Media Business

Yada Yada Yada

 

Depressed by Australian politics? Take a trip to the US and witness the media conversation there. This is the original recipe for our post-modern show about nothing, featuring professional partisans rattling off practised punchlines like Jerry versus Newman.

On a sleepy Sunday at Dallas-Fort Worth, an airport the size of a small Australian city, chino-wearing business travellers hunch over laptops at fast-food joints lit by hundreds of screens showing the talking heads sparring over Obamacare or the debt ceiling or fracking or whatever else might raise a temperature. (more…)

By Mr Denmore, ago

The Australian Asylum

The Rudd government’s new PNG solution to the asylum seekers problem is aimed at shutting down a filthy trade run by cynical and low-rent opportunists who exploit the hopes and fears of the most marginalised for commercial gain. Yes, we’re talking about tabloid editors.

There are two dimensions to the refugees issue. One is managing the problem itself – a relatively marginal one for a rich economy that leads the developed world on most economic metrics. The second dimension – and the trickier one – is the theatrics around the issue, a charade kept alive by attention-seeking sections of the news media and the frightened politicians they goad into one piece of policy knee-jerkery after another. (more…)

By Mr Denmore, ago

Old Empires New Legacies

Journalism isn’t like any other business. And that’s because journalism isn’t a business at all.  The great newspaper empires now being dismantled in Australia and elsewhere were actually advertising businesses supporting cultural institutions.

Industrial era journalism was a craft subsidised by the advertising. When advertising separated from the newspapers, the journalism lost its subsidy. Now, companies like Fairfax Media are seeking to put a market value on journalism itself. Good luck with that. (more…)

By Mr Denmore, ago

Noise Vs Signal

One of the curses of being a news journalist is that the ‘news’ (a hazy concept at the best of times)  must always fit the available space. The space for news has been expanding exponentially in recent years as new digital, real-time platforms emerge. At the same time, the resource to fill that space has been dwindling. What do you think happens?

(more…)

By Mr Denmore, ago

Reinventing Journalism

It is a painful time for many journalists. Cast aside from the failing industry that used to provide them with a secure living, they are confused, frustrated and in some cases downright angry that society no longer seems to put a dollar value on the skills they worked so hard to perfect.

That the wounds of mass redundancies are still raw was rammed home to me last week when I took part in a panel at an inner Sydney hotel organised by the Public Interest Journalism Foundation (PJIF) to “share ideas and experiences around innovation in journalism”. (more…)

By Mr Denmore, ago

Media Stockholm Syndrome

‘Twenty Ways to Bulk Up Your Cash’. That was the breathless headline in The Australian Financial Review on September, 27, 2005

“It’s shop till you drop for ordinary people with money to park,” the article gushed. “And the range of investment options is so vast, it’s very nearly an embarrassment of riches.” (more…)

By Mr Denmore, ago

Free Media VS Free Market

Much of the opposition to the federal government’s tame media reforms stems from a now ritual assumption among journalists and others that “free markets” are synonymous with “free media”. Nothing could be further from the truth.

Following the now infamous photoshopped front pages in the Murdoch tabloids, comparing Communications Minister Stephen Conroy to mass murdering dictators like Stalin, came this screeching meltdown by News Ltd columnist Piers Akerman on the ABC Insiders program.

The hysterical view of Akerman and others, mainly in the News Ltd stable, is that by insisting on a public interest test for media mergers and requiring self-regulating newspapers to live up to their own standards, Conroy is starting the process of “putting back the bricks back into the Berlin Wall”. (more…)

By Mr Denmore, ago

Shrink Wrapped

“Buy a slice of history!’ The Sydney Morning Herald and Melbourne Age flooded the streets with old fashioned paper boys and girls recently to exploit the novelty of these long established broadsheets making the transition to tabloid (‘compact’ in Fairfax-speak).

“The compact print edition launch is a significant moment in the history of Fairfax Media, enabling readers to engage with both mastheads in a more user-friendly print format,” the company quaintly trumpeted in a news release which hailed a “new era” in newspaper publishing. (more…)

By Mr Denmore, ago

Dog Bites Man News

Life is tough in the news business. Journalists are being asked to do more with less. Print reporters, once required to file once a day, must now produce in real time for multiple platforms. Speed and volume has primacy over care and quality. The noise-to-signal ratio has arguably never been greater.

What to do? The ideal solution is to hire more staff. But we know that’s not going to happen. The industry is downsizing faster than a Biggest Loser contestant as migrating audiences and advertisers cut its formerly generously proportioned profit margins to skeleton thin. (more…)

By Mr Denmore, ago

Who Protects Us From Stupid?

It was a bit of fun that flouted the rules, says Jonathon Holmes. The outrage is another example of nanny statism by meddling lefties, says Tim Blair. Yes, yes.  But has anyone considered that the now infamous hoax call to Kate Middleton merely confirmed (yet again)  the utter stupidity of our media and the people who mindlessly consume it?

Clearly, there has always been a substantial commercial market for juvenile stunts at the expense of others. And when those stunts are directed at the high-flown and privileged, it’s hard to argue they are any more than harmless fun. What green-blooded republican Australian doesn’t get a kick from poking fun at an anachronistic class structure built on the notion that some flesh and blood individuals walk on a different planet to the rest of us? (more…)

By Mr Denmore, ago