“The [FT] expects this year that direct payments for its journalism will exceed print advertising revenue, that wheezing engine that still sustains almost every other newspaper. While other publishers have struggled to make 10% of their revenue online, the Financial Times projects that its digital work will create one-third of its revenue by 2012.” —
Financial Times charges into future — LATimes.com
Note also the strong luxury events business.
Recent learning: maintaining and carefully extending a well-defined, trusted journalism brand is strategically crucial — in this climate and always.
(Thanks Elissa.)
My first word was “cookie.” I think that explains a lot.
“Besides, who are we in the U.S. to complain about vuvuzelas? We gave the world Twitter and Ke$ha.” — Should This Horn Be Banned? — The Couch — WSJ.com
I’m coming for you, WSJ Lunch Box badge.
We’re super psyched about the new “Add to foursquare” button that The Wall Street Journal is rolling out today! Now, when you’re reading a restaurant review or other cultural coverage on WSJ.com, you’ll be able to click a button to add the venue(s) mentioned in the article to your foursquare to-do list, along with a tip written by a WSJ editor and a link back to the original article.
The Wall Street Journal is our first partner to experiment with the “Add to foursquare” button, but we hope to start rolling out this feature for other partners soon. Stay tuned!
Paramount to make ‘Les Grossman’ pic for Cruise — Variety.com
Thank you, cinema deities.
[video]
“We’re certainly witnessing the slow decline of Popular Culture’s influence in our lives—particularly if you are young and well off. And like any good meme, Internet Culture will continue to gain influence over more and more groups of people.” —
Ben Huh, CEO, Cheezburger Network
I think this is overstated. I like LOLcats as much as the next guy (ok, maybe not quite as much), but the only time I spend consuming it is when it pops up on my Tumblr dashboard.
Similarly, as I was discussing with my former colleague and web series pro Wilson Cleveland yesterday: I’m all for homegrown “Internet Culture” shows like The Webventures of Justin & Alden — but I just don’t consume them very often. And I don’t think it’s a generational thing, because I’m typing this while streaming the Red Sox game and watching “popular TV” haltingly delivered by TW Cable.
That said, I probably spend as much time discussing news/memes generated and/or distributed digitally as I do talking about “popular” movies or TV shows. So maybe it’s a quality thing when it comes to entertainment — I prefer the higher budget TV stuff.
Or maybe discovery is my problem, and I need to spend more time poking around Blip.TV and scouring YouTube to see what’s out there instead of waiting for Season 3 of True Blood and the return of Mad Men.
Maybe.
A Guide To The Cultural Battle That Is Reshaping The Media Business | paidContent
Data Shows Where Locals, Tourists Snap Shots of NYC — Metropolis — WSJ.com
Cool data adaptation. Love taking photos along the Hudson, too.
Helpful primer, though perhaps a little one-sided.
WTF Is HTML5
Click through for the full-size infographic.
(via: soupsoup:ohryankelley)
“Marcus Scutaro hit three doubles and scored twice as the Red Sox improved to 9-2 on the road since May 18.” —
Marcus? Who’s Marcus?
Obviously the AP has a baseball beat reporter on this one … not.
Boston Red Sox vs. Cleveland Indians - Recap - June 07, 2010 - ESPN
