Tag Archives: The Times

Beehive City: Alan Rusbridger on the Times, paywalls and industry in-fighting

Alan Rusbridger, editor of the Guardian, adds some “industry context” to other paper’s reports of the Guardian and its business, in particular the departure of Carolyn McCall, CEO of Guardian Media Group (GMG), last week.

In a memo to staff reproduced by Beehive City, Rusbridger takes on the Times:

The Times’ print circulation is falling at exactly the same rate as the Guardian’s – but the Times’ web traffic is down seven per cent year on year while the Guardian’s rose by 22 per cent.

The Independent:

Having vociferously argued (in 2006) that newspapers were dangerously under-priced and that the future was about boosting cover price rather than hoping for increased advertising revenues, it is now talking about going free.

Paywalls:

What’s right for Murdoch (with Sky as a digital subscription model in the background and infinitely deep corporate cross-subsidies) may well not work for us at GNM, and vice versa. There may be different models within one newspaper. We’ll all make some mistakes along the way. We can all learn from each other.

And why the Guardian and GMG will stick to its plans and be swayed by “the pecking and sniping of outsiders”.

Of all media companies I truly believe we are better placed than the great majority to make the transformative change that will be demanded of us. The editorial future has the potential to be richer than anything any previous generation of journalists could have imagined. We can imagine it – and we are well on the way to achieving it.

Full memo at this link…

Questions for Times editor James Harding on paywalling content

The Times hosted a live Q&A this afternoon with editor James Harding about its new plans for paid content, details of which were announced today. While there were a few interesting comments in there (he’ll “hide under the desk” if it all goes wrong, he says) it felt like a lot of questions went unanswered and unpublished. For example, as Adam Tinworth pointed out on Twitter, no questions about linking were addressed.

I’ll do as @times_live recommends and email them in, but in the meantime, here are a few of my own, and some from our Twitter followers too.

Mine:

I once heard that pre-moderation of comments posted on Times Online costs a six figure sum (I wasn’t able to clarify over what time period). With a paywalled site, do you hope to reduce this cost? How will the staffing of your website change with the paywall?

What kind of market research did you do to establish the price point? What different kinds of models did you consider?

How different will the new sites be? Do you think people would have paid for the existing content on Times Online?

Can you share any details of the additional digital applications that will be included in the package?

Then because none of my questions were getting answered, I threw this in:

How much involvement did NI CEO Rupert Murdoch have with paywall plans? Last week his biographer Michael Wolff suggested that up until last year he hadn’t been on the internet ‘unaccompanied’; do you think execs are best placed to judge the willingness of people to pay?

And here are a few I thought of afterwards:

You joked that you’ll hide under the desk if it all goes wrong, but what’s the real risk? If you reverted to a free model later, do you think it would be easy to regain all the lost unique users? Or will they be lost forever?

Journalists are often recognised and given opportunities and leads because of their Google ranking. How have your journalists reacted? Are they worried about their professional profile lowering, with restricted access to their content? Will you stop journalists posting their own articles on their own blogs?

And from Twitter:

@substuff asks: “I wanted to ask what The Times would do to attract promiscuous browsers such as me – as I’d probably only subscribe to one site.”

@neilblake73 asks: “Why would anyone pay for news when you can get it 24hrs via the BBC, CNN, Sky, radio and online etc? What on earth would be so good we’d pay?

“Also, with Evening Standard, and Metro free (& possibly the Indy in future?), why are roles reversing, ie. free papers / paid for web?”

@HooklineBooks asks: “What if they [the Times] charge and no-one visits? Is there a plan B?”

@gregorhunter: “What’s stopping the rest of the blogosphere from mirroring TimesOnline’s articles and continuing as usual?”

@gpcrc: “Will this change how journalists interact with PRs (if all consumers will be building relationships with online journalists)?”

@sarah_booker: “Will the Times link through social bookmarks and RSS functions outside the paywall?

“Will Times journalists be able to tweet?”

@JunkkMale: “If paywall is to ‘preserve quality reporting’, may we be assured that future coverage will be factually accurate, indeed more so than now?”

If you’ve got others, please tweet them in, or leave in the comments below. I’ll email James Harding the link to this post now.

Also, for background, here’s the News International press release in full:

News International today announces that The Times and The Sunday Times will start charging for access to their digital journalism in June using a pricing model that is simple and affordable.

Both titles will launch new websites in early May, separating their digital presence for the first time and replacing the existing, combined site, Times Online. The two new sites will be available for a free trial period to registered customers.

From June, the new sites, www.thetimes.co.uk and www.thesundaytimes.co.uk, will be available for a charge of £1 for a day’s access or £2 for a week’s subscription. Payment will give customers access to both sites. The weekly subscription will also give access to the e- paper and certain new applications.

Access to the digital services will be included in the seven-day subscriptions of print customers to The Times and The Sunday Times.

Rebekah Brooks, chief executive, News International, said: “These new sites, and the apps that will enhance the experience, reflect the identity of our titles and deliver a terrific experience for readers. We expect to attract a growing base of loyal customers that are committed and engaged with our titles.

We are building on the excellence of our newspapers and offering digital access to our journalism at a price that everyone can afford.

“At a defining moment for journalism, this is a crucial step towards making the business of news an economically exciting proposition. We are proud of our journalism and unashamed to say that we believe it has value.

“This is just the start. The Times and The Sunday Times are the first of our four titles in the UK to move to this new approach. We will continue to develop our digital products and to invest and innovate for our customers.”

John Witherow, editor of The Sunday Times, said: “The launch of a dedicated Sunday Times website is a hugely significant moment for the paper.

It will enable us to showcase our strengths in areas such as news, sport, business, style, travel and culture and display the breadth of Britain’s biggest-selling quality newspaper.

“For the first time, readers will have access to all their favourite sections and writers. We will be introducing new digital features to enhance our coverage and encourage interactivity. Every day, readers will be able to talk to our writers and experts and view stunning photographs and graphics. Subscribers will be able to get this brand new site, plus the enhanced Times site, seven days of the week, all for the price of a cup of coffee.”

James Harding, editor of The Times, said: “The Times was founded to take advantage of new technology. Now, we are leading the way again. Our new website – with a strong, clean design – will have all the values of the printed paper and all the versatility of digital media. We want people to do more than just read it – to be part of it.

“We continue to invest in frontline journalism. We have more foreign correspondents than our rivals and continue to put reporters on new beats – last year we added an Ocean Correspondent and we just became the only British paper to have a Pentagon Correspondent. And we want to match that with investment in innovation.

“TheTimes.co.uk will make the most of moving images, dynamic infographics, interactive comment and personalised news feeds. The coming editions of The Times on phones, e- readers, tablets and mobile devices will tell the most important and interesting stories in the newest ways. Our aim is to keep delivering The Times, but better.”

Despite group redundancies and pay freeze, Johnston Press CEO’s pay package nears £1m

Redundancies across the group and a pay freeze for all staff haven’t stopped the Johnston Press bosses taking home rather juicy bonuses for 2009.  As reported by the Times earlier this month, Johnston Press closed five papers last year, and 768 staff left the group in 2009. Pre-tax profits for 2009 were £43 million, a drop of 56 per cent.

But as reported by Johnston Press’ own paper, the Scotsman, John Fry, the group’s chief executive, took home £959,000 in pay, benefits and bonuses in 2009.

The package, reported in the group’s annual report this week, included: £210,000 cash bonus; a £210,000 performance-related bonus paid in shares (deferred for three years); and a basic salary of £525,000.

The Scotsman reports that his predecessor, Tim Bowdler, who retired in early 2009, was awarded £573,000 in basic pay in 2008. “All executive directors waived their right to a performance-related bonus that year,” it says.

Basic salary for the group’s two other executive directors, chief financial officer Stuart Paterson and chief operating officer Danny Cammiade, did not increase but they took home total packages of £655,000 and £590,000 respectively. In 2008 they took home £363,000 and £342,000 in total, respectively.

Here’s the comparison visualised in a chart. This shows the % change in £ from 2008 figures to 2009 figures (we’ve compared Fry’s pay package with Bowdler’s). The middle column at 0 represents the basic salary pay freeze across the group.

Blue: JP CEO pay package / Red: JP chief financial officer pay package / Yellow: chief operating officer pay package / Green: basic pay rise across group / Grey: total group revenue / Dark blue: advertising revenue / Magenta: JP pre-tax profit

Full Scotsman report at this link…

TimesOnline: CMS select committee report to call for ‘radical shake-up’ of PCC

The Times has an early preview of the Culture Media and Sport select committe report, due for release next Wednesday morning. According to the Times:

Tougher powers for the Press Complaints Commission and an end to the right of companies to sue for libel will be proposed (…) But the much criticised press watchdog will escape calls for its abolition or for any form of state regulation of the press.

Full story at this link…

Newser.com: Michael Wolff on why the internet could kill Murdoch

Rupert Murdoch biographer Michael Wolff draws some damning conclusions from recent reports of “turmoil” at News Corporation-owned social networking site MySpace:

I tried once to make him [Murdoch] feel better about MySpace. It was a hapless effort: Every traditional media company that’s bought a significant internet company has failed, I said, brightly. I received a memorable scowl.

He may still retreat and practice his old black magic of making his errors disappear. But something’s got him. Something about this bloody internet has really gotten under his skin.

More and more, it feels like a death match.

Full post at this link…

Former media editor for the Times, Dan Sabbagh, disagrees with Wolff’s conclusion, but has some interesting figures on the Times’ finances that are worth a look…

Times Online: Reporter ejected from BNP meeting

The Times reports in its leader how one of its reporters, Dominic Kennedy, was expelled from a BNP meeting yesterday. The newspaper also claims that the reporter was assaulted.

Mr  Kennedy was not attending the meeting covertly. He had expressly been invited to report on it by Simon Darby, the party’s national press officer. On pointing this out, Mr Kennedy was physically ejected.

Full story at this link…

Kennedy’s account at this link…

Also see: BBC News video.

How much is an article worth? ‘Dead tree’ thinking could hinder digital content economy

Could you spare 10p for a news report? Maybe 5p for the sports results? Many in the news industry would like us to pay to see news articles that we’ve previously enjoyed for free, whether it’s via websites or hand-held devices.

But one of the problems of this brave, new paid-content world is that the news publishing industry has yet to move on from long-held assumptions about the value of content, inspired by centuries of physical, print distribution.

For example, just look at the sheer size of national newspapers: they are huge products, especially on weekends. Big is better, goes the saying – and mass reach gives you more circulation and advertising revenue.

But in the global, decentralised, just-Google-it content economy, it doesn’t work like that: the publishers that will win through will have the most relevant, findable, highest quality content – not just lots of it.

To illustrate the mismatch between offline and online economics, I’ve gone through Wednesday’s edition of the Times to find out just how much is in it…

  • News: there are 42 separate substantial news items in today’s Times, not including some of the smaller NIBs, and at least seven separate analysis pieces;
  • Comment: including the three leaders, 13 comment pieces make their way into the main book;
  • Sport: 21 news stories and two features;
  • Then there’s the diary section: five lengthy and well-written obituaries, crosswords, weather, travel and the Register pages of interesting factoids;
  • The Times2 centre pullout has 10 features, some short, some long, as well as four reviews.

So our grand total for today’s Times is more than 100 articles. The quality of writing, pictures and editing is, as you would expect, consistently high.

But if these articles were available via a pay-per-view offer, how much would you pay? If they were priced 10p each, that means to buy everything in today’s paper, you would have to pay £10; at 5p per article, that’s £5 per issue. But my copy of the paper only cost £1.

News International boss Rupert Murdoch will more likely opt for a subscription model for the Times and Sunday Times websites – just as he’s succeeded in selling long-term pay TV packages around the the world.

But to reach a competitive pricepoint, he and other publishers will have to massively realign the value of each piece of news and comment from its current-day, paper value of one or two pence to fractions of pence.

In reality, the real market value of news is what people will pay and the danger is that for an entire generation of readers weaned on the free-to-air internet, that price is nothing at all

[See also: What’s the average cost of a news article?]

Patrick Smith is a freelance journalist and event organiser, and formerly a correspondent for paidContent:UK and Press Gazette. He blogs at psmithjournalist.com and is @psmith on twitter.

Sunday Times: BBC considering sale of magazine division

While rumours circulate about the future of the Sunday Times, the newspaper reports on another potential sale – the magazine division of the BBC:

Radio Times and Gardeners’ World magazine could soon have new owners. The BBC is considering the sale of its magazine division, which produces 50 titles, after being ordered to curb its money-making activities.

In response, the BBC said that “no decisions have been taken about any of our businesses”.

Full story at this link…

Barack Obama on Twitter and Chinese internet censorship

Barack Obama answered questions on internet censorship and Twitter in his (live-streamed) talk to Chinese students yesterday:

ReadWriteWeb was shocked to learn that Obama has ‘never used Twitter.’ It turns out that someone else in his office is responsible for the 2.6 million followers… “But I’m an advocate of technology and not restricting internet access,” Obama said.

Meanwhile, the UK nationals have picked up his comments on internet censorship. The Times, for example:

Mr Obama was asked whether he knew of the ‘Great Firewall’ – the popular term for the blocks that China’s Government imposes on the internet to keep out content its censors deem inappropriate for its citizens. Mr Obama said: “I have always been a strong supporter of open internet use. I am a big supporter of non-censorship. I recognise that different countries have different traditions.”

It was the answer in which he came the closest to subtle criticism of his hosts, saying he believed the freedom to reprove a country’s leaders helped to strengthen democracy. “I should be honest, there are times when I wish information didn’t flow so freely, then I wouldn’t have to listen to people criticise me all the time. People naturally when in positions of power think ‘How could that person say that of me? That’s irresponsible’.”


Times and Sun journalists to move offices

MediaGuardian reports that the Times and the Sun are to move into new offices next year – the other side of the car park from the News International Wapping Complex. The Sunday Times and News of the World will move into the Times’ old office building, once it has been refurbished.

Full story at this link…