Blog  Elektroniker

Lift10: Connected People

Lift10_poster_300px

Describing itself as "a series of events built around a community of doers and thinkers who get together in Europe and Asia to explore the social consequences of new technologies," Lift is definitely one of the best conference networks out there. Laurent Haug, Lift founder and curator, is a wonderful host and has managed to maintain a strong sense of community despite continued growth. In addition to numerous satellite events with partners, Lift organizes conferences in France and Korea, as well as the annual Lift conference in Switzerland as its main hub.

Blog  Elektroniker

Apple and Bloomberg: Old Champions in the New Economy

Reading the business section of the New York Times today, you can’t help but notice the juxtaposition of two seemingly different companies, which, at second glance, have more in common that you might think. One is Bloomberg, the financial data juggernaut that has enough cash to aspire to become “the world’s most influential news organization.” The company has placed its bets on the acquisition of the venerable BusinessWeek, trusting that it will broaden its reach into a mainstream business audience. A few pages later, Digital Domain columnist Randall Stross reveals Apple’s pending patent application for a new advertising pop-up technology that forces users of devices and web sites to acknowledge the reception of the commercial message.

Blog  Elektroniker

The Future of News: Hyper-Distribution or Hyper-Branding?

Jeff Jarvis, who’s admirably trying to prevent the news industry from becoming the next music industry, recently wrote an interesting blog post in which he heralded “hyper-distribution” as a valuable new business model for news organizations. Responding to some industry pundits who propose embracing shrinking audiences as an effective means of consolidation and audience loyalty, Jarvis argued:

“Since when did it become OK for media people to shrink their audiences? Since they gave up on the ad model, that’s when. But I am not ready to surrender to the idea that advertising, which has supported mass media since its creation, is over. Yes, ad rates are lower; welcome to competition. That’s all the more reason why publishers must attract larger audiences publics – make it up on volume – as well as more targeted and valuable communities.”

To grow audiences through hyper-distribution, Jarvis proposes that news outlets utilize readers as distributors and embrace the very hyper-fragmented forces of the social web that might pose the most existential threat to them: reverse-syndication, “embeddable paper” formats, APIs, specialization, and engagement on social networks.

These are viable concepts (and some of them are already used, i.e. by the New York Times, the Silicon Insider, and others) but, if you were to be cynical, you could also view them as belated means of catching up to a new media reality in which the traditional notion of an advertising- funded news market is no longer valid. While hyper-distribution may provide formats for the post-article era, it still clings to the idealistic assumption that the world needs professional news organizations. But what if it doesn’t? What if the student who famously told the New York Times a year ago, “If the news is that important, it will find me,” doesn’t really consider news media to be trusted sources of news anymore, no matter how good they are in deploying social distribution channels to push them to him? What, in fact, if news brands don’t really matter anymore to Gen Y – as sources of news, trusted or not?

Blog  Elektroniker

Less is More. The Tweet(ed) Revolution.

Looking at the many positive responses it received, Pico Iyer’s recent NY Times blog post on "The Joy of Less" appears to have struck a chord:

"But at some point, I decided that, for me at least, happiness arose out of all I didn’t want or need, not all I did. And it seemed quite useful to take a clear, hard look at what really led to peace of mind or absorption (the closest I’ve come to understanding happiness). Not having a car gives me volumes not to think or worry about, and makes walks around the neighborhood a daily adventure. Lacking a cell phone and high-speed Internet, I have time to play ping-pong every evening, to write long letters to old friends and to go shopping for my sweetheart (or to track down old baubles for two kids who are now out in the world)."

Blog  Elektroniker

Multimedia 2.0: From Paid Media to Earned Media to Owned Media and Back

Marketers face three types of media as channels of interaction with their audiences: paid media, earned media, and owned media. We know that in today's hyper-relational, atomized micro-markets, paid media's effect is somewhat limited. The days of broadcasting one-way messages via mass media are gone. Traditional advertising is struggling to cut through the clutter in an economy in which attention is the scarcest resource. Most ads are ignored or perceived as spam.

Blog  Elektroniker

Innovate or Die: Newspapers and Advertisers in the Post-Advertising Age

Has it finally arrived, the post-advertising age? Advertising Age, nomen est omen, recently ran a story on the blurring line between commercial and editorial content, as media companies are facing a fiercely competitive marketplace amidst declining advertising budgets (according to the Newspaper Association of America, advertising revenue in 2008 decreased by 17%, to $38 billion) and the looming crisis of the news industry as a whole (see Clay Shirky’s seminal essay on "Newspapers and Thinking the Unthinkable").

Blog  Elektroniker

@SXSW: Branded Conversations - Some Quick Thoughts on the Past, Present, and Future of Twitter

Does Twitter need a curator?

Someone blogged that SXSW Interactive is just like the Internet itself – disjointed, decentralized, scattered, fast, aggressive, random, fragmented, and so on. In fact, the main commonality between the two may be that the number of attributes to describe them is infinite. Like the Internet, the annual tech conference in Austin is an echo chamber of an echo chamber, a place where original thought and commentary get mixed up and mashed up in a highly self-referential meta-conversation.

Blog  Elektroniker

LIFT09: The Future in Permanent Beta

LIFT09

Blog  Elektroniker

Inauguration Immersion

It is only consequent that coverage of the eagerly awaited inauguration of Barack Obama as the 44th President of the United States on Tuesday is as crowdsourced, people-powered, and mashed-up as the campaign which got us this (once) improbable President in the first place. And it comes as no surprise that it is CNN, arguably the most innovative player among the big news networks, which is extending the experimental and experiential flair that has been a hallmark of Obamaesque politics 2.0 to the big day itself.

Blog  Elektroniker

Social Media Predictions for 2009

Alright, now we're in 2009 so this may come a little late. But anyway, the year is still young, so here are the social media predictions for 2009 from the collective expertise of the Junta42 bloggers.

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