Is Data the Salvation of News?

Post by: Russell Perkins, ICG

Russell Perkins, ICG

Doubtless by now you’ve heard the buzz around the travel news start-up called Skift. Skift is the brainchild of Rafat Ali, the founder of PaidContent.

Skift wants to broadly cover the incredibly huge global travel industry with only a handful of reporters. That means Skift will deliver a mix of original reporting along with licensed and curated content. So where’s the innovation and disruption? The answer, in a word, is data. Skift seems to have a firm grasp of the new dynamics of the information marketplace: while there is an important role for news, it’s increasingly hard to monetize. That’s why news married to data is a much smarter business model.

Read more here.

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Revenue Opportunities at the Intersection of Cloud and Mobile (for Publishers and Media Companies) is Now Available On Demand

During the Revenue Opportunities at the Intersection of Cloud and Mobile (for Publishers and Media Companies) webcast, held on May 14th in NYC and co-hosteded by ABM & SIIA, the speakers discussed how today’s leading media companies are developing revenue-driving mobile apps that combine their own information, mobile platform technologies and Web content to create powerful solutions.

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The roundtable discussion included panelists presenting case studies from leading publishers on the functionality and revenue impact of their apps on enterprise construction services, innovation for research and product development and online media.

Presenters:

 

 

 

 

John Blossom, President of Shore Communications Inc
John Blossom is a globally recognized content industry analyst, providing thought leadership and improved strategic marketing for executives in media and technology companies in search of new approaches to rapidly changing markets for their products and services. Mr. Blossom founded Shore Communications Inc. in 1997, which provides research and advisory services for major and emerging publishers and content technology companies in enterprise and media markets.

Marc Chaikin, Founder, Chaikin Analytics
After 40 years on Wall Street as a trader, broker, and analyst, Marc Chaikin founded Chaikin Analytics in 2009 to deliver proprietary stock analytics to professional money managers and investors. The centerpiece of Chaikin Analytics is the Chaikin Power Gauge, a 20-factor alpha model, back-tested on ten years of data and proven quite accurate at identifying a stock’s potential over the next 3-6 months.

Michael Cadden, CEO of LivingAbroad, LLC
Michael Cadden began in the Global Mobility profession with Craighead Publications in 1995. Soon after joining he became the driving force behind converting 1000s of pages of country-specific information from paper to online. With that success he later became a principle and Managing Director of Living Abroad LLC in 2002 and is behind its highly successful transformation, culminating with the acquisition of the legacy Craighead business in 2008.

Aneel Tejwaney, SVP Technology, SourceMedia
As SVP of Technology, Aneel Tejwaney manages strategic direction and hands on management of multiple technology initiatives, from digital operations of 30+ brands to internal technology applications and infrastructure operations. With over 15 years of deep technical expertise and business acumen, Aneel comes to Sourcemedia with significant management consulting experience with Accenture.  He has implemented several complex projects using custom and off the shelf applications, utilizing onshore and offshore resource mix. 

  • The power point slides of the presentation are available here.
  • The full recording of the webcast is available here.

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Drawing the Line: Customers as a Data Source

Russell Perkins, ICG

Post by: Russell Perkins, ICG

Your subscribers, often unknowingly, are trusting you with a lot of potentially sensitive and valuable information. It’s your duty to guard it carefully.

Depending on the markets and the job functions you serve, you may want to re-think if, say, your customer service people should be able to view a specific subscriber’s saved searches. And even something as innocuous as putting up a list of “most viewed companies this week” could inadvertently reveal too much if you operate in a tight vertical.

Read more here. ____________________________________________________________________________________________

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Google: An Unstable Platform

Russell Perkins, ICG

Post by: Russell Perkins, ICG

Google has evolved over the years, and consequently publishers need to evolve in their thinking towards Google. The term ”frenemy” was coined to summarize our confusion about how we should best interact with Google. The emerging reality seems to be that while Google can still bring benefit to all of us, it’s a mistake for any of us to depend on it.  

Read more here.

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LinkedIn: The B2B iTunes Store?

Post by: Russell Perkins, ICG

Although LinkedIn now benefits from lots of buzz and momentum, it needs to remain fresh in the eyes of users and give them a reason to interact with LinkedIn as frequently as possible, and to continue to deliver back some tangible value as well. LinkedIn thinks it can address all three of these requirements with content.

As Deep Nishar, the company’s SVP of Products and User Experience puts it:

“We believe LinkedIn can be the definitive professional publishing platform – where all professionals come to consume content and where publishers come to share their content.”

So is LinkedIn positioning itself to become sort of an iTunes for professional content?

Read more here.

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Cleaning Up by Cleaning Up

Post by: Russell Perkins, ICG

Russell Perkins, ICG

Selling publicly available SEC data consists as a challenge and an opportunity that exists in many public datasets today. Yup, get it free from the SEC, or buy it through Equilar. How does that work?

As data publishers well know, an approach like this usually doesn’t work, unless you find a way to add value. Equilar, a $20+ million data publisher managed to do this, in spades. Equilar deals in executive compensation benchmarking data, where making it comparable and getting the data right is the basis for an incredible business, and getting it wrong is the basis for going out of business. 

 Read more here.

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Summary of the Data Bootcamp for Publishers

 

Russell Perkins, ICG

During the Data Content Boot Camp, Russell Perkins, Founder & Managing Director at InfoCommerce Group, Inc. discussed how organizations can maximize data content opportunities through an understanding of data basics: What is Data? Why is Data important? Whether Data is important for your business? Where Data comes from? And which Organizations are suited to be in the Data Business?During the session, Russel Perkins provided a great introduction for anyone interested in data and how to build high-value data products. He also offerd insights on how organizations can turn data into content, how it impacts their publishing business, and how they can leverage data to create new products.

The full recording of the Data Content Bootcamp session is available here.

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