Wednesday, February 10, 2016

New York Times Co. Announces Newsroomwide Strategy Review
Their backgrounds are in other industries, from retail to real estate
January 21, 2016
By the editors of Media Life
This article is part of a Media Life series “Reinventing the American Newspaper.”

Stan Kroenke Buys Massive Texas Ranch Listed For $725 Million, Likely Most Expensive Ranch Sale Ever 
Feb 9, 2016

Billionaire Stan Kroenke, owner of what are now the NFL’s Los Angeles Rams, has purchased a massive Texas ranch that had a $725 million price tag. The exact purchase price was not disclosed, but if it came anywhere near the asking price the ranch would become the priciest ever to sell in the U.S.
The 510,000-acre W.T. Waggoner Ranch spans nearly 800 square miles and is believed to be the largest ranch behind a single fence in the U.S., said Joel Leadbetter of Hall and Hall, who represented Kroenke in the deal. Waggoner Ranch includes 30,000 acres of farmland, several creeks, more than 1,000 productive oil wells, hundreds of horses and thousands of cattle. The ranch  received the prestigious American Quarter Horse Association Best Remuda award in 1994 for its high-quality herd of quarter horses. “It’s been in the same family of ownership for 167 years, which is basically unheard of for ranches,” Leadbetter said.

Traveling Through Venezuela, a Country Teetering on the Brink
Our reporter explores the country and its people in his
first 30 days in the region on assignment for The Times.

User Generated Content (UGC) Infographic

What Is UGC?

What is User Generated Content?

User-Generated Content (UGC) refers to any form of content created by unpaid contributors. UGC can come in many forms such as pictures, videos, tweets, pins, reviews, testimonials, posts, etc, and it is often – but not always – created and shared via social media networks. As the amount of User-Generated Content being created has grown — in 2014, KPCB analyst Mary Meeker reported that almost 2 billion photos are shared online each day — brands have begun leveraging this UGC within their own social media marketing as well as across their other marketing channels. Sophisticated marketers have incorporated User-Generated Content directly into their websites, email campaigns, and digital advertising.

Why is User Generated Content Important?

According to a study done by Nielsen, “92% of consumers trust online content from friends & family above all other forms of brand messaging. And they trust strangers second most — far more than they trust content from brands.” With advances in technology like smartphones and high-speed mobile internet, consumers have gained the ability to easily create and share this type of “trusted” content. Smart marketers are leveraging User-Generated Content across their owned channels to improve engagement and drive higher levels of revenue.

New Hampshire Results *SANDERS 60% CLINTON 38% *TRUMP 35% KASICH 16% CRUZ 12%

 New Hampshire Presidential Primaries Results via POLITICO

NYT Coverage of New Hampshire Elections

GOP shatters its turnout record; Democrats lag behind
- The Washington Times - Wednesday, February 10, 2016
Republicans set a new turnout record Tuesday in New Hampshire’s primary, attracting more than a quarter of a million voters to the polls and offering evidence that most of the energy in the 2016 presidential race continues to be on the GOP side.

Why Silicon Valley is going gaga over the idea of a Bloomberg presidency

Trump puts a price on his wall: It would cost Mexico $8 billion
Donald Trump on the day New Hampshire voters head to the polls in the primary election estimated for the first time that his infamous wall on the southern border would cost $8 billion — and insisted yet again that Mexico will pay for it.

Tuesday, February 9, 2016

Ben Bernanke, from Most Powerful Economist in the World to Blogger

Ben Bernanke, from Most Powerful Economist in the World to Blogger
Wall Street Journal  March 30, 2015
by John Hilsenrath
Look out economics bloggers. There’s a new guy in town.
Former Federal Reserve Chairman Ben Bernanke is launching his own economics blog

Ben Bernanke Just Started Blogging, and Already He's in a Great Blog Fight With Larry Summers
Bloomberg  April 1, 2015
Lorcan Roche Kelly

Well, that didn't take long.
On Monday, former Federal Reserve Chairman Ben Bernanke started a blog at the Brookings Institution, and it has taken him only two days to get into a proper argument.

Ben Bernanke: from Fed Chair to blogger and tweeter
CNN Money  March 30, 2015

Bernanke, who led the Federal Reserve through the recession, launched his economics blog with the Brookings Institution Monday.
Now, since he is no longer controlling U.S. monetary policy, he's free to make his remarks without the burden of everyone on Wall Street meticulously examining his words.

His influence is still huge, however. After just two tweets, Bernanke's account, @benbernanke, has over 11,200 followers. Many reports say Bernanke fetches $250,000 or more for a speech these days.

For the first time in history, a former Chair of the Federal Reserve is blogging. According to Ben Bernanke, his new Brookings Institute blog will be about “economics, finance, and sometimes baseball”. Apart from occasional speaking engagements, the public has not heard much from Bernanke since he left the Fed in early 2014 upon reaching the end of his second term as Fed chair and handing off the reins to current Fed chair Janet Yellen. With Bernanke’s new blog, we may unexpectedly be getting frequent updates from the former Fed chair at a critical time for the Fed as it decides when to raise its key benchmark interest rates, potentially sometime this year.

Read Ben's Blog Here  

Business and Media Related News

Michael Bloomberg says he is eyeing 2016 run for the White House
Oliver Ralph in London, Demetri Sevastopulo in New Hampshire and Matthew Garrahan in New York
Michael Bloomberg, the billionaire media owner and former New York mayor, has stated for the first time that he is considering a run for US president, a move that would dramatically reshape the 2016 race for the White House.

Bloomberg Is Worth Seven Times More Than All The Candidates Combined
FORBES  January 26, 2016
Emily Canal
Forbes estimates that Bloomberg is worth $36 billion. That’s more than all the Democratic and Republican candidates combined . The total net worth of the 15 candidates is $4.68 billion, and Bloomberg is worth more than seven times that. Additionally, Bloomberg’s fortune is a little over eight times what the current wealthiest candidate, Donald Trump, is worth.

Las Vegas newspaper staff feels casino giant Sheldon Adelson's tightening grip
LA Times
February 9, 2016 By Nigel Duara

When casino mogul Sheldon Adelson quietly bought Nevada's largest newspaper, reporters made it their mission to break the story of their new owner.
Newly energized after years of turnover and turmoil, the news staff at the Las Vegas Review-Journal furiously reported on the sale and — in a front-page editorial — promised readers that they would stand sentry to make sure the paper's stories were fair, balanced and stripped of any possible influence from Adelson's political and business connections.
But that full-tilt burst of self-reporting has now slowed amid a heavier hand from Adelson's appointed leadership, and some suggest, so has the vow of being transparent.

Blackwater founder Erik Prince on how to defeat Islamic State
Erik Prince, the well-known founder of military contractor Blackwater, has been offering advice to current Republican presidential candidates about how the US should respond militarily and geopolitically to the situation on the ground in the Middle East — especially with regard to the threat posed by Islamic State (IS) jihadists.
In this Asia Times exclusive, Prince, who currently heads Frontier Services Group, an Africa-focused security and logistics company, outlines his talking points about what the US-led coalition must do to thwart IS in the region.

Monday, February 8, 2016

Ignition 2016 & Dreamforce 2016 Technology Conferences

Ignition 2016 - Business Insider's flagship annual conference in NYC
Mon, Dec 5 2016 5:00 PM Wed, Dec 7 2016 7:00 PM
Back for its seventh year IGNITION: Future Of Digital will be in NYC. The event explores the future of media as it intersects with technology and changes everything from how we consume information to how we market, invest, socialize, work, live, and play.

You'll learn about the key trends in the post-PC era, from social to mobile to e-commerce, digital payments, cord-cutting, big data, internet of things, wearables, and more that are all defining the emerging web economy. At the same time you'll pick up insights that can transform your work or even your company.

 Read about Ignition 2015 here:

Dreamforce 2016
October 4–7, 2016 | San Francisco, CA

Read a little about Dreamforce 2015 here:

2016 Mega-Conference Arrives in Austin Feb. 22-24

Sponsored by the Inland Press Association, Local Media Association, and Southern Newspapers Publishers Association, the program’s theme is “Recasting Success: Building a Vibrant and Sustainable Future.”
 “Newspapers are navigating massive changes in the way people consume information and businesses go to market—we want to explore possible approaches and the tools available to help us execute them to help create new revenue streams to replace the growth we once saw from parts of the business that now are stagnant or in decline.”

Conference Program

List of Attendees

Business News, Tech, and Media Related News

 92% of college students prefer print books to e-books, study finds
LA Times 
February 8, 2016.
by Michael Schaub
If you imagine millennials are just young people entranced by their cellphones or tablet computers, you might want to think again. According to a new study, 92% of college students would rather do their reading the old-fashioned way, with pages and not pixels.

 2016 Digital priorities for publishers – a global snapshot
World Association of Newspapers and News Publishers (WAN-IFRA)
Dean Roper  January 27, 2016
We asked numerous digital news media executives around the world what their top three digital priorities are for this year, to gain insights into how digital trends are playing out globally. We would be thrilled if your company would also like to share their priorities. This list is in alphabetical order by country.

The Evolution of Newspaper Innovation [Infographic]
Newspaper Association of America

April 09, 2014
Did you know the average adult uses four different devices or technologies to access news in a given week? In today's media landscape, readers are changing the way they access and interact with newspaper media content. And newspapers continue to innovate and transform, reaching new audiences and discovering new revenue streams.

Amazon hiring for bookstore in San Diego
E-commerce giant eyes expansion of brick-and-mortar business.
San Diego Union
By Jennifer Van Grove and Lori Weisberg | 5:36 p.m. Feb. 5, 2016

The sky is falling on print newspapers faster than you think

Richard Toefel January 20, 2016

 Last October, a McKinsey report declared, “We believe that many of the people likely to abandon print newspapers and print consumer magazines have already done so…. We believe most of this core audience — households that have retained their print subscriptions despite having access to broadband — will continue to do so for now, effectively putting a floor on the print markets.”

Washington Post eyes 'bittersweet' newsroom move
AFP via Yahoo News
The Post officially leaves its headquarters building in downtown Washington on December 14 as it migrates its 700-person newsroom staff three blocks away to offices designed as the newsroom of the future.
It will mark a fresh beginning for a newspaper with a grand tradition but which is undergoing major changes under Jeff Bezos, the Amazon founder who bought the daily in 2013.

Jeff Bezos says The Washington Post’s goal is to become the “new paper of record”
“We’re doing it now with more resources and we have a lot of patience for that job.”

Al Jazeera America to shutter digital operations by the end of the month
By Kelsey Sutton 2:24 p.m. | Feb. 8, 2016
The closure of Al Jazeera America is coming sooner than expected.
Al Jazeera America staffers were told during a staff meeting at 2 p.m. today that they are to stop updating the company's website on Feb. 26, POLITICO has learned.
Digital staffers were told to stop reporting work after Feb. 26, although they will be paid through April. TV operations will continue until April 12.