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Ged Carroll of Ruder Finn blogs on online curios, direct-to-audience comms and technology for PR Week

The monkey on the media's back   

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I came across some interesting statistics on where cash operating costs go at a newspaper via the Reuters MediaFile blog as to why the news media in particular has been struggling to profitably adapt to the digital age:

     

  • 14% are devoted to content creation — the primary value creation activity
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  • 16% relate to advertising sales 
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  • 70% support the print distribution model and corporate functions
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That's a hell of a monkey on their back. The cuts and the radical reinvention need to happen in distribution and corporate functions to make any meaningful difference.

Published Jun 05 2009, 12:44 PM by Ged Carroll

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