Traditional Publishing versus Digital Flow
November 24, 2014
I read “Technology Set Journalism Free, Now New Platforms Are in Control.” I reacted positively to the word “platforms.” After I read the essay, I am not convinced that the platforms mentioned in the article are in control. These platforms have the appearance of control, but I think Facebook, Twitter, and other big consumer services have a flaw. The content streams can be manipulated, often easily. There are platforms that operate outside of the consumer sector. Some of these platforms are far more important than channels that disseminate content (either well intentioned or weaponized).
The challenge publishers who want to use print as a revenue generator and as a way to enforce information control on a customer segment face a number of challenges. The big one is figuring out how to make money as monopolies develop in various sectors. There are some interesting efforts to combine print and digital; for example, the Monocle operation. For most of the companies wanting to tap print’s unique power, the problems require clear thinking. When I have been asked to think about how to make print work, I extricate myself from that engagement. I am probably able to come up with useful ideas, but I want to spend my time working on more interesting problems.
The flaw in this write up and others that try to find a place in today’s world for certain approaches to information is cost. As soon as paper is involved, the expense of buying it, printing on it, shipping it, and delivering it are greater than the money most companies can generate by selling it. Without money, the companies accustomed to information control and its attendant power have a big job to do.
Niche outfits may be able to do okay. But the big companies dependent on print thinking are probably going to fall out of their leather chairs.
And what about the platforms that most do not see or do not seek out? These will continue to expand their reach, scope, and capabilities. When cheerleaders for Facebook and similar companies wake up, another paradigm shift will be well underway.
What’s interesting is that today’s new platforms will be facing the challenges print publishers deal with today.
Stephen E Arnold, November 24, 2014