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Posts by Rick Edmonds

About Rick Edmonds

Rick Edmonds is Poynter's media business analyst, co-author of 10 State of the News Media reports, former Tampa Bay Times and Philadelphia Inquirer reporter.
NEWS

Inside McClatchy's plan to reinvent its newsrooms

If you are a reporter at one of McClatchy's 31 papers, you will have this meeting sometime in the next year, or you may have already: You will be asked to join one of your editors and a member of corporate's roving "reinvention team." There will be talk of digital best practices, but the heart of the exercise is a … Read More
NEWS

Lenfest Institute will offer $1 million this year to fund entrepreneurial projects that sustain journalism

The well-heeled Lenfest Institute for Journalism in Philadelphia plans to distribute $1 million over the rest of this year to support local news innovation projects and individual "entrepreneurs-in-residence." The money will be distributed through an open application process that begins today. Executive Director Jim Friedlich said that two "buckets" with three distinct programs are planned: Experimental grants of up … Read More
NEWS

Pew report shows dismal 2016 for newspapers and boom times for cable news networks

The Pew Research Center today offered new and telling data points on the continuing financial decline of the newspaper business and a banner year in 2016 for their cable competitors. A fact sheet documents concurrent declines last year in newspaper organizations' paid circulation, advertising (down 10 percent compared to 2015) and news staffing. The outlets are making progress on … Read More
NEWS

After Google and Facebook scarf down most of the local ad pie, there's still $12 billion left

It is old news by now that Google and Facebook hog most of local digital ad spending. And Facebook, especially, has kept growing its share 50 percent year-over-year at the expense of newspapers and other local media. But analyst Gordon Borrell in his latest benchmark report on local digital revenues suggests an alternate view: Even after the digital giants … Read More
NEWS

NPR, the AP and local newspapers are beginning to experiment with Amazon Echo

When I visited a dozen news organizations on our Innovation Tour last November, there was a surprising consensus among the biggest players on the next big thing they had in focus: Voice-activated news for devices like Amazon Echo and Google Home. As was true for Virtual Reality/360-degree video a year … Read More
NEWS

Google and Facebook take center stage at summit for newspaper leaders

When newspaper industry executives gather in New Orleans this evening for their annual three-day MediaXchange convention, the crowd will be thinner than at last year's edition in Washington, D.C. "(That) just reflects industry conditions coming off a difficult end to 2016," said David Chavern, CEO and president of the News Media Alliance, which organizes the convention. For those who do … Read More
NEWS

Gannett earnings forecast a bleak 2017 for newspaper companies

Warnings were that the first quarter of 2017 would be about as bad financially as the final two of 2016 for newspaper organizations. That proved to be the case today as Gannett kicked off the reporting season for publicly traded companies. Acquisitions led to some revenue growth. But comparing same properties: Print advertising revenues were down 17.7 percent compared … Read More
NEWS

Politico is trying to turn the business model for magazines on its head

I've read a hundred stories and written a few myself on the halting efforts of legacy magazines over the last decade to develop a complementary digital presence. That makes Politico Magazine a novelty. While many publications struggle to convert their ink and paper to pixels, the four-year-old glossy bimonthly is reversing direction with a foray from digital into … Read More
NEWS

'Important political news' is a casualty of the Trump-media feud, new Pew Research survey finds

Americans are highly aware that President Trump and the media have locked swords, and nearly three-quarters think those tensions are suppressing their access to important political news. Those are the findings of a new two-question survey the Pew Research Center released today. Hardly surprising, Pew researchers found that 83 percent of a survey panel of more than 4,000 believe Trump's … Read More
NEWS

How are your stories performing on distributed media? Facebook and Chartbeat are teaming up to solve the mystery

Chartbeat and CrowdTangle today announced a major expansion of a tool for measuring how stories are performing on social platforms. The two companies began a beta version of the Offsite Social service in September 2016. Two months later Facebook acquired CrowdTangle. The announcement says that Facebook is now making a "robust" (but unspecified) additional investment in expanding what's measured … Read More
NEWS

Joanne Lipman becomes editor in chief of USA Today

Joanne Lipman, who joined Gannett 15 months ago to create an investigative network of the company's 109 community papers, today was named editor-in-chief of USA Today. Lipman said in a phone interview that she is "pleased at how the USA Today Network has come together.... I'm awed by the increased quality and ambition in the work." But rather than … Read More
NEWS

Are daily opinion pages headed to the morgue?

At the end of February, the Milwaukee Journal Sentinel eliminated weekday print editorial pages except on Wednesdays. An economizing move, of course, but to me also a marker of a tipping point where opinion has started to join other traditional newspaper staples as digital-first. Put another way, it might be that the daily print editorial page is on its … Read More
NEWS

Cost cuts loom large for newspaper companies in 2017

"You can't cut your way to prosperity," holds a favorite truism about the news business. But when Tronc inc. recently reported improved financial results for the fourth quarter of 2016, cost controls were the big driver. The company went from operating at break-even in the fourth quarter of 2015 to posting a $19.4 million profit in the last … Read More
NEWS

Gannett and McClatchy made digital gains at the end of 2016

Though steep print ad revenue losses persisted in the fourth quarter of 2016, Gannett and McClatchy both reported today slightly improved financial performance heading into the new year. Gannett's USA Today Network posted a revenue gain compared to the same period in 2015, even though print ads declined at about the same rate as in the third quarter — … Read More
NEWS

Where did that story come from? Pew finds new evidence that many readers don't know.

It's old news by now that way more than half of digital traffic comes through the side doors of social media and search rather than a reader selecting from a home page menu. That's OK, the theory goes, because at least readers are exposed to the content and will take note of the source. But that brand-building effect may … Read More
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