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	<title>Paul Wallbank &#187; old media</title>
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	<link>http://paulwallbank.com</link>
	<description>Decoding the new economy</description>
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		<title>Book review: The Information Diet</title>
		<link>http://paulwallbank.com/2012/01/25/book-review-the-information-diet/</link>
		<comments>http://paulwallbank.com/2012/01/25/book-review-the-information-diet/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 22:19:25 +0000</pubDate>
		<dc:creator>Paul Wallbank</dc:creator>
				<category><![CDATA[book reviews]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[new media]]></category>
		<category><![CDATA[old media]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[society]]></category>
		<category><![CDATA[information]]></category>
		<category><![CDATA[internet]]></category>
		<category><![CDATA[media]]></category>
		<category><![CDATA[press]]></category>
		<category><![CDATA[social media]]></category>

		<guid isPermaLink="false">http://paulwallbank.com/?p=3319</guid>
		<description><![CDATA[Clay A. Johnson describes how to manage information overload]]></description>
			<content:encoded><![CDATA[<p><a href="http://paulwallbank.com/2012/01/25/book-review-the-information-diet/information_diet_review/" rel="attachment wp-att-3321"><img class="size-medium wp-image-3321 alignleft" style="margin: 10px;" title="The Information Diet by Clay A. Johnson" src="http://paulwallbank.com/wp-content/uploads/2012/01/information_diet_review-100x150.gif" alt="How do we deal with our information overload" width="100" height="150" /></a>We all know a diet of fast food can cause obesity, but can consuming junk information damage our mental fitness and critical faculties?</p>
<p>In <a title="the infomation diet by clay a. johnson" href="http://shop.oreilly.com/product/0636920019978.do" target="_blank">The Information Diet</a>, Clay A. Johnson builds the case for being more selective in what we read, watch and listen to. In it, Clay describes how we have reached the stage of intellectual obesity, what constitutes a poor diet and suggests strategies to improve the quality of the information we consume.</p>
<p>The Information Diet is based upon a simple premise, that just as balanced food diet is important for physical health so too is a diverse intake of news and information necessary for a healthy understanding of the world.</p>
<p>Clay A. Johnson came to this view after seeing a protestor holding up a placard reading “Keep your government hands off my Medicare.” Could an unbalanced information diet cause a kind of intellectual obesity that warps otherwise intelligent peoples’ perspectives?</p>
<p>The analogy is well explored by Clay as he looks at how we can go about creating a form of “infoveganism” that favours selecting information that comes as close from the source as possible</p>
<p>Just as fast food replaces fibre and nutrients with fat, sugars and salt to appeal to our tastes, media organisations process information to appeal to our own perceived biases and beliefs.</p>
<p>Clay doesn’t just accuse the right wing of politics in this – he is as scathing of those who consider the DailyKos, Huffington Post or Keith Olbermann as their primary sources as those who do likewise with Fox News or Bill O’Reilly.</p>
<p>The rise of opinion driven media – something that pre-dates the web – has been because the industrial production of processed information is quicker and more profitable that the higher cost, slower alternatives; which is the same reason for the rise of the fast food industry.</p>
<p>For society, this has meant our political discourse has become flabbier as voters base decisions and opinions upon information that has had the facts and reality processed out of it in an attempt to attract eyeballs and paying advertisers.</p>
<p>In many ways, Clay has identified the fundamental problem facing mass media today; as the advertising driven model requires viewers’ and readers’ attention, producers and editors are forced to become more sensationalist and selective. This in turn is damaging the credibility of these outlets.</p>
<p>Unspoken in Clay’s book is the challenge for traditional media –their processing of information has long since stopped adding value and now strips out the useful data, at best dumbing down the news into a “he said, she said” argument and at worse deliberately distorting events to attract an audience.</p>
<p>While traditional media is suffering from its own “filter failure”, the new media information empires of Google, Facebook, Apple and Amazon are developing even stronger feedback loops as our own friends on social media filter the news rather than a newsroom editor or producer.</p>
<p>As our primary sources of information have become more filtered and processed, societal and political structures have themselves become flabby and obese. Clay describes how the skills required to be elected in such a system almost certainly exclude those best suited to lead a diverse democracy and economy.</p>
<p>Clay’s strategies for improving the quality of the information we consume are basic, obvious and clever. The book is a valuable look at how we can equip ourselves to deal with the flood of data we call have to deal with every day.</p>
<p>Probably the most important message from The Information Diet is that we need to identify our biases, challenge our beliefs and look outside the boxes we’ve chosen for ourselves. Doing that will help us deal with the opportunities of the 21<sup>st</sup> Century.</p>
<p><em>Clay A. Johnson&#8217;s <a title="the information diet published by o'reilly" href="http://shop.oreilly.com/product/0636920019978.do" target="_blank">The Information Diet is published by O&#8217;Reilly</a>. A complimentary copy was provided as part of the publisher&#8217;s blogger review program.</em></p>
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		<title>Successful Sources Will Not Be Paid</title>
		<link>http://paulwallbank.com/2012/01/21/successful-sources-will-not-be-paid/</link>
		<comments>http://paulwallbank.com/2012/01/21/successful-sources-will-not-be-paid/#comments</comments>
		<pubDate>Sat, 21 Jan 2012 00:35:31 +0000</pubDate>
		<dc:creator>Paul Wallbank</dc:creator>
				<category><![CDATA[business advice]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[new media]]></category>
		<category><![CDATA[old media]]></category>
		<category><![CDATA[rants]]></category>
		<category><![CDATA[society]]></category>
		<category><![CDATA[freebies]]></category>
		<category><![CDATA[journalism]]></category>
		<category><![CDATA[media]]></category>

		<guid isPermaLink="false">http://paulwallbank.com/?p=3300</guid>
		<description><![CDATA[The free myth is biting us in many ways]]></description>
			<content:encoded><![CDATA[<p>The whole world wants a freebie, and many of us are giving our ideas, intellectual capital and service away to online magazines in the hope of getting a link or a little bit of publicity.</p>
<p>Bringing the idea undone is the unfortunate reality that web is awash with free pointless material that adds little value. Your contribution, however valuable, gets lost in the static of PR driven articles and SEO optimised fluff.</p>
<p>This is why Google are trying to tie social recommendations into their search results, although it&#8217;s hard to see how your cousin&#8217;s LOLCat posts are going to add any more value than the generic garbage served from services like eHow.</p>
<p>Yet every day there&#8217;s more callouts for  free content – desperate journalists and publishers beg for our ideas or labor in return for some &#8216;exposure&#8217;.</p>
<p>And that &#8216;exposure&#8217; floats away into the ocean of noise and irrelevance filled with the rest of the &#8216;free&#8217; content.</p>
<p>Giving stuff away for free isn&#8217;t working well anymore and for those of us who are trying to build a business around that model, we&#8217;re struggling to get found or heard in the morass.</p>
<p>Along with the wasted time, the danger is we start giving away our best, most valuable work in order to get attention and then we have nothing left to sell.</p>
<p>Consumers are waking up to this and beginning to focus about what they read online. We should too.</p>
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		<title>the new gatekeepers</title>
		<link>http://paulwallbank.com/2010/11/22/the-new-gatekeepers/</link>
		<comments>http://paulwallbank.com/2010/11/22/the-new-gatekeepers/#comments</comments>
		<pubDate>Mon, 22 Nov 2010 08:18:27 +0000</pubDate>
		<dc:creator>Paul Wallbank</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[new media]]></category>
		<category><![CDATA[old media]]></category>
		<category><![CDATA[data]]></category>
		<category><![CDATA[internet]]></category>
		<category><![CDATA[privacy]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[web]]></category>

		<guid isPermaLink="false">http://paulwallbank.com/?p=1691</guid>
		<description><![CDATA[Are four powerful online empires developing?]]></description>
			<content:encoded><![CDATA[<p>As the net matures, are we seeing a new phalanx of gatekeepers gathering to complement the old ones?</p>
<p>We&#8217;re seeing four companies striving to control great parts of the Internet economy; Google in the search market, Facebook for social media, Amazon in e-commerce and Apple in mobility.</p>
<p>Of the four, Apple seems to be the furthest along this path as the iTunes store coupled with the market take up of iPad, iPhone and iPod combination <a title="mary meeker slide on apple's market position" href="http://www.businessinsider.com/mary-meekers-web-2010-11#-8" target="_blank">are beginning to dominate the mobile device segment of the Internet</a>.</p>
<p>This is illustrated by two stories in recent days; the first is News Corporation&#8217;s deal to <a title="Guardian on Apple &amp; News Corporations iPad deal" href="http://www.guardian.co.uk/technology/2010/nov/21/ipad-newspaper-steve-jobs-rupert-murdoch" target="_blank">develop a dedicated iPad &#8220;newspaper&#8221;</a> and the other Robert Scoble&#8217;s description of how Application developers are <a title="robert scoble on how apple iphone apps are talking off" href="http://scobleizer.com/2010/11/20/is-the-tech-press-needed-anymore-how-apple-iphone-apps-take-off-now/" target="_blank">increasingly focused on the Apple platform</a>.</p>
<p>The telling part of Scoble&#8217;s story is where he speculates how the tech media could be being rendered irrelevant by Apple&#8217;s control of the iTunes store, he goes on to say;</p>
<p style="padding-left: 30px;"><em>&#8220;Do app developers need the press anymore?</em></p>
<p style="padding-left: 30px;"><em>They tell me yes, but not for the reason you might think.</em></p>
<p style="padding-left: 30px;"><em> What’s the reason? Well, they suspect that Apple’s team is watching the press for which apps get discussed and hyped up.&#8221;</em></p>
<p>Scoble&#8217;s article is interesting how Apple&#8217;s dominance of the distribution chain allows them to bypass other media channels; why go to Facebook or Google, let alone your local newpaper to find out what the hottest new apps are?</p>
<p>Even more fascinating is how Apple&#8217;s control of its distribution channels ties in with its dominant hardware platform, this is the online equivalent to one company owning the paper mill, the presses, the trucks and the news stands then forcing every magazine and newspaper publisher to work them.</p>
<p>It&#8217;s instructive that despite the real risk that Apple could end dictating all terms to those who rely on iTunes as their publishing platform, newspaper publishers are locking themselves onto this world. This is despite the publishers spending the last two decades shoring up profitability by reducing margins to their news sellers and delivery agents.</p>
<p>Despite these risks, News Corporation isn&#8217;t holding back after Rupert Murdoch <a title="rupert murdoch declares love for the ipad" href="http://www.businessweek.com/innovate/next/archives/2010/06/rupert_murdoch_opens_new_york_forum_declares_love_for_ipad.html" target="_blank">described the iPad as &#8220;a fantastic invention&#8221;</a>, across the empire various outlets are promoting their iPad applications, including the <a title="New York Post iPad app" href="http://www.nypost.com/mobile/?app=ipad" target="_blank">New York Post</a>, <a title="london sun ipad app" href="http://www.thesun.co.uk/sol/homepage/news/3225274/The-Sun-releases-update-of-its-No1-iPad-app.html" target="_blank">London Sun</a> and the <a title="daily telegraph ipad app" href="http://www.dailytelegraph.com.au/ipad" target="_blank">Sydney Daily Telegraph</a>.</p>
<p>It will be very interesting to see how this alliance between an old and a new media empire will turn out.</p>
<p>Meanwhile the new empires are jostling each other where they meet, Google&#8217;s latest spat with Facebook over data is just one of many skirmishes and we can expect to see many more as the big four explore the boundaries of their businesses.</p>
<p>The real question for us is how do we see ourselves working with these empires. Will we reject them, or will we accept that doing business with Facebook, Google, Apple and Amazon is the easiest way of getting on with our online lives?</p>
<p>If it&#8217;s the latter then we&#8217;ll have seen the old gatekeepers of the media, retail and communications simply replaced by new, bigger toll collectors.</p>
]]></content:encoded>
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		<title>the price on our heads</title>
		<link>http://paulwallbank.com/2010/11/20/the-price-on-our-heads/</link>
		<comments>http://paulwallbank.com/2010/11/20/the-price-on-our-heads/#comments</comments>
		<pubDate>Sat, 20 Nov 2010 06:22:38 +0000</pubDate>
		<dc:creator>Paul Wallbank</dc:creator>
				<category><![CDATA[consumer]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[new media]]></category>
		<category><![CDATA[old media]]></category>
		<category><![CDATA[social media]]></category>

		<guid isPermaLink="false">http://paulwallbank.com/?p=1665</guid>
		<description><![CDATA[Are we selling our privacy too cheaply?]]></description>
			<content:encoded><![CDATA[<p>Over 500 million people have signed up on Facebook, trading their privacy for the ability to connect with friends and online communities. In turn, Facebook has built that massive group of people into an asset <a title="reuters on why facebook is worth ten twitters" href="http://blogs.reuters.com/mediafile/2010/11/18/why-is-facebook-worth-ten-twitters/" target="_blank">worth an estimated $41 billion dollars</a>. But does it rely on us selling our privacy too cheaply?</p>
<p>A common factor in many of our communication channels in the last fifty years has been how we, as a group, have been prepared to trade something personal in return for a cheap service.</p>
<p>Broadcast media&#8217;s model offers us free or – in the case of newspapers, magazines and Pay TV – subsidised news, sport and entertainment in return for shrill or intrusive commercials that usually wastes our time.</p>
<p>Similarly with social media tools, in return for a free and easy way to find friends and relatives, we trade our privacy for targeted online advertising which can be so precise <a title="a facebook ad designed for my wife" href="http://www.gabrielweinberg.com/blog/2010/05/a-fb-ad-targeted-at-one-person-my-wife.html" target="_blank">a commercial can be designed just for one individual</a>.</p>
<p>The social media advertising model is on many levels a great idea, it cuts out irrelevant messages to the consumer and for the advertiser it&#8217;s more effective than the &#8220;throw it against the wall and see what sticks&#8221; methods of the broadcast advertising world.</p>
<p>A weakness in social media advertising in that it relies on users being prepared to trade away their privacy. Until now, all of us have been fairly relaxed about this despite the evidence mounting that giving away all our privacy and access to our networks often has costs to our reputations and friendships.</p>
<p>That cost can be great,  with the worst case seeing people lose jobs, friendships or even their liberty for something that they, or one of their friends, thought was quite innocent.</p>
<p>Under the old trade off, we could turn off the TV or not buy a magazine if we found the advertising too distracting or offensive. With new media we can&#8217;t recover our privacy once it&#8217;s been given away.</p>
<p>As we begin to understand the nature of our connected society and the values of our online reputations, we&#8217;ll expect a better price for our privacy. The challenge for platforms like Facebook and other social media tools over the next  few years will be to convince us that these trade offs and potential risks  are worthwhile for the benefits they offer.</p>
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		<title>Eight online tips for franchising</title>
		<link>http://paulwallbank.com/2010/10/20/8online-tips-for-franchising/</link>
		<comments>http://paulwallbank.com/2010/10/20/8online-tips-for-franchising/#comments</comments>
		<pubDate>Tue, 19 Oct 2010 18:43:38 +0000</pubDate>
		<dc:creator>Paul Wallbank</dc:creator>
				<category><![CDATA[business advice]]></category>
		<category><![CDATA[new media]]></category>
		<category><![CDATA[old media]]></category>
		<category><![CDATA[Radio shows]]></category>

		<guid isPermaLink="false">http://paulwallbank.com/?p=1468</guid>
		<description><![CDATA[Is your franchise network part of the online economy, or becoming a relic of the past?]]></description>
			<content:encoded><![CDATA[<p>The world wide reach of the web has always been a problem for territory based franchises. As a consequence, many franchise networks have a token web presence which they use mainly as a recruitment tool for new franchisees.</p>
<p>An aversion to the web presents a difficulty for these franchisees as most customers are now online. By not actively using the net, those locally based franchise chains are finding themselves at a disadvantage to their non-franchised competitors.</p>
<p>The franchising industry’s problem was illustrated last week by Ben who called into to my <a href="http://www.abc.net.au/nightlife" target="_blank">ABC radio spot last week on Internet business trends</a> to ask about how a territory based lawn mowing franchisee can use the web.</p>
<p>Ben’s question raised some important points that franchise holders — and anyone considering entering a franchise — should check to make sure that business is competing in today’s marketplace.</p>
<p><strong>Does the franchise have an individual page for each territory?</strong></p>
<p>Each franchise area should it’s own page within the chain’s site. While the contact details can redirect back to the central phone or form, the territory page should include some local testimonials and few other localised features.</p>
<p><strong>Is the home page regularly updated?</strong></p>
<p>A static index page that rarely changes isn’t attractive to search engines or customers. A vibrant business should be updating their page regularly. This is particularly true if there is a substantial network of franchisees.</p>
<p><strong>How does the site rank?</strong></p>
<p>When searching for the product or service the franchise sells, how high does the franchise’s page come up. If it doesn’t appear in the first page, then the franchise isn’t working.</p>
<p><strong>Does local search work?</strong></p>
<p>Type in a search for the franchise’s product and an established territory such as “lawn mowing Footscray”. If the Footscray franchise doesn’t appear in the local listings then the franchisor hasn’t listed their sites in the local search listings.</p>
<p><strong>What does the site sell?</strong></p>
<p>In researching this article, I found the biggest franchised lawn mowing chain appears in paid ads for “buy a lawn mowing franchise” but not for a actual lawn mowing. A site or digital strategy designed to sell franchises is good for the franchisor but doesn’t do much for the franchisee looking for customers.</p>
<p><strong>Is the franchise engaging with social media? </strong></p>
<p>Whether you trust social media or not, the market is talking about you on forums, blogs, Facebook, Twitter and other channels. A great example of this was Oporto last weekend. A franchise needs to be engaging with customers, critics and fans.</p>
<p><strong>Where are the franchisees?</strong></p>
<p>Are the franchisees listing themselves? This is always a worrying sign that a franchise isn’t controlling its marketing properly. On the other hand, if their personal profiles aren’t appearing on sites like LinkedIn, it can indicate too tight a control on franchises.</p>
<p><strong>What is their media strategy?</strong></p>
<p>The whole point of buying a franchise is to have a ready made brand and marketing strategy. If a franchise is locked into a print mindset with only at best a token online presence then they aren’t going where the customers are. Have a look at the online versus print effort before signing up.</p>
<p>Many franchisors are playing by 1990s rules. Which was great for the last twenty years, but the old models are evolved as customers and potential franchisees have changed the way they shop and do business.</p>
<p>The web and social media are more than just a passing fad or a blunt advertising and marketing tool. They are a key part of your business identity and are being used by suppliers, recruiters, job seekers and commercial partners to figure out whether you are worth doing business with.</p>
<p>A franchise that doesn’t use today’s media tools is stuck in yesterday’s market.</p>
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		<title>X Media Lab: Global Media Ideas</title>
		<link>http://paulwallbank.com/2010/06/22/x-media-lab-global-media-ideas/</link>
		<comments>http://paulwallbank.com/2010/06/22/x-media-lab-global-media-ideas/#comments</comments>
		<pubDate>Mon, 21 Jun 2010 15:17:52 +0000</pubDate>
		<dc:creator>Paul Wallbank</dc:creator>
				<category><![CDATA[future]]></category>
		<category><![CDATA[media]]></category>
		<category><![CDATA[new media]]></category>
		<category><![CDATA[old media]]></category>

		<guid isPermaLink="false">http://paulwallbank.com/?p=916</guid>
		<description><![CDATA[How are the creative and media industries adapting to a changing world?]]></description>
			<content:encoded><![CDATA[<p>As part of the <a title="Vivid Sydney festival" href="http://vividsydney.com/" target="_blank">Vivid Festival</a>, X Media Lab returned to Sydney in June 2010 to look at how the creative and media industries are adapting to a changing world where societies very different to the existing dominant cultures are rising and asserting their place in the global economy.</p>
<p><a title="X Media Labs Global Media Ideas Sydney 2010" href="http://www.xmedialab.com/event/2010/sydney/xmedialab-global-media-ideas" target="_blank">X Media Lab&#8217;s Global Media Ideas </a>conference day was billed as exploring <em><strong>&#8220;cultural and commercial content in a global world; creative ideas and innovation in media and technology; international media business opportunities; new media and new  geographies; and new platforms, applications, and  content.&#8221;</strong> </em>It didn&#8217;t disappoint.</p>
<p>The great thing about X Media Labs is how it brings disparate ideas together and exposes the audience to worldwide trends and developments. The June 2010 Sydney X Media Lab was no exception with a great range of diverse speakers. Here&#8217;s a brief rundown of their themes, more comprehensive coverage can be found at <a title="lagrange point" href="http://www.lagrangepoint.typepad.com/" target="_blank">Brad Howarth&#8217;s Lagrange Point blog</a>;</p>
<p><strong>Ralph Simon<br />
</strong>Dubbed &#8220;the father of the ring tone&#8221;, <a title="Ralph Simon Mobilium profile" href="http://www.mobilium.com/aboutRalphSimon.html" target="_blank">Ralph Simon</a> took us on a tour of innovation that started with the Sex Pistols, through applications like <a title="is your business dying? how red lazer is changing the retail industry" href="http://paulwallbank.com/2010/03/30/is-your-business-dying/" target="_blank">Red Lazer</a> and sites like <a title="tunewiki" href="http://tunewiki.com">TuneWiki</a>, which uses <a title="the crowdsourcing revolution" href="http://paulwallbank.com/2010/06/01/the-crowdsourcing-revolution/" target="_blank">crowdsourcing</a> to translate music lyrics, to end with mHealth applications where diabetic children use their mobile phone games to test their blood sugar levels. A broad and exciting view of where the mobile Internet and gaming platforms are going.</p>
<p><strong>Dana Al Salem</strong><br />
The founder of <a title="fanshake" href="http://www.fanshake.com" target="_blank">Fanshake</a>, Dana showed us how her site is used to connect bands with their fans. Her view is that today&#8217;s Gen Ys are just like their hippy grandparents except today&#8217;s groovers are wealthier have more technology. An interesting take on &#8220;<em>the more things change, the more they stay the same</em>&#8220;.</p>
<p><strong>Gotham Chopra</strong><br />
Gotham described his journey of setting up <a title="Liquid comics" href="http://www.liquidcomics.com/" target="_blank">superhero cartoons for young Indians</a> and intertwined it with a story of his travels through Pakistan as a journalist. His hope is to replace the influence people like Osama Bin Laden have on the youth of South Asia with more positive role models.</p>
<p><strong>Parmesh Shahani</strong><br />
The divide between the richer cities and poorer rural areas in developing nations is often just characterised as a migration story as millions of poor agricultural workers migrate to the cities. <a title="parmesh shahani" href="http://parmesh.net/" target="_blank">Parmesh</a> gave us a broader perspective on what is happening in India including some fascinating case studies of how comparatively older technologies such as satellite TV and SMS mobile messaging are changing rural India.</p>
<p><strong>Joy Mountford</strong><br />
Among the geeks and developers, Joy was probably the most anticipated of the speakers <a title="Joy Mountford" href="http://www.xmedialab.com/mentor/joy-mountford" target="_blank">having being a designer with Apple</a> and vice president of design innovation at Yahoo! Joy showed us how designers are moving from the &#8220;look&#8221; of computer programs to &#8220;feel&#8221;. She also showed us how crowdsourcing has worked for other projects including the fantastic <a title="Johnny cash project" href="http://www.thejohnnycashproject.com/">Johnny Cash Project</a> which reworks his Ain&#8217;t No Grave into a group video.</p>
<p><strong>Wayne Borg</strong><br />
The Chief Operating Officer of <a title="twofour54" href="http://www.twofour54.com/en" target="_blank">twofour54</a>, a content creation hub  in Abu Dhabi, Wayne took us through the opportunities of 340 million Arabic Speakers  covering diverse cultures and where 200 million are under the age of 25. His presentation showed us much of the development plans of the United Arab Emirates and how the kingdoms are seeking to be the Arab world&#8217;s creative centre.</p>
<p><strong>Nick Yang</strong><br />
The entrepreneur label is often too easily given away, but no-one could begrudge Nick Yang, founder of KongZhong, ChinaRen.com and  Wukong.com for using the title. Nick walked us through his journey of being a young student of Stanford, his return to China and both his and China&#8217;s growth over the last decade. He also showed us how his latest venture, <a title="Wukong search engine" href="http://wukong.com" target="_blank">Wukong.com,</a> aims to change how search engines work.</p>
<p><strong>Rob Mason and Scott Halcom</strong><br />
Local flavour was provided by Rob  Manson from Sydney&#8217;s <a title="MOB" href="http://mob-labs.com/index.html" target="_blank">MOB Innovation Lab</a> and Scott Halcomb from from <a title="SystemK" href="http://www.systemk.co.jp/" target="_blank">SystemK</a> in Japan, who walked us through the worlds of <a title="augmented reality" href="http://en.wikipedia.org/wiki/Augmented_reality" target="_blank">augmented reality</a>. Rob concluded their joint presentation with the view that object recognition is going to change the way we see the world.</p>
<p><strong>Haidong Pan<br />
</strong>Like Nick Yang, Haidong is the founder of a Chinese Internet service, this time <a title="Hudong " href="http://hudong.com" target="_blank">Hudong.com</a> which is a &#8220;knowledge media&#8221; run along the lines of wikipedia that acts as a news and fact service. His presentation on how social knowledge changes the world was thought provoking in how societies are reclaiming their culture and history back from mass media.</p>
<p><strong>Anand</strong> <strong>Giridharadas</strong><br />
Technology  Columnist with The New York Times and International Herald Tribune, Anand challenged us to think about the ethics of the digital world and how foreign cultures are now beginning to colonise the dominant anglo-US culture. Personally I struggled with some of Ananda points as <a title="the company you keep" href="http://paulwallbank.com/2010/03/01/the-company-you-keep/" target="_blank">our online ethics should be no different to our off line standards</a> and the US domination of global media stems from it being the richest nation, as other countries catch up with US living standards their cultures will reassert themselves.</p>
<p><strong>John Penny<br />
</strong>Like Anand, John forced the audience to think; he invited us to consider the problem of the television producer where audience fragmentation has meant we&#8217;re approaching the point where the only profitable TV productions will be reality shows and advertorials. John as an Executive Vice President of <a title="Starz Entertainment" href="http://starz.com" target="_blank">Starz Entertainment</a> was well placed to walk us through this dilemma. John finished with a call to consider how dis-intermediation will help rebuild the fortunes of those who want to provide well written screen productions.</p>
<p><strong>Amin  Zoufonoun</strong><br />
As corporate development manager at Google, Amin was probably almost as highly anticipated as Joy Mountford had been earlier. Unfortunately his speech on the development of technologies from the Internet&#8217;s &#8220;Big Bang&#8221; fell flat, largely because the audience know this topic. The talk probably would have worked better with an audience of financiers or CEOs who don&#8217;t live this topic the way the X Media Lab audience do.</p>
<p><strong>Robert Tercek</strong><br />
To finish a long, stimulating and challenging day <a title="Robert Tercek" href="http://roberttercek.com/" target="_blank">Robert  Tercek</a> walked us through why great minds like Lord Kelvin, Edison and Einstein had missed emerging technologies in their times and how we can avoid it. Robert sees great opportunities for innovators as successful, large companies entering new markets don&#8217;t know more than anyone else and in many  cases are blind to the potential of these sectors.</p>
<p>Overall, X Media Labs was another stimulating and fascinating day. The entrepreneurs and artists who had the opportunity to be mentored over the next two days by the speakers were very lucky to be exposed to this sort of talent.</p>
<p>The key message from this X Media Labs came from Parmesh Shahani when he said &#8220;don&#8217;t just look at India as a market, look at it  as a source of innovation and inspiration&#8221;. We shouldn&#8217;t be just looking for the obvious, easy markets but watching the bigger trends that are developing around us.</p>
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		<title>The elephant in the room; why online publishing is very sick</title>
		<link>http://paulwallbank.com/2010/03/09/the-elephant-in-the-room-why-online-publishing-is-very-sick/</link>
		<comments>http://paulwallbank.com/2010/03/09/the-elephant-in-the-room-why-online-publishing-is-very-sick/#comments</comments>
		<pubDate>Mon, 08 Mar 2010 13:06:17 +0000</pubDate>
		<dc:creator>Paul Wallbank</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[media]]></category>
		<category><![CDATA[new media]]></category>
		<category><![CDATA[old media]]></category>

		<guid isPermaLink="false">http://paulwallbank.com/?p=722</guid>
		<description><![CDATA[Depending on cheap or free labour is a doomed business model and this is a problem for online publishers]]></description>
			<content:encoded><![CDATA[<p>Media 140&#8242;s Sydney meetup last week <a title="the future of journalism" href="http://paulwallbank.com/2010/03/07/the-future-of-journalism/">attempted to discuss the future of journalism</a>. While it wasn&#8217;t really successful, it did expose the fundamental flaw in the online publishing model and the other crowdsourcing business ideas that rely on cheap or free labour.</p>
<p>All three panellists agreed that as publishers “<a title="how to make journalism pay at media 140 sydney" href="http://martincahill.wordpress.com/2010/03/04/how-to-make-journalism-pay-media140/" target="_blank">The sustainability of our business is very much linked to the quality of content</a>.”  because with several million online voices a site needs compelling and relevant content to attract and retain readers.</p>
<p>Yet every panel participant agreed the cost of content is falling and in many cases is now free.</p>
<p>There lies the paradox; if content is so valuable, why is it so cheap or even worthless?</p>
<p>The model for online publishers is the same as it was in the days of every city having three evening newspapers or when the six o&#8217;clock TV news was the most watched show on television. Compelling content attracted readers and viewers which in turned attracted eager advertisers.</p>
<p>In the days of metro evening newspapers and the six o&#8217;clock news there were substantial barriers to competition with printing presses, broadcast licenses and distribution networks required. Today anyone who can afford $10 a month for website hosting can be a publisher.</p>
<p>Worse, the rates for online advertising are plummeting and with <a title="the poor returns for online publishers" href="http://katec.posterous.com/in-typical-scenario-a-5-cpm-can-end-up-nettin" target="_blank">the site owners only making a few dollars</a> there&#8217;s little for publishers, let alone the content creators.</p>
<p>Which brings us back to the fundamental problem, if there isn&#8217;t any money for those who create the content then there&#8217;s little point in the middle men distributing it.</p>
<p>Many of today&#8217;s online publishers are l<a title="the real digital divide" href="http://paulwallbank.com/2010/02/10/the-real-digital-divide/">ike the loom weavers of the early 18th Century</a> who derived a short term benefit from the change that eventually destroyed them. The same forces that make journalists work for nothing are the same ones that will render the bulk of publishers insolvent.</p>
<p>And that could be where the future of journalism, writing and publishing really lies — the bulk of the industry eking out an existance providing commoditised, generic pap and a few niche publications with readerships that attract  good incomes that in turn can pay a small number of  writers.</p>
<p>That&#8217;s certainly the model the panel at Media 140 are betting on and I hope they all do well.</p>
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		<title>The Future of Journalism</title>
		<link>http://paulwallbank.com/2010/03/07/the-future-of-journalism/</link>
		<comments>http://paulwallbank.com/2010/03/07/the-future-of-journalism/#comments</comments>
		<pubDate>Sun, 07 Mar 2010 12:48:15 +0000</pubDate>
		<dc:creator>Paul Wallbank</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[media]]></category>
		<category><![CDATA[new media]]></category>
		<category><![CDATA[old media]]></category>
		<category><![CDATA[social media]]></category>

		<guid isPermaLink="false">http://paulwallbank.com/?p=726</guid>
		<description><![CDATA[Many occupations are faced with free or cheap labour swamping their marketplace. Journalism is one of those trades. Media140 met in Sydney to discuss exactly where the future of journalism lies.]]></description>
			<content:encoded><![CDATA[<p>Last week&#8217;s Media 140 meeting in Sydney looked at the future of journalism and how publishers are paying, or rather not paying, contributors to their online publications.</p>
<p>The evening was well documented by <a title="Martin Cahill thoughts on the future of journalism" href="http://martincahill.wordpress.com/2010/03/04/how-to-make-journalism-pay-media140/" target="_blank">Martin Cahill</a> and the message was clear — publishers are not going to pay for content because even if they want to they can&#8217;t afford it.</p>
<p>The prevailing view was journalists will have to learn how to multi task; but given YouTube is even more poorly rewarded than online journalism, it&#8217;s unlikely sites will be any more generous to video or audio contributions than they are to text contributors. Which only suggests a future of journalists doing more work for no money.</p>
<p>Valerio Veo, Head of <a title="Special Broadcasting Service SBS" href="http://www.sbs.com.au/" target="_blank">SBS News and Current Affairs Online</a> pointed out SBS is paying a 19 year a $1000 per contribution for covering Obama&#8217;s visit to Indonesia.</p>
<p>Ignoring this is pocket money in terms of sending a camera crew and traditional reporter, the fact SBS are one of the few Australian organisations paying online contributors suggests ABC Managing Director, Mark Scott&#8217;s, view at a <a title="Media 140 Sydney November 2009" href="http://www.aroundtheworldin140days.com/events/sydney2009/" target="_blank">previous Media140</a> that only government supported organisations will be able to afford to pay journalists is part of the future is correct.</p>
<p>So what is the future of professional journalism? Will it be restricted to a few subsidised outlets? Is it the gifted amateur contributing for their love of the masthead? Or is it that of the professional pushing their own or their employer&#8217;s agenda?</p>
<p>Maybe journalists will become editors cleaning up the shoddy contributions of not so gifted writers that have the only benefit of being free. Could it be that curating other people&#8217;s content will be the role of future journalists?</p>
<p>Or perhaps journalists are the new poets, starving in garrets and working in desperate jobs while waiting for the phone call from the ABC, BBC or PBS, penning great works that will lie undiscovered on obscure blogs which will only be found after their passing?</p>
<p>We didn&#8217;t really glimpse the answers at Media140 and this is an important discussion to have as the rise of <a title="Are you a digital sharecropper" href="http://www.codinghorror.com/blog/2009/08/are-you-a-digital-sharecropper.html" target="_blank">the digital sharecropper</a> isn&#8217;t confined to journalism.</p>
<p>Many professional and white collar occupations are going the same way and we need to understand what this means for large parts of our economy. Even if we choose not to discuss it, it&#8217;s the reality we face.</p>
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		<title>Dangerous Game</title>
		<link>http://paulwallbank.com/2009/04/06/dangerous-game/</link>
		<comments>http://paulwallbank.com/2009/04/06/dangerous-game/#comments</comments>
		<pubDate>Mon, 06 Apr 2009 21:32:50 +0000</pubDate>
		<dc:creator>Paul Wallbank</dc:creator>
				<category><![CDATA[business advice]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[media]]></category>
		<category><![CDATA[new media]]></category>
		<category><![CDATA[old media]]></category>

		<guid isPermaLink="false">http://paulwallbank.com/?p=333</guid>
		<description><![CDATA[Associated Press have warned they will start taking action against news aggregrators like Google. Rupert Murdoch made similar noises last week. As Fred Wilson has pointed out, the problem for AP and...]]></description>
			<content:encoded><![CDATA[<p>Associated Press have <a href="http://www.nytimes.com/2009/04/07/business/media/07paper.html?_r=1&amp;partner=rss&amp;emc=rss" target="_blank">warned they will start taking action</a> against news aggregrators like Google. <a href="http://www.forbes.com/2009/04/03/rupert-murdoch-google-business-media-murdoch.html" target="_blank">Rupert Murdoch made similar noises</a> last week.</p>
<p>As <a href="http://www.avc.com/a_vc/2009/04/you-cant-take-the-paper-out-of-the-newstand.html" target="_blank">Fred Wilson has pointed out</a>, the problem for AP and News is the web is now the newstand and taking publications off the shelves is not good business sense.</p>
<p>We see that with the Australian Financial Review. Its position as an Australian journal of record has been diminished by Fairfax&#8217;s incompetent obsession with protecting content.</p>
<p>As result, other channels such as The Australian, Business Spectator and blogs have stepped into the vaccuum and eroded the AFR&#8217;s online authority.</p>
<p>Following the RIAA path and suing Google, the Huffington Post and any blog that dares link to their sites will backfire on the news industry just as it did on the record industry.</p>
<p>In many ways newspapers are even more vulnerable as journalists employed by organisations like News and AP are quick to rip stories off from blogs, web forums or MySpace and Facebook pages with little regard for permission or attribution.</p>
<p>I suspect it&#8217;s one legal quagmire Associated Press or Rupert Murdoch might rue becoming bogged down in at the very time their business models are challenged by both economic and technological change.</p>
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		<title>Social networking and old media</title>
		<link>http://paulwallbank.com/2008/11/24/social-networking-and-old-media/</link>
		<comments>http://paulwallbank.com/2008/11/24/social-networking-and-old-media/#comments</comments>
		<pubDate>Mon, 24 Nov 2008 21:09:08 +0000</pubDate>
		<dc:creator>Paul Wallbank</dc:creator>
				<category><![CDATA[media]]></category>
		<category><![CDATA[new media]]></category>
		<category><![CDATA[old media]]></category>
		<category><![CDATA[Bebo]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[MySpace]]></category>
		<category><![CDATA[YouTube]]></category>

		<guid isPermaLink="false">http://paulwallbank.com/?p=119</guid>
		<description><![CDATA[I&#8217;m currently attending the Online Social Networking and Business Collaboration World Conference. There&#8217;s some interesting perspectives on where social networking is going and how people are going to make money...]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.acevents.com.au/socialmedia08/"><img class="alignleft" style="margin: 10px;" title="Online Networking and Media Collaboration World" src="http://www.acevents.com.au/socialmedia08/images/Branding-720PX.gif" alt="" width="200" height="36" /></a>I&#8217;m currently attending the <a href="http://www.acevents.com.au/socialmedia08/" target="_blank">Online Social Networking and Business Collaboration World</a> Conference.</p>
<p>There&#8217;s some interesting perspectives on where social networking is going and how people are going to make money from it.</p>
<p>Personally, I think too many of the big players like Bebo and MySpace are too fixated on the old broadcast media model of top down content where they control everything.</p>
<p>Particularly fascinating is how dismissive many of the attendees are of YouTube and Facebook. The funny thing is there were five people around me with laptops on and all of them visited their Facebook pages during the morning seminar.</p>
<p>The icing on the cake was on the bus home. The girl in front of me had her MacBook open and she was editing her Facebook page.</p>
<p>It seems to me the big established media companies are struggling with their investments in the social media space. </p>
<p>More on this later.</p>
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