscriptions for content services over ad-based business models? Read More

Powered by WPeMatico