2017 will almost certainly be a terrible year for the media industry, if you view industry-wide layoffs and cost-cutting to be a bad thing. There’s a case to be made that media companies are smart to be stripping down and trying to do more with less, considering that no one has yet figured out a business model that will work for a wide swath of the industry. The darlings of the biz — The New York Times, The Washington Post, BuzzFeed, etc. — should be fine, but I expect the companies in Tiers B through D to really suffer next year.
In particular, I expect a handful of VC-funded digital media companies to either sell low to bigger companies or implode. While most of these companies don’t want to be associated with Elite Daily, The Daily Mail’s recent decision to write down the value of its 2015 acquisition is bad news for this corner of the industry. Digital media just isn’t a great business right now, and the idea of “acquiring millennials” by buying up a site like Elite Daily has now proven to be at best very risky and at worst extremely dumb.
I imagine that a few companies will hit the brakes on producing branded content next year, since it’s expensive to make and there’s way too much of it flooding the market. It seems pretty clear at this point that branded content will not save the media industry. It won’t replace print advertising, and it won’t prop up digital companies that don’t make any consumer revenue and are relying on the promise of it to back up their lofty valuations.
I hope that we’ll actually start seeing some TV shows from the digital media companies — like BuzzFeed, Vox Media, and Mashable — that have been talking about TV for a while now. TV is hard to make, of course, but I’m ready to see whether there’d actually be an audience for a BuzzFeed show. (We’ll find out soon whether there’s an audience for a BuzzFeed movie, with the Brother Orange feature — starring the guy from Big Bang Theory — in development.) These companies are hoping that TV will provide a healthy new revenue stream, and something of a contingency plan if marketers lose interest in branded content.
In 2017, I sincerely, earnestly hope that journalists will stop fighting on Twitter over minor differences in opinion or style. Fighting on Twitter is fun but not productive. Besides, things are rocky right now, and we need to huddle together, not subtweet the shit out of each other for no reason. That being said, I reserve the right to publish snarky tweets about dumb headlines.
Jeremy Barr has covered the media industry for Politico and Ad Age.
Michael Kuntz Trust is the new click
Jonathan Stray A boom in responsible conservative media
Libby Bawcombe Kids board the podcast train
Melody Kramer Radically rethinking design
Ashley C. Woods Local journalism will fight a new fight
Laura Walker Authentic voices, not fake news
Carla Zanoni Prioritizing emotional health
Swati Sharma Failing diversity is failing journalism
Elizabeth Jensen Trust depends on the details
Javaun Moradi What can we own?
Rebekah Monson Journalism is community-as-a-service
Dan Gillmor Fix the demand side of news too
Peter Sterne A dangerous anti-press mix
Umbreen Bhatti A sense of journalists’ humanity
Ståle Grut The battle for high-quality VR
Tanya Cordrey The resurgence of reach
Kawandeep Virdee Moving deeper than the machine of clicks
Zizi Papacharissi Distracted journalism looks in the mirror
Tim Herrera The safe space of service journalism
Liz Danzico The triumph of the small
Dhiya Kuriakose The year of digital detoxing
Rachel Sklar Women are going to get loud
Keren Goldshlager Defining a focus, and then saying no
Nicholas Quah Podcasting’s coming class war
Cory Haik Navigating power in Trump’s America
Christopher Meighan Unlocking a deeper mobile experience
Julia Beizer Building a coherent core identity
Andrew Haeg The year of listening
Dannagal G. Young The return of the gatekeepers
Sarah Marshall Focusing on the why of the click
Mary Walter-Brown Getting comfortable asking for money
Francesco Marconi The year of augmented writing
Tressie McMillan Cottom A path through the media’s coming legitimacy crisis
Moreno Cruz Osório The year of transparency in Brazilian journalism
Alexis Lloyd Public trust for private realities
Liz McMillen The year of deep insights
Andrew Ramsammy Rise of the rebel journalist
M. Scott Havens Quality advertising to pair with quality content
Maria Bustillos “It’s true — I saw it on Facebook”
Juan Luis Sánchez Your predictions are our present
Pablo Boczkowski Fake news and the future of journalism
Sue Schardt Objectivity, fairness, balance, and love
Richard Tofel The country doesn’t trust us — but they do believe us
Matt Karolian AI improves publishing
Guy Raz Inspiration and hope will matter more than ever
Gabriel Snyder The aberration of 20th-century journalism
S.P. Sullivan Baking transparency into our routines
Olivia Ma The year collaboration beats competition
Mira Lowe News literacy, bias, and “Hamilton”
Michael Oreskes Reversing the erosion of democracy
Nathalie Malinarich Making it easy
Robert Hernandez History will exclude you, again
Emi Kolawole From empathy to community
Carrie Brown-Smith We won’t do enough
Millie Tran International expansion without colonial overtones
Helen Havlak Chasing mobile search results
Corey Ford The year of the rebelpreneur
Megan H. Chan Cultural reporting goes mainstream
Lam Thuy Vo The primary source in the age of mechanical multiplication
Mary Meehan Feeling blue in a red state
P. Kim Bui The year journalism teaches again
Amy O'Leary Not just covering communities, reaching them
Joanne Lipman The year of the drone, really
Mario García Virtual reality on mobile leaps forward
Amie Ferris-Rotman Вслед за Россией
Lee Glendinning A call for great editing
Burt Herman Local news gets interesting
Katie Zhu The year of minority media
Geetika Rudra Journalism is community
Errin Haines Chaos or community?
Tracie Powell Building reader relationships
Tim Griggs The year we stop taking sides
Scott Dodd Nonprofits team up for impact
Rachel Schallom Stop flying over the flyover states
Taylor Lorenz “Selfie journalism” becomes a thing
Ernst-Jan Pfauth Earn trust by working for (and with) readers
Rasmus Kleis Nielsen News after advertising may look like news before advertising
Jonathan Hunt Measurement companies get with the times
Margarita Noriega From pinning tweets to tweeting pins
Aja Bogdanoff Comments start pulling their weight
Sara M. Watson There is no neutral interface
Eric Nuzum Podcasting stratifies into hard layers
David Skok What lies beyond paywalls
Anita Zielina The sales funnel reaches (and changes) the newsroom
Ariane Bernard Better data about your users
Juliette De Maeyer and Dominique Trudel A rebirth of populist journalism
Bill Keller A healthy skepticism about data
Mandy Velez The audience is the source and the story
Almar Latour Thanks, #fakenews
Jim Friedlich A banner year for venture philanthropy
Alice Antheaume A new test for French media
Adam Thomas The coming collaboration across Europe
Matt Waite The people running the media are the problem
Valérie Bélair-Gagnon Truthiness in private spaces
Kathleen Kingsbury Print as a premium offering
Mike Ragsdale A smarter information diet
Dan Colarusso Let’s make live video we can love
Priya Ganapati Mobile websites are ready for reinvention
David Weigel A test for online speech
Sydette Harry Facing journalism’s history
Samantha Barry Messaging apps go mainstream
Ryan McCarthy Platforms grow up or grow more toxic
Ole Reißmann Un-faking the news
Andrew Losowsky Building our own communities
Jeremy Barr A terrible year for Tiers B through D
Renée Kaplan Pure reach has reached its limit
Erin Pettigrew A year of reflection in tech
Rubina Madan Fillion Snapchat grows up
Andrea Silenzi Podcasts dive into breaking news analysis
Vivian Schiller Tested like never before
Erin Millar The bottom falls out of Canadian media
Andy Rossback The year of the user
Bill Adair The year of the fact-checking bot
Emily Goligoski Incorporating audience feedback at scale
Claire Wardle Verification takes center stage
Nushin Rashidian A rise in high-price, high-value subscriptions
Doris Truong Connecting with diverse perspectives
AX Mina 2017 is for the attention innovators
Caitlin Thompson High touch, high value
Alberto Cairo Communicating uncertainty to our readers
Reyhan Harmanci Bear witness — but then what?
Jon Slade Trusted news, at a premium
Sarah Wolozin Virtual reality on the open web
Molly de Aguiar Philanthropists galvanize around news
Mathew Ingram The Faustian Facebook dance continues
Hillary Frey Forests need to burn to regrow
Amy Webb Journalism as a service
David Chavern Fake news gets solved
Annemarie Dooling UGC as a path out of the bubble
Steve Henn The next revolution is voice
Sam Ford The year we talk about our awful metrics