McClatchy

PrototypesPoynter-250

Gyllenhaal: McClatchy reimagines its publishing process

For the past six months, staffers across The McClatchy Company have spent hundreds of hours talking with readers in ways we’ve never done before.

Robin Johnston, design director with the McClatchy Publishing Center, interviews reader Nathaniel Sanders in Raleigh last November. (Photo courtesy of McClatchy Publishing)

Robin Johnston, design director with the McClatchy Publishing Center, interviews reader Nathaniel Sanders in Raleigh last November. (Photo by Joan Barnett Lee/McClatchy)


We’ve asked them to dissect their news habits for us, watched how they viewed videos, probed why they quit a story, read to the end or shared it with others.

In more than a century and a half of publishing, McClatchy, like our peers, has devoted millions of dollars to understanding our print and digital audiences with such standard tools as annual readership surveys and tracking metrics.

And yet, when the company last year began a fresh look at where we’re headed, we concluded that too many of our presumptions were outstripped by the dramatic media shifts of the past few years. Read more

Tools:
1 Comment
McClatchy_logo

5 Ways McClatchy is a model for a new breed of stand-alone newspaper companies

McClatchy has been a steady presence in the 15 years I’ve been writing about media business with a commitment to serious journalism even while shrinking newsrooms, aggressive digital expansion and continuity of leadership.

Looking at the company’s fourth quarter results Wednesday and listening to CEO Pat Talamantes describe 2015 plans, it occurred to me that McClatchy could now also be a bell-cow for the new generation of spun-off, newspaper only companies.  That group includes Tribune Publishing, early into life on its own after a split from parent Tribune late last year. Later in 2015 Gannett’s publishing division and the merged publishing operations of Journal Communications and Scripps will go that route too.

Here are five ways, McClatchy may be providing a preview:

  1. Revenue replacement race: Like other companies reporting in recent weeks, McClatchy had even worse print advertising results than expected, could not make them up with other mostly digital ventures and thus continues to shrink. 
Read more
Tools:
3 Comments
Foley

Major news organizations to reveal new freelancer safety guidelines

Freelance journalist James Foley in 2011.  Photograph by Jonathan Pedneault

Freelance journalist James Foley in 2011. Photograph by Jonathan Pedneault

A coalition of prominent news outlets and journalism advocacy groups Thursday will release a set of guidelines at Columbia Journalism School for the protection of freelancers.

The recommendations, which will have the support of several prominent wire service organizations including The Associated Press and the Agence France-Presse, set forth best practices for both freelancers and the news organizations that employ them.

The new directives come amid a perilous time for freelance journalists, said Robert Mahoney, deputy director for the Committee to Protect Journalists. Widespread access to publishing tools has enabled terrorists to spread their messages widely without media organizations, making journalists more valuable to these groups as gruesome spectacles than bearers of witness. And financial setbacks have prompted many news organizations to shutter their foreign bureaus, leaving freelancers to pick up the slack in dangerous regions. Read more

Tools:
3 Comments
buzzfeedbuttons

Capital flows like water to media companies (of a certain kind)

December has started with a bang-up ten days financially for some leading American media companies.

Vox announced it has raised another $46.5 million in a new round of venture capital bringing its total valuation to $385 million. CEO Jim Bankoff, in a internal memo he made public, announced ambitious expansion plans for 2015.

Outbrain, a content recommendation/native advertising company, indicated it is tentatively planing an initial public offering early next year, with a target valuation of $1 billion.  (Outbrain, like its biggest competitor Taboola, is Israeli in origin but has moved headquarters to New York and plans to be listed on NASDAQ).

Meanwhile expanding Buzzfeed’s growth continues and its investor valuation stands at $850 million.  Editor Ben Smith was lecturing in Australia late last week as the site announced it has hired a star from Wired to be its Silicon Valley bureau chief and is forming a health and science desk. Read more

Tools:
0 Comments
partner-content

A look at 5 successful news partnerships

The Pew Research Center is out today with a new report seeking to define what differentiates effective and sustainable news partnerships from the many that launch with a splash and later quietly fizzle.

At Poynter Online, we regularly report on Pew’s prolific series of studies on digital behavior and news industry trends. There is a twist concerning this particular report, however. In collaboration with Pew Research editors, I wrote it.

So this post is mainly to say, if you are intrigued by the topic, take a look.

partner-site-300Our particular focus was to look at five case studies of collaborations that worked and had staying power. Each was, one way or another, many years in the making.

We were searching for business models and an X factor or two that can be of use as experiments in news partnering enjoy a resurgence. Read more

Tools:
0 Comments

N.Y. tabs met in secret lovenest

mediawiremorningGood morning. Here are 10 media stories, then let’s get to the weekend.

  1. A New York Post/New York Daily News collaboration? Joe Pompeo reports the rival papers had unsuccessful discussions about “a number of potential business deals that would have made unlikely bedfellows of enemy combatants.” “Many deal points were on the table,” a source tells him. Another source tells Pompeo talks about a digital-only Daily News are “not about if, they’re about when.” (Capital)
  2. Earnings: Broadcast ad revenues way up, print ad revenues down nearly 8 percent at Meredith. (MediaPost) | McClatchy had “a rocky third quarter,” plus what it called “important events that have sealed our financial flexibility” — some substantial assets sales. “An unfriendly commentator might describe those ‘events’ as a yard sale,” Rick Edmonds writes.
Read more
Tools:
0 Comments
McClatchy_Co._Logo

Tough times at McClatchy — A quarterly loss and four assets sold

McClatchy closed the books today on a rocky third quarter with an earnings report yesterday showing a small loss of $2.6 million (1 percent on revenues of $277.6 million).

But CEO Pat Talimantes instead opened the conference call with analysts offering commentary on a much bigger issue, what he described as “important events that have sealed our financial flexibility.”

An unfriendly commentator might describe those “events” as a yard sale. So far in 2014, McClatchy has sold four separate and substantial assets. The largest of them, in a deal with Gannett closed the first week in October, was a 25.6 percent stake in Classified Ventures’ Cars.com, which will bring in $631.8 million before taxes, $406 million after.

Earlier this year McClatchy sold its stake in Apartments.com (another part of Classified Ventures)  It also sold its half of McClatchy/Tribune Information Services to Tribune and the Alaska Daily News to wealthy investor Alice RogoffRead more

Tools:
2 Comments
Tim Cook; iPhone 6; iPhone 6 Plus

Apple’s iPhone Plus doesn’t spell doom for tablet design

Critics have long groused about the death of the tablet’s use in news design. Jon Lund pronounced tablet magazines “a failure” in a 2013 GigaOM article, declaring that the “app-based tablet approach to magazines leads straight to oblivion.”

When News Corp’s iPad newspaper, The Daily, was discontinued in 2012, Tech Crunch ran an article titled “Why magazine apps suck” that rattled off a list of problems plaguing tablet publications: large file sizes, lack of imagination from developers and a failure to reach the sizable audience of iPad readers.

In recent weeks, rumors of a new iPhone with a larger screen began circulating in advance of today’s Apple event, prompting industry watchers to forecast dark days ahead for the tablet. Marketwatch’s Quentin Fottrell called the new phone “a big risk for Apple,” quoting an analyst who said the larger screen might cannibalize the iPad market. Read more

Tools:
0 Comments

Ad revenue down at McClatchy

The McClatchy Co.

Advertising revenue was down 7 percent in the second quarter of 2014 at the McClatchy Co., which released earnings Thursday. “Audience” revenue, which is what McClatchy now calls circulation revenue, was up about 5 percent. Excluding revenue from McClatchy’s change to fee-for-service circulation delivery contracts at some newspapers, circulation revenue was down about 3 percent.

“Still, we continued to see growth in direct marketing and digital advertising revenues and together these two sources accounted for 43% of our total advertising revenue in the quarter,” McClatchy CEO Pat Talamantes said in a statement.

McClatchy’s results include $146 million it made by selling its share of Apartments.com and, “to a lesser extent,” its share in in McClatchy‑Tribune Information Services. Tribune bought out McClatchy’s share in MCT in May. Read more

Tools:
0 Comments

White House criticizes Washington Post’s use of anonymous sources

In a briefing Monday, White House press secretary Josh Earnest criticized a Washington Post story for relying on anonymous sources. According to a transcript of the briefing, McClatchy reporter Anita Kumar pushed back at Earnest, noting that the Post didn’t have anyone at the briefing to defend the story.

“I noticed that, too,” Earnest said.

Earnest later allowed that there were people on the record in the story, which says White House aides knew a year ago that a crisis was developing on the U.S.-Mexico border, but they instead “focused much of their attention on political battles, such as Obama’s 2012 reelection campaign and the push to win congressional support for a broad immigration overhaul, that would have been made more difficult with the addition of a high-profile border crisis.”

“[Y]ou criticize anonymous sources, but we have anonymous sources from you all every day,” Kumar said. Read more

Tools:
2 Comments

Get the latest media news delivered to your inbox.


Select the newsletter(s) you'd like to receive:
Page 1 of 512345