Reports

News Media Outlook 2015: Re-Imagining the Transformation

22 January 2015

Free for Members

US$695 Value

Summary:

Pinpointing the trajectory of news media companies moving faster in the digital ecosystem is the focus of “News Media Outlook 2015: Re-Imagining the Transformation.”

Report highlights:

  • How legacy and new digital media companies are growing closer in how they approach journalism, audience development, and advertising.

  • What the reinvented news media company is beginning to look like.

  • The transformation road map and the hurdles to executing that road map.

  • What the new foundation for the re-imagined media company is made up of: innovation, change management, and the workplace.

  • The pivot point of technology and mobility and the implications for Big Data, programmatic, and mobile.

Who should read the report:

Media company executives charged with leading, strategizing, innovating, transforming, and seeking new revenue streams and new audiences.

What you get with this report

Included with your report: Price
Complete report, PDF US$695
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Free for INMA members*
Executive summary and table of contents, PDF Free
Invitation to live Webinar for report Included with report
PowerPoint presentation of report Included with Webinar

* Free to INMA members whose memberships were active on January 29, 2015

Author:

Earl J. Wilkinson, executive director and CEO, International News Media Association (INMA)

Detailed overview:

Nearly a decade into the accelerated reinvention of legacy newspapers and magazines, new digital media companies have become the new benchmarks for audience engagement and monetisation. At the same time, those digital media companies are beginning to re-think their value propositions more in line with legacy publishers. In a way, it's like two flames at two ends of a rope burning toward each other.

“News Media Outlook 2015: Re-Imagining the Transformation” uses the “burning rope” metaphor to show how news publishers are evolving.

Key themes in the report include:

  1. Legacy vs. new digital media companies: Legacy media companies and new digital media companies are growing closer together in how they approach audiences and advertisers. Yet there remain key differences, hinging on definitions of quality.

  2. Value pillars: For news publishers to succeed in an exponentially changing technology environment that disrupts consumption, new value pillars are emerging such as innovation, a metrics culture, attracting Digital Natives as employees, and adopting storylines of transformation.

  3. Excellence of execution: Most media companies have a clear road map for where they want to be by 2020, but not every company is clearly implementing the foundations necessary to succeed in the new digital ecosystem.

  4. Foundations for future growth: Among the crucial foundations for future growth are adopting innovation cultures, being clear about change management, and creating a workplace that is attractive to a new genre of employee that has new expectations from employers in the media space.

  5. Technology and mobility: As technology continues to unhinge people from routines and make mobility a rising theme, publishers are embracing Big Data and programmatic buying to better understand and monetise audiences.

The 14th annual INMA Outlook report is a snapshot of what news media companies are doing in 2015 to transform themselves from print-based to multi-media organisations.

The 2015 Outlook report is based on Earl Wilkinson's personal visits, interviews, and interactions with hundreds of media executives worldwide from the past year.