Wednesday, May 06, 2009

Technology Review: Blogs: Jason Pontin's blog: How to Save Media

Read this:
Technology Review: Blogs: Jason Pontin's blog: How to Save Media
"But so long as subscription and advertising revenues grew, the system did work. In turn, the business of publishing supported the profession of journalism, which was, when all is said and done, a useful thing. In open societies, magazines and newspapers were the most important exchanges in the free marketplace of ideas. Publications informed, instructed, diverted, and delighted.

But the Internet taught readers they might read stories whenever they liked without charge, and it offered companies more-efficient ways to advertise. Both parties spent less. As a consequence, today the business of media is sickly.

In recent months, the news about magazines and newspapers, distressing for many years, has become alarming. During the first quarter of 2009, the advertising revenues of newspapers declined, on average, 30 percent; in the last six months of 2008 (the most recent period for which we have reliable numbers), subscriptions fell by 7 percent. The number of ad pages in consumer magazines shrunk by 26 percent in the first quarter of the year; and while magazine circulations are not declining as rapidly as those of newspapers, it is becoming more and more expensive to maintain their rate bases (the circulation numbers from which publishers derive advertising rates), and with fewer advertisers willing to pay to reach those readers, a less and less rational investment"

And then This one:

An Interview with Hugh McLeod.

"2. A lot of artists and creative types see marketing as an evil necessity - or just plain evil. What would you say to them?

“Artists cannot market” is complete crap. Warhol was GREAT at marketing. As was Picasso and countless other “Blue Chips”. Of course, they’d often take the “anti-marketing” stance as a form of marketing themselves. And their patrons lapped it up.

The way artists market themselves is by having a great story, by having a “Myth”. Telling anecdotal stories about Warhol, Pollack, Basquiat, Van Gogh is both (A) fun and (B) has a mythical dimension… if they didn’t, they wouldn’t have had movies made about them. The art feeds the myth. The myth feeds the art.

The worst thing an artist can do is see marketing as “The Other”, i.e. something outside of themselves. It’s not."

Noted from APhotoEditor.

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