6:15 a.m.-6:45 a.m.
Registration and Welcome Coffee
Lotte New York Palace Hotel, 455 Madison Avenue
Pick up your badge and study tour schedule, meet with INMA study tour organisers, and grab a coffee before boarding the bus to Newsday.
Departure Point:
Lotte New York Palace
455 Madison Avenue
Pick up your badge and study tour schedule, meet with INMA study tour organisers, and grab a coffee before boarding the bus to Newsday.
An early morning bus from Manhattan to Long Island will include a brief overview of the study tour punctuated by breakfast snacks. The bus will board at 6:45 a.m. for a prompt 7:00 a.m. departure.
Newsday, an independent privately-owned local media company covering Long Island, ranks as the largest U.S. suburban newspaper and has among the highest in market readership penetration, print subscriber penetration, and total paid digital audience percentage of any U.S. newspaper. Go inside the consumer data management innovations that have fueled a decade of subscription revenue growth and dive into the vision that’s building upon this success to deliver long-term prosperity for the next decade and beyond. Strategic evolutions in branding, engagement building, experiences, and a data informed newsroom go to extremes in Newsday’s mission to make Long Island a better place to live. These evolutions and insights will be shared to help shape the playbook for what’s next in local media subscriptions growth.
Condé Nast leads the magazine world in digital subscriptions, while sister company Advance Local is ramping up digital subscription efforts at its regional newspaper titles throughout the United States. In this study tour stop, learn more about the evolution of content economics for The New Yorker, Architectural Digest, Wired, and other Condé Nast titles. Learn more how Advance Local is using two test markets to try different subscription models to reach new audiences and grow the digital subscription business. Take a deeper dive into a Sports Insider product that provides exclusive content to increase volume, engagement and retention to increase consumer revenue.
At 2.6 million paid members, the Wall Street Journal created the media industry’s first-ever dynamic paywall – and now is focusing its efforts on churn reduction. In this study tour, dive deep into a habit project created by the Journal’s data science team that focuses intently on the subscriber’s first 100 days from purchase. Learn what engages readers most in the onboarding experience and what next-phase personalisation can potentially do with retention.
Unwind with cocktails at The Capital Grille - Rockefeller Center. From there, enjoy New York for the evening – including an eight-minute walk to the Media Subscriptions Week hotel, Lotte New York Palace Hotel.
Wake up with INMA over a continental breakfast and a de-briefing from Day 1. What did we learn? What were the trends? What do we expect to learn today?
Approaching 4 million digital subscribers worldwide, The New York Times continues to see double-digital growth in news product subscriptions even if non-news digital subscription products (cooking and crosswords) grow even more rapidly. In this briefing, learn how the Times is cashing in on promotional investments, adjusting how many articles can be read anonymously, and convert discounted subscribers to full-price subscribers. At the same time, the Times is introducing new content offerings like podcasts, radio shows, and TV. This briefing will be held at the Media Subscriptions Week hotel as all Times space is being used with a citywide toy show.
Axel Springer’s eMarketer and Business Insider are digital innovators, yet each has found different ways to monetise their content differently. In this study tour stop at eMarketer headquarters, learn more about eMarketer’s B2B business model for monetising content and look into Business Insider’s consumer business and how they approach media from a business perspective. Following the briefing, tour participants will do a quick tour of eMarketer offices.
Developing sustainable and innovative news businesses to build a healthy future for news is at the core of the mission at the Newmark Journalism School at CUNY. They train students entering the field, professional journalists, and experienced media executives to drive innovation and transformation in the industry. Some current focus areas include the importance of product thinking for news businesses and the shift to subscriptions and the diversification of revenue models.
In an outside-the-box study tour stop, learn the Metropolitan Opera’s “turnaround case study” as they have battled back from attendance declines, purchasing changes from full-year to single tickets, and an evolution of demographics. How did they do it? Through intense new marketing and the introduction of high-definition live telecasts which have led, in turn, to in-person sellouts and the return of full-season subscription growth. In addition to a briefing on this case study by the opera’s general manager (former CEO of Sony Classical), the stop will be capped by a quick tour of the Metropolitan Opera itself.
For those disinclined to leave the study tour at Lincoln Center, join the final bus ride of the study tour back to the Lotte New York Palace Hotel.