Virtual Fourth Estate

A few articles that have to do with newspapers caught my attention in the last couple of weeks. One was the fact that Instablogs, is doing something I desperately wished it would do – opening the network for external blogs. I personally consider Instablogs a good benchmark for what online news sources should be,  going forward. If you haven’t checked out Instablogs yet, now would be about time!!

The second was an article on whether we need editors anymore. That question would be quite controversial in any case, but it helps when The Guardian asks this. It is quite a compelling read, and makes some telling points, on how editors should evolve in the digital era. I think that it also points to a mindset change in the newsroom and the presentation of news, because the way news is consumed is also changing. “Reporting becomes a process more than a product” and thats a fundamental shift in the way newspapers approach the business. Here’s a great read on the subject. It is sad to see how newspapers, with some of the best resources, are not able to channel it to better use on the internet. This is a perfect example for what I’m trying to say. Now, once you’ve thought about all this, check out Instablogs’ tour. It might explain why I find the site awesome.

Why is it important for newspapers to address the digital mindset issue? This data, (via here) though pertaining to the US shows how blogs and the online medium in general is making inroads into what was till now, the newspapers’ domain.

While, with a 4.5% penetration, newspapers aren’t exactly on a ‘near-death spiral’ in India, I believe it still might be just a matter of ‘when’ rather than ‘if’. Speaking of which, the last article I wanted to discuss was one on WATBlog about Indiatimes’ launch of Hotklix, a Digg like service. Like I commented there, it would’ve been a great way for TOI, ET and all the publications of the Times Group to showcase the loads of content that they possess. How about seeding articles on a daily basis? Where is the integration of the TOI, ET websites with Hotklix, where I can bookmark an article immediately after I read it?

On an aside, there are traditional news networks doing some pretty cool things on the web. CNN, for example, is allowing users to embed videos in blogs social media etc. No, that’s not a newspaper, I know, but it does come under ‘traditional media’. But even CNN received some flak a couple of weeks back. CNN is present on Twitter, and I happened to see this article, where a few users got pissed off with them for spoiling their Olympic fun. But that doesn’t stop the mashups. Take a look at Dialogg, their collaborative effort with Digg.

Given that newsprint costs are rising, all over the world, and people are increasingly raising an uproar over cutting down of trees, I think its about time that newspapers took a long hard look at how the digital medium is transforming the content landscape. After all, we even have sanskrit newspapers going online. By digital, I don’t mean just the web, it could be the mobile too. 9.22 million subscribers have been added this month. I would like to compare it with the circulation additions for newspapers. Meanwhile, just read about an effort – MeraMobi, by the Dainik Bhaskar group in association with Pitroda Group LLC.

Traditional media, especially newspapers, world over, have painstakingly created an equity and trust factor that’s extremely relevant in a transparency and trust led digital era, it would be sad to see it wasted. After all, with increasing global warming fears, newspapers might soon occupy the space that furs occupy now, so it might make sense to hunt for some virtual fourth estate.

until next time, read….online? 😉

7 thoughts on “Virtual Fourth Estate

  1. @mukund no problem, i think i was stunned for a moment, thats all 😀 … once again, the first thing is that this was not a newspaper death knell post.. when i see rediff way above indiatimes, i feel a better play of TOI online could have made a reversal possible.. i was trying to say that newspapers need to be ready, and give the digital medium due consideration, which they are not doing currently.. if any newspaper, ‘investing’ thousands of crores on printing machinery, and with a great brand equity offline, cannot bring that equity online at this juncture, when the net is poised to take off in India, i believe its not doing justice to itself, its not being future proof.. now, i went through the link, i repeat, circulation is increasing, though the relatively high percentages are also because of a large number of new players, and old players in new markets.. newspaper sales (circulation, as recorded by abc) is different from readership (as recorded by irs, nrs).. the former is a relatively easy thing to do.. the best example is deccan chronicle in chennai.. high circulation, low readership, because they ‘dump’ copies on vendors… you might have possibly experienced the same here, when a vendor forces a paper on you, even if you dont want it, and perhaps doesnt even bill it to you… so you become a buyer, but not necessarily a reader.. if you want, i shall send you the abc and irs figures, so you can analyse the difference…

    balu: first, what is my point? where have i said that tomorrow you might not get your newspaper because they have become extinct? Where have i talked about revenues, or readership for that matter? if the reference is to mobile vs newsprint, compare the total rise in circulation… with a base of about 99 million copies, the annual growth is about 12%..http://www.wan-press.org/article17377.html.. that makes it about 12 million per annum, mobile figures are 9.22 million per month… while they may not be high end gprs enabled phones, news after all is just an sms away.. now please see the reply to mukund above on readership vs circulation… as for my point, it was only that newspapers need to use the digital space more smartly, guess i really didn’t get it across..

Leave a Reply

Your email address will not be published. Required fields are marked *