Old Media Embraces New Media to Survive.

Traditional Media is not making it in it's current form. In order to survive traditional media must adapt and revive it's strategy to new forms of social and consumer generated media.

As radio is losing listeners, and therefore advertisers, it is adapting by streaming media online and supplementing advertising with online ads. So the adage trading analog dollars for digital pennies is the finally coming true. The iPod had a lot to do with that, you no longer had to wait for the radio station to play the song that you wanted to hear, but you had it on demand straight from your digital device. Radio is dying. Streaming media everywhere, Sirius/XM Radio is coming with just about every car on the market, for at least one year. Pandora, Last.fm, and other streaming radio sources split up by numerous genres are taking over. Many with fewer ads, and some with pay models that allow ad free listening. Talk radio is the only radio format that seems to be translating very well to new media. With sponsors for podcasts, talk radio format has adapted into a new format we now call podcasts. They have exclusive the interview and behind the scenes coverage of the celebrities, politicians, and heads of companies that are available nowhere else. So Radio is making its way onto the web one way or another.

TV is on its last breath. Netflix, Hulu, Apple TV, Boxee, Roku, and Google TV are yet a few of the digital mob set out to kill traditional television. The traditional old media such as NBC, ABC, CBS, and FOX are losing ground to these new competitors. They are trying to strike deals with the newcomers but generally they are just to greedy to give up the dollars that they can get from their old business models. Local News which has always been a little on the lower end and lower budget as the market rank got lower are struggling even harder now to find a mix of online and on-air medium that will benefit them monetarily. The car salesmen and car wreck lawyers, and whatever other local businesses that can afford to advertise during the local news are now competing with cellular carries and travel companies for your time, which is the real commodity in the age of information overload.

Magazines are on life support. iPad apps that have the look and the feel of a regular print magazine. Glossy magazines bought on newsstands are combining. For Instance CondéNast took away operations and maintenance of its individual magazine websites from CondéNast. Since then, sites tied to magazines like Glamour, Vanity Fair and Portfolio were run separately from CondéNast the latter oversaw Wired Digital along with portals like Concierge.com and Epicurious.com. Obviously seeing that printing pulp was no longer as profitable as just publishing online. With the iPad and other tablets emerging, they are just as glossy, but much cheaper to produce.

Newspapers are dead. Really? Doom and gloom makes good headlines but the media is healthier than you might think. Yes they are making it just fine. The digital models of advertising are working, and fine tuning the pay walls are just the beginning of the transformation. The current pay wall models are too complicated to work smoothly and efficiently, but eventually as soon as they can solve the micro payment problem, supplemented by ad views, then they will begin to become a whole new animal. Really the big winners int he print game are the weekly papers. They are actually growing. Local content is now so exclusive, that people are willing to subscribe to both digital copy and a Print copy. Larger papers are just regurgitating reposting AP stories that you have already read on aggregator sites like yahoo or Google news.

Traditional media outlets have embraced new media just in time to stop their freefall. The truth be told, twitter is the fastest media outlet found anywhere in the world, excluding the fail whale appearance. For instance Celebrity deaths, foreign revolts, and earthquake news is reported so fast on twitter that CNN, HLN, MSNBC, and FOX NEWS are just repeating tweets from two hours before. With all of the changes that are now taking place with media it takes a savvy person, and smart people to monitor and make sure that you know what you need to know about what is being said about your company online and in traditional media forms. As in the past there is no one type of media is going to be the messenger for all of the relevant news for you. Multiple forms of media are needed to deliver the news and monitoring these media sources requires outsourcing this to companies such as magnoliaclips.com to make your job easier. Magnolia Clipping and Broadcast Monitoring Services does monitor multiple media monitoring - Print - TV - Radio - Internet - Blogs - Social Media - Media Analysis-Measurement! The goal is to transform this data into information & information into insight.

Multiple services are needed to follow all of the media.

Why Monitoring the Media is getting harder as the types of media are segmenting. With Television, and Radio, Traditional media monitoring services are substantial resources to follow "Old Media". Traditional media monitoring services can follow TV, and Radio, and Newsprint just as well as any other service. These services are usually a regional service that provides service in that part of the country. Regional Service CANNOT be overlooked as they have the most comprehensive list of media that is covered for that area. They are have Hyper-local coverage containing weekly papers, local newscast and local radio coverage that has a very limited reach. So if you are tracking something for that community and need to know the impression that the media is giving in that community, then that is your best shot at getting ALL of the coverage that is available.

So with the advent of twitter and Facebook and many other blogging services, RSS is now becoming a real tool to monitor what can be said in the internet world of media. Google alerts is great to get a huge number of hits about a generic topic, but if you are a State Hospital Association for instance, then the number of hits that are found is intimidating. There are too many hits that are false, and Google alerts does not allow you to track these hits with a limited geography of where they originated.

A combination of traditional media monitoring services, and new media monitoring service, or Traditional monitoring services that now offer internet monitoring is the way to go. You will find that there is some overlap from the printed edition of the newspaper and the online version of the newspaper, but only by about 20%. There are many ads that never make it online and there are many article and blog post that never make it to print. Advertising is a whole different ballgame when you are talking about internet vs print.

Solution: A multifaceted approach for media monitoring is needed in order to monitor everything. You will need to use a Traditional Clipping Service, that can provide clips online in a digital format, Broadcast Monitoring Service that can provide online stats and preview of those clips found, and a Internet Media Monitoring service that is versed in RSS and Feeds and can help you set up alerts for yourself to monitor. Google alerts if good if you have $0 budget, but you will spend more time weeding out false hits and the likelihood of missing something is far greater than if you use a professional service.

Please contact me if you wish to discuss this in any further detail. you can find all of my contact information just about anywhere on the web. I am VIDEODRED or Dred Porter all over the internet. Full Disclosure I own and operate a monitoring service, but we are regional in nature and If I can not provide service for you I will tell you straight up, and can refer you to possible contacts that may be able to help from the national association NACPCS (North American Conference of Press Clipping Bureaus) nacpcs.com

Dred P. Porter, Jr.
Magnolia Clipping and Broadcast Monitoring Service
298Commerce Park Dr. Suite A
Ridgeland, MS 39157-2237
dredporterjr@magnoliaclips.com
videodred@gmail.com
Office - 601-856-0911
Cell - 601-946-1207
Google Voice - 601-790-0417
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http://www.magnoliaclips.com/ - Magnolia Clips Website
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Historical Clipping Services

Check out this post found at http://w5ran.com
Clippings

These types of services have been around for over 150 years, as good as Google is and as comprehensive as the searches can be, not all of the information that is printed in the newspaper can be found online. A typical example of this is advertisements. Hospitals continue to advertise in the hard copy of the newspaper. So to track these advertisements a newspaper clipping service is necessary to gather all of the media from the print version of the newspaper. Press Clipping Services continue to thrive as online media differs from traditional print media by more that 80%.

Here is a list of all of the Newspaper Clipping Services that continue to operate and belong to an organization called the NACPCS http://www.nacpcs.com

There are additional services run by The Associated Press, and other state press association, all over the country.

People are Still Necessary to Provide the Best Media Monitoring

ALTHOUGH THE CLIPPING SERVICES HAVE UNDOUBTEDLY MADE A GREAT PROGRESS SINCE THE TIME WHEN ARTICLES WERE CUT OUT FROM THE PAPERS WITH SCISSORS, CLIPPING IS STILL JUST PARTLY DONE BY SOFTWARE AND TECHNOLOGY. GOOD SOFTWARE AND STATE-OF-ART EQUIPMENT ARE A VITAL PART OF CLIPPING SERVICES TODAY, BUT IN THE SELECTION OF RELEVANT CLIPPINGS, PEOPLE STILL HAVE THE LAST SAY.

At one of the conferences organized by FIBEP, an international association of media monitoring bureaus, one of the delegates expressed his concern about the increasing number of internet search engines and their complexity, as well as an increasing number of media that, apart from their printed edition, also have an online edition.
However, what seems to be a potentially dangerous area for clipping agencies is, in fact, an advantage. An increasing number of media and their availability
online means that it has become a lot harder to find the right information and that there is an increased need for a professional service in selecting the abundance of information.
Selection of information is the part in which software, no matter how good it is, still can’t entirely replace people. Nobody can deny the important role that technology plays in media monitoring and information processing. That role includes a
whole spectrum of functions: from the selection of clippings to generation of clipping reports, as well as a variety of value-added services such as the generation of different statistical reports, online clipping delivery etc. Clipping process consists of several important stages, and the first one is, of course, to define topics and key words. Key words tracking is usually not a problem, but topic
monitoring is a bigger challenge, especially in the case of general topics such as news from tourism, legislature etc. For example, an article wholly about, let’s say, a visit of a state official to an institution or company can have a sentence or two containing very important information for a client. There are countless examples illustrating how hard it is sometimes to assess if an article is important for a client or not. The next stage in the clipping process is the input of data into the database. In this stage it is necessary to type in basic information about every clipping.

Magnolia Launches Internet Monitoring

Ridgeland, MS, April 25 -- Magnolia, the leading media intelligence provider, announces the launch of its Internet broadcast monitoring service.
Whilst Magnolia has monitored and analyzed the impact of print and broadcast media coverage on behalf of leading corporate, financial, PR and public sector clients for a number of years, the company is now able to seamlessly integrate Internet content into its range of monitoring and analysis services.
Commenting on the service, Dred Porter, Managing Director at Magnolia said "We have responded to client demand for a service that is fast, accurate and delivered in a simple to use format. Because the impact of Internet news can be immediate, we update our database hourly."
Magnolia has developed a proprietary system based on search technology that searches Internet and Blogs, effectively in real time. "This allows us to create a searchable database from which our searches to extract and assess content relevant to our clients' requirements," says Porter.
Internet news content is delivered via email alert and available alongside other media coverage via the Magnolia Media Portal that allows clients to carry out a range of activities including the creation of coverage and analysis reports, and historical searches by media type, coverage area or keyword.
As well as covering all local newspaper and TV websites, and blogs, Magnolia Monitors ALL major national and regional television and radio stations, the service is unique in having Hyper Local coverage so end-users can access all of the content available. Magnolia's Analysis Products can now contrast the impact of broadcast coverage against other media channels including Print and Internet Sources to help focus PR activity.

Note to Editors:
Magnolia is the leading provider of media intelligence services in Mississippi and the Southeast, providing press, online, broadcast and social media monitoring, media analysis and forward planning services to support PR and external communications activity. Magnolia is based in the Ridgeland, and retained by many corporate, financial, PR, charity and government clients.

For further information, contact: Dred Porter, Jr. Marketing Director, Magnolia (601) 856-0911 Dredporterjr@magnoliaclips.com 298 Commerce Park Dr. Suite A Ridgeland, MS 39157 www.magnoliaclips.com

Media Monitoring Traditional vs New Media the rule of 40-40

It is the Rule of 40-40… 40 % of the papers in Mississippi have websites that are updated regularly, of that 40% they only include 40% of the content. Now this is an average, and as we papers progress there are more and more websites for newspapers. But the newspapers are protecting their content & subscription base from the web by not publishing everything that they have so that they will retain some of their subscribers.

40% of 40% is 16% ---------So only 16% of what is published actually makes it to the web.

The methodology that I used to get these numbers was taking a single newspaper and clipping every article out of the paper and searching for those articles on the website.

I automatically excluded ads (Advertisements are completely different on the internet than they are in print)
I automatically excluded AP stories (Associated Press stories can be included on website, but the paper must pay for those stories to run there -
I automatically excluded classifieds (Classifieds are different that what is on the internet, and frankly classified revenues are going down the tubes since the advent of craigslist and eBay)
I included what was left, original articles, sports news, TV listings, entertainment and Calendars from that paper only are an average only 40%. Realistically the hard news is only about 20% of the paper’s original content.

I have not done such studies with TV and Radio websites but they have to be much lower than print. So in a sales call or a reply to a blog posting, I respond with the following. This is a typical explanation for why marketers and PR professionals need to include newspaper clipping & broadcast monitoring services in their tool belt in addition to Google / Yahoo alerts and other online monitoring services. But know you as well as I do that perception of what the client’s needs are different from reality.

Actually Google only monitors and indexes about 4500 news sites with Google alerts. The reality of matter is that as the newspaper industry is fighting with how to create revenue and fighting the online new media threat they are actually holding back many of the stories from their websites. The truth of the matter is that not every newspaper has a website with content it is actually about 40% but growing of that 40% they only post 40% of the content. You must exclude AP stories, ads, classifieds, and most sports stories. So 40% of 40% is 16. 16% of what is printed actually makes it to the paper. The same is true with TV sites as well, but even less of the coverage is on the web. Radio stations mostly have promotions and contest and virtually no news content. Twitter is easy to monitor but not understood by 85% of the population. You do the math. Is an online monitoring service with FREE tools going to compare with media research professionals that actually know the news. I don’t think so. Check out http://newsmediamonitoring.blogspot.com or http://www.magnoliaclips.com for more in-depth information about this topic.

Regarding a traditional media strategy in the Web 2.0 World

I recently read an post on Kevin Bondelli's blog, and was prompted with these ideas.

I will have to preface this by stating that I own a newspaper clipping service. One thing that PR Professionals should realize, is that everything is not on the internet.

Anyone interested in finding out everything about a particular media campaign should already be aware of this. Next, everything realize that not every reads blogs and even knows what an RSS feed is. Now we get to content. As a newspaper clipping service, and broadcast monitoring service, I am keenly aware of what content from the traditional sources are available on the internet. I did a study about 8 months ago. Every newspaper that I subscribe to as a clipping service does not have a website. Less than 40% of the papers have websites. Some have full content, and others have a simple pamphlet page, or a subscription sign up page. So for one week, I clipped every article out of the major paper, in Mississippi, then compared the clips to what I could find online. I found less than 40% of the content from the papers actually made it to the internet. Some of the things that are in the paper but not on the internet, are advertisements, sports box scores, classified ads, obituaries, AP stories, and a few other things.

Next television, and radio are again not on the internet. While every television station that provides it own news content does have a website, not all of the content makes it onto the internet. The top stories are just about all that makes the cut. Radio stations will have a website most of the time, but you will be hard pressed to find a radio station that stores the news as podcast or even less that have a text feed of their news. So all of that being said, PR professionals will continue to need some one to read the newspapers, watch and log the TV news, and Radio until they are completely gone. (a very long time from now) One other critical thing to mention is how to effectively measure the audience, ad rates, and publicity values. This is simple enough in
traditional media, but can be costly. If this left to monitoring service or a clipping service, which do these things everyday, you can save a bundle by utilizing their resources. I admit that the online world is growing a lot and web 2.0 is becoming the new way to distribute press releases, and make an impression on the new media.

To address a few of the other things in this article Google alerts, and RSS feeds. Google alerts are often as many as 10 days late on indexing. Google alerts also have no boolean search syntax. This means there is not way to get a specific phrase without having to get all of the rest of the just that goes along with those keywords. Typically only 1 in 5 hits on Google Alerts will be the results from your press release. RSS feeds are not available for every news source on the internet. Again with this you must wade through the junk to get to the relevant material. To effectively monitor the media you must monitor all forms of media, Print, TV, Radio, Internet, and Web 2.o social or conversational media.

Traditional monitoring services like magnoliaclips.com can get most of if not all of the materials that you are looking for. By getting this from a one stop shop you save significantly, rather than having to pay 5 different service.