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Richard Hine

Mr. Richard Hine

Principal, Richard Hine

What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

GLG News by Mr. Richard Hine, Principal

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

Why "Traditional" Media Are Doomed

June 25, 2009

Microsoft's Steve Ballmer: Traditional media will not bounce back | www.guardian.co.uk

Microsoft's Steve Ballmer is the 2009 Media Person of the Year.  He says that traditional media can no longer succeed by replicating their print content online.  If you want to reach consumers online, "static content won't cut it."  That's why the old approaches are doomed to fail.

Will Online Readers Buy Into Steve's Brill-iant Idea?

June 25, 2009

Journalism Online: The Answer to the Paid-Content Question? | www.editorandpublisher.com

Steve Brill's new startup Journalism Online is promising newspaper publishers big money from online readers --  $110 million in two years for a newspaper with a print circulation of 1 million and an online audience of 20 million.  Will he succeed?  And if he does, will you be one of the few people willing to pay to read the story?

Can Newspapers Morph Into "Fearless Vampire Killers"?

June 24, 2009

WSJ publisher calls Google ‘digital vampire’ | www.crainsnewyork.com

The days of free newspaper content on the internet may be coming to an end... but only if consumers can be persuaded to pay.

WSJ.com Increases Traffic and Reinforces Roadblocks

July 4, 2008

WSJ.com Enjoying Significant Bump in Traffic...With Subs Intact | www.mediaweek.com

With unique users up 94% and total page views up only 45%, it's clear that wsj.com has found more ways to introduce non-subscribers to the frustrations of its site

Is it Too Late for Sam Zell to Save the Tribune Company?

July 4, 2008

L.A. Times Newsroom to Shrink by 150 Jobs | www.nytimes.com

Massive debt + no real plan + continued business decline = big trouble

Worst Quarter Ever for Newpapers in Print and Online

June 17, 2008

Newspapers' Print Ads Declined 14% in Record Drop | www.bloomberg.com

Newspapers are failing on both fronts.  They are in a severe print advertising recession.  And online sales are slowing -- up  a mere 7% vs. industry-wide growth of 24%.  Falling revenues make reducing debt at Tribune more difficult and put dividends at risk at McClatchy, Gatehouse and Lee.

Death by 500 Cuts

June 12, 2008

The L.A. Times's Human Wrecking Ball | www.washingtonpost.com

Amid falling ad revenues, is Sam Zell destroying the LA Times (and other Tribune papers) by cutting news pages, making newsroom decisions based on quantity not quality of reporting, facilitating the exits of his best staff and dumbing down his papers beyond recognition?

Free Advice for Sam Zell

March 31, 2008

Fixing Tribune, one employee at a time | blogs.reuters.com

Individual ideas from employees may help Tribune innovate in new and interesting ways.  But Sam Zell still needs to define a vision of what the company is -- and what it can be.

Under NewsCorp, WSJ Stumbles into 2008

March 31, 2008

Dow Jones sees growth in Asia, online | www.theaustralian.news.com.au

Despite its unique status -- and the backing of Rupert Murdoch -- The Wall Street Journal is not immune to the pressures facing the newspaper industry.

One in Four Ad Dollars Will be Spent in Alternative Media by 2012

March 31, 2008

Survey: Alternative Media Surges | www.adweek.com

Alternative media spending is growing rapidly despite the recession.  More important, because of the recession, most of this new spending will have to come from "traditional media."

Sam Zell: Business Genius or Boss From Hell?

March 17, 2008

Zell Invokes Viagra, F-Word Urging Creativity, Speed at Tribune | www.bloomberg.com

Cutting costs and calling the old bosses stupid won't be enough to turn the Tribune Company around.  If Sam Zell doesn't have answers for the company's problems, who does?

Recession Will Hit Newspapers Hardest

February 19, 2008

How Media Would Weather Recession | adage.com

2008 is already shaping up to be another tough year for newspapers.  Falling revenues have prompted big layoffs at New York Times and Tribune.  A recession only makes matters worse.

Tribune, Gannett, Hearst and The New York Times Join Forces to Create QuadrantOne

February 18, 2008

Traditional Media Companies Launch quadrantONE Ad Net | www.mediaweek.com

Four big newspaper players have created a new company to sell online advertising to national advertisers.  QuadrantOne will have dedicated inventory on 175 newspaper and TV web sites, reaching 50 million unique users in 27 of the top 30 markets.

Newspapers' Traditional Strengths Continue to Erode

February 14, 2008

Gannett Co., Inc. Releases December Statistical Report | www.tradingmarkets.com

Newspapers are facing more declines in readership and advertising.  Online gains are not making up the losses.  Costs are too high.  And continued cost-cutting makes newspapers less appealing for readers and advertisers.

What Caused Murdoch to Have a Change of Heart About Making WSJ.com Free?

January 28, 2008

WSJ.com to Retain Subscription Component | online.wsj.com

News Corp has decided to dismantle, not demolish, wsj.com’s paid subscription wall. Weakness at the print Journal may be the real reason for the change of plans. At $1 a year, Barron’s is also facing some serious “paid” subscription challenges.

Competition for Onine News Audience Comes from Both Sides of the Atlantic

January 22, 2008

UK media powerhouses take on the world | www.vnunet.com

Competition for the global English-language news audience is not based on geography: readers can flip easily between The New York Times or The Times of London, The Wall Street Journal or The FT, CNN or the BBC.  So far, the Brits are doing a better job of internationalizing their offering.

Murdoch Will Do More Than Shake Up Dow Jones Management. He’ll Shake Up The News and Business Category.

December 7, 2007

Murdoch Said to have Plan for Shake-Up at Dow Jones | www.nytimes.com

Rupert Murdoch is already making one thing clear: Under NewsCorp, the new Dow Jones will not look or operate like the old Dow Jones.  That will make life interesting for its own and many more media brands.

Can This Newspaper Be Saved? Reinventing the San Jose Mercury News

November 26, 2007

Slicing and Dicing a Newspaper | www.washingtonpost.com

All newspapers need to recognize and respond to the changing information needs of their geographic and demographic constituencies. If the Merc's transparent reinvention process succeeds, other newspapers will want to emulate it -- fast.

Giving Up WSJ.com Subscriber Revenue: The $63 Million Question

November 19, 2007

Murdoch's Free WSJ.com Could Hurt Parts of Dow | www.washingtonpost.com

While Dow Jones worries that a free wsj.com could hurt other parts of Dow Jones, Rupert Murdoch will be more interested in a free wsj.com hurting  Dow Jones’ competitors

Why A Time Inc Spin-Off Makes Sense

November 16, 2007

What a Time Inc. Spin-Off Might Look Like | www.foliomag.com

New leadership, plus freedom from “synergy” and “cross-divisional cooperation” will give Time Inc. an opportunity to figure out its future

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