Reach for Readly
Readly, the bundled news and mags digital subscription service, has added four Reach newspapers to its offer: The Daily Express, Daily Mirror, Sunday Express and Sunday Mirror. A bunch of consumer mags are also (re)joining it: Country Life, Horse & Hound, Wallpaper and Decanter.
There's a lot of skepticism out there about this style of product, which includes Apple News, but they certainly have the potential to grow revenue, as long as you have a viable additive strategy — “this is a way of getting revenue from people who wouldn't be regular readers” — that has built into it ways of making your core target audience direct subsribers: what can you offer them that isn't just the content in the app?
I suspect that these products could be a slow-burn success over time — but there won't be a lot of winners, if any.
Mmmm…Social Media Stats
Lots of lovely crunchy goodness in a new global social media snapshot. I'm not going to attempt to summarise it here; if you need to know this level of data, dive in.
However, I do want to highlight this chart:
There won't be an awful lot of surprises for most of you reading this about the top end, but the bottom of the chart might be unexpected. It's interesting how (relatively) small Twitter use is, isn't it? It's below Pinterest, and only just above Quora. But I bet most people have a Twitter strategy, but not one for the other two sites…
Google Tools for Journalists
Google has launched its journalist studio, which is basically a front end for a couple of interesting tools:
- The Common Knowledge Project — a (US-only) tool that builds charts from local data using the Data Commons, an open data project. Potentially very useful to local journalists. Let's hope they have something similar coming to the UK and other countries.
- Pinpoint — this is the really interesting one right now. It allows you to use advanced search techniques across libraries of documents and audio you upload into the tool. It's using AI-powered tech, as well as doing text recognition and audio transcription. As a way of extracting stories from big sets of files, this could be invaluable.
My next two courses
I'm terrible at selling my own work, which is not good for my ability to feed my children… So, here goes. Two courses, starting at the beginning of next month, one well-established, and one brand-spanking new. Please do check them out:
Want help building a membership scheme?
Looking to launch a membership model, but in need of advice and funding? Then I have good news for you: the Membership Puzzle Project has opened another round of the Membership in News Fund.
They are, in particular, looking for applications from these countries.
Nigeria, South Africa, Kenya, Zimbabwe, Mexico, Brazil, Argentina, Colombia, Georgia, Ukraine, Poland, India, and Myanmar. However, strong applications from other countries where MDIF works in Latin America, Africa, Asia, and Eastern Europe are also eligible.
I know there are people from some of those countries reading, so get applying, folks…
- ⌚️ Useful interview with the founder of Hodinkee, the niche site for watch enthusiasts.
- 👩🏻💻 Useful, but faintly depressing, analysis of what works if you want to make money on Medium: basically, produce a huge amount of content as easily as you can, and hope that the editors promote it.
- ☢️ The round-up of early (as in early 2010s) criticism of Facebook is just 👌🏼. Many of us were sounding warnings, but people just didn't take it seriously, until too late.
- 🤓 The Atlantic has had a great pandemic (if that isn't an oxymoron…), and this is a very readable account of it.
- 🍆 This seems like an unwise thing to do on a Zoom call… 🤦🏼♂️
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