HOME
          
LATEST STORY
Newsonomics: The Financial Times triples its profits and swaps champagne flutes for martini glasses
ABOUT                    SUBSCRIBE
Dec. 21, 2011, 1 p.m.

Steve Buttry: From a dropped paywall to a social media Pulitzer, expect a year of transformation

With a bonus bold prediction for 2012: Gene Weingarten will write a disapproving column about the changing news business that is funny but dead wrong.
Editor’s Note: We’re wrapping up 2011 by asking some of the smartest people in journalism what the new year will bring.

Next up is longtime digital journalist Steve Buttry, the director of community engagement and social media at the Journal Register Co. & Digital First Media.

We will see more newspaper-company transactions in 2012. After a few years where no one wanted to sell at the price the market had dropped to, we’ve had Journal Register Co., the Oklahoman, the San Diego Union-Tribune, and the Omaha World-Herald (am I forgetting one?) sell in the second half of 2011. I believe those sales have helped set the market value, and some people who were refusing to sell will swallow their losses and get out of the newspaper business.

In the transactions mentioned above, people with sufficient wealth appear to have bought the companies outright, taking on little or no debt. (Take the World-Herald, which was bought by the ultimate rich person, Warren Buffett, at the helm of the ultimate public company, Berkshire Hathaway.) I believe we’ll see more transactions involving publicly held companies in 2012. We may also see more creative transactions that fall short of a sale, such as the Journal Register Co./Digital First Media deal to manage MediaNews Group.

I think Google+ will add a new feature (probably more than one, but one will get all the attention) that will make more of a splash than the initial launch of G+ did.

At least one Pulitzer Prize winner (most likely Breaking News Reporting) will have used Twitter and/or Facebook significantly in its coverage and its entry, and the social media use will be cited by the judges (or their refusal to cite it will be glaring).

The winner of the 2012 presidential election will work harder on reaching voters through social media than through the professional media.

Gene Weingarten will write a disapproving column about the changing news business that is funny but dead wrong. (After last year, I had to throw in one sure thing.)

Those are third-person predictions about what other people/companies will do. This last new prediction should carry the disclaimer of obvious self-interest, since I am leading community engagement and social media efforts for the company — but I am confident that Digital First Media will continue to lead the way in transforming the digital news business.

Beyond that, I will re-offer last year’s predictions, since they largely didn’t happen in 2011 (I suppose I can claim #newnewtwitter as being partial fulfillment, though it doesn’t include the features I mentioned):

  • Twitter will make some notable upgrades, including targeting and editing of tweets, historical searching, and some innovative commercial uses.
  • A leader will emerge in location-based news, social media, and commerce.
  • We will see some major realignment of journalism and news-industry organizations. Most likely: the merger of ASNE and APME, mergers of some state press associations, mergers of at least two national press organizations, and mergers of some reporter-beat associations. One or more journalism organizations will close.
  • At least one high-profile news organization will drop its paywall.
POSTED     Dec. 21, 2011, 1 p.m.
PART OF A SERIES     Predictions for Journalism 2012
SHARE THIS STORY
   
Show comments  
Show tags
 
Join the 15,000 who get the freshest future-of-journalism news in our daily email.
Newsonomics: The Financial Times triples its profits and swaps champagne flutes for martini glasses
The FT is a leader in crossing over from print — digital subscribers now make up 70 percent of its paying audience, a number that keeps growing.
A farewell to #content: Optimism, worries, and a belief in great work
A few thoughts on the state of media (and meta-media) from our departing staff writer.
On convening a community: An excerpt from Jake Batsell’s new book on engaged journalism
“An engaged journalist’s role in the 21st century is not only to inform but to bring readers directly into the conversation.”
What to read next
789
tweets
Snapchat’s new Discover feature could be a significant moment in the evolution of mobile news
By putting mobile-native news adjacent to messages from friends, Snapchat could be helping create part of the low-friction news experience many want and need.
750Snapchat stories: Here’s how 6 news orgs are thinking about the chat app
From live events to behind-the-scenes tours, The Huffington Post, Fusion, Mashable, NPR, Philly.com, and The Verge tell us how they’re approaching Snapchat.
714Here’s how the BBC, disrupted by technology and new habits, is thinking about its future
The British broadcaster released a new report looking at the future of news as it looks toward its royal charter renewal in 2017.
These stories are our most popular on Twitter over the past 30 days.
See all our most recent pieces ➚
Fuego is our heat-seeking Twitter bot, tracking the links the future-of-journalism crowd is talking about most on Twitter.
Here are a few of the top links Fuego’s currently watching.   Get the full Fuego ➚
Encyclo is our encyclopedia of the future of news, chronicling the key players in journalism’s evolution.
Here are a few of the entries you’ll find in Encyclo.   Get the full Encyclo ➚
SF Appeal
Newsmax
New England Center for Investigative Reporting
The Boston Globe
BBC News
Lens
Outside.in
Corporation for Public Broadcasting
Quora
Newsday
I-News
InvestigateWest