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Newspaper
Magazine |
Origin in 1605: Weekly bulletin
Las third of 17th century |
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Definition Newspaper
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Newspapers are periodical publications, which serve as continuous up-to-date means of communications. They usually include issues of politics, economics, current events, culture, entertainment as well as sports, and appear at least twice a week.
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Periodical publications, up-to-date, many topics, at least twice a week
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Market
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Actuality = timelessness
Publicity = accessibility Universality = open to all areas of life Frequency = regular appearance |
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Types of Newspapers
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Dailies
Weeklies |
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By selling
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Newsstand or popular newspaper
Subscriber newspaper |
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By content and range
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Local (high level reader-paper-bonding)
Regional Nationwide (direct competition) |
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By frequency
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Daily
Sunday Weekly |
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By price
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Free offers (advertising, free papers)
Chargeable offers |
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Some Facts
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-Declining market, 8% a year.
-Circulation: Most circualtion in Norway and Japan (612), followed by Germany (289). -Germany 20% less circulation sold, but some national newspaper ok |
-Circulation
-Declining worldwide -Germany |
Definition Magazine
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Magazines are periodical print publications, which appear continuously, without a time limit, at least four times a year.
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Types of magazines
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Public/Popular magazines:
-Wide range topics -Frequent Professional/Speacialist journals: -Tematic focused, professional -Released in unlimited period |
Public/popular
Professional/Specialist |
News publisher categorization (map)
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Value of chain
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Costs and revenue structure
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Market Entry Barriers
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Economies of scale
Advertising-circulation-spiral Sunk costs Economies of scope |
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Advertising circulation spiral
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Types of concentration
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Economic: Determined by the publisher's share of circulation. Suppliers that have subsantial part of the market.
Journalistic: Measured by the the number of independent editorial offices in a specific area |
Economic and journalistic concentration
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Theoretical explanations for newspapers failures
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1. Cannibalization
2. Satisficer: happy with 2nd best choice 3. Generation z: digital natives not print 4. Disruptive technology: print "boring" 5. Solution: No magic bullet solution 6. Adv.circulation spiral: less readers, -adv |
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BUT
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New media do no replace old ones, proceeds cumulative, not substitution. They remain side by side, Wolfgan Riepl.
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What to do?
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1. Multiple platforms
2. Change format and content in print 3. Journalism 2.0 4. Engage and comm. With readers 5. Cross-media advertising concepts 6. Open newsroom and reorganize 7. Engage young readers 8. Improve product and serv. Quality 9. Explore multiple business model 10. Branding and raise reader aff. |