Notes from BBC The Media Revolution programme: presenter Janet Street Porter. started as a Fashion Writer in the 1970s
PART ONE: Newspapers
Property and Recruitment advertising going elsewhere. - Online websites.
Print: 2.25m loss of readers last year.
750,000 readers lost The Mirror
400,000 readers lost The Sun
10% Guardian lost
500,000 readers stopped buying a sunday paper.
Sir Martin Sorrell WPP, buys advertising round the world.
Advertising FB, MSN, MySpace are taking lots of advertising from the papers.
Classified ad's a previous income for newspapers have gone down by 30-35% eg.property in the last year. Moved to online websites.
NUJ reports 500 print journalists in a week lost jobs.
Derek Jameson started with Reuters as a runner. Newspapers have survived Radio/TV, why won't they survive the internet?
10/12/85 Murdoch moved offices to Wapping.
25/01/86 Strikes and riots between proprietor Rupert Murdoch and workers. HQ in NY. Controls Sun/The Times/ Wall Street Journal.
London Sun's circulation gone up in the last year, but less than it was ten years ago. NEWSCORPS.
Graham Dudman, MD. Sun, Says great journalism is still selling the paper. Has cut it's cover price against the Mirror. RM has increased investment in Editorial and production. Printing has moved from Wapping to London. Prints all his papers faster 30,000 p/h before. 86,000 copies an hour in full colour. They print £23m newspapers a week. Printing more economical and delivers newspapers so quickly and in full colour.
Media Analyst, Paul Gooden. Prices going up, but can keep loyalty by giving away a book or CD, DVD's.
McFly set up own record company and instead of releasing it they gave it away free with a newspaper. It boosted their sales and the band £2.4 had the album, and extra 300,000 more readers/listeners.
Offsetting advertising losses with new giveaways.
Free papers are also picking up the advertising. Targetted young people with disposable income, good for advertisers.
Freesheets are accused of dumbing down news. Supposed to be 55% news, but in an onstreet survey people still wouldn't pay for it. One person said 20p. Junk newspaper. Freesheets cannot deliver news indepth.
RM Chairman and CEO - young people are living on their computers. RM totally neutral about where the news is read, tv,web,print.
Alan Rusbridger Guardian, says the print presses they have are probably the last presses they will ever buy.
People want to see news as it happens, pictures, audio, opinion all at once.
Daily Telegraph, Britains biggest selling daily. Has overhauled it's offices. Images projected across the wall and also a realtime number of how many people are reading articles online.
Edward Roussel, Telegraph. They are making more video than they used to. EG financial programmes. Feel they have a younger audience metropolitan audience on the web. You find they're not so different after all (young and old news readers)
New Media distinctly unprofitable - no-one wants to pay to read news online.
Tim Bowdler - If it's online we should have it for free.
20m unique users 2m abroad - Guardian. £7m p/month log on from USA. to Guardian newspaper. British news is popular.
Cameron Yuille, Agent 007, need to change the way the newspaper thinks about their audience. They got to figure out how to sell to the global audience. Reader specific advertising.
Guardian going for US, and India.
Amazon - the kindle, can have books, newspaper subscription, whole paper.
Newspapers have to find the funds to weather the recession and invest in digital technology.
Newspapers will not die, because it's a good way of reaching large sections of the population, like TV. Our appetite for news is not diminishing.
PART TWO: Books. The Fight, Libby Potter.
Who's profiting from the boom in celebrity books?
Books have been cheap, delivered to your house next day - what's not to like, Will Self
Booksellers are telling publishers what they will sell and what they won't.
£1,500 - £100,000 being paid to booksellers to highlight their book.
£200m books bought last year in the UK.
Rise of celebrity books, 5 of last years top 10 books were written by celebrity's.
Patrick Janson Smith, Publisher. gave Dawn French (for her book) - £2m advance, but how many books need to be sold to recoup that?
Fiction and Celebrity are popular books. Paul O'Grady was paid 'seven figures' for his book. Larry Finlay MD. If you have the books that are generating the money then you have money to help new authors.
Carole Blake, Literary Agent, 'celebrity take up a lot of bookshelf space, marketing, and smoothing ego's'. But only one out of ten of these books will make it.
Fay Weldon, Author, feels the Celebrity books are affecting what is being published. The quality, history and standards are going downhill.
Stephen Page, Faber and Faber. Says other books are being overpriced to fund the celebrity books.
Neill Denny, Editor in Chief, says celebrity books is helping other books by using profit from their books.
Book world, price wars, competitive wars. Gerry Johnson, MD Waterstones. People have to feel confident that our prices are as good as they can get anywhere else.
PD James are not selling as much now. Used to be £15 is now £10 for a hardback.
A £20 book is now selling at around £8. Publishers are losing out.
Newsnight, WHSMith 26/9/95. 'Net Book price' collapses. Now a free for all on what the market can charge.
Asda etc introduced their discounting skills to books. Will your author take a minimal price, but higher quantity.
Booksellers dictate to publishers what will be sold and how much of.
Amazone and rise of books on internet has had a massive impact on the bookselling world, competing with price and availability.
Christopher North VP of Media, Amazon. Basic idea was to be able to offer the entire selection of books which wouldn't be offered on the high street.
Has discounting gone too far? Amazon's discounting is same as other retailers large.
Haschette has recently refused to sell their books at the discounted price Amazon requires.
Aggressive discounting has left smaller independent booksellers unable to compete and have had to specialise or close. Nearly 100 independents have closed in the last year. Independent bookshops can't compete on price as can't hold the same amount of stock.
Will Self, Author, says the customers are starting to wag the dog. Buyers reverting to independent bookshops. Although, TV daytime programmes such as R&Judy bookclub has had a phenomenal impact on the book industry. Will's been asked to butter up Amanda Ross to help the trade!
Amanda Ross - MD. Cactus TV. idea to set up a bookclub on daytime TV. She chooses the book by what she likes. Oprah Winfrey also did on her show.
Daytime TV has got the right demographic, Richard & Judy recommendation.
22/1/04 Star of the Sea, Joseph O'Connor. - started climbing after the show and went to number one after the show. Bob Geldof's recommendation sent it sky high too.
Must secure foreign sales too. Bookfairs in Frankfurt, Brit titles in big demand there. Booksellers and buyers across the world meet to April/Oct. All manuscripts delivered month before bookfair.
Carole Blake, she has back to back meetings all week selling foreign rights to her authors books. Independent publishers don't have marketing budgets like the
Tindal Streeet Press, Luke Brown, - small publisher. Have to be more inventive and more passionate. Go for books that the larger publishers miss. EG Catherine O'Flyn What Was Lost sold 7m copies. She was told that the book lacked commercial appeal by the bigger publishers. As it didn't fit in the pigeon holes they felt were selling.
Conscious of the market you're selling to. Agents aren't looking for: completely mad letters suggest completely mad people and Carole Blake isn't interested.
Cost of a title can dictate where the book is sold. EG 3for2 deal tables hold a small marketing fee and will make the book sell thousands more than it would on shelf.
Transworld Publishers. Larry. pay £1,500-100,000 to get their book in prime slots in booksellers.
Pressures of market, industry is now mass market and mass market ideals. Therefore, a lot of books have been pushed down this format. Profit from publishing is being concentrated to big commercial houses/multi-national conglomerates. The big book selling chains are winners.
Losers are the independent booksellers, small publishers and authors who couldn't get their work out there. Serious literature is supposedly being printed less.
The consumer is winning, not just the educated elite buying books, wide variety, cheaply.
PART THREE: TV Analogue to Digital as prfound as moving from b&w to colour.
Britain invented it.
Hells Kitchen, UK Idol,
Still funding TV as if it were 50 years ago.
Who wants to be a millionaire started from a home quiz show. biggest profit.
What will keep TV alive?
Rod Taylor, Head of International TV, 2waytv, Executive Producer, Who Wants to be a Millionaire. Being made for Cosovan and Albanian TV.
Needs to consider viewers and advertisers. Young male presenters attracts women.
Max Flint - reporter.
TV competing
25% share of advertising held by internet.
Google will be as big as ITV.
Reaching £4.50 p/adult - used to be £7 from advertising.
Has to find new sources of funding to meet new landscape.
Wayne Garvie, must have an international strategy and can you access international funding.
Britains done well with it's format. EG Freemantle Media. Tony Cohen. Format has tears, laughter and a resolution. A format can be repeated. 50% of formats across the world are from the UK. Because UK commissions original ideas and can then export them.
EG: Strictly has been screened across 40 countries. Each country has own judges and contestents so it is adapted to each culture.
Similar to way films are funded. Patchwork of various funders and participants/companies.
hit film Slumdog Millionaire has shown how ingrained one of our shows has become.
London's Capital Radio started Who wants to be a Millionaire. David Briggs worked to turn show to a TV show. Prizes got from premium rate numbers. Once international companies heard they wanted to buy, never got any answers, so prices kept going up.
WWTBM has been broadcast in 107 countries.
2waytraffic was bought by Sony for £7m
Peter Bazalgette, after WWTBM US were knocking down his door for next new format.
UK US, Russian and Eastern European Companies take it on.
When they sell a programme it includes a bible to producing the show.
In a lot of countries it isn't £1m. In Cosovo it's 50.000 Euro's as this is 2o times someones annual wage and will therefore change their life.
Albanian and Cosovan's are bused to the gameshow.
Lee Bartlett, ABC 92-99, says they can film in London and still fill the audience with whatever language they want. If you go to the country and produce the show yourself then you get to keep the production fees. In US the production fees are very lucrative.
$100m a year Granada TV US.
The BBC have offices in US and own American Idol show. Fox screens the show. American Idol has been number 1 for last five years. (FremantleTV).
Simon is part of the british original . - A nasty britishman seems to increase ratings (Gordon Ramsey).
Wife Swap, What not to Wear, Antiques Roadshow, Top Gear have all been taken to the US.
The Office, NBC Universal, Ben Silverman - says Britain invades US with Shakespeare, music-the Beetles.
Product Placement is being campaigned for as imported programmes are allowed to. John McVay says domestic programming can't use this.
Merchandising - v.comp in kids programmes - NEVER! - Tele Tubbies going on tour, in China huge themed kindergartens are being opened. Anne Wood co-creator of Teletubbies. Lucky if you get quarter of funding, have to go out and get 75% yourself. It's made more diff by counterfeit merchandise.
Piracy of digital content. Video sharing on the internet - this threatens the corp from exploiting the show across different platform. Therefore, jeopardising the production of this type of show again.
Director of Content and Production Worldwide. Wayne ... & Ben Silverman say if other people are counterfeiting the programme, work out a way of doing the same thing, so they can't.
Bebo experimenting by having TV. Joanna Shields Ch Exec. Bebo. Drama Kate Modern, 67million views worldwide. Advertisers were brought into the show, ie Cadbury's Cream Egg suit worn.
Future, may be able to choose what adverts they will see. Can sell their time of watching an advert for 20sec's then they get certain amount of time to watch free content.
Millionaire into Afghanistan 2009?
30-40 yrs TV has shown itself adaptable to new technology and new viewers.
Transmedia - content available in lots of areas.
Movies didn't disappear when TV came in.