Future of digital advertising: consumers and advertisers need a new deal

Free content on the web can only survive if consumers stop using ad blocking software but advertisers need to stop their ‘pay and spray’ approachThe sale of the Financial Times marked an important milestone in traditional media continuing it transformation into the digital world. Many commentators have cited the price as evidence that paywalls can work. But it should also be seen as an indication that data is becoming a fundamental part of the content and publishing world. This is because as publishers erect paywalls, they gather two assets; revenue and data. Both of these help to pay for the content that we consume when we land on that publishers website.Data is the reason most of the content on the web is free – because we effectively trade the data that we exude on those platforms, for a service that we don’t have to pay for. The audience is the product, not the content. It’s important to note though, that this isn’t a new concept – our behaviour has always been sold to advertisers, which drives revenues to produce more content. Advertising has, for a long time, funded the content that we consume for free and in the case of most magazines and newspapers, we actually pay to consume. Related: Making free pay: seven lessons from media businesses that stopped charging Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-08-10 00:00:00 UTC ]

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The publishing industry is probably even less diverse than you thought.

Children’s book publisher Lee & Low Books, a minority-owned company that focuses on multicultural literature, recently released the results of a survey geared towards finding out one thing: What do the numbers say about the widely perceived lack of diversity in the publishing world? The... Continue reading at Literrary Hub

[ Literrary Hub | 2020-01-29 21:40:46 UTC ]
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PRH's Dohle Touts Acquisitions, Worldwide Growth in Annual Letter

Penguin Random House CEO Markus Dohle’s annual letter to company employees emphasized the acquisitions the publisher has made across the publishing world this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-12 05:00:00 UTC ]
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How does the Nobel Prize affect book sales? (And what if there’s controversy?)

In the publishing world, it seems like winning the Nobel Prize just isn’t what it used to be. A Deutsche Welle interview with Lucien Leitess, director of the Swiss publishing house Unionsverlag, explored the business of predicting a Nobel laureate’s commercial success. The controversy... Continue reading at Literrary Hub

[ Literrary Hub | 2019-12-11 19:54:24 UTC ]
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LVMH bids for Tiffany and Disney media review causes controversy: Monday Wake-Up Call

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[ Advertising Age | 2019-10-28 10:22:02 UTC ]
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[ Advertising Age | 2019-10-24 19:52:28 UTC ]
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[ Advertising Age | 2019-10-24 10:29:51 UTC ]
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I was proud my literature award. Then came the talk of ‘box-ticking’ | Chitra Ramaswamy

It’s clear that the publishing world needs more diversity. Why do some see this as compromising quality?Let me tell you a story. A few years ago, months after this riven old island voted to leave the European Union, and days after an ex-reality TV host became the leader of the free world, a... Continue reading at The Guardian

[ The Guardian | 2019-10-11 15:37:44 UTC ]
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[ Advertising Age | 2019-10-11 11:22:17 UTC ]
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[ Advertising Age | 2019-10-11 11:22:17 UTC ]
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[ The Bookseller | 2019-09-23 16:30:46 UTC ]
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[ AdWeek | 2019-09-23 04:01:50 UTC ]
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[ Writer's Digest | 2019-09-04 18:25:07 UTC ]
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[ Fast Company | 2019-09-04 09:00:55 UTC ]
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[ The Guardian | 2019-08-18 07:00:10 UTC ]
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[ The Bookseller | 2019-08-01 14:50:21 UTC ]
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[ The Guardian | 2019-07-14 07:00:23 UTC ]
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[ Silicon Valley Business Journal | 2019-07-13 11:55:00 UTC ]
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[ Publishers Weekly | 2019-06-12 04:00:00 UTC ]
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[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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