Tuesday, April 15, 2008

What does Press2.0 really mean?

I've been asked by some readers of this blog to explain a little more why I have called this collection of articles Press2.0 ....

Recently I have tended to focus on the subject of corporate & influencer dialogue and I continue to think that there is a big issue concerning the way companies communicate with their consumers, shareholders, etc. But it is also obvious that there has been a shift in how companies communicate with individuals in recent times. They are engaging in a more collaborative conversation and facilitating 2-way dialogue to create positive influence.

However the media has probably shifted the most...

In the past company communications were usually done via 'The Press', which in general meant the media who would cover this sort of information (evolving through: print, radio, tv, internet news sites, etc.)

I thinkthat the media is now so broad (encompassing social media) that 'The Press' (although originally referring to those that had a printing press for making newspapers) now really means anyone with access to publishing technology... in other words, anyone with connectivity to the Internet.

I'll make my case with the following points:

1. The old journalist model is dying
If you don't believe me, take a look aroud the web.
e.g. Your Report enables the user to become the journalist.

Bill Thompson at the BBC, put its nicley:

"They [newspapers] also seem to have realised that anyone who wants to break into professional journalism needs to have some sort of online presence beyond a Facebook profile
Indeed for several years now newspapers and TV now look to bloggers as the source for news stories: http://news.bbc.co.uk/1/hi/world/4696668.stm and there are almost daily articles about how newspapers are dying: http://news.slashdot.org/article.pl?sid=08/03/30/1828252

According to Bill Keller of The Times:

Newspaper companies are losing advertisers, readers, market value, and, in some
cases, their sense of mission at a pace that would have been barely imaginable
just four years ago.
Perhaps this is not just because the internet is now so many people's primary news source, but that people just don't trust media companies anymore?

2. The power of publishing is no longer in the hands of the few
With free blogging tools and the ability to reach anyone out on the web, you no longer need to own a newspaper or synicated TV programme to reach across the globe and gain an audience.
Perhaps the naming of one of the most popualr blogging tools http://www.wordpress.com/ is the most obvious giveaway....

3. The commodity of the mainstream press is no longer content, its attention for eyeballs.. yours
Your attention is a commodity every major media want, as this brings with it the advertising revenue. Media owners will apparently publish anything they like if they think they can sell potential customer attention as inventory to a product owner.

Blogs and other social media don't necessarily crave that attention or revenue. They are created out of passion and need, or often just as a way of diarising or commenting on what happens...

.... as I have just done

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