Wednesday, October 7th, 2009
I’m keeping an eye on the UK Association of Online Publishers conference from afar today by following the #aop3c tag on Twitter. David Gilbertson, CEO of B2B publisher EMAP*, looks to be giving an incredibly insightful presentation, and journalists using Twitter show once again why the service is so useful. Joanna Geary of TimesOnline posted this very cogent comment from Gilbertson:
While news is urgent it may not be important and people pay for important.
Hard copy news businesses (print) will have to adapt to this, Gilbertson added, and he goes on to further refine the distinction he’s highlighting and its implications to the business of journalism. Matt Ball, MSN UK editor-in-chief, quotes Gilbertson as saying:
Intelligence prompts a decision, information doesn’t. You can charge for the former.
Geary fleshes the quote out a bit more: “David Gilbertson: B2B must deliver inteligence to help people do job, not info that people don’t know what to do with”.
UPDATE: David Worsfold clarified that he wasn ‘t quoting Gilbertson in the comments. It’s not clear whether Gilbertson said this or rather if it’s a bit of analysis from David Worsfold with Incisive Media, but I think it’s a makes a point worth highlighting. Worsfold either says or quotes Gilbertson on Twitter that these distinction between importance and urgency, between intelligence and information have “implications for news obssessed editorial teams”.
“Pure news” is not enough but remains critical, Gilbertson says. Pure news must be supplemented with data and analysis. He does draw a distinction between B2B and B2C publishing saying that intelligence is a critical driver in the B2B sector while consumption in the B2C sector is driven by many things that might include intelligence and perspective. However, when Gilbertson says that we can’t provide information that people don’t know what to do with, that is equally relevant to B2C as it is in pure business publishing.
Speaking as a news consumer rather than a journalist, I value information-rich news and context-rich analysis over incremental updates and uninformed commentary. I honestly believe, and my work bears this out, that consumers appreciate when you connect the dots and put information in a larger, more meaningful context. I’m not, and I doubt many average news consumers, are suffering from a lack of information, but I do know that many suffer from a lack of context.
The question for news organisations is how they develop products that deliver value and intelligence that consumers can act upon. These products can be essential new revenue streams for news organisations. As I wrote yesterday, news organisations need to put effort into developing these value-added products in tandem with conversations about charging for them. And yes, this will have implications for editorial teams. We must switch from merely chasing incremental developments to mining stories for meaning. In these tight times, we need to ask questions of how we can turn information that we’re already gathering into intelligence for our readers, and we need to develop unique, compelling products based on that intelligence that our audiences find valuable enough to pay for.
*Disclosure: The Guardian Media Group, parent company of the Guardian and my employer, owns a stake in EMAP.