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Road Map for Reinventing Local News Connecting Communities through New Technologies

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Title: Road Map for Reinventing Local News Connecting Communities through New Technologies


1
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Marriott Wardman Park, Washington DC
  • May 22, 2009
  • Adam Clayton Powell III
  • Vice Provost for Globalization
  • University of Southern California

2
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • The wisdom of spaghetti sauce
  • - Malcolm Gladwell

3
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • The wisdom of spaghetti sauce
  • - Ragu was dominant brand

4
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • The wisdom of spaghetti sauce
  • - Ragu was dominant brand
  • - Prego introduced multiple varieties

5
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • The wisdom of spaghetti sauce
  • - Ragu was dominant brand
  • - Prego introduced multiple varieties
  • (extra spicy, extra chunky, extra
    thick)
  • Each had a passionate following.
  • Own the niche. Own the audience.

6
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • The wisdom of spaghetti sauce
  • - Ragu was dominant brand
  • - Prego introduced multiple varieties
  • - extra spicy, extra chunky, extra
    thick
  • - minimal incremental cost

7
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • The wisdom of spaghetti sauce
  • - Ragu was dominant brand
  • - Prego introduced multiple varieties
  • - extra spicy, extra chunky, extra
    thick
  • - minimal incremental cost
  • - significant incremental revenue

8
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • The wisdom of spaghetti sauce
  • - Ragu was dominant brand
  • - Prego introduced multiple varieties
  • - extra spicy, extra chunky, extra
    thick
  • - minimal incremental cost
  • - significant incremental revenue
  • You can do the math

9
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension

10
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • - Works for spaghetti sauce

11
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • - Works for spaghetti sauce
  • - Works for paper towels

12
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • - Works for spaghetti sauce
  • - Works for paper towels
  • - Works for media

13
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • - Works for spaghetti sauce
  • - Works for paper towels
  • - Works for media
  • - Works for digital media

14
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • You have advantages as incumbent

15
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • You have an advantage as incumbent
  • - Build on existing brand

16
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • You have an advantage as incumbent
  • - Build on existing brand
  • - Build on promotional advantage

17
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • You have an advantage as incumbent
  • - Build on existing audience
  • - Build on promotional advantage
  • - Best promotion is your air
  • 32 of online listeners
  • discover their online
    stations
  • from on-air station
    mentions
  • - Pierre Bouvard,
    EVP, Arbitron

18
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • You have an advantage as incumbent
  • - Build on existing audience
  • - Build on promotional advantage
  • - Best promotion is your air
  • - You have video!

19
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • - Podcasts, Mobile media, Phones

20
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • - Podcasts, Mobile media
  • - Facebook, social media
  • (Pages, post links)

21
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • - Podcasts, Mobile media
  • - Facebook, social media
  • FB 276m unique users, 2x Google

22
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • - Podcasts, Mobile media
  • - Facebook, social media
  • - Daily Me
  • (audience has control of time)

23
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • - Podcasts, Mobile media
  • - Facebook, social media
  • - Daily Me - Daily Us
  • (audience - more time with you)

24
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • - Washington, DC
  • - Salt Lake City, UT

25
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville radio
  • WTOP 1500 AM traditional news audience

26
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville all-news radio
  • WTOP 1500 AM traditional news audience
  • WTOP-FM new, younger audience

27
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • WTOP 1500 AM traditional news audience
  • WTOP-FM new, younger audience
  • wtop.com new, younger audience
  • (same programming)

28
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • What happened next?

29
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • - WTOP 1500 AM Gone (more later)

30
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • - WTOP 1500 AM Gone
  • - WTOP 103.5 FM 1 station in DC

31
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • - WTOP 1500 AM Gone
  • - WTOP 103.5 FM 1 station in DC
  • - wtop.com packages w WTOP-FM

32
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • Wait, theres more

33
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • - federalnewsradio.com
  • (presold, profitable at launch)

34
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • - federalnewsradio.com
  • - WFED 1050 AM
  • (and sports at night, weekends)

35
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • - federalnewsradio.com
  • - WFED 1050 AM becomes

36
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study Bonneville Radio
  • - federalnewsradio.com
  • - WFED 1050 AM becomes
  • - WFED 1500 AM
  • 76,800 cume, 66 GS-11

37
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study WCBS-TV, New York
  • - Home page wcbstv.com/

38
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study WCBS-TV, New York
  • - WCBS-TV Mortgage broker
  • wcbstv.com/advhawthornemortgages

39
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study WCBS-TV, New York
  • - WCBS-TV Mortgage broker
  • - WCBS-TV Car Shopper
  • www.dealernet.com/Partner/33904-10000/

40
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study WCBS-TV, New York
  • - WCBS-TV Mortgage broker
  • - WCBS-TV Car Shopper
  • - WCBS-TV Obituaries
  • wcbs.tributes.com

41
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study WCBS-TV, New York
  • - WCBS-TV Mortgage broker
  • - WCBS-TV Car Shopper
  • - WCBS-TV Obituaries

42
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study WCBS-TV, New York
  • - WCBS-TV Mortgage broker
  • - WCBS-TV Real Estate

43
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study WCBS-TV, New York
  • - WCBS-TV Mortgage broker
  • - WCBS-TV Real Estate
  • - Free to users, GUI
  • (compete with Craigslist)

44
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Case study WCBS-TV, New York
  • - WCBS-TV Mortgage broker
  • - WCBS-TV Real Estate
  • - Free to users, GUI
  • - Revenue from transactions

45
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Whats in your hand?

46
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Whats in your hand?
  • - Industry, education, government

47
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Whats in your hand?
  • - Industry, education, government
  • - Destination, recreation, military

48
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Whats in your hand?
  • - Industry, education, government
  • - Destination, recreation, military
  • - Microlocal

49
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Whats in your hand?
  • - Microlocal

50
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Whats in your hand?
  • - Ann Arbor, MI (no newspaper)
  • - Quincy, IL
  • - Microlocal

51
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Whats in your hand?
  • - Spaghetti sauce
  • - Paper towels
  • - Local media

52
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Brand extension
  • Whats in your hand?
  • - Free slides
  • - Free contact data
  • - Free book

53
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Marriott Wardman Park, Washington DC
  • May 22, 2009
  • Adam Clayton Powell III
  • Vice Provost for Globalization
  • University of Southern California

54
Road Map for Reinventing Local NewsConnecting
Communities through New Technologies
  • Marriott Wardman Park, Washington DC
  • May 22, 2009
  • Adam Clayton Powell III
  • acpowell_at_usc.edu
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