The budget online: Liveblogging and Twitter dominate news orgs’ coverage

Today’s budget announcement is being billed as the most significant of recent times given the UK’s current financial woes.

This is both a breaking news story, but one that requires closer analysis and follow up – and, perhaps most importantly, the ability to make it relevant to the reader.

So how are news organisations covering it online and who’s ticking these boxes?

Telegraph.co.uk
Currently performing well in Google News search for budget, the Telegraph is going in big on online coverage today.

It will be updating throughout the day via its @Telefinance Twitter account (headed up by @hrwaldram). Meanwhile a trio of Telegraph reporters have been liveblogging budget news since 6:30am.

On the subject of Twitter – the Telegraph has reinstated its Twitterfall – an embed aggregating all Twitter updates marked #budget. The feature had to be taken down earlier in the week, because of some mischief, but so far so good with the tweaked (filtered?) version.

In addition there’s a nice ‘What to expect’ guide breaking down the issues that are likely to feature in the budget announcement.

FT.com
Arguably the go-to site for budget coverage given its specialism, the FT is building on tried and trusted features from last year (a budget day podcast, video analysis, a budget calculator) with a new liveblog from 12pm covering Alistair Darling’s speech, editor Robert Shrimsley, who will participate, told Journalism.co.uk.

The format is based on the site’s MarketsLive feature successfully developed and used by its Alphaville blog. As such it will ‘bring people people up to speed, but inform them in an entertaining way’. Financial analysis but entertaining – two styles that rarely meet, said Shrimsley, but that will be key to FT.com’s liveblogging of the budget.

“There’s a premium on getting that information out and telling people what its means. We feel at the FT that we have the right people to pass on that analysis,” explained Shrimsley.

There will be a Twitter feed too, but it’s crucial not spam people with updates, he added. Readers are encouraged to participate in both this stream and the liveblog though.

Alphaville isn’t being used as a lab for experimenting with new ways of coverage, he stressed, but there is potential for more liveblogging across the site. It’s important not to overdose on technology, however, but to use only when applicable, he added.

“Can we offer our audience what is worth reading? There’s lots of innovation on the internet and there’s lots that you can do – that doesn’t mean you have to,” he said.

Channel 4 News website
More use of Twitter by the Channel 4 news team – as introduced by presenter Krishnan Guru-Murphy in the vid below:

There will also be use of CoverItLive (CiL) for a liveblog starting at 12pm, which was similarly used in the site’s coverage of the G20 summit.

Some nice additional touches include the use of FactCheck to test the claims made by the chancellor in the budget; and a wordcloud (or Snowcloud) of Darling’s announcement.

Sky News Online and Times Online
A specially built budget page has been set up including a liveblog, live video streams of the budget speech, and analysis from bloggers, tax experts and taxpayers, the site told us. There’s a good guide to how to use Sky’s online coverage too – one particular highlight, the chance for users to get answers from PKF UK tax accountant Matt Coward.

Meanwhile Times Online will be following up its excellent liveblogging of the G20 summit with a version starting at midday today.

Liveblogging at regional level
Deciphering what the budget means for the average news reader is being tackled head on by the Newcastle Evening Chronicle with a liveblog taking place across a number of Trinity Mirror centres.

“We’ll be mainly trying to digest it for *normal* people with rx [reactions] from experts, rather than the scary £180bn debt figures,” said Colin George, multimedia editor, in a Twitter update.

Wales Online (bringing in a tax expert) and the Birmingham Post – under its dedicated Live! Section – also host budget day liveblogs (using CiL again).

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UK Newspaper alliance calls for merger process to be modernised

Seven of the UK’s largest media publishers have produced a report urging the Office of Fair Trading to improve the process for newspaper mergers.

The publishers, known as the Local Media Alliance (LMA), submitted the 108-page report, titled ‘The Case for Modernising the Approach to Local Media Mergers’, on March 31.

The LMA believes the system needs updating to reflect the changes in today’s local media markets and to ensure there is a long-term future for local newspapers.

The report details what the group want changed in the merger process, including more flexibility with newspaper mergers, so the industry can move into the multimedia sector more easily.

Roger Parry, chairman of the LMA explained the importance of the mergers process in the introduction of the report.

“This consolidation will support local efficiency and effectiveness to the benefit not only of the larger publishing organisations but also smaller publishers who will be able to grow their businesses through title acquisition or exchange that has previously been prevented.”

The LMA said changing the process would not deny local advertisers the choice of where they allocate their media expenditure, nor prevent readers from being able to access local news from local journalists. Local titles could be protected by creating merged organisations with a clear focus on local media, it said.

According to the report, there are 40 million readers a week for print across 1,300 newspaper titles, while 24 million users access 1,200 local newspaper websites, which shows that the local newspaper industry remains a large and diverse, with 87 publishing groups.

“It is the firm belief of the LMA members that print publications will continue to play a pivotal role in the local multimedia business of the future,” added Parry.

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It’s Hyperlocal™, says HelloMetro.com

As part of a release announcing the recruitment of 17 content editors across its network of local news and information site, HelloMetro.com has also declared that it has trademarked Hyperlocal™.

“With this new distinction, the company continues its quest to provide the most up-to-date local and Hyperlocal™ information for its users,” the release states.

In the UK a trademarked should not, according to the Intellectual Property Office (IPO), are not registrable if they:

• describe your goods or services or any characteristics of them, for example, marks which show the quality, quantity, purpose, value or geographical origin of your goods or services;
• have become customary in your line of trade;
• are not distinctive

Things may be different in the US (am still looking for a definitive, easy-to-read guide of TMs), but surely the UK criteria of not being ‘customary in your line of trade’ should come in here? Hyperlocal has passed into common media parlance – see this morning’s news of the New York Times’ local project.

Plus – is the phrase already trademarked in the US? and what’s the point?

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Microsoft’s Photosynth as a storytelling tool

Speaking at yesterday’s Association of Online Publisher’s (AOP) editorial technologies event, Microsoft executive producer Peter Bale extolled the virtues of Photosynth as a new visual storytelling tool.

The experimental, but publicly available tool, was used by CNN in its coverage of the Obama inauguration to thread 100s of photos together. These create a scenic panorama but can also be drilled into using additional feature Deep Zoom:

Within MSN its being used five or six times a week and the team are learning more about its capabilities with each use, Bale told Journalism.co.uk.

The product is being deployed commercially e.g for motoring sections to show car interiors in high detail. MSN also used PhotoSynth to display professional and user-contributed images during the recent heavy snowfall in the UK.

“What we’d like to do a lot more of is multiple crowd-contributed pictures where you can get several hundred or thousand people contributing a picture of a similar event, stitched together in a communal panorama,” he explained.

Photosynth works in combination with Microsoft’s alternative to Flash, Silverlight, which Bale says is ideally set up to enable map mash-ups and overlaying other content onto the threaded images.

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Guardian mobile; Daily Mail targets US audience on Kindle

Guardian.co.uk will be available as a new mobile site from March, a release from the publisher has confirmed.

Specific versions of m.guardian.co.uk will be available for iPhone and Blackberry handsets will be released. The decision to launch a dedicated mobile site follows growing mobile traffic to the Guardian, Adam Freeman, commercial director, said in the statement.

Distribution deals for mobile content have been signed with 3 and Vodafone. The site itself will be ad-supported.

Meanwhile the Daily Mail is planning to make its content available on the US version of Amazon’s Kindle e-reader, according to a report from NMA – part of a push to capitalise on the Mail’s growing US audience. The site previously told Journalism.co.uk that its commercial focus remains on the UK, but perhaps this marks the beginnings of an overseas push.

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BBC could share more technology with S4C/Trinity Mirror in Wales, says Trust chairman

In a speech given to Cardiff’s Business Club last night, BBC Trust chairman Sir Michael Lyons added more weight to suggest more regional news partnerships between the BBC and competitors are in the pipeline:

• More on partnerships: work is ongoing on partnerships in regional media with ITV; and between Channel 4 and BBC Worldwide.
• Could BBC enter into an IT-sharing agreement with S4C and ITV in Wales to reduce operational costs?
• Revamp of Broadcasting House in Wales could benefit local media with technology sharing arrangements.
• “Perhaps even Trinty Mirror could have a role to play too [in partnering the BBC for regional news provision], given their journalistic presence in Wales and their significant online operation.”
• And, just in case you doubted it: “The BBC local video project is dead. We have told BBC news that it must come up with a different solution.”

Here’s his comments as a Wordle:

But, a note of caution from Lyons on partnerships:

“What we’re not interested in are proposals that simply transfer value from the BBC to other players in the market (…) Let’s make sure that we don’t inadvertently turn the BBC into the Lloyds Bank of the media world.”

Yesterday the Beeb’s Executive announced plans to link out to external news providers from its network of BBC Local sites.

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Justin Williams: The UK’s independent local news sites mapped

Courtesy of Justin Williams, assistant editor at the Daily Telegraph, comes this map of independent news websites in the UK:

The featured sites present a snapshot of how the definition of local news and news providers is changing with dedicated ‘news’ sites mapped alongside village information websites and campaign groups.

Justin is still looking for more examples – if you’ve got one/run one, contact him via his blog or on Twitter

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Comment: Treasury committee shoots the media messenger over UK banking crisis

Yesterday saw representatives from the UK’s financial journalism industry give evidence to a House of Commons Treasury Committee inquiry into the banking crisis.

So what conclusions were drawn about the media’s ‘role’ in the crisis?

A fairly resounding ‘it wasn’t our fault’ from the journalists gathered (Financial Times editor Lionel Barber, BBC business editor Robert Peston, Daily Mail city editor Alex Brummer, Sky News’ Jeff Randall and the Guardian’s Simon Jenkins):

• The UK’s banks and economy, in particular Northern Rock, were headed for a crash anyhow and no amount of warning/doomsaying from the media would have changed this. No one – neither the media nor those in charge of the financial institutions were expecting the force of what was going to happen to the economy

• Shouldn’t introduce regulation of press in financial reporting, especially as the members of the press gathered said they already exert self-censorship on some sensitive financial stories. There’s no need to introduces notices, similar to those issued for stories relating to national security – “Regulating press will not solve the problem. This was a catastrophic failure of management of risk,” added Barber.

While Simon Jenkins said in retrospect he ‘wouldn’t have done it or had it done differently’, some of yesterday’s session echoed Robert Peston’s comments to UCLAN’s Journalism Leaders Forum, when the BBC journalist said there were some lessons to learn from the media’s handling of the situation:

• Alex Brummer said a lot of the reporting of the financial breakdown was handled by young, inexperienced journalists staffing finance desks, most of whom weren’t around in the last crisis. If you’ve only seen boom times it was even easier to take the press releases/briefings from businesses and financial orgs at face value and not question them, he said.
• Business journalists are in competition with the richest organisations in the world, added Brummer, and city editors did not push hard enough to get negative stories about the economy higher up the news agenda during the boom period.
• Jeff Randall agreed with Peston’s UCLAN comments, saying that it could be argued the public had been allowed to live in economic optimism for too long, fuelled by the media.
• According to Lionel Barber, there’s no point hiding stories of the recession behind ‘happy talk’.
• On the BBC’s coverage, Robert Peston said each of the stories about the banking crisis were published in the public interest; though Brummer said the public had been very ill-served by the media’s coverage of the economy and more must be done to deepen economic understanding.

An informative discussion with some of the leading journalists in the UK field, yet why had they been summoned in the first place?

Prompted via a Twitter chat with NYU professor Jay Rosen, shouldn’t we be asking who is saying the media is to blame for the banking crisis in the first place?

One question from the committee to Peston struck me as particularly misplaced in this respect, as he was asked what he thought about being a market force in his own right. In his own words, Peston is just a journalist reporting on the facts and information he receives.

Yes – there are lessons to be learned from looking at whether media coverage of the banking crisis indirectly added to public anxiety about the situation or contributed indirectly to already falling share prices.

But as Lionel Barber pointed out yesterday, it was never the media’s intention to break the banks, but simply to report on the situation. Peston’s stories, the man himself said, were verified reports from close contacts and sources and built on as much information as he could gather.

At the UCLAN event, Peston said the ‘primary responsibility for the global economic and banking crisis does not lie with the media’ – but why is the media having to defend itself. In a feisty exchange, Barber posed a similar question to the committee: why didn’t the government bail out Lehman Bros – this failure could be seen as escalating the crisis just as much as any media role.

It was joked that the only five journalists to have spotted the crisis ahead of time were sitting in the committee room – evidence that there were dissenting voices in a sea of stories about never-ending house price rises.

Evidence that this was an exercise in shooting the messenger

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Sun editor Rebekah Wade’s Hugh Cudlipp lecture: Wordle

All you really need to know about UK tabloid The Sun’s editor Rebekah Wade’s Hugh Cudlipp lecture, courtesy of Wordle (hat tip to Jason Cobb). Or read the speech in full here.

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Channel 4 (part 1): Station plans to focus more on regional content

Following up on yesterday’s Ofcom round-up, here are further reports from the House of Lords, where Channel 4 chief executive, Andy Duncan spoke at a Communications Committee hearing.

• Channel 4 is unlikely to move away from London in a bid to save money, although it is keen to expand its influence around the UK. London was the centre of the UK media industry, Andy Duncan explained to the committee. Savings made from any move were likely to be ‘negligible’ at best.

• Although Channel 4 is already active in places such as Glasgow, Duncan admitted the station had relatively little presence in Scotland and other parts of the UK, outside England.

• The station’s CEO said that they were adept at creating good quality ‘one-off’ shows. The challenge was to create more opportunities for ‘returning’ series based in the region.

• Certain Channel 4 IP, such as ‘Dispatches’ and ‘Cutting Edge’ already allow for the allocation of programming and resources focused in and around the country.

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